Ocean View Condo in Myrtle
9580 Shore Dr. #311 Myrtle Beach, SC 29572
9580 Shore Dr. #311, Myrtle Beach, SC, 29572
$316,000
For Sale
$316,000
Serene 3-bedroom condo with ocean views and community amenities.
Property Size1,248 SF
Price / SF$253.21
Days on Market338
Property Features for 9580 Shore Dr. #311
General Information
- Standard status
- Active
- Size
- 1,248 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1982
Listing Agency
Realty Hub
(843) 655-4219
Listed by
Jamie Ruocco-Daurity · License #116650
(843) 655-4219
Source
Kw
Added: Aug 14, 2025 Checked: May 19 at 9:25 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Hub
Investment Insights
Based on property information with market context.
This end-unit condo, located in the Pelicans Landing community, features three bedrooms and two and a half bathrooms. Situated on the third floor and accessible by two elevators, the property offers laminated wood and tile flooring, stylish furnishings, and a window seat in the dining area with a coffee bar/wet bar. The living and dining areas combine to create a spacious area with sliding glass door access to one of two balconies. The kitchen includes white appliances, granite countertops, ample cabinet space, and a breakfast bar. The primary bedroom features a private balcony with ocean views. The condo also includes two additional bedrooms, one with an ensuite full bath, a guest powder room, and a laundry room with a washer and dryer. Pelicans Landing community amenities include an oceanfront pool with a sunning deck, an additional pool across the street, and grilling/picnic areas. The property is conveniently located near grocery stores, banks, post offices, and medical centers.
Key Highlights
- Ocean view condo with private balcony access from the primary bedroom.
- End unit with TWO SPACIOUS BALCONIES.
- Pelicans Landing community amenities include OCEANFRONT POOL and additional pool.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.9k | $17.52 |
| − Vacancy | −$918 | −$0.74 |
| EGI | $20.9k | $16.78 |
| − OpEx | −$9.4k | −$7.55 |
| NOI | $11.5k | $9.23 |
1,248 SF · lease $17.52/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$164.6K
$144.0K – $192.0K
NOI $11,521 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$316.3K
$276.8K – $369.0K
NOI $22,141 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Serene 3-bedroom condo with ocean views and community amenities.
Where is this apartment building located?
The property is located at 9580 Shore Dr. #311 Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $316,000.
What are key features of this property?
This property features: Ocean view condo with private balcony access from the primary bedroom.; End unit with TWO SPACIOUS BALCONIES.; Pelicans Landing community amenities include OCEANFRONT POOL and additional pool.
