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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Garden apartment buildings
820 17th N Ave Surfside Beach, SC 29575-4364
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US77-1713519
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1967
Construction
METAL FRAME
Total area
4,258 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C1
APN
459-11-04-0060
UPID
US77-1713519
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
$735k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$367k
Blend (final)
Blend
$550k
Owner & transaction history
Welcome Homes Of The Coast LLC · 3 yrs held
Welcome Homes Of The Coast LLC
since 2022
Last sale
$470,000
1 recorded transaction
Zoning & alternative use
C1 · Surfside Beach, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The listed uses are permitted in the C1 highway commercial district provided that no part of the principal building is located closer than one hundred fifty (150) feet to any residential district, that no noise or air pollution be associated with the use, and that facilities do not create any safety hazards or nuisances as a result of their operation. (Ord.…
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
283.09 ac
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 Surfside Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Surfside 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
$665,000
ML approach
$735,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $470k (Aug 22 2022)
Last sale anchor
$470k
Aug 22 2022
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
$129 / 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
Tax billed
$6,580
Tax year 2023
Assessed value
$11,109
Assessed 2023
Previous assessed
$11,109
+0.0% YoY
Effective rate
59.23%
On assessed value
Assessed land
$6,120
Assessed improvement
$4,989
Land market value
$224,700
Improvement market value
$148,900
Total market value
$373,600
Applied tax rate
660.0000
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
1967
Construction
METAL FRAME
Heating
HEAT PUMP
Total area
4,258 SF
Lot
0.39 ac (16,988 SF)
Zoning code
C1
APN
459-11-04-0060
UPID
US77-1713519
Jurisdiction
HORRY
Zoning & alternative use
C1 · Surfside Beach, SCZoning C1 · permitted uses
C1 · Surfside Beach, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The listed uses are permitted in the C1 highway commercial district provided that no part of the principal building is located closer than one hundred fifty (150) feet to any residential district, that no noise or air pollution be associated with the use, and that facilities do not create any safety hazards or nuisances as a result of their operation. (Ord. No. 20-0913, 2-23-21)
Zone name
Highway Commercial
General category
COMMERCIAL
Zone area
283.09 ac
Building & site characteristics
From public records
Year built
1967
Construction
METAL FRAME
Heating
HEAT PUMP
Lot
0.39 ac
Current owner
From public records · entity-resolved
Welcome Homes Of The Coast LLC
Entity
Mailing address
1336 RUE DE JEAN AVE, MYRTLE BEACH, SC 29579-8514
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2022
$470,000
Welcome Homes Of The Coast LLC
Eugene Navey Allen
Warranty Deed
$460,000 · Navey Allen Eugene
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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