300 21st Ave. S, North Myrtle Beach, SC 29582
MULTI_FAMILY - North Myrtle Beach, SC
- Added:
- Jun 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 16 at 2:06 pm
Property Features for 300 21st Ave. S
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking features
- Carport
- Standard status
- Active
- Size
- 4,560 SF
Utilities
- Utilities
- Cable Available
Building Details
- Year built
- 1950
- Number of units
- 8
Listing agent Dominic Siciliano (843) 353-1589
Listing office Keller Williams The Forturro Group Myrtle Beach, SC (843) 443-9400
Listing date Jun 15, 2026
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.
HighLights
- Three income‑producing buildings on a single parcel, totaling 8 rental units
- Unit mix: five 2‑bedroom, 1‑bath units and three 1‑bedroom, 1‑bath units
- Located in the Crescent Beach section of North Myrtle Beach, about one block from the ocean
- Two duplexes plus one four‑unit building on one parcel
- Carport parking and cable available
- Long‑term tenants already in place for immediate rental income
Overview
The buildings are located in Crescent Beach within North Myrtle Beach, South Carolina, positioned just one block from the ocean. The listing notes the area is walkable to the beach as well as nearby restaurants, shopping, and entertainment.
The unit mix supports a tenant base across both 2-bedroom and 1-bedroom floorplans, which can be useful for operators seeking to diversify occupancy profiles. With multiple buildings contained on one site, the property can also appeal to buyers looking to manage a consolidated portfolio. The listing further describes potential for rent increases, property improvements, and a possible conversion to short-term rentals where permitted, alongside traditional long-term rental strategies.
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 | $70.0k | $15.36 |
| − Vacancy | −$3.5k | −$0.77 |
| EGI | $66.5k | $14.59 |
| − OpEx | −$20.0k | −$4.38 |
| NOI | $46.6k | $10.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.706535
- Latitude
- 33.805565
