2 months on rocket

501 Oak St, Myrtle Beach, SC, 29577

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,560 SqFt
$253/SqFt
Condo

Location

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501 Oak St, Myrtle Beach$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built1965
HeatingElectric
CoolingWall/Window Unit(s)
MLS #2423383
StatusActive

About 501 Oak St

Multifamily property consisting of two buildings with a total of eight 1-bedroom units. Take advantage of the benefits of being in a designated opportunity zone. East of 17 bypass in Myrtle Beach.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 3,560 SqFt

Listing Office:

  • Office Name: CENTURY 21 Thomas
  • Office Phone: (843) 273-3002

Exterior Features

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Wall/Window Unit(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000
  • Price Per SqFt: $253/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Myrtle Beach, SC.

Med. Sold Price

$324.8K

Med. Price/SqFt

$212

Avg. Days On Market

118

# of Sold Homes

320

501 Oak St vs Myrtle Beach

68 DAYS ON ROCKET

-50 Days

$899,000

+$574.1K More

$253/SqFt

+$40 More

KEY TAKEAWAY

This property is $574.1K more than the Median Sold Price and $40/SqFt more than other homes in Myrtle Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CCAR
  • MLS Number: #2423383

Listing Office:

  • Office Name: CENTURY 21 Thomas
  • Office Phone: (843) 273-3002

IDX Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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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.

Nearby Schools

school-card-donut-1051329
3
/10
  • Myrtle Beach Elementary School

  • 690 33rd Ave N

  • 2.36 miles

  • Public District Grades 3-5

school-card-donut-1051330
7
/10
  • River Oaks Elementary School

  • 700 Augusta Plantation Dr

  • 3.99 miles

  • Public District Grades PK-5

school-card-donut-1051331
7
/10
  • Lakewood Elementary School

  • 1675 Highway 396

  • 4.73 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,131. The majority of Myrtle Beach, SC residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Myrtle Beach, SC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Myrtle Beach, SC.

Myrtle Beach offers a dynamic housing market with a mix of residential options to suit various preferences and budgets. The housing landscape is characterized by a blend of single-family homes, condominiums, and townhouses, with a noticeable presence of beachfront properties that highlight the coastal lifestyle. Architectural styles range from contemporary to traditional beach house designs, reflecting the area's resort-town atmosphere. The market is diverse, with a significant portion of properties serving as vacation homes or investment opportunities.

What is it like to live in Myrtle Beach, SC?

Myrtle Beach is celebrated for its vibrant community spirit and leisurely pace of life, with the oceanfront serving as the heart of the city's social and cultural activities. The area prides itself on being a family-friendly destination, offering a plethora of attractions such as amusement parks, live entertainment, and annual festivals that showcase local talent and cuisine. The community's character is further enriched by its scenic boardwalk, pristine beaches, and well-maintained public spaces that encourage outdoor living and recreation.

Is it easy to get around Myrtle Beach, SC without a car?

The community is served by a network of public services that cater to the needs of residents and visitors alike. Educational opportunities are available through a selection of public and private schools, with a focus on both academic and extracurricular development. Healthcare services are accessible via local clinics and regional hospitals that provide a range of medical care. Retail and dining options abound, offering everything from casual eateries to upscale dining experiences, many of which feature fresh, local seafood. The city is also proactive in enhancing services to accommodate its growing population and tourism industry.

Transportation in Myrtle Beach, SC.

Transportation in Myrtle Beach is facilitated by a series of major roadways, including Highway 17, which provides access to various parts of the city and neighboring areas. Public transit options are available, with bus services connecting key locations throughout the city. The area is moderately walkable, particularly around the boardwalk and central business district, where residents and tourists can enjoy easy access to shops, restaurants, and attractions. Bike paths and lanes are also present, promoting a bike-friendly environment. Ride-sharing services are operational in the area, complementing the existing transportation infrastructure.

Frequently Asked Questions About 501 Oak St

What is the listing price of this property?

The listing price of 501 Oak St property is $899,000.

What type of property is this?

The property 501 Oak St is a condo located in Myrtle Beach, South Carolina, 29577.

Is this property for sale now?

Active Listing: 501 Oak St is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 501 Oak St is 3,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 Oak St is 1965.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29577›501 Oak St

This home is located at 501 Oak St in Myrtle Beach, SC and zip code 29577. This 3,560 square foot home was built in 1965. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $899,000.

Myrtle Beach, SC housing market in November 2024 saw over 18 listings sold above listed price, more than 47 sold at listed price and over 255 sold below. In November 2024 in Myrtle Beach, SC there were 0.8% more homes for sale than in October 2024. The median list price of listings available in November 2024 was $324,892, while the average time on the real estate market was 118 days.

From Rocket Homes Real Estate and based on county public records data.

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