300 21st Ave. S

North Myrtle Beach, SC 29582

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.

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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$875,000 Active
4,560 sqft

Presented By Michelle Rabon

Agent Image
Get in touch today! Phone: 1-843-222-9580
Brokerage
Keller Williams The Forturro Group
1-843-443-9400
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

11C North Myrtle Beach Area Crescent Beach | Horry County | Not within a Subdivision

$ 875,000
This listing is play_arrow 133.3% higher than the average in the area
$ 375,000 in the area
4,560 SqFt
This listing is play_arrow 288.7% larger than the average in the area
1,173 SqFt in the area
$ 192 $/SqFt
This listing is play_arrow 40.0% less than the average in the area
$ 320 $/SqFt in the area
152 days on site
This listing is play_arrow 117.1% above the average in the area
70 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School
Listed By Dominic Siciliano
Brokerage: Keller Williams The Forturro Group

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Michelle Rabon

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Sea Coast Advantage at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.