300 21st Ave. S , North Myrtle Beach, SC 29582

$875,000
  • 300 21st Ave. S , North Myrtle Beach, SC 29582 Main Photo

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Active
BEDS0 BATHS SQUARE FEET4,560 MLS#2615227
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNot within a Subdivision

Property Description

Investor Alert Exceptional Multifamily Opportunity in Crescent Beach! Located just one block from the ocean in the highly sought-after Crescent Beach section of North Myrtle Beach, this rare investment opportunity features three income-producing buildings situated on a single parcel. The property consists of two duplexes and one four-unit building, totaling eight rental units comprised of five 2-bedroom, 1-bath units and three 1-bedroom, 1-bath units. Several long-term tenants are already in place, providing immediate income, while substantial upside remains through rent increases, property improvements, or potential conversion to short-term rentals where permitted. With its prime location and flexible investment potential, this property presents an excellent opportunity for investors seeking both current cash flow and future appreciation. Positioned within walking distance of the beach, restaurants, shopping, and entertainment, the property is ideally suited for a variety of investment strategies, including long-term rentals, vacation rentals, or a value-add repositioning project. Opportunities to acquire multiple buildings on one parcel this close to the ocean are increasingly difficult to find. Whether youre looking to expand your portfolio or capitalize on a redevelopment and income-growth opportunity, this Crescent Beach property offers tremendous potential in one of the Grand Strands most desirable coastal markets.

300 21st Ave. S | MLS# 2615227

This multi-family property located at 300 21st Ave. S , North Myrtle Beach, SC 29582 is currently listed for sale with an asking price of $875,000. Search North Myrtle Beach real estate on www.century21thomas.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Crawl Space
Cooling: Wall/Window Unit(s)
Heating: Electric
Lot Size: 57'x73'x63'x50'x123'x123'
Year Built: 1950

Feature Descriptions

Community Features: Long Term Rental Allowed, Short Term Rental Allowed
Days on Site: 32
Exterior: Wood Frame
HOA Fee: 0/ Monthly
Lot: City Lot, Irregular Lot
Lot Dimensions: 57'x73'x63'x50'x123'x123'
Parcel#: 35715040054
Parking: Carport
Parking Notes: Carport
Units: 8
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water: Public

Local Schools

High School: Myrtle Beach High School
Middle School: Myrtle Beach Middle School
Elementary School: Ocean Drive Elementary

Listed By / Shown By

Listed By

Agency Name: Keller Williams The Forturro Group
Agency Phone: 843-443-9400

Shown By

Agency Title: CENTURY 21 Thomas
Agency Phone: 888-249-2100

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Estimated Payment

$ 2,202.58 per month $1,947.37 Principal & Interest $0.00 Property Tax (data not provided by mls) $255.21 Homeowner's Insurance

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