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    205 N Ocean Blvd North Myrtle Beach, SC 29582

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    For Sale
    $4,499,900

    Rare development opportunity in Tilghman Beach section of North Myrtle Beach.

    Lot size:
    0.89 Acres

    Property Features for 205 N Ocean Blvd

    General Information

    Lot size
    0.89 Acres

    Source: Keller Williams Innovate South Agent Ty Bellamy Team

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    North Myrtle Beach Development Opportunity

    This rare development opportunity is located in the Tilghman Beach section of North Myrtle Beach. The assemblage consists of three lots. The largest lot, measuring 100x150, is a second-row vacant lot situated directly across the street from the oceanfront. The second lot is directly behind the first and includes a recently renovated duplex structure that is rented annually. The last lot abuts the second lot and features an older structure consisting of 13 units, also rented annually. The land is situated on 4th Ave and 5th Ave North, as well as Ocean Blvd. Each lot is individually deeded and all are zoned R-4, multi-family, allowing for a maximum building height of 90 feet.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.6747
    Latitude
    33.817814

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    FAQs

    What type of property is this?
    Land - Rare development opportunity in Tilghman Beach section of North Myrtle Beach.
    Where is this land located?
    The property is located at 205 N Ocean Blvd North Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $4,499,900.
    What are key features of this property?
    This property features: - Rare development opportunity in the Tilghman Beach section of North Myrtle Beach.; - Zoned R-4, multi-family, allowing for significant development potential.; - Take advantage of the maximum building height of 90 feet.
    (843) 603-1439
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    205 N Ocean Blvd North Myrtle Beach, SC 29582
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 N Ocean Blvd North Myrtle Beach, SC 29582
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