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300 21st Ave. S, North Myrtle Beach

300 21st Ave. S

North Myrtle Beach, 29582

$875,000

Apartment · 8 units 4,560 sqft

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About this property

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.

Property details

Status
Active
Property type
Apartment
Units
8
Bedrooms
Per unit — see description
Bathrooms
Per unit — see description
Living area
4,560 sqft
Year built
1950
Subdivision
None
County
Horry
Days on market
1
HOA
None
MLS #
2615227

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Parcel / PIN35715040054

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