Newly Built
For Sale
$799,000
2601 Sand Dunes Dr., Myrtle Beach, SC 29577
MULTI-FAMILY, Myrtle Beach, SC
Property Size2,648 SF
Price / SF$301.74
Days on Market264
Property Features for 2601 Sand Dunes Dr.
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Garage
Lot features
East of Bus. 17
Elementary school
Myrtle Beach Elementary School
Middle school
Myrtle Beach Middle School
High school
Myrtle Beach High School
Subdivision
16G Myrtle Beach Area--Southern Limit to 10TH Ave N
Standard status
Active
Size
2,648 SF
Utilities
Utilities
Cable Available
Building Details
Year built
2022
Number of units
2
Listing Agency:
Own Myrtle Real Estate
(516) 233-0601
Listed By:
Ester Esti Simantov
(843) 457-9780
Added: Jan 24
Changed: Oct 8
Last Checked: Oct 15 at 9:06PM
MLS# 2602250
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.
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Investment Insights
Based on property information with market context.
Completed in 2022, this 2,648-square-foot duplex contains two residential units, each with 3 bedrooms and 2.5 baths. Interior finishes include custom cabinetry, granite countertops, and stainless steel appliances. Separate water and electric meters serve the units, while garage parking is provided. Cable is available at the property.
The property is located on the ocean side of Hwy 17 South in Myrtle Beach, a few hundred feet from the beach. One tenant is currently in place, adding an existing occupancy component to the offering.
The property is located on the ocean side of Hwy 17 South in Myrtle Beach, a few hundred feet from the beach. One tenant is currently in place, adding an existing occupancy component to the offering.
Key Highlights
- 2,648‑square‑foot duplex completed in 2022
- Each unit includes 3 bedrooms and 2.5 baths
- Custom cabinetry, granite countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,048
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,960
$541.0K
Cap Rate 7%
$386,400
$386.4K
Cap Rate 9%
$300,533
$300.5K
Market Conditions
NOI Build-Up for 2,648 SF
Gross rent
$40.7K $15.36/SF
− Vacancy
−$2.0K −$0.77/SF
EGI
$38.6K $14.59/SF
− OpEx
−$11.6K −$4.38/SF
NOI
$27.0K $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%
$540,960
Cap Rate 7%
$386,400
Cap Rate 9%
$300,533
Alternative Uses
Best Use
Multifamily LT 5
$386.4K
$338.1K – $450.8K
NOI $27,048 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$349.2K
$305.6K – $407.4K
NOI $24,444 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$671.1K
$587.2K – $783.0K
NOI $46,978 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 29577, SC
34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer separate utility metering, attached garage parking, and contemporary interior finishes.
Where is this duplex located?
The property is located at 2601 Sand Dunes Dr. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 2,648‑square‑foot duplex completed in 2022; Each unit includes 3 bedrooms and 2.5 baths; Custom cabinetry, granite countertops, and stainless steel appliances
