Active

301-303 27th Ave. S

North Myrtle Beach, SC 29582

$1,180,000 $4,974/Mo

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Description

Rare opportunity to acquire a strategically located multifamily investment property comprised of 301–303 27th Ave South & 2702 Perrin Drive, positioned on a double corner lot in the highly desirable Crescent Beach section of North Myrtle Beach just 485 feet from the Atlantic Ocean and Crescent Beach public access! With strategic renovations and cosmetic updates, this asset offers significant upside potential through rent growth and repositioning. The premier Crescent Beach location and being just steps from the ocean creates a powerful opportunity to modernize units, enhance curb appeal, and elevate the property into a higher performing coastal rental. Renovated units in this submarket command premium rents, particularly for furnished and short-term rental conversions, making this property well-suited for increased cash flow, improved tenant quality, and long-term appreciation. The property benefits from public utilities, R-4 zoning for multi-unit residential use, and proximity to schools, shopping, and major attractions. Delight tenants with easy beach access, coastal lifestyle appeal, and strong walkability to local favorites. Whether you’re expanding your multifamily portfolio, seeking a high-demand STR asset, or pursuing a value-add coastal property, this Crescent Beach investment is located in one of the Grand Strand’s most sought-after submarkets — don’t miss out!

Property Details

Property Type : Residential

Price : $1,180,000

AD Id : 72225858

MLS Id : 2600175

Living Area Size : 7,348

Year Built : 1960

County : Horry

Subdivision: Not Within A Subdivision

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1960

Building Area Total: 7348

Construction Materials: VinylSiding, WoodFrame

Private Pool: No

Association Fee Frequency: Monthly

Lot Information

Lot Dimensions: 131' x 55' x 130' x 55' Lot Description: CornerLot,CityLot,Rectangular,RectangularLot

Property Information

Subdivision: Not within a Subdivision Source Property Type: Residential Property SubType: Apartment Property Age: 66

Listing Price Information

Listing Price: $1180000

Original Price: $1254000

Cash, Conventional, PortfolioLoan

Tax Information

Parcel Number: 39201020721

Virtual Tour

Virtual Tour (External Link)

Parking Information

Other

School Information

Elementary School: Ocean Drive Elementary Junior High School: North Myrtle Beach Middle School Senior High School: North Myrtle Beach High School
Utility Information

ElectricityAvailable, SewerAvailable, WaterAvailable
Location Information

WaterSource: Public Security Features: HeatDetector,SmokeDetectors

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The information being provided by CCAR is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the CCAR. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by CCAR.

ByOwner last updated this listing 06/14/2026 @ 15:50

MLS: 2600175 LISTED BY: Jeff Forman, Keller Williams The Forturro Group 843-443-9400 SOURCE: CCAR