$3,250,000

North Ocean Blvd.

Myrtle Beach SC, 29577

Description

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.

Details

MLS#2103044
Listing TypeFor Sale
StyleIQWeb_Land -Industrial
Sub-TypeResale
Status1_0
Year0
Days On Site23

Features

Story(s)1

Market Activity 29577

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Area Information
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16G Myrtle Beach Area--Southern
Listing VS Median (in 29577)
Price:
$3,250,000
low | high
Med:
$184,900
100% of Average
On Site:
23
low | high
Med:
37
62.162162162162% of Average
Sourced by Back At You
Listing Updated: March 4, 2021 8:43:59 PM PST
Rusty Helm LogoMLS Number: 2103044
Listing Provided By:
Rusty Helm  of  Keystone Realty MB LLC
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