1101 Dunbar St., Myrtle Beach, SC 29577
1101 Dunbar St., Myrtle Beach, SC 29577
1101 Dunbar St., Myrtle Beach, SC 29577
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Russ Whited

Russ Whited

+1(843) 200-9606
Listed by Jeff Forman • Keller Williams The Forturro G
$555,000
2,976 SqFt
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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 2,976 sqft

Price per Sqft $186

Municipality Not within a Subdivision

Subdivision Not Within A Subdivision

MLS Listing ID 2600195

Construction Status Resale

HOA Y/N No

Year Built 1950

Property Sub-Type Apartment

Source CCAR

Property Description

Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units. Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking. Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!

Location

State SC

County Horry

Community Not Within A Subdivision

Area 16F Myrtle Beach Area--10Th Ave N To 29Th Ave N

Zoning RMM

Interior

Heating Electric

Cooling Wall/ Window Unit(s)

Fireplace No

Exterior

Parking Features Other

Community Features Long Term Rental Allowed

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Building

Lot Description City Lot, Rectangular, Rectangular Lot

Foundation Slab

Water Public

Construction Status Resale

Schools

Elementary Schools Myrtle Beach Elementary School

Middle Schools Myrtle Beach Middle School

High Schools Myrtle Beach High School

Others

Senior Community No

Tax ID 42416010052

Security Features Heat Detector,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Portfolio Loan

Listing Terms Cash, Conventional, Portfolio Loan

Special Listing Condition None

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Russ Whited

Russ Whited

+1(843) 200-9606

Broker | License ID: 30867

Broker License ID: 30867

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