$2,400,000

Estimated payment $13,293/month

Total Views 3,048
12 Beds
8 Baths
3,480 Sq Ft
$690 Price per Sq Ft

Highlights

  • Very Popular Property
  • Direct Ocean View
  • Laundry Room
  • Ocean Drive Elementary School Rated A
  • Community Pool
  • Central Heating and Cooling System

About This Home

MASSIVE RENTAL INCOME POTENTIAL!! QUARTER MILLION RENTAL INCOME PER unit, PER year! Welcome to 931 S Ocean Blvd, North Myrtle Beach, SC — The Canary Diamond, a crown jewel of oceanfront living. The Canary Diamond, an extraordinary, almost thirty five hundred heated square foot, 6-bedroom, 6.5-bathroom luxury unit, is part of an exclusive quad building, is ONE OF FOUR AVAILABLE UNITS, and offers the ultimate combination of elegance, comfort, and revenue-generating potential. The entire building, built in 2005- was recently reimagined with a multi-million renovation, every detail has been upgraded to the highest standards including, Brand-new appliances, New HVAC systems (one on each floor of each unit), New instant hot water heaters (One on each floor of each unit) New roof, State-of-the-art fire protection system, new LVP flooring, Paint, Plumbing fixtures, Brand New electrical panels AND breakers, each unit has its own, separate meters for water AND electric, and MORE. Step inside and be amazed by expansive living areas, high-end designer finishes, and an open-concept floor plan that’s ideal for large groups. The Diamond Canary unit can comfortably sleep up to 32 guests, making it a powerhouse vacation rental with a PROJECTED RENTAL INCOME OF OVER A QUARTER MILLION PER UNIT, PER YEAR!!!!! Entertainment abounds, enjoy your private game room with a massive 100-inch TV, perfect for movie nights or game-day excitement. Step outside to your oceanfront pool and hot tub, where sunrises and salty breezes are just part of everyday life. Whether you’re searching for a luxury second home or a high-performing investment property, The Canary Diamond checks every box. *Please note the Diamond Canary is only one of 4 total units being offered. Diamond Canary-3480 sqft & 6 beds 2.4 MILLION OCEAN FRONT Diamond Emerald-4000 sqft & 7 beds 2.2 MILLION OCEAN FRONT Diamond Blue-3480 sqft 6 beds 2.6 MILLION OCEAN BLVD Diamond Red-4000 sqft & 7 beds 2.2 MILLION OCEAN BLVD * EACH individual unit has a projected rental income of OVER A QUARTER MILLION per year. *The entire building can be used as one, with lockout doors connecting each unit * The entire quad sleeps up to 132 people Call today for more information or to schedule a private tour!

Listing Agent

Lawrence Stopper

Century 21 Stopper &Associates Listed on: 06/05/2025

Century 21 Stopper &Associates

Co-Listing Agent

Douglas Rollins

Century 21 Stopper &Associates License #85528

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Home Design

  • Raised Foundation
  • Wood Frame Construction

Interior Spaces

  • 3,480 Sq Ft Home
  • Direct Ocean Views
  • Laundry Room

Location

  • Flood Zone Lot
  • East of US 17

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • 4 Units

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Lot Description: Designated Flood Zone
  • Amenities Available: Pool, Laundry Room, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Owner Allowed Pet
  • Estimated Year Built: 2005
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 06/05/2025
  • Sold Total Heated Sq Ft: 3480
  • Sold Total Sq Ft: 16916
  • Total Heated Sq Ft: 3480
  • One Bedroom Rent Range: *UP TO $260,000 PER UNIT
  • Two Bedroom Rent Range: *UP TO $260,000 PER UNIT
  • Three Bedroom Rent Range: *UP TO $260,000 PER UNIT
  • Four Bedroom Units Rent Range: *UP TO $260,000 PER UNIT
  • Misc Structural: Sep. Water Meter, Sep. Electric Meter
  • Number1 Br Units: 6
  • Number2 Br Units: 7
  • Number3 Br Units: 6
  • Number4 Br Units: 7
  • Safety Features: Smoke/Heat Detector, Sprinkler System
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2005

Interior Features

  • Total Sq Ft: 16916

Exterior Features

  • Exterior Finish: Wood Frame
  • Foundation: Raised Beach

Garage/Parking

  • Type: Quad

Utilities

  • Utilities Available: Cable Tv, Electricity, 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, Oceanfront, East Of Highway 17 Bypass
  • Zoning: R-4

Multi Family

  • Number Of Units: 4

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 -- $145,397 $67,500 $77,897
2023 $0 $145,397 $67,500 $77,897
2021 $30,827 $172,266 $67,500 $104,766
2020 $32,541 $172,266 $67,500 $104,766
2019 $31,392 $172,266 $67,500 $104,766
2018 $0 $126,432 $67,500 $58,932
2017 $28,674 $126,432 $67,500 $58,932
2016 -- $126,432 $67,500 $58,932
2015 $28,421 $126,432 $67,500 $58,932
2014 $27,511 $126,432 $67,500 $58,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $8,900,000 +270.8% $626 / Sq Ft
06/05/2025 06/05/25 For Sale $2,400,000 -43.4% $690 / Sq Ft
10/11/2024 10/11/24 Sold $4,240,000 -1.2% $333 / Sq Ft
05/17/2024 05/17/24 For Sale $4,290,000 +22.6% $337 / Sq Ft
08/03/2023 08/03/23 Sold $3,500,000 -12.2% $275 / Sq Ft
06/08/2023 06/08/23 For Sale $3,987,000 -- $314 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,240,000 --
Warranty Deed $3,500,000 --
Warranty Deed $2,200,000 --
Deed -- --
Warranty Deed $1,200,000 --
Legal Action Court Order $295,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 New Conventional
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2513956

Coastal Carolinas Association of REALTORS®

APN: 35712030042