Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Surfside Beach Condo with Patio Title is generated by Realmo AI

    1849 Crooked Pine Dr C-5, Surfside Beach, SC 29575

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $224,900

    Affordable 3-bedroom condo near Surfside beaches, dining, and entertainment.

    Type:Condo/Townhome
    Property size:
    1,547 SF
    Price / SF:
    $145/SF
    Added:
    Mar 24, 2026
    Days on Market:
    54
    Last Refresh:
    Apr 5 at 9:18 pm

    Property Features for 1849 Crooked Pine Dr C-5

    General Information

    Standard status
    Active
    Size
    1,547 SF
    Property subtype
    Condo/Townhome

    Building Details

    Year Built
    1973

    We can help!

    Listing Contact
    Dona Lee
    Dona Lee

    Listing agent Dona Lee License #17298

    Listing office RE/MAX Southern Shores

    Listing date Mar 24, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Southern Shores

    HighLights

    • Prime location: Minutes from Surfside beaches, dining, and entertainment.
    • Affordable 3‑bedroom, 2.5‑bathroom condo.
    • Spacious, bungalow‑style layout.
    • Access to community pool.
    • Private patio for outdoor relaxation and entertaining.
    • Three generously sized bedrooms.

    Overview

    Located in the Deer Track community, this condo features 3 bedrooms and 2.5 bathrooms. The property offers a first-floor entry and a bungalow-style layout. Upstairs, the bedrooms provide ample space. An open-concept living area leads to a private patio. Residents have access to a community pool. The condo is located minutes from Surfside's beaches, dining, and entertainment options. The property size is 1547 square feet.

    Financial Insights

    Value Estimation Calculated for Apartment 5plus

    Conservative
    $158.7K
    NOI $14,281 @ 9.00% cap · cautious / downside scenario
    Moderate
    $204.0K
    NOI $14,281 @ 7.00% cap · market / base-case scenario
    Aggressive
    $285.6K
    NOI $14,281 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Apartment 5plus

    Component $ $/SF
    Gross rent $27.1k $17.52
    − Vacancy −$1.1k −$0.74
    EGI $26.0k $16.78
    − OpEx −$11.7k −$7.55
    NOI $14.3k $9.23
    1,547 SF · lease $17.52/SF/yr · vacancy 4.20% · expense 45.00%

    Alternative Use Scenarios

    Best Use
    Apartment 5plus
    $204.0K
    $178.5K – $238.0K (±1% cap)
    NOI $14,281 @ 7.0% cap · market cap 6.35%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $392.1K
    $343.1K – $457.4K (±1% cap)
    NOI $27,445 @ 7.0% cap · market cap 12.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Residential income properties

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Surfside Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.9669124
    Latitude
    33.6343466

    Nearby Similar for Sale

    • $539,000

      Surfside Beach Duplex Investment Opportunity

      Duplex in prime coastal location near beach, shopping, and restaurants.
      13 S Poplar Dr., Surfside Beach, SC 29575
      View Details
    • $675,000

      Surfside Beach Duplex Opportunity

      Versatile coastal duplex near the beach with income potential.
      310 14th Ave. S, Surfside Beach, SC 29575
      View Details
    • $1,690,000

      Furnished Triplex Near Ocean

      Fully furnished 10-bedroom triplex with ocean views and private pool.
      510 S Ocean Blvd., Surfside Beach, SC 29575
      View Details
    • $529,000
      1,944 SF

      Turnkey Office in Surfside Beach

      Well-maintained office property in Surfside Beach, ready for business.
      811 6th Ave. S, Surfside Beach, SC 29575
      View Details
    • $599,000

      Surfside Beach Income Producing Duplex

      Income-producing duplex near Surfside Beach pier and attractions.
      114 N Pinewood Dr. N, Surfside Beach, SC 29575
      View Details
    • $700,000
      5,000 SF

      5,000 SF Metal Building

      Metal building with outdoor storage in Surfside Beach, SC.
      910 Highway 17 Business South, Surfside Beach, SC 29575
      View Details
    • $1,050,000
      800 SF

      Iconic Bar in Surfside Beach

      Iconic bar for sale in Surfside Beach, South Carolina.
      1507 S Hwy 17 S, Surfside Beach, SC 29575
      View Details
    • $1,200,000
      4,510 SF

      Retail Property in Surfside Beach

      Retail property for sale in Surfside Beach, South Carolina.
      2016 Hwy 17 , Surfside Beach, SC
      View Details
    • $114,900
      606 SF

      Furnished Condo with Community Pool

      Top-floor, furnished condo with pool view in Surfside Beach.
      1880 Colony Dr 12-H, Surfside Beach, SC 29575
      View Details
    • $1,693,000
      3,696 SF

      Surfside Beach Multi-Unit Ocean Views

      Multi-unit property with ocean views, modern amenities, and rental potential.
      412 S Seaside Dr, Surfside Beach, SC 29575
      View Details
    • $1,690,000
      5,363 SF

      Furnished Multi-Level Rental Property

      Fully furnished 10-bedroom property near the ocean with a pool.
      510 Ocean Blvd S, Surfside Beach, SC 29575
      View Details

    FAQs

    What type of property is this?
    Residential income property - Affordable 3-bedroom condo near Surfside beaches, dining, and entertainment.
    Where is this residential income property located?
    The property is located at 1849 Crooked Pine Dr C-5 Surfside Beach, SC.
    What is the asking price?
    The asking price for this property is $224,900.
    What are key features of this property?
    This property features: Prime location: Minutes from Surfside beaches, dining, and entertainment.; Affordable 3‑bedroom, 2.5‑bathroom condo.; Spacious, bungalow‑style layout.
    (843) 839-0200
    We can help!
    Listing Contact
    Dona Lee
    Dona Lee
    Real Estate License ID: 17298
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1849 Crooked Pine Dr C-5, Surfside Beach, SC 29575
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!