300 21st Ave. S | North Myrtle Beach | $875,000

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

4,560 SQ. FT.

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

For SALE ACTIVE

$875,000

EST. 2,202.58/MO CALCULATE

4,560 SQ. FT.

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.

Property Details

MLS ID2615227
Property TypeMulti Unit - Multiple
BasementCrawl Space
Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed
CoolingWall/Window Unit(s)
Days on Site3
ExteriorWood Frame
HeatingElectric
HOA Fee0/ Monthly
Lot DescriptionCity Lot, Irregular Lot
Lot Dimensions57'x73'x63'x50'x123'x123'
Lot Size57'x73'x63'x50'x123'x123'
Parcel#35715040054
ParkingCarport
Parking NotesCarport
Units8
UtilitiesCable Available, Electricity Available, Sewer Available, Water Available
WaterPublic
Year Built1950

Listed By / Shown By

Listed By

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

CCAR MLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

CCAR MLS

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