Furnished Duplex with Private
New
For Sale
$525,000
114 Pinewood Dr. N, Surfside Beach, SC 29575
MULTI_FAMILY - Surfside Beach, SC
Property Size2,065 SF
Price / SF$254.24
Days on Market1
Property Features for 114 Pinewood Dr. N
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Assigned
Lot features
Rectangular, East of Bus. 17, Inside City Limits
Elementary school
Seaside Elementary School
Middle school
Saint James Middle School
High school
Saint James High School
Subdivision
29A Surfside Beach--East of 17 & north of Surfside Drive
Standard status
Active
Size
2,065 SF
Utilities
Utilities
Cable Available
Building Details
Year built
1957
Number of units
2
Listing Agency:
Century 21 Barefoot Realty · Century 21 Real Estate
(843) 390-2121
Listed By:
The Mills Group Team · License #TEEXX11
(843) 252-0847
Added: Jul 31
Last Checked: Jul 31 at 6:06PM
MLS# 2618957
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 furnished duplex features two separate living spaces, making it suitable for multi-generational living or a live-in-one, rent-the-other setup. The downstairs unit includes three bedrooms, one bathroom, a full kitchen, an open living area, and washer/dryer hookups. The upstairs unit offers a bright open-concept two-bedroom layout with a loft, its own full kitchen, a spacious living area, washer/dryer hookups, and a private deck. Both units have outdoor space, including a generous yard.
Recent updates include a new roof installed in 2019 and replacement of both HVAC systems in November 2021. The property was built in 1957 and totals 2,065 square feet. Assigned parking and cable availability are also included.
Short-term and long-term rentals are permitted, providing flexibility for prospective tenants or buyers looking for multiple ways to use the property.
Recent updates include a new roof installed in 2019 and replacement of both HVAC systems in November 2021. The property was built in 1957 and totals 2,065 square feet. Assigned parking and cable availability are also included.
Short-term and long-term rentals are permitted, providing flexibility for prospective tenants or buyers looking for multiple ways to use the property.
Key Highlights
- 2,065 SF furnished duplex with two separate living spaces
- Downstairs unit: 3 bedrooms, 1 bath, full kitchen, open living area, washer/dryer hookups
- Upstairs unit: 2‑bedroom loft with full kitchen, spacious living area, washer/dryer hookups, private deck
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 | $31.7k | $15.36 |
| − Vacancy | −$1.6k | −$0.77 |
| EGI | $30.1k | $14.59 |
| − OpEx | −$9.0k | −$4.38 |
| NOI | $21.1k | $10.21 |
2,065 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$301.3K
$263.7K – $351.6K
NOI $21,093 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$272.3K
$238.3K – $317.7K
NOI $19,063 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$523.4K
$457.9K – $610.6K
NOI $36,635 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Explore this area
Business Placement
Demographics for 29575, SC
18,135
Population
16,761
Households
1.1
Avg Household Size
57
Median Age
33%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
1,778
Density / Sq Mi
$72,029
Median Household Income
$38,182
Median Earnings
$1,234
Median Rent
$278,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Furnished duplex with two separate kitchens, washer/dryer hookups, and outdoor space for beach living and flexible rentals.
Where is this duplex located?
The property is located at 114 Pinewood Dr. N Surfside Beach, SC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 2,065 SF furnished duplex with two separate living spaces; Downstairs unit: 3 bedrooms, 1 bath, full kitchen, open living area, washer/dryer hookups; Upstairs unit: 2‑bedroom loft with full kitchen, spacious living area, washer/dryer hookups, private deck
