NOT LISTED FOR SALE

Estimated Value: $172,000 - $199,000

0.53 Acre
$351,808 Price per Acre
23,087 Sq Ft Lot

Last Sold August 29, 2024

Last sale price $200,000

Est. 7% decrease in value since last sale

Current estimated payment $1,171/month

86 Days on Market

Highlights

  • 0.53 Acre Lot
  • Wooded Lot
  • Rectangular Lot

About This Lot

As of August 2024

Nestled in the heart of Myrtle Beach, this half acre lot presents an exceptional opportunity for residential or commercial projects. Within walking distance of the pristine oceanfront, this property is ideally situated near renowned attractions including Restaurant Row, the famous Boardwalk, Family Kingdom Entertainment Center, and the iconic Sky Wheel. Set within a desirable no HOA community and located in the MU-M zoning district, tailored for Mixed Use-Medium density, this parcel provides a versatile canvas for a variety of ventures. Whether you envision commercial enterprises, residential development, or a fusion of both, the flexible zoning classification enables you to realize your vision. Currently featuring an older, non-habitable structure, this property offers the perfect opportunity for redevelopment or revitalization. With its proximity to Myrtle Beach's premier destinations, including the vibrant Restaurant Row, historic Boardwalk, renowned Family Kingdom Entertainment Center, and the iconic Sky Wheel, the potential for creating an enticing destination is boundless. Priced competitively and suited for a discerning investor, developer, or those seeking a home within walking distance of top attractions without the constraints of an HOA, this offering is not to be missed. Seize the opportunity to explore this exceptional property and transform your aspirations into reality amidst the vibrant landscape of Myrtle Beach. Secure your stake in this unparalleled opportunity today!

Last Agent to Sell the Property

Larisa Esmat

INNOVATE Real Estate License #96360 Listed on: 04/08/2024

INNOVATE Real Estate

Last Buyer's Agent

Larisa Esmat

INNOVATE Real Estate License #96360 Listed on: 04/08/2024

INNOVATE Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,197

Lot Details

  • 0.53 Acre Lot
  • Rectangular Lot
  • Wooded Lot
  • Property is zoned MU-M

Location

  • East of US 17

Community Details

  • The community has rules related to allowable golf cart usage in the community

Property Details

Property Type

Land

Est. Annual Taxes

$2,197

Lot Details

0

Listing Details

  • Lot Description: Wooded, Rectangular
  • Improvements: Residence
  • Four Sided Lot Measurement: 225x105x225x105
  • Amenities Available: Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Golf Cart, Tenant Allowed Golf Cart, Owner Allowed Pet
  • Class: Land
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 04/08/2024
  • Estm Road Frontage: 225
  • Estimated Lot Size: .5-1 Acres
  • Number Of Lots: 1
  • Residence: 2 Bedroom
  • Road Access: City Street
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Water, Sewer, Utilities
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.53

Garage/Parking

  • Type: Commercial Lot - Sale

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Location: Inside City Limits, East Of Highway 17 Bypass
  • Zoning: MU-M

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2024
Closed on
Aug 27, 2024
Sold by
Kruchinina Rozana
Bought by
Pyramids Construction Co Llc
Seller's Agent
Larisa Esmat
INNOVATE Real Estate
Buyer's Agent
Larisa Esmat
INNOVATE Real Estate
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%
Views
50
Current Estimated Value
$186,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,542
Avg. Annual Appreciation
-6.29%

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 8, 2022
Sold by
Vereen Dorothy D
Bought by
Kruchinina Rozana and C/O Vereen Dorothy D
Seller's Agent
Sherry Harrelson
Realty ONE Group Dockside
Buyer's Agent
Advantage Agent Group
Agent Group Realty
List Price
$100,000
Sold Price
$125,000
Premium/Discount to List
$25,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.46%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pyramids Construction Co Llc $200,000 --
Kruchinina Rozana $125,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $200,000 -11.1% --
04/08/2024 04/08/24 For Sale $225,000 +80.0% --
06/08/2022 06/08/22 Sold $125,000 +25.0% --
04/20/2022 04/20/22 For Sale $100,000 -- --
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 $2,197 $10,055 $8,910 $1,145
2023 $2,197 $2,251 $1,927 $324
2021 $608 $2,251 $1,927 $324
2020 $580 $2,251 $1,927 $324
2019 $709 $3,667 $1,927 $1,740
2018 $0 $2,388 $1,662 $726
2017 $629 $2,388 $1,662 $726
2016 $0 $2,388 $1,662 $726
2015 -- $2,388 $1,662 $726
2014 -- $2,388 $1,662 $726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2408520

Coastal Carolinas Association of REALTORS®

APN: 44303040009