Two-Unit 2BR Condo
1356 Glenns Bay Rd. Surfside Beach, SC 29575
New
For Sale
$275,999
MULTI_FAMILY - Surfside Beach, SC
Property Size1,816 SF
Price / SF$151.98
Days on Market1
Property Features for 1356 Glenns Bay Rd.
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Standard status
- Active
- Size
- 1,816 SF
Building Details
- Year built
- 1986
- Number of units
- 2
Listing Agency:
Own Myrtle Real Estate
(516) 233-0601
Listed By:
Ester Esti Simantov
(843) 457-9780
Added: Jul 24
Last Checked: Jul 24 at 2:06PM
MLS# 2618452
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.
The Retreat at Glenns Bay offers two separate condo units for sale: Units 205G and 204J. Each unit is a 2-bedroom, 2-bath layout with an open floor plan, spacious living and dining areas, and a private balcony with peaceful pond views.
The community is located about one mile from the beach and the Surfside Beach Fishing Pier. The remarks also note golf cart-friendly access to shopping, dining, and entertainment.
Units may be purchased separately or together, and the community allows both short-term and long-term rentals. Both units are currently tenant-occupied, and buyers must honor the existing leases.
The community is located about one mile from the beach and the Surfside Beach Fishing Pier. The remarks also note golf cart-friendly access to shopping, dining, and entertainment.
Units may be purchased separately or together, and the community allows both short-term and long-term rentals. Both units are currently tenant-occupied, and buyers must honor the existing leases.
Key Highlights
- Year built 1986 condos in The Retreat at Glenns Bay
- Unit 205G (MLS #2618404): 2 bed, 2 bath with open floor plan, living/dining space, and private balcony
- Unit 204J (MLS #2618407): 2 bed, 2 bath with open floor plan, living/dining space, and private balcony
Financial Insights For Apartment 5plus
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 | $31.8k | $17.52 |
| − Vacancy | −$1.3k | −$0.74 |
| EGI | $30.5k | $16.78 |
| − OpEx | −$13.7k | −$7.55 |
| NOI | $16.8k | $9.23 |
1,816 SF · lease $17.52/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$239.5K
$209.6K – $279.4K
NOI $16,764 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.2K
$402.7K – $537.0K
NOI $32,217 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
FAQs
What type of property is this?
Short term rental property - Two tenant-occupied 2-bed, 2-bath condos offer open floor plans and private balconies within The Retreat at Glenns Bay.
Where is this short term rental property located?
The property is located at 1356 Glenns Bay Rd. Surfside Beach, SC.
What is the asking price?
The asking price for this property is $275,999.
What are key features of this property?
This property features: Year built 1986 condos in The Retreat at Glenns Bay; Unit 205G (MLS #2618404): 2 bed, 2 bath with open floor plan, living/dining space, and private balcony; Unit 204J (MLS #2618407): 2 bed, 2 bath with open floor plan, living/dining space, and private balcony
