Property profile

1551 21St Ave N Myrtle Beach, SC 29577

FOR SALE
Office Spaces
Property ID
US77-1100136
1,008 SF Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 1,008 SF
1551 21St Ave N, Myrtle Beach, SC 29577
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Property summary

AI-generated overview

This exceptional investment opportunity presents two executive office suites totaling 2,500 square feet, ideally situated in the heart of Myrtle Beach, South Carolina. Located at 1551 21st Ave. N, Units 15 & 16, this property boasts a prime location directly across from Broadway at the Beach, ensuring high visibility and accessibility. The 1.43-acre lot provides ample space, while the two-story building offers a well-designed layout. The interior features a welcoming reception area, a convenient kitchen, two bathrooms, nine individual offices, and a spacious conference room, perfect for accommodating a variety of business needs. This property benefits from its proximity to a diverse range of amenities, including medical facilities, professional services, retail establishments, and high-density residential areas, ensuring a robust client base and a thriving business environment. The asking price for this turnkey executive office space is $395,000. Potential buyers are responsible for conducting their own due diligence and verifying all property details. This is a rare opportunity to acquire a well-established and highly visible commercial property in a rapidly growing area of Myrtle Beach. The property's strategic location and functional design make it an ideal investment for businesses seeking a prominent presence in a bustling commercial district. Don't miss this chance to own a piece of Myrtle Beach's thriving business landscape.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1988
Total area 1,008 SF
Zoning code AC1
APN 425-05-02-0015
UPID US77-1100136

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Tax Preparation
  • Insurance Agency
  • Association Or Organization
  • Security Service

Location

1551 21St Ave N Myrtle Beach, SC 29577
Myrtle Beach metro Census 50600 MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$185k

Owner & transaction history

since 2025
Last sale
$215,000
7 recorded transactions
2025
$215,000
2023
$115,000
2023
$100,000
2022
$350,000
2022
Price N/A
2021
$75,000
2021
Price N/A

Zoning & alternative use

AC1 · Myrtle Beach, SC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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