300 21st Ave. S, North Myrtle Beach, SC 29582
300 21st Ave. S, North Myrtle Beach, SC 29582
300 21st Ave. S, North Myrtle Beach, SC 29582
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Listed by Dominic Siciliano • Keller Williams The Forturro Group
$875,000
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4,560 SqFt
Active

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

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 4,560 sqft

Price per Sqft $191

Municipality Not within a Subdivision

Subdivision Not Within A Subdivision

MLS Listing ID 2615227

Construction Status Resale

HOA Y/N No

Year Built 1950

Property Sub-Type Apartment

Source CCAR

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 you're 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 Strand's most desirable coastal markets.

Location

State SC

County Horry

Community Not Within A Subdivision

Area 11C North Myrtle Beach Area--Crescent Beach

Building/Complex Name Perrin & Holly A,B,C

Zoning R4

Rooms

Basement Crawl Space

Interior

Heating Electric

Cooling Wall/ Window Unit(s)

Fireplace No

Exterior

Parking Features Carport

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Building

Lot Description City Lot, Irregular Lot

Foundation Crawlspace

Water Public

Construction Status Resale

Schools

Elementary Schools Ocean Drive Elementary

Middle Schools Myrtle Beach Middle School

High Schools Myrtle Beach High School

Others

Senior Community No

Tax ID 35715040054

Acceptable Financing Cash, Conventional, Portfolio Loan

Listing Terms Cash, Conventional, Portfolio Loan

Special Listing Condition None


Coastal Carolinas Multiple Listing Service, Inc (CCMLS)
John Rackley
John Rackley

Broker Associate, REALTOR ® | License ID: 98521

+1(803) 553-8233 | jrrealmarketing@gmail.com

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300 21st Ave. S