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    4097 Mica Ave Little River, SC 29566

    Sponsored
    For Sale
    $395,000

    Beachfront Investment Opportunity, 8 Beds, 6 Baths

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property in Little River, South Carolina, presents a compelling investment opportunity. Located on a 0.32-acre lot at 4097 Mica Ave, this duplex boasts eight bedrooms and six bathrooms, offering significant rental income potential. The property is conveniently situated just ten minutes from the beach and close to numerous shops and restaurants. One unit features a long-term tenant, ensuring immediate cash flow, while the other unit has undergone extensive renovations in 2024. These renovations include new LVP flooring, granite countertops, repainted cabinets, new appliances (refrigerator, stove/oven, vent, dishwasher, and sink), a new half-bath vanity, new blinds and interior doors, fresh paint throughout, and new A/C units. The master bedrooms are conveniently located on the first floor and include walk-in closets. The remodeled unit (102) is ready for immediate occupancy, while unit (101) can be viewed upon contract. This property offers the flexibility to live in one unit and rent the other ("house hacking") or fully capitalize on the rental income from both units. There are no HOA fees, further enhancing the investment appeal. This is a turnkey investment property poised for strong returns. The asking price is $395,000.

    Property Features for 4097 Mica Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    13,939 SF

    HighLights

    • Asking Price: $395,000
    • Property Type: Mixed‑use duplex with eight bedrooms and six bathrooms
    • Location: 4097 Mica Ave, Little River, SC 29566 (0.32 acres), close to the beach, shops, and restaurants
    • Recent Renovations (Unit 102): New LVP flooring, granite countertops, repainted cabinets, new refrigerator, stove/oven, vent hood, kitchen sink and faucet, dishwasher, ½ bath vanity, blinds, interior doors, interior paint, and A/C units.
    • Occupancy: One unit has a long‑term tenant; the other is ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Little River
    County
    45051
    State
    South Carolina
    Longitude
    -78.6290632
    Latitude
    33.8768871

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    FAQs

    What type of property is this?
    Mixed-use property - Beachfront Investment Opportunity, 8 Beds, 6 Baths
    Where is this mixed-use property located?
    The property is located at 4097 Mica Ave Little River, SC.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Asking Price: $395,000; Property Type: Mixed-use duplex with eight bedrooms and six bathrooms; Location: 4097 Mica Ave, Little River, SC 29566 (0.32 acres), close to the beach, shops, and restaurants
    Request Owner's contact information
    4097 Mica Ave Little River, SC 29566
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    Little River, SC 29566
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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
    4097 Mica Ave Little River, SC 29566
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