Ashton Hildebrand

Owner / Broker-in-Charge

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Listed by Jeff Forman • Keller Williams The Forturro Group • Cell: 843-902-4325
Bought with Keller Williams The Forturro Group

$ 835,000

$ 1,050,000 20.5%

7,348 SqFt

$ 835,000

$ 1,050,000 20.5%

7,348 SqFt

Key Details

Sold Price $835,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 7,348 sqft

Price per Sqft $113

Municipality Not within a Subdivision

Subdivision Not Within A Subdivision

MLS Listing ID 2600175

Sold Date 09/03/26

Construction Status Resale

HOA Y/N No

Year Built 1960

Property Sub-Type Apartment

Source CCAR

Property 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!

Location

State SC

County Horry

Community Not Within A Subdivision

Area 11C North Myrtle Beach Area--Crescent Beach

Zoning R-4

Interior

Heating Central, Electric

Cooling Central Air

Fireplace No

Exterior

Parking Features Other

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available Electricity Available, Sewer Available, Water Available

Building

Lot Description Corner Lot, City Lot, Rectangular, Rectangular Lot

Foundation Slab

Water Public

Construction Status Resale

Schools

Elementary Schools Ocean Drive Elementary

Middle Schools North Myrtle Beach Middle School

High Schools North Myrtle Beach High School

Others

Senior Community No

Tax ID 39201020721

Security Features Heat Detector,Smoke Detector(s)

Acceptable Financing Cash, Conventional, Portfolio Loan

Listing Terms Cash, Conventional, Portfolio Loan

Financing Conventional

Special Listing Condition None

Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(843) 997-0960

[email protected]

1297 Professional Drive STE 201 , MYRTLE BEACH, South Carolina 29577, USA

301-303 27th Ave. S North Myrtle Beach, SC 29582

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Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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301-303 27th Ave. S