604 5th Ave S - Apartments FOR SALE


Myrtle Beach, SC 29577- Downtown Myrtle Beach
$2,399,000 USD
843-902-4325
604 5th Ave S, Myrtle Beach, SC for Sale
$2,399,000 USD
Apartments - FOR SALE
1/38
null | Request Cap Rate

604 5th Ave S
Myrtle Beach, SC 29577
Downtown Myrtle Beach


HIGHLIGHTS

  • 5 Minutes to the Atlantic Ocean
  • Newly Constructed 2024
  • High End Finishes
  • Great Rental Values in the area.
  • Excellent area for secondary/retirement/first time home buyers.
  • Golf Carts Allowed!

OVERVIEW

Excellent Investment Opportunity! Lake View Villas, this building is comprised of EIGHT 3-bedroom, 2-bathroom condos nestled in the Myrtle Beach area. Building was completed in 2024. Boasting breathtaking withers marsh views right behind the building, these high class new construction condos are a step above the rest. Rent ranges and location make this opportunity feasible. The kitchen is a chef's delight, featuring stainless steel appliances, granite countertops, and soft-close cabinets, creating a seamless blend of style and functionality. Graciously sized bedrooms offer extra comfort, crown molding throughout adds a touch of elegance to the space, while oversized balconies provide the perfect vantage point for enjoying the gorgeous surroundings. Embrace the convenience of beach living with access to the ocean within just 5 minutes. This thoughtfully crafted condo complex not only promises a lifestyle of comfort and sophistication but affordability. Seize the opportunity to make this haven yours and enjoy in the benefits of investing at the beach! Land will will be subdivided to suite the building when under contract.

FOR SALE DETAILS

PRICE

$2,399,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

8

PRICE/UNIT

$299,875

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lake View Villas II

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

RES

APN/PARCEL ID

44306030057

ASK ABOUT THIS PROPERTY

Jeff FormanKeller Williams The Forturro GroupMore Info
843-902-4325

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Jeff FormanKeller Williams The Forturro GroupMore Info
843-902-4325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.