301-303 27th Ave. S, North Myrtle Beach, SC 29582
- $1,050,000
- 7,348
- SqFt
- List Price
- $1,050,000
- Price Change
- ▼ $130,000 1784065129
- Days on Market
- 207
- Status
- ACTIVE
- MLS#
- 2600175
- Living Area
- 7,348
- Year Built
- 1960
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!
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Additional Information
- Area
- 11c North Myrtle Beach Area--Crescent Beach
- Subdivision
- Not within a Subdivision
- Neighborhood
- Not within a Subdivision
- HOA Frequency
- Monthly
- Community Features
- Long Term Rental Allowed, Short Term Rental Allowed
- Heating
- Central, Electric
- Cooling
- Central Air
- Utilities
- Electricity Available, Sewer Available, Water Available
- Water
- Public
- Elementary School
- Ocean Drive Elementary
- Middle School
- North Myrtle Beach Middle School
- High School
- North Myrtle Beach High School
Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.
Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Contact: Cell: 843-902-4325