NOT LISTED FOR SALE

701 24th Ave S North Myrtle Beach, SC 29582

Crescent Beach Neighborhood

Estimated Value: $251,043 - $739,000

6 Beds
4 Baths
3,214 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $720,000 $224 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $2,462/month

9 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Rectangular Lot
  • Ocean Drive Elementary School Rated A

About This Home

As of September 2023

Look no further than this prime investment opportunity for your next profitable venture. Formerly a quadraplex, this property has been transformed into a lucrative triplex that has been consistently generating impressive income since 2021. This well-maintained, low-maintenance multi-family beach house is all set to offer a warm welcome to your future renters unforgettable beach getaway. Convenience and comfort abound with outdoor showers, a designated grilling area, and individual front deck spaces for each unit, all just steps away from the beach access point. Each unit boasts its own unique features that cater to both short-term and long-term renters, ensuring a diverse and consistent stream of occupancy. Here's a breakdown of what each unit offers: Unit A/B: This spacious first floor unit features 3 bedrooms and 2 bathrooms, a fully equipped kitchen, private laundry facilities, and direct access to a deck for relaxation and enjoyment. Unit C: Offering 1 bedroom and 1 bathroom, this unit also comes with a full kitchen and durable laminate flooring, providing a comfortable and functional space. Unit D: With 2 bedrooms and 1 bathroom, this unit offers a full kitchen and an inviting, open layout that provides ample space for guests and various activities. The added convenience of each unit being fully furnished streamlines your setup process, ensuring you're ready to start generating rental income without delay. Don't miss out on this exceptional opportunity, act now before it slips away and becomes the opportunity that got away!

Last Agent to Sell the Property

Moshe Ben-ezra

Dargan Real Estate License #100596 Listed on: 08/11/2023

Last Buyer's Agent

Adam Brown

DR Horton License #107589

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,345

Year Built

  • Built in 1974

Lot Details

  • 3,920

Parking

  • Assigned Parking

Home Design

  • 3,214 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Vinyl Siding

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

Overview

  • 3 Units

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,345

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Four Sided Lot Measurement: 56 X 135 X 57 X 135
  • Amenities Available: Laundry Room, Lower Level, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 1974
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 08/11/2023
  • Sold Total Heated Sq Ft: 3214
  • Sold Total Sq Ft: 3395
  • Total Heated Sq Ft: 3214
  • Misc Structural: Sep. Electric Meter, Individual Water Heater, Indiv. Heat & Air
  • Safety Features: Smoke/Heat Detector, Lead Based Paint Disc.
  • Utilities Owner Pays: Electric, Water/Sewer, Trash
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Total Sq Ft: 3395

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Foundation: Slab

Garage/Parking

  • Type: Triplex
  • Parking: Assigned Parking

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, Water Public
  • Heating Cooling: Central Heat, Central Air, Electric

Schools

  • Elementary School: Ocean Drive Elementary
  • Middle School: North Myrtle Beach Middle School
  • High School: North Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits, East Of Highway 17 Bypass
  • Zoning: R2

Multi Family

  • Number Of Units: 3

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2022
Sold by
Dew Karen
Bought by
Cava Nicholas and Cava Rosanne
Current Estimated Value
$431,348

Purchase Details

Closed on
Sep 11, 2002
Sold by
Clemons Eugene and Clemons Doris
Bought by
Dew Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 5, 2001
Sold by
Smith Wayne
Bought by
Clemmons Eugene and Clemmons Doris
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cava Nicholas $1,150,001 --
Dew Karen -- --
Dew Karen $380,000 --
Clemmons Eugene $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dew Karen $37,000
Previous Owner Dew Karen $400,000
Previous Owner Dew Karen $76,000
Previous Owner Dew Karen $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $720,000 -10.0% $224 / Sq Ft
08/11/2023 08/11/23 For Sale $799,900 +70.2% $249 / Sq Ft
03/26/2021 03/26/21 Sold $470,000 +5.9% $146 / Sq Ft
01/22/2021 01/22/21 For Sale $444,000 -- $138 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,345 $4,263 $2,786 $1,477
2023 $1,345 $4,263 $2,786 $1,477
2021 $964 $5,410 $3,352 $2,058
2020 $0 $5,410 $3,352 $2,058
2019 $834 $5,410 $3,352 $2,058
2018 $0 $4,169 $2,873 $1,296
2017 $841 $4,169 $2,873 $1,296
2016 -- $4,169 $2,873 $1,296
2015 $834 $4,170 $2,874 $1,296
2014 $807 $4,170 $2,874 $1,296
Source: Public Records

Agents Affiliated with this Home

  • Moshe Ben-ezra

    Seller's Agent in 2023

    Moshe Ben-ezra

    Dargan Real Estate

    (843) 922-1818

    9 in this area

    78 Total Sales

    Moshe Ben-ezra
    Section Image
  • Adam Brown

    Buyer's Agent in 2023

    Adam Brown

    DR Horton

    (843) 251-4271

    1 in this area

    80 Total Sales

    Adam Brown
    Section Image
  • Nikki Lane

    Seller's Agent in 2021

    Nikki Lane

    INNOVATE Real Estate

    (843) 612-6698

    4 in this area

    101 Total Sales

    Nikki Lane
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2316162

Coastal Carolinas Association of REALTORS®

APN: 35109030059

South Carolina Horry County North Myrtle Beach 29582 Crescent Beach

701 24th Ave S, North Myrtle Beach, SC

This home is located at 701 24th Ave S, North Myrtle Beach, SC 29582 since 11 August 2023 and is currently estimated at $431,348, approximately $134 per square foot. This property was built in 1974. 701 24th Ave S is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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