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Sold for $242,500
  • $242,500

    505 Tree Top Ln., Myrtle Beach, SC 29588

    --beds
    --baths
    1,500sqft
    Duplex, Multi Family, Multi Family
    Built in 1987
    -- sqft lot
    $248,900 Zestimate®
    $162/sqft
    $1,619 Estimated rent

    Home value

    $248,900

    $231,000 - $269,000

    $1,619/mo

    Zestimate® history
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    What's special

    INVESTOR ALERT! Rare chance to own a true duplex style property in Myrtle Beach. This property has been well maintained and can make a great rental property with the ability to rent both a top and bottom unit. The upstairs is a spacious 2 bed 2 bath unit with vaulted ceilings, upgraded LVP flooring, spacious living area and more. Kitchen has upgraded appliances with good counter and cabinet space. This property also has very ample storage for owners or tenants. There is also a nice office nook off of the Master Suite that is perfect for someone who works from home. The upstairs also has a nice wrap around porch perfect for relaxing and taking in the sun on a nice day. The bottom floor has a nice one bedroom unit perfect for a single person or couple. It has it's own private entrance, kitchen area, bedroom, closet, bathroom and more. There is also nice patio space outside the unit as well. There is also a shared laundry on site that the bottom unit has direct access to. The top unit can access it from a separate private entrance from the outside of the property. There is also a pool membership available if owners or tenants and guests want to use the amenities within the community. This is a very rare opportunity to add to your multi family portfolio, or a perfect start for someone looking to get into the rental business at a low entry point. This would also make a great primary residence for someone with the bottom unit being a nice mother in law suite. Don't wait around on this one, these do not come available often. Schedule a showing today!!!

    Zillow last checked: 8 hours ago

    Listing updated: June 04, 2025 at 09:47am

    Listed by:

    Jonathan Edmund MainLine:843-399-6133,

    Wave Beach Realty, LLC

    Bought with:

    Jonathan Edmund, 87349

    Wave Beach Realty, LLC

    Source: CCAR,MLS#: 2509158MLS LogoOriginating MLS: Coastal Carolinas Association of Realtors

    Facts & features

    Interior

    Heating
    • Central, Electric
    Cooling
    • Central Air
    Interior area
    • Total structure area: 1,700
    • Total interior livable area: 1,500 sqft

    Property

    Parking
    • Parking features: Two Spaces
    Features
    • Pool features: Association, Community
    Details
    • Additional parcels included: ,
    • Parcel number: 45604010073
    • Zoning: MF
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family, Multi Family
    • Attached to another structure: Yes
    Materials
    • Wood Frame
    • Foundation: Slab
    Condition
    • Resale
    • Year built: 1987

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

    Community & neighborhood

    Community
    • Community features: Laundry Facilities, Pool, Long Term Rental Allowed
    Location
    • Region: Myrtle Beach
    • Subdivision: Island Green

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $130 monthly
    • Amenities included: Laundry, Pool, Pet Restrictions

    Other

    Other facts
    • Listing terms: Cash

    Price history

    DateEventPrice
    6/4/2025Sold$242,500-3%$162/sqft
    Source: CCAR #2509158 Report a problem
    5/10/2025Contingent$249,900$167/sqft
    Source: CCAR #2509168 Report a problem
    4/28/2025Price change$249,900-2%$167/sqft
    Source: CCAR #2509168 Report a problem
    4/11/2025Listed for sale$254,900-1.2%$170/sqft
    Source: CCAR #2509158 Report a problem
    4/10/2025Listing removed--
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$849 +83%$200,000 +109.5%
    2023$464 -64.5%$95,450
    2022$1,308 $95,450

    Find assessor info on the county website

    Neighborhood: 29588

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Saint James Elementary School
    • Middle: Saint James Middle School
    • High: Saint James High School

    Source: CCAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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