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    1525 Lanterns Rest Rd, Unit 203 Myrtle Beach, SC 29579

    For Sale
    $244,000

    Condo near ICW with short-term rental potential.

    Property Features for 1525 Lanterns Rest Rd

    General Information

    Interior features
    Interior Feature 1, : "Cable Ready", "Interior Feature 2": "Central", "Interior Feature 3": "Electric", "Interior Feature 4": "Central Air", "Interior Feature 5": "Dishwasher", "Interior Feature 6": "Disposal", "Interior Feature 7": "Microwave", "Interior Feature 8": "Range", "Interior Feature 9": "Refrigerator"
    Exterior features
    exterior_features, : ["Pool", "Cable Available", "Electricity Available", "Underground Utilities", "Water Available", "High Speed Internet Available", "Trash Collection"]

    Building Details

    Year built
    2006

    Source: Beach & Forest Realty Agent Beach & Forest Realty

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

    Overview

    Condo with Golf Course View

    This property features an enclosed Carolina Room with a view of Arrowhead Golf Course. The unit includes a new granite countertop installed in 2023. A new HVAC system was installed in 2020, and a new range, stove, microwave, and refrigerator were installed in 2021. The building is equipped with an elevator. It is located within a short walk to the Intracoastal Waterway (ICW) and a short drive to Myrtle Beach attractions. Short-term rentals are allowed at this location.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9556094
    Latitude
    33.6966625

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    FAQs

    What type of property is this?
    Short term rental property - Condo near ICW with short-term rental potential.
    Where is this short term rental property located?
    The property is located at 1525 Lanterns Rest Rd, Unit 203 Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $244,000.
    What are key features of this property?
    This property features: - Enjoy golf course views from your enclosed Carolina Room.; - Short-term rentals allowed.; - New granite countertop (2023).
    Request Owner's contact information
    1525 Lanterns Rest Rd, Unit 203 Myrtle Beach, SC 29579
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    Myrtle Beach, SC 29579
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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
    1525 Lanterns Rest Rd, Unit 203 Myrtle Beach, SC 29579
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