Furnished
New
For Sale
$625,000
2104 Perrin Dr., North Myrtle Beach, SC 29582
MULTI-FAMILY, North Myrtle Beach, SC
Property Size1,792 SF
Price / SF$348.77
Days on Market2
Property Features for 2104 Perrin Dr.
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Subdivision
Crescent Beach
Lot features
Rectangular
Elementary school
Ocean Drive Elementary
Middle school
North Myrtle Beach Middle School
High school
North Myrtle Beach High School
Standard status
Active
Size
1,792 SF
Utilities
Utilities
Cable Available
Building Details
Year built
1960
Number of units
3
Listing Agency:
Realty ONE Group Dockside
(843) 492-4030
Listed By:
Rositsa Yordanova
(843) 333-3497
Added: Oct 13
Last Checked: Oct 14 at 9:06PM
MLS# 2625147
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 single-level triplex contains three furnished apartments: two one-bedroom, one-bath units and one two-bedroom, one-bath unit. The property totals 1,792 square feet and was built in 1960. Pine paneling gives the cottage its beach-style interior character. Flooring was replaced throughout in 2023; updates that year also included appliances in the rear two units, lighting throughout, a new exterior electrical feed, water heaters, and fresh paint in the rear units.
The property is one block from the ocean in North Myrtle Beach’s Crescent Beach section. The lot runs between Perrin Drive and Holly, with parking on site and no HOA. Cable is available.
The property is one block from the ocean in North Myrtle Beach’s Crescent Beach section. The lot runs between Perrin Drive and Holly, with parking on site and no HOA. Cable is available.
Key Highlights
- Three furnished units: two 1‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment
- 1,792 square feet; single‑level building constructed in 1960
- One block from the ocean in the Crescent Beach section of North Myrtle Beach
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,304
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,080
$366.1K
Cap Rate 7%
$261,486
$261.5K
Cap Rate 9%
$203,378
$203.4K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$27.5K $15.36/SF
− Vacancy
−$1.4K −$0.77/SF
EGI
$26.1K $14.59/SF
− OpEx
−$7.8K −$4.38/SF
NOI
$18.3K $10.21/SF
Area
Horry County, SC
Vacancy
5.00%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,080
Cap Rate 7%
$261,486
Cap Rate 9%
$203,378
Alternative Uses
Best Use
Multifamily LT 5
$261.5K
$228.8K – $305.1K
NOI $18,304 @ 7.0% cap · market cap 2.93%
Second Best
Apartment 5plus
$236.3K
$206.8K – $275.7K
NOI $16,542 @ 7.0% cap · market cap 2.65%
Theoretical Best
Office A
$454.2K
$397.4K – $529.9K
NOI $31,792 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 29582, SC
18,897
Population
27,559
Households
0.7
Avg Household Size
62
Median Age
38%
College-Educated
94%
High-School Grad
21.9 sq mi
ZIP Area
863
Density / Sq Mi
$71,030
Median Household Income
$36,906
Median Earnings
$1,194
Median Rent
$370,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate apartments offer a two-bedroom layout alongside two one-bedroom units, with no HOA.
Where is this triplex located?
The property is located at 2104 Perrin Dr. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three furnished units: two 1‑bedroom, 1‑bath apartments and one 2‑bedroom, 1‑bath apartment; 1,792 square feet; single‑level building constructed in 1960; One block from the ocean in the Crescent Beach section of North Myrtle Beach
