Furnished Short-Term Rental
For Sale
Contact for pricing
695 Elizabeth Dr, Murrells Inlet, SC 29576
Fully furnished coastal residence with a private pool, elevator, and short-term rental permission.
Property Size4,158 SF
Price / SF$246.51
Days on Market262
Property Features for 695 Elizabeth Dr
General Information
Standard status
Active
Size
4,158 SF
Class
A
Elevators
Yes
Property subtype
Hospitality, Mixed Use
Zoning
Short Term rental allowed
Units
Unit Mix
1 x 5BR/5.5BA
Multifamily Units
1
Additional Details
Furnished
Yes
Amenities
private pool
fully equipped kitchen
stainless steel appliances
smart TVs
washer/dryer
fenced backyard
Building Details
Year Built
2023
Buildings
1
Stories
3
Units
1
Listing Agency:
Realty ONE Group Dockside
Listed By:
Jim Neely · License #SC 41305
(843) 907-1264
Source:
Crexi
Added: Jan 26
Changed: Sep 29
Last Checked: Oct 14 at 10:10PM
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 Realty ONE Group Dockside
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Investment Insights
Based on property information with market context.
Built in 2023, this 4,158-square-foot furnished residence is arranged across three levels with five bedrooms and 5.5 bathrooms. Every bedroom has a private en-suite bath, while the primary suite adds a king bed, covered balcony, walk-in tiled shower, double vanity, and walk-in closet. An elevator serves all floors. The kitchen is equipped with granite countertops, a farmhouse-style sink, extensive cabinetry, and stainless-steel appliances. The home also includes six smart TVs and a Samsung washer and dryer.
Outdoor features include a fenced backyard, tropical palms, and a private pool. The residence accommodates up to 16 guests, and short-term rentals are allowed without an HOA. It is located at 695 Elizabeth Dr in Murrells Inlet, approximately 0.4 mile from the beaches of Garden City and one block from Sanford D. Cox Community Park. Restaurants, shops, fishing, and entertainment are also nearby.
Outdoor features include a fenced backyard, tropical palms, and a private pool. The residence accommodates up to 16 guests, and short-term rentals are allowed without an HOA. It is located at 695 Elizabeth Dr in Murrells Inlet, approximately 0.4 mile from the beaches of Garden City and one block from Sanford D. Cox Community Park. Restaurants, shops, fishing, and entertainment are also nearby.
Key Highlights
- 4,158‑square‑foot home built in 2023
- Five bedrooms, 5.5 bathrooms, and sleeping capacity for 16
- Private pool within a fully fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,384
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,680
$767.7K
Cap Rate 7%
$548,343
$548.3K
Cap Rate 9%
$426,489
$426.5K
Market Conditions
NOI Build-Up for 4,158 SF
Gross rent
$72.8K $17.52/SF
− Vacancy
−$3.1K −$0.74/SF
EGI
$69.8K $16.78/SF
− OpEx
−$31.4K −$7.55/SF
NOI
$38.4K $9.23/SF
Area
Horry County, SC
Vacancy
4.20%
Lease Rate
$17.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$767,680
Cap Rate 7%
$548,343
Cap Rate 9%
$426,489
Alternative Uses
Best Use
Apartment 5plus
$548.3K
$479.8K – $639.7K
NOI $38,384 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$922.1K – $1.23M
NOI $73,766 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Explore this area
Business Placement
Demographics for 29576, SC
32,476
Population
22,097
Households
1.5
Avg Household Size
61
Median Age
32%
College-Educated
96%
High-School Grad
30.5 sq mi
ZIP Area
1,065
Density / Sq Mi
$70,343
Median Household Income
$36,352
Median Earnings
$1,467
Median Rent
$315,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - Fully furnished coastal residence with a private pool, elevator, and short-term rental permission.
Where is this short term rental property located?
The property is located at 695 Elizabeth Dr Murrells Inlet, SC.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: 4,158‑square‑foot home built in 2023; Five bedrooms, 5.5 bathrooms, and sleeping capacity for 16; Private pool within a fully fenced backyard
