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Property profile & analytics
OFF-MARKET
Estimated value
$1,175,000
Garden apartment buildings
612 31st S Ave Atlantic Beach, SC 29582-4713
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US77-1571003
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1984
Construction
CONCRETE
Total area
7,444 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C1
APN
358-13-03-0069
UPID
US77-1571003
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$1.18M
Owner & transaction history
Beach Pearl LLC · 2 yrs held
Beach Pearl LLC
since 2024
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C1 · Atlantic Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Atlantic Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atlantic Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,175,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
$1,145,000
6.5%
$1,055,000
7%
$980,000
Blend value · Realmo final
$1.18M
Range $1.06M – $1.29M · ±10% · vs last sale $1.18M (Apr 11 2024)
Last sale anchor
$1.18M
Apr 11 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$158 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$20,397
Assessed 2023
Previous assessed
$20,397
+0.0% YoY
Assessed land
$3,623
Assessed improvement
$16,774
Land market value
$82,500
Improvement market value
$405,500
Total market value
$488,000
Applied tax rate
590.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1984
Construction
CONCRETE
Heating
HOT WATER
Cooling
YES
Total area
7,444 SF
Lot
0.17 ac (7,405 SF)
Zoning code
C1
APN
358-13-03-0069
UPID
US77-1571003
Jurisdiction
HORRY
Zoning & alternative use
C1 · Atlantic Beach, SC
Zoning C1 · permitted uses
C1 · Atlantic Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atlantic Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
HOT WATER
Cooling
Yes
Lot
0.17 ac
Current owner
From public records · entity-resolved
Beach Pearl LLC
Entity
Mailing address
612 31ST AVE S, ATLANTIC BEACH, SC 29582-4713
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
$1,175,000
Beach Pearl LLC
Copeny Enterprises Incorporated INC
Warranty Deed
$882,000 · Harvest Small Business Finance
Aug 25, 2022
$870,000
Copeny Enterprises Incorporated INC
612 31st Avenue LLC
Warranty Deed
$875,000 · Loger
Dec 6, 2021
—
612 31st Avenue LLC
—
Deed
related
$326,400 · Synovus Bank
Sep 16, 2013
—
Abiding Branch Of Sc INC
Abiding Branch INC
Quit Claim Deed
related
—
Jun 28, 2013
—
Abiding Branch Of Sc INC
Abiding Branch INC
Quit Claim Deed
related
—
Jun 28, 2013
$285,000
612 31st Avenue LLC
Abiding Branch Of Sc INC
Grant Deed
—
Jul 30, 2002
$175,000
Abiding Branch INC
—
Grant Deed
related
—
—
—
612 31st Avenue LLC
—
Deed Of Trust
related
$221,250 · Nbsc
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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