Two-Unit Duplex with Separate Upper
For Sale
$449,000
726 Juniper Dr., Surfside Beach, SC 29575
Two residential units offer distinct layouts, including a separate entrance for the upper residence.
Property Size2,344 SF
Price / SF$191.55
Days on Market167
Property Features for 726 Juniper Dr.
General Information
Standard status
Active
Size
2,344 SF
Property subtype
Duplex
Units
Unit Mix
1 x 3BR/1BA, 1 x 2BR
Multifamily Units
2
Building Details
Year Built
1980
Listing Agency:
RE/MAX Southern Shores GC
(843) 357-0220
Listed By:
Hans Neugebauer · License #89546
(843) 999-2684
Source:
Thenelsonteamsc
Added: May 22
Changed: Nov 3
Last Checked: Nov 3 at 8:52AM
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 RE/MAX Southern Shores GC
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Investment Insights
Based on property information with market context.
This 1980 duplex contains approximately 2,344 square feet across two residences. The upper unit has three bedrooms, one bathroom, and its own entrance. The ground-floor unit includes two bedrooms, with full-bath access described for each bedroom.
The property occupies a 120-foot-deep lot east of Business 17 in Surfside Beach. The beaches are less than three-quarters of a mile away by golf cart, and the town pier and restaurant area are also noted nearby. The property is within the St. James school district.
The property occupies a 120-foot-deep lot east of Business 17 in Surfside Beach. The beaches are less than three-quarters of a mile away by golf cart, and the town pier and restaurant area are also noted nearby. The property is within the St. James school district.
Key Highlights
- Two‑unit duplex with approximately 2,344 square feet
- Upper residence has 3 bedrooms, 1 bathroom, and a separate entrance
- Ground‑floor residence has 2 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,943
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,860
$478.9K
Cap Rate 7%
$342,043
$342.0K
Cap Rate 9%
$266,033
$266.0K
Market Conditions
NOI Build-Up for 2,344 SF
Gross rent
$36.0K $15.36/SF
− Vacancy
−$1.8K −$0.77/SF
EGI
$34.2K $14.59/SF
− OpEx
−$10.3K −$4.38/SF
NOI
$23.9K $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%
$478,860
Cap Rate 7%
$342,043
Cap Rate 9%
$266,033
Alternative Uses
Best Use
Multifamily LT 5
$342.0K
$299.3K – $399.1K
NOI $23,943 @ 7.0% cap · market cap 5.33%
Second Best
Apartment 5plus
$309.1K
$270.5K – $360.6K
NOI $21,638 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$594.1K
$519.8K – $693.1K
NOI $41,584 @ 7.0% cap · market cap 9.26%
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
854
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
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer distinct layouts, including a separate entrance for the upper residence.
Where is this duplex located?
The property is located at 726 Juniper Dr. Surfside Beach, SC.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two‑unit duplex with approximately 2,344 square feet; Upper residence has 3 bedrooms, 1 bathroom, and a separate entrance; Ground‑floor residence has 2 bedrooms
