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Myrtle Beach, SC 29577
- MU-HZoning
- CommercialType
- N/A# Lots
- N/AWater
- HorryCounty
- 0.60Acres
- MLS# 2103044
- Land
- Commercial
- Sold
- Approx Time on Market3 years, 5 months, 29 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- SubdivisionHotel Section
Overview
Three contiguous Oceanfront Lots at 2nd Avenue North in this offering. There are several 2nd and 3rd row opportunities for parking. NEIGHBORHOOD: This assemblage is located at 2nd Avenue North, and is contiguous to the 2nd Avenue Public Pier. The Property lies within the DRC Overlay Zone, and also an Opportunity Zone. The property fronts onto the Boardwalk and marks the Boardwalk's southern terminus. REAL ESTATE: This assemblage is comprised of Three (03) oceanfront lots with a total land mass of approximately 26,450 SF. The Property abuts the 2nd Avenue Pier PUD, that coupled with the DRC incentives allows additional flexibility in setbacks, height, and buffers. DOWNTOWN REDEVELOPMENT COMMISSION (DRC): The DRCs mission is to initiate and facilitate the revitalization of downtown Myrtle Beach. The downtown core area is defined as the area from 6th Avenue South to 16th Avenue North, and from the Atlantic Ocean to Oak Street and Broadway. The revitalization process will be accomplished with the establishment of strategic aesthetic, functional and business development goals; the addition and enhancement of public infrastructure; the creation of economic and other incentive programs; and through partnerships with the private investment and development sectors. OPPORTUNITY ZONE: Taxpayers who invest in qualified Opportunity Zones are eligible to benefit from Capital Gains Tax Incentives. Opportunity Zones provide a Tax Incentive for investors to re-invest unrealized capital gains.
Sale Info
Listing Date: 08-15-2019
Sold Date: 02-14-2023
Aprox Days on Market:
3 Year(s), 5 month(s), 29 day(s)
Listing Sold:
1 Year(s), 2 month(s), 10 day(s) ago
Asking Price: $3,250,000
Selling Price: $2,500,000
Price Difference:
Reduced By $750,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa Frequency: NotApplicable
Hoa: No
Bathroom Info
Building Info
New Construction: No
Mobile Home Remains: ,No,
Zoning: MU-H
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.60
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Other School Info
Property Info
County: Horry
View: No
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Sub Type Additional: Commercial,UnimprovedLand
Property Attached: No
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2023-02-14T00:00:00
Tax Info
Utilities / Hvac
Electric On Property: No
Cooling: No
Heating: No
Waterfront / Water
Waterfront: No
Courtesy of Keystone Realty Mb, Llc
MLS# 2002852 
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