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1007 Cherokee Street
Myrtle Beach, SC 29577
Osceola Multifamily Tract · Land For Sale
·
6.57 AC
INVESTMENT HIGHLIGHTS
- 6.57+/- acres zoned for Multifamily Development
- Minutes walk & drive to retail and restaurants
- Most densely approved multifamily offering in Myrtle Beach, SC MSA
- Convenient to employment centers in the City of Myrtle Beach
EXECUTIVE SUMMARY
The Osceola Multifamily Tract is a 6.57 acre tract approved for 168 multifamily rental units in the City of Myrtle Beach. At time of input, this has highest approved multifamily density per acre of any multifamily property in the Myrtle Beach, SC MSA. This 22-lot assemblage offers frontage on Mr. Joe White Avenue, Osceola Street, and Cherokee Streets. Retail and restaurants are located within a 3 minute drive at the Target/Lowe's anchored Seaboard Commons retail power center, and commercial centers of employment to include the City of Myrtle Beach, the Oak Street Financial District, Seaboard Industrial Park, and the 44th Avenue Business Park are located within a 5 minute drive of the property. Survey and PUD documents are available at request.
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 6.57 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | PUD - Zoned PUD by the City of Myrtle Beach | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 6.57 AC |
| Opportunity Zone |
Yes |
| Zoning | PUD - Zoned PUD by the City of Myrtle Beach |
1 LOT AVAILABLE
Lot 168
| Price | $4,975,000 | Lot Size | 6.57 AC |
| Price Per AC | $757,229.83 |
| Price | $4,975,000 |
| Price Per AC | $757,229.83 |
| Lot Size | 6.57 AC |
The Osceola Multifamily Tract is a 6.57 acre tract approved for 168 multifamily rental units in the City of Myrtle Beach.
DESCRIPTION
This 22-lot assemblage is approved per the Osceola Street PUD for 168 multifamily units.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $121,393 | Total Assessment | $121,393 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$121,393
Improvements Assessment
$0
Total Assessment
$121,393
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