Fully Furnished Duplex Near
1508 Hillside Dr. S North Myrtle Beach, SC 29582
1508 Hillside Dr. S, North Myrtle Beach, SC, 29582
$695,000
For Sale
$695,000
MULTI_FAMILY - North Myrtle Beach, SC
Property Size3,456 SF
Price / SF$201.10
Days on Market47
Property Features for 1508 Hillside Dr. S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 3,456 SF
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 2004
- Number of units
- 2
Listing Agency
Century 21 Barefoot Realty
(843) 390-2121
North Myrtle Beach, SC
Listed by
The Mills Group Team · License #288488
(843) 252-0847
Added: Jun 2 Checked: Jul 18 at 4:06 am
MLS# 2614127
Listing URL
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 fully furnished duplex is designed for a turnkey coastal investment, with two mirrored sides offering four bedrooms and two bathrooms each. Both units feature durable LVP flooring, spacious open-concept living areas, and full kitchens with updated countertops and pantry storage. Comfortable coastal furnishings are already in place, making the property well suited for immediate use without needing to outfit the home for guests. With generous on-site parking, the layout supports an owner-managed setup or a professionally managed short-term rental operation.
Located just two blocks from the sand at Crescent Beach, the property is positioned for walkable beach access. It’s also described as minutes from Main Street Ocean Drive, Barefoot Landing, and Restaurant Row, with nearby options for championship golf, shopping, entertainment, and popular dining destinations in the North Myrtle Beach area.
Approved for short-term rentals with no HOA restrictions, this duplex provides flexibility for a variety of ownership strategies. It can work as a vacation rental powerhouse, a multi-generational beach retreat, or a live-in-and-rent approach where one side supports additional income. For buyers looking for a low-friction entry into the short-term rental market, the combination of furnished interiors, duplicated unit layouts, and the ability to operate without HOA constraints makes it a compelling coastal asset.
Located just two blocks from the sand at Crescent Beach, the property is positioned for walkable beach access. It’s also described as minutes from Main Street Ocean Drive, Barefoot Landing, and Restaurant Row, with nearby options for championship golf, shopping, entertainment, and popular dining destinations in the North Myrtle Beach area.
Approved for short-term rentals with no HOA restrictions, this duplex provides flexibility for a variety of ownership strategies. It can work as a vacation rental powerhouse, a multi-generational beach retreat, or a live-in-and-rent approach where one side supports additional income. For buyers looking for a low-friction entry into the short-term rental market, the combination of furnished interiors, duplicated unit layouts, and the ability to operate without HOA constraints makes it a compelling coastal asset.
Key Highlights
- Fully furnished 8‑bedroom, 4‑bathroom duplex built in 2004
- Just two blocks from Crescent Beach in North Myrtle Beach
- Short‑term rental approved with no HOA restrictions
Local 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 | $53.1k | $15.36 |
| − Vacancy | −$2.7k | −$0.77 |
| EGI | $50.4k | $14.59 |
| − OpEx | −$15.1k | −$4.38 |
| NOI | $35.3k | $10.21 |
3,456 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$504.3K
$441.3K – $588.4K
NOI $35,301 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$455.8K
$398.8K – $531.7K
NOI $31,903 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$875.9K
$766.4K – $1.02M
NOI $61,312 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey, short-term rental–approved duplex with mirrored layouts, ample parking, and coastal furnishings for flexible income opportunities.
Where is this duplex located?
The property is located at 1508 Hillside Dr. S North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Fully furnished 8‑bedroom, 4‑bathroom duplex built in 2004; Just two blocks from Crescent Beach in North Myrtle Beach; Short‑term rental approved with no HOA restrictions
