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300 21st Ave. S, North Myrtle Beach
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Home type
Apartment
Beds
Not reported
Baths
Not reported
Sq ft
4,560
Year built
1950
Garage
Not reported
HOA
$0

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Nearest active homes by reported MLS coordinates · within about 4 mi

About this home

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.

Key highlights

  • Investor Alert – Exceptional Multifamily Opportunity in Crescent Beach!
  • 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.

Listed by The Forturro Group

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More property details

Interior

Units
8

Exterior & construction

Zoning
R4

Exterior Finish

  • Wood Frame

Foundation

  • Crawl

Lot Description

  • Irregular

Utilities

Heating and Cooling

  • Window/Wall Unit
  • Electric

Utilities Available

  • Electricity
  • Water Public
  • Cable TV

HOA & community

Amenities Available

  • Short Term Rental Allowed
  • Long Term Rental Allowed

Schools

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

Price history

Current asking price
$875,000
Listed
Jun 15, 2026
Last price change
Jun 14, 2026

Location and local market

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North Myrtle Beach areaExplore North Myrtle Beach

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Estimated monthly payment

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Down payment
20% · $175,000

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Estimated total monthly

$5,044/mo

$4,424 principal & interest · $620 taxes & insurance

20% · $175,000

Loan amount $700,000. Estimate only — taxes, insurance, and HOA are approximate. Not a lending quote.

Listing information

Listed with Keller Williams The Forturro Group. MLS #2615227. Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.