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

Rare opportunity to acquire a strategically located multifamily investment property comprised of 301303 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 youre 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 Strands most sought-after submarkets dont miss out!

• MLS ID2600175
• Property TypeMulti Unit - Multiple
• Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed
• CoolingCentral Air
• Days on Site167
• ExteriorVinyl Siding, Wood Frame
• HeatingCentral, Electric
• HOA Fee0/ Monthly
• Lot DescriptionCorner Lot, City Lot, Rectangular, Rectangular Lot
• Lot Dimensions131' x 55' x 130' x 55'
• Lot Size131' x 55' x 130' x 55'
• Parcel#39201020721
• ParkingOther
• Parking NotesOther
• SecurityHeat Detector, Smoke Detector(s)
• Units10
• UtilitiesElectricity Available, Sewer Available, Water Available
• WaterPublic
• Year Built1960