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    Property profile & analytics

    1513 Madison Dr North Myrtle Beach, SC 29582-3945

    • Garden apartment buildings
    • 3,024 SF
    • 0.41 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US77-1627494
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 1513 Madison Dr

    Year built
    1972
    Construction
    CONCRETE
    Lot size
    0.41 lot acres
    Property size
    3,024 SF
    Zone code
    NC
    Property type
    Garden apartment buildings
    APN
    357-11-04-0193
    APU
    35711040193

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $370,000

    • CAP approach

      CAP return
      Estimation
      6%
      $395,000
      6.5%
      $335,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $395,000
      Geo Method
      $410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $425,000
      Retail
      $400,000
      Mixed-Use
      $310,000
      Hospitality
      $415,000
      Educational
      $305,000
      Residential Income
      $315,000
      Energy
      $425,000
      Income-Based Land
      $380,000
      Food Service
      $400,000

    Location Insight

    • Map
    • Local Demand
    City
    North Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.6996
    Latitude
    33.813
    CBSA code
    34820
    CBSA name
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,797
    $14,904
    $10,371
    $25,275
    -
    $252,000
    $249,300
    $501,300

    Comparable in this City

    • Value Estimation by Request
      3,234 SF

      1511 Madison Dr

      GARDEN APT, COURT APT (5+ UNITS) • 3,234 SF
      1511 Madison Dr, North Myrtle Beach, SC 29582-3979
      View Details
    • Value Estimation
      $570,000
      2,560 SF

      233 Main St

      GARDEN APT, COURT APT (5+ UNITS) • 2,560 SF
      233 Main St, North Myrtle Beach, SC 29582-3020
      View Details
    • Value Estimation
      $1,905,000
      2,024 SF

      2703 Ocean Blvd

      GARDEN APT, COURT APT (5+ UNITS) • 2,024 SF
      2703 Ocean Blvd, North Myrtle Beach, SC 29582
      View Details
    • Value Estimation
      $760,000
      2,592 SF

      401 17th S Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,592 SF
      401 17th S Ave, North Myrtle Beach, SC 29582-4077
      View Details
    • Value Estimation
      $470,000
      5,814 SF

      211 1st S Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,814 SF
      211 1st S Ave, North Myrtle Beach, SC 29582-3121
      View Details
    • Value Estimation
      $555,000
      5,628 SF

      213 1st S Ave

      GARDEN APT, COURT APT (5+ UNITS) • 5,628 SF
      213 1st S Ave, North Myrtle Beach, SC 29582
      View Details

    Similar Nearby for Sale

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      Furnished Condo with Lake Views

      Immaculate, furnished condo in Shorehaven community with lake views.
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      Furnished 3-bedroom condo with ocean views and resort-style amenities.
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      Top-floor, 2-bedroom condo near the beach with short-term rental potential.
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    Similar Nearby for Lease

    • $2,200 /Mo
      2,000 SF

      Oceanfront Condo with Resort Amenities

      Furnished 4BR condo with ocean views, pool, and gym.
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    • $6 SF/Yr
      5,256 SF

      1000 2Nd Ave

      Office space
      1000 2Nd Ave, North Myrtle Beach, SC 29582
      View Details
    • $48,000
      30,492 SF

      Prime Myrtle Beach Commercial Land

      Acre+ Corner Lot, Hwy Zoning
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    • $142,233
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      North Myrtle Beach Retail Space

      High-end retail space in a desirable shopping center.
      900 S Highway 17 S, North Myrtle Beach, SC 29582
      View Details
    • Contact for pricing
      36,000 SF

      Second Avenue Executive Suites

      Class A Office Space, North Myrtle Beach
      1016 2Nd Ave, North Myrtle Beach, SC 29582
      View Details
    • $18 SF/Yr
      2,400 SF

      Retail Space on Highway 17

      Retail space available for lease on Highway 17.
      3600 Highway 17 S, North Myrtle Beach, SC 29582
      View Details
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    North Myrtle Beach, SC 29582-3945
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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
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