206 30th Avenue North North Myrtle Beach, SC 29582
206 30th Avenue North, North Myrtle Beach, SC, 29582
Contact for pricing
For Sale
Contact for pricing
Duplexes
Property Size2,828 SF
Price / SF$288.19
Days on Market51
Property Features for 206 30th Avenue North
General Information
- Standard status
- Active
- Size
- 2,828 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1981
Listing Agency
CENTURY 21 Broadhurst
Listed by
Casey Houser · License #SC
Source
Crexi
Added: May 29 Checked: Jul 16 at 3:46 am
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 CENTURY 21 Broadhurst
Investment Insights
Based on property information with market context.
Key Highlights
- Duplex at 206 30th Ave North (built 1981) in the Cherry Grove section of North Myrtle Beach
- One block from the beach, offering quick access to Cherry Grove Pier and nearby dining, shopping, and entertainment
- Two identical units, each with 3 bedrooms and 2 bathrooms
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 | $43.4k | $15.36 |
| − Vacancy | −$2.2k | −$0.77 |
| EGI | $41.3k | $14.59 |
| − OpEx | −$12.4k | −$4.38 |
| NOI | $28.9k | $10.21 |
2,828 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$412.7K
$361.1K – $481.4K
NOI $28,886 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$372.9K
$326.3K – $435.1K
NOI $26,106 @ 7.0% cap · market cap 3.20%
Theoretical Best
Office A
$716.7K
$627.1K – $836.2K
NOI $50,171 @ 7.0% cap · market cap 6.16%
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
Where is this duplex located?
The property is located at 206 30th Avenue North North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Duplex at 206 30th Ave North (built 1981) in the Cherry Grove section of North Myrtle Beach; One block from the beach, offering quick access to Cherry Grove Pier and nearby dining, shopping, and entertainment; Two identical units, each with 3 bedrooms and 2 bathrooms
