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Two-Unit Beachside Duplex
For Sale
$495,000

333 15th Ave. S, Surfside Beach, SC 29575

MULTI-FAMILY, Surfside Beach, SC

Property Size1,897 SF
Price / SF$260.94
Days on Market50

Property Features for 333 15th Ave. S

General Information

Property type Residential Multi Family
Property subtype Duplex
Lot features East of Bus. 17, Inside City Limits, East of Highway 17 Bypass
Elementary school Seaside Elementary School
Middle school Saint James Middle School
High school Saint James High School
Subdivision 29B Surfside Beach--East of 17 and south of Surfside Drive
Standard status Active
Size 1,897 SF

Utilities

Utilities Cable Available

Amenities

yard space

Building Details

Year built 1974
Number of units 2
Buildings 1
Listing Agency: Sloan Realty Group
Listed By: Barron Calvert · License #13478
Added: Sep 16 Changed: Oct 28 Last Checked: Nov 4 at 2:06AM
MLS# 2622929

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,897-square-foot duplex contains two single-level units, each configured with 2 bedrooms and 1 bathroom. Both residences have been recently painted, and the property includes a spacious lot with yard area suitable for outdoor use and gardening. Cable is available, and the building was constructed in 1974.

The property is located at 333 15th Ave. S in Surfside Beach, east of 17 Business and within walking distance of the ocean. Beach access is also described as convenient by golf cart. The St. James school district serves the property, with Surfside Pier, Murrells Inlet Marshwalk, Myrtle Beach State Park, Huntington Beach State Park, The Market Commons, golf courses, shopping, restaurants, and entertainment identified nearby.

The duplex may accommodate an owner-occupant seeking a second unit for rental or a buyer planning to rent both residences, as supported by the existing two-unit configuration.

Key Highlights

  • Two‑unit duplex with 1,897 square feet
  • Each unit offers 2 bedrooms and 1 bathroom
  • Single‑level construction; 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 (±1% cap)
NOI $19,377 @ 7.0% cap · market cap 3.91%
Second Best
Apartment 5plus
$250.2K
$218.9K – $291.9K (±1% cap)
NOI $17,512 @ 7.0% cap · market cap 3.54%
Theoretical Best
Office A
$480.8K
$420.7K – $560.9K (±1% cap)
NOI $33,654 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Single-level layout includes two recently painted residences with private yard space and no HOA.
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 1,897 square feet; Each unit offers 2 bedrooms and 1 bathroom; Single‑level construction; both units recently painted
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