Mixed-Use Townhome with Flex
New
For Sale
$649,900
2798 Howard Ave., Myrtle Beach, SC 29577
MULTI-FAMILY, Myrtle Beach, SC
Property Size2,018 SF
Price / SF$322.05
Days on Market1
Property Features for 2798 Howard Ave.
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking features
Assigned
Lot features
Rectangular, Inside City Limits, East of Highway 17 Bypass
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
2,018 SF
Additional Details
Property Use
Mixed-Use
Utilities
Utilities
Cable Available
Amenities
granite countertops
stainless steel appliances
waterfall island with bar seating
updated luxury ensuite with tiled walk-in shower
fenced backyard
Building Details
Year built
2009
Number of units
2
Listing Agency:
Century 21 Barefoot Realty · Century 21 Real Estate
(843) 390-2121
Listed By:
The Mills Group Team
(843) 252-0847
Added: Oct 23
Last Checked: Oct 23 at 9:06PM
MLS# 2625962
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,018-square-foot mixed-use townhome, built in 2009, pairs a ground-floor commercial/flex area with a residence above. The street-level space has a full bathroom, natural light, and direct Howard Avenue frontage. Upstairs, the home includes three bedrooms and four bathrooms overall, along with an open kitchen, dining, and living arrangement. Kitchen features include granite counters, stainless steel appliances, substantial cabinetry, and a waterfall island with bar seating. A fenced backyard and assigned parking are also part of the property.
The property is in Market Common, near dining, shops, coffee shops, parks, entertainment, and community events. The Atlantic Ocean is less than a mile away.
The property is in Market Common, near dining, shops, coffee shops, parks, entertainment, and community events. The Atlantic Ocean is less than a mile away.
Key Highlights
- 2,018‑square‑foot mixed‑use townhome built in 2009
- Ground‑floor commercial/flex area with a full bathroom and natural light
- Direct frontage on Howard Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,896
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,920
$517.9K
Cap Rate 7%
$369,943
$369.9K
Cap Rate 9%
$287,733
$287.7K
Market Conditions
NOI Build-Up for 2,018 SF
Gross rent
$39.2K $19.44/SF
− Vacancy
−$2.2K −$1.11/SF
EGI
$37.0K $18.33/SF
− OpEx
−$11.1K −$5.50/SF
NOI
$25.9K $12.83/SF
Area
Horry County, SC
Vacancy
5.70%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,920
Cap Rate 7%
$369,943
Cap Rate 9%
$287,733
Alternative Uses
Best Use
Industrial
$369.9K
$323.7K – $431.6K
NOI $25,896 @ 7.0% cap · market cap 3.98%
Second Best
Mixed Use
$365.8K
$320.1K – $426.8K
NOI $25,608 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$511.4K
$447.5K – $596.7K
NOI $35,801 @ 7.0% cap · market cap 5.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
498
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A street-facing ground-floor suite sits beneath a three-bedroom residence with an open living and dining area.
Where is this mixed-use property located?
The property is located at 2798 Howard Ave. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 2,018‑square‑foot mixed‑use townhome built in 2009; Ground‑floor commercial/flex area with a full bathroom and natural light; Direct frontage on Howard Avenue
