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    5001 Little River Rd, Unit E-312 Myrtle Beach, SC 29577

    For Sale
    $39,650

    Well-maintained 55+ retirement community with all-inclusive amenities.

    Property Features for 5001 Little River Rd

    General Information

    Interior features
    1, : "Security System", "2": "Cable Ready", "3": "Central Air", "4": "Central", "5": "Electric", "6": "Dishwasher", "7": "Disposal", "8": "Refrigerator", "9": "Range Hood"
    Exterior features
    1, : "Deck", "2": "Pool", "3": "Cable Available", "4": "Electricity Available", "5": "Phone Available", "6": "Sewer Available", "7": "Water Available"

    Building Details

    Year built
    1985

    Source: Beach & Forest Realty Agent Beach & Forest Realty

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

    Overview

    Premier 55+ Retirement Community

    Covenant Towers is a 55+ retirement community situated on 9 acres of landscaped grounds, near established neighborhoods and the Pine Lakes Country Club golf course. The community offers amenities such as a swimming pool, beauty salon, fitness center, library, coffee shop, billiards room, bingo room, computer room, theatre, and lounge area. The monthly fee covers all utilities, including cable and internet, a daily meal, housekeeping, linen laundry, daily activities, 24-hour security, and a personal storage locker. The available unit features carpeting, a walk-in closet, an additional 8-foot hall closet, and a kitchen with white cabinetry and backsplash. The HVAC system is 4 years old, offering energy efficiency. The property is intended for retirement and senior housing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Covenant Towers Retirement Home

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    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
    -78.8514576
    Latitude
    33.7289852

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    FAQs

    What type of property is this?
    Retirement home - Well-maintained 55+ retirement community with all-inclusive amenities.
    Where is this retirement home located?
    The property is located at 5001 Little River Rd, Unit E-312 Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $39,650.
    What are key features of this property?
    This property features: - Premier 55+ retirement community with all-inclusive monthly fee covering utilities, daily meal, housekeeping, laundry, activities, and 24-hour security.; - Enjoy a wide array of amenities including a swimming pool, fitness center, library, coffee shop, and theatre.; - Ideally situated on 9 landscaped acres adjacent to Pine Lakes Country Club golf course.
    Request Owner's contact information
    5001 Little River Rd, Unit E-312 Myrtle Beach, SC 29577
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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
    5001 Little River Rd, Unit E-312 Myrtle Beach, SC 29577
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