Backup offers
$10,000 Closing Credit¹
#2409900, Listing Office: Sand Dunes Realty
$10,000
closing credit¹
6501 Somerset Dr Myrtle Beach, SC 29572
$1,190,000 List price
$10,000
Closing credit¹
4,960 sqft
$240 / sqft
Condo
Property details
About 6501 Somerset Dr
Attention Investors! Incredible Opportunity Awaits! Don’t miss out on this fantastic chance to own a brick eight-unit building just blocks from the stunning shores of Myrtle Beach, SC! Situated on a spacious corner lot measuring 125 by 117, this property is a true gem in a prime location. Five out of the eight units underwent a complete renovation in 2021, ensuring modern amenities and stylish finishes. The exterior was also beautifully updated in 2021, enhancing the overall appeal of this investment. Each unit boasts a full kitchen with an island, an extra-large bedroom with ample closet space, and a full bath, making them highly attractive to potential tenants. With 100% occupancy, you can start generating income immediately! Additional perks include individual storage units for each tenant in the back, and the fantastic location surrounded by shopping, fine dining, parks, and just a short walk to the beach. Tenants are responsible for their electric, cable, internet, and phone, while the owner covers water and sewer. Plus, there’s NO HOA to worry about! This is an exceptional investment opportunity that won’t last long! Contact the listing agent today for financial details and to schedule a viewing. Note: The unit pictured is the one that has not yet been renovated. Seize this chance to invest in a thriving area with endless potential!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air
Size4,960 sqft
Year built1971
ParkingOther
MLS #2428048
Summary
- MLS Number: 2428048
- MLS Name: CCAR
- Office Name: Keller Williams The Forturro G
- Office Phone: (843) 612-1473
- Office Email: info@forturro.com
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: 2/10/2025, 9:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,190,000
6501 Somerset Dr
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 28, 2022 | Home Sold | $900,000 |
| Jun 21, 2021 | Home Sold | $575,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $13,533 | $- |
| 2021 | $13,533 | $3,520 |
| 2019 | $225,550 | $3,486 |
| 2018 | $324,960 | $5,187 |
| 2017 | $324,960 | $5,128 |
History based on county public records data.
Nearby schools
3
Myrtle Beach Elementary School
Public District 3-5
2.5 mi
•690 33rd Ave N
9
Ocean Bay Elementary School
Public District PK-5
2.7 mi
•950 International Dr
7
River Oaks Elementary School
Public District PK-5
3.8 mi
•700 Augusta Plantation Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,435. Residents of Myrtle Beach, SC typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
46%
<35k
43%
35k-100k
10%
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?
65%
Single, No Kids
10%
Single, with Kids
16%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
28%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Extreme Sports
Where do the neighbors shop?
Burlington
Forever 21
Sam's Club
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
White Castle
What do the neighbors drive?
Dodge
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Myrtle Beach, SC
About 6501 Somerset Dr
This home is located at 6501 Somerset Dr in Myrtle Beach, SC and zip code 29572. This 4,960 square foot home was built in 1971. Features: 0 bathroom. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $1,190,000.
While more than 17 listings in Myrtle Beach, SC in January 2025 were sold above asking price, there were more than 50 listings sold at asking price, and more than 211 were sold below. In January 2025 in Myrtle Beach, SC there were 5.7% more homes for sale than in December. The median list price of listings available in January 2025 was $325,031, while the average time on the real estate market was 128 days.
From Rocket Homes Real Estate and based on county public records data.