Property Description
MOTIVATED SELLER! Coral Palms is a rare investment opportunity on South Ocean Boulevard in the desirable Crescent Beach section of North Myrtle Beach. This charming and updated two-story home features a total of 6 bedrooms and 4 bathrooms, situated directly across the street from the ocean with stunning views. What makes this property truly unique is its proven income potential—while the seller resides in the first-floor unit, the second floor is actively and successfully rented on Airbnb and VRBO. The seller holds Superhost status on Airbnb with over 130 5-star reviews and is a Premier Host on VRBO with a premium listing, making this an ideal setup for any buyer looking to generate income while living at the beach. The first-floor unit has been beautifully upgraded, offering 2 bedrooms and 2 bathrooms, a newly installed sunroom with a view of the pool, waterproof LVP flooring throughout, plantation shutters, new ceiling fans, and an upgraded master bathroom with a walk-in shower. The show-stopping kitchen includes a custom island with stunning granite, a double drainboard sink, new stainless-steel appliances, a Magic Chef beverage refrigerator that holds 48 bottles or cans, and custom cabinetry. There’s also a bonus room currently being used as an office. The second-floor unit carries a charming coastal theme and is being sold furnished with only a few exceptions. It includes 4 bedrooms, 2 bathrooms, an efficiency kitchen, laminate flooring, plantation shutters, and comes stocked with all linens, towels, and pool towels. Both levels feature large front and back porches, and the second-floor porch furniture conveys. The backyard is fully fenced and features a large 16×32 in-ground pool and a Hot Springs spa that accommodates 8 people. The pool area is perfect for relaxing or entertaining and has been finished with Kool Deck, a high-quality surface that reduces heat. All pool furniture is included. There are three storage sheds, with the largest offering a full workshop and electricity, and there’s a natural gas line connected to the outdoor grill. Additional recent upgrades include three new HVAC units installed in 2023, a new roof in 2018, and fresh vinyl siding added in 2023. Coral Palms is just a short walk to convenience stores, restaurants, and the Pavilion Amusement Park, and only minutes away from Main Street, Barefoot Landing, Tanger Outlets, and top-rated golf courses. Whether you’re looking for a primary residence with rental income, a full investment property, or a vacation home that pays for itself, Coral Palms offers incredible flexibility and value in a prime location.
