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

$875,000

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4,560

Square feet

About 300 21st Ave. S

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.

Features of 300 21st Ave. S

MLS® # 2615227
Price $875,000
Bathrooms 0.00
Square Footage 4,560
Year Built 1950
Type Residential
Sub-Type Apartment
Status Active

Community Information

Address 300 21st Ave. S
Area 11C North Myrtle Beach Area--Crescent Beach
Subdivision Not within a Subdivision
City North Myrtle Beach
County Horry
State SC
Zip Code 29582

Amenities

Utilities Cable Available, Electricity Available, Sewer Available, Water Available
Parking Carport
Is Waterfront No
Has Pool No

Interior

Heating Electric
Cooling Wall/Window Unit(s)
Fireplace No
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Wood Frame
Lot Description City Lot, Irregular Lot
Foundation Crawlspace

School Information

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

Additional Information

Zoning R4
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Monthly

Listing Details

OfficeKeller Williams The Forturro Group

Listing Map

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