Discover the ultimate beachfront lifestyle with this beautifully renovated oceanfront duplex, perfectly situated in the sought-after Cherry Grove section of North Myrtle Beach. With 8 bedrooms & 8 bathrooms- 4 on each side - this duplex presents a rare opportunity to live in one half while generating significant rental income from the other, or to maximize its full potential as a luxury rental property. Renovated in 2023, this property boasts contemporary upgrades throughout. Both units are mirror images, designed to provide open, spacious living areas with stunning ocean views from nearly every room. The kitchens feature sleek cabinetry, new counters, under-counter microwaves, new stainless appliances, & a striking teal subway tile backsplash. Each unit has access to a private covered deck where you can enjoy ocean views from sunrise to sunset. The six upstairs bedrooms each come with an en-suite bath, offering maximum privacy & comfort, while the main floor bedrooms share a bathroom with the living space. Additional updates include luxury vinyl plank (LVP) flooring, modern lighting fixtures, and ceiling fans in every bedroom. Step outside and enjoy the expansive ground-level entertaining space, ideal for relaxing after a day on the beach. This private area, shielded from the road, offers ample room for outdoor dining, storing beach gear, and room to rinse off the beach in the outdoor showers. The recently added brick patio adds a great place to relax and enjoy the ocean waves. With its unbeatable location, close to Cherry Grove Fishing Pier & Heritage Preserve Boat Launch & Pier, this property offers easy access to the best of North Myrtle Beach. Whether you're looking for a family retreat, a rental income powerhouse, or a personal oceanfront oasis, this duplex can be tailored to your needs. Currently listed on Airbnb with strong rental history, the potential for income is substantial - rent both sides for large groups or live in one & let the other work for you.
Property Details
Property Features
Property Information:
Architectural Style: Raised Beach
Year Built: 1980
Living Area: 3,813 SqFt
Listing Office:
Office Name: Landmark Sotheby's Intl Realty
Office Phone: (843) 353-1423
Interior Features
Interior Information:
Appliances: Dishwasher, Microwave, Range, Refrigerator, Range Hood, Dryer, Washer
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11.7K
Per Month
Principal & Interest
$11.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$7,112
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Ocean Drive Elementary School
901 11th Ave N
Distance between this listing and this school2.54 miles
Public District Grades PK-5
7
/10
Waterway Elementary School
700 Sandridge Rd
Distance between this listing and this school3.61 miles
Public District Grades PK-5
5
/10
Riverside Elementary School
1287 Highway 57 S
Distance between this listing and this school6.02 miles
Public District Grades PK-5
Nearby Schools
7
/10
North Myrtle Beach Middle School
11240 Highway 90
Distance between this listing and this school3.59 miles
Public District Grades 6-8
9
/10
Ocean Bay Middle School
905 International Dr
Distance between this listing and this school14.90 miles
Public District Grades 6-8
3
/10
Shallotte Middle School
225 Village Rd SW
Distance between this listing and this school16.13 miles
Public District Grades 6-8
Nearby Schools
7
/10
North Myrtle Beach High School
3750 Sea Mountain Hwy
Distance between this listing and this school3.31 miles
Public District Grades 9-12
5
/10
West Brunswick High School
550 Whiteville Rd NW
Distance between this listing and this school15.76 miles
Public District Grades 9-12
4
/10
Myrtle Beach High School
3302 Robert M Grissom Pkwy
Distance between this listing and this school16.27 miles
The neighbors living near this home have an average income of $50,735. Residents of North Myrtle Beach, SC typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4700 N Ocean Blvd
What is the listing price of this property?
The listing price of 4700 N Ocean Blvd property is $2,350,000.
What type of property is this?
The property 4700 N Ocean Blvd is a house located in North Myrtle Beach, South Carolina, 29582.
Is this property for sale now?
Active Listing: 4700 N Ocean Blvd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $12,477 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 9, 2020 for $790,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 4700 N Ocean Blvd has 8 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 4700 N Ocean Blvd is 3,813 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4700 N Ocean Blvd is 1980.
This home is located at 4700 N Ocean Blvd in North Myrtle Beach, SC and zip code 29582 in the Cherry Grove neighborhood. This 3,813 square foot home, which was built in 1980, sits on a 0.16 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since October 21, 2024 and is currently priced at $2,350,000.
In November 2024 more than 3 listings in North Myrtle Beach, SC were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 76 were sold below. The number of homes for sale in North Myrtle Beach, SC increased by 1.5% between October 2024 and November 2024. In November 2024, listings were on the market for 104 days. During the same period, the median list price in this real estate market was $400,166.
From Rocket Homes Real Estate and based on county public records data.