Two-Unit Duplex Near The
333 15th Ave. S, Surfside Beach, SC 29575
For Sale
$495,000
Single-level property with two painted units and spacious yard areas in the St. James school district.
Property Size1,897 SF
Price / SF$260.94
Days on Market51
Property Features for 333 15th Ave. S
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Building Details
Year Built
Buildings
Stories
Listing Agency:
Exp Realty, LLC
(888) 440-2798
Listed By:
Patrick Tole
(843) 833-1937
Source:
Pawleysislandproperties
Added: Sep 18
Changed: Nov 6
Last Checked: Nov 6 at 7:50AM
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 Exp Realty, LLC
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Investment Insights
Based on property information with market context.
This single-level duplex contains two residential units, each offering 2 bedrooms and 1 bathroom. Both units were recently painted, and the property includes yard space suitable for outdoor activities and gardening. Built in 1974, the building contains 1,897 square feet and has no HOA.
The property is located at 333 15th Ave. S in Surfside Beach, east of 17 Business and within walking distance to the ocean. The beach is also accessible by golf cart. Nearby destinations named in the property information include Surfside Pier, The Murrells Inlet Marshwalk, Myrtle Beach State Park, Huntington Beach State Park, The Market Commons, golf courses, shopping, restaurants, and entertainment venues.
The two-unit configuration supports separate occupancy of one unit while renting the other, subject to applicable requirements.
The property is located at 333 15th Ave. S in Surfside Beach, east of 17 Business and within walking distance to the ocean. The beach is also accessible by golf cart. Nearby destinations named in the property information include Surfside Pier, The Murrells Inlet Marshwalk, Myrtle Beach State Park, Huntington Beach State Park, The Market Commons, golf courses, shopping, restaurants, and entertainment venues.
The two-unit configuration supports separate occupancy of one unit while renting the other, subject to applicable requirements.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per unit
- 1,897 square feet on a spacious lot
- Both units recently painted
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,377
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,540
$387.5K
Cap Rate 7%
$276,814
$276.8K
Cap Rate 9%
$215,300
$215.3K
Market Conditions
NOI Build-Up for 1,897 SF
Gross rent
$29.1K $15.36/SF
− Vacancy
−$1.5K −$0.77/SF
EGI
$27.7K $14.59/SF
− OpEx
−$8.3K −$4.38/SF
NOI
$19.4K $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%
$387,540
Cap Rate 7%
$276,814
Cap Rate 9%
$215,300
Alternative Uses
Best Use
Multifamily LT 5
$276.8K
$242.2K – $323.0K
NOI $19,377 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$250.2K
$218.9K – $291.9K
NOI $17,512 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$480.8K
$420.7K – $560.9K
NOI $33,654 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
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Business Placement
Demographics for 29575, SC
18,135
Population
16,761
Households
1.1
Avg Household Size
57
Median Age
33%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
1,778
Density / Sq Mi
$72,029
Median Household Income
$38,182
Median Earnings
$1,234
Median Rent
$278,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Horry County, SC
Properties on Market for Duplexes in Horry County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Single-level property with two painted units and spacious yard areas in the St. James school district.
Where is this duplex located?
The property is located at 333 15th Ave. S Surfside Beach, SC.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per unit; 1,897 square feet on a spacious lot; Both units recently painted
