$249,900

505 Tree Top Ln Myrtle Beach, SC 29588

$2,968
Closing credit¹
1,500 sqft
$167 / sqft
Multi-Family

Property details

About 505 Tree Top Ln

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!!!

Highlights

Home typeDuplex
HeatingCentral, Electric
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size1,500 sqft
Year built1987
ParkingTwo Spaces
MLS #2509158

Summary

  • Parking: Two Spaces
  • Heating: Central, Electric
  • Cooling: Central Air
  • List Price: $249,900
  • Price/SqFt: $166
  • HOA Amount: $130 Monthly
  • Annual Tax Amount: $464
  • Tax Year: 2023
  • Year Built: 1987
  • Living Area: 1,500 SqFt
  • MLS Number: 2509158
  • MLS Name: CCAR
  • Office Name: Wave Beach Realty, LLC
  • Office Phone: (843) 399-6133

IDX Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2025, 10:20:25 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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505 Tree Top Ln, Myrtle Beach, SC 29588

$249,900

505 Tree Top Ln

$2,968

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 06, 2023
Home Sold
$200,000
Jun 18, 2015
Home Sold
$80,000

Tax history

YearAssessmentProperty Tax
2023$11,550$464

History based on county public records data.

Nearby schools

8

St. James Elementary School

Public District PK-4

1.7 mi

9711 Saint James Rd

8

Burgess Elementary School

Public District PK-4

2.2 mi

9645 Scipio Ln

6

St. James Intermediate School

Public District 5-6

2.3 mi

9641 Scipio Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,086. Most Myrtle Beach, SC residents have annual incomes between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

39%
<35k
49%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
5%
Single, with Kids
41%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
14%
18-34 yrs old
43%
35-64 yrs old
32%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Stein MartStein Mart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • BuickBuick
  • LincolnLincoln
  • RamRam

What do the neighbors listen to?

  • OldiesOldies
  • News/Talk/InformationNews/Talk/Information
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 505 Tree Top Ln in Myrtle Beach, SC and zip code 29588 in the Island Green neighborhood. This 1,500 square foot home was built in 1987. Features: 0 bathroom. It has been listed on Rocket Homes since April 15, 2025 and is currently priced at $249,900.

Over 17 listings were sold over their listed price in April 2025 in Myrtle Beach, SC. In the same period over 294 listings were sold below the listed price and 64 listings were sold for the listed price. The inventory of homes for sale in Myrtle Beach, SC between March and April 2025 increased by 5%. While the average time on the market in April 2025 was 114 days, the median list price was $325,245.

From Rocket Homes Real Estate and based on county public records data.

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