New Myrtle Beach
2601 Sand Dunes Dr. Myrtle Beach, SC 29577
For Sale
$799,000
MULTI_FAMILY - Myrtle Beach, SC
Property Size2,648 SF
Price / SF$301.74
Days on Market181
Property Features for 2601 Sand Dunes Dr.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Garage
- Standard status
- Active
- Size
- 2,648 SF
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 2022
- Number of units
- 2
Listing Agency:
Own Myrtle Real Estate
(516) 233-0601
Listed By:
Ester Esti Simantov
(843) 457-9780
Added: Jan 24
Changed: May 21
Last Checked: Jul 24 at 1:06PM
MLS# 2602250
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property, constructed in 2022, presents an investment opportunity on the ocean side of Hwy 17 South, situated a few hundred feet from the beach in Myrtle Beach, SC. The duplex includes two units, each featuring 3 bedrooms and 2.5 baths. Interior features consist of custom cabinetry, granite countertops, and stainless steel appliances. The property has separate water and electric meters. The property size is 2,648 square feet. There is currently a tenant in place.
Key Highlights
- Newly built duplex (2022) - modern construction and appeal.
- Ocean side location, a few hundred feet from the beach.
- Each unit features 3 bedrooms and 2.5 baths.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.7k | $15.36 |
| − Vacancy | −$2.0k | −$0.77 |
| EGI | $38.6k | $14.59 |
| − OpEx | −$11.6k | −$4.38 |
| NOI | $27.0k | $10.21 |
2,648 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$386.4K
$338.1K – $450.8K
NOI $27,048 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$349.2K
$305.6K – $407.4K
NOI $24,444 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$671.1K
$587.2K – $783.0K
NOI $46,978 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - New duplex near the beach with tenant in place.
Where is this duplex located?
The property is located at 2601 Sand Dunes Dr. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Newly built duplex (2022) - modern construction and appeal.; Ocean side location, a few hundred feet from the beach.; Each unit features 3 bedrooms and 2.5 baths.
