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4620 Surf Street Beach Duplex 4620 Surf St 2 Unit Apartment Building $1,667,371 CAD ($833,686 CAD/Unit) 7.66% Cap Rate North Myrtle Beach, SC 29582
Investment Highlights
- No HOA
- Second Row to the Beach
- $149K+ Gross Revenue in 2025
Executive Summary
Offered at $1,199,634. Established income-producing short-term rental duplex located second row from the beach in North Myrtle Beach. The property features 8 bedrooms and 6 bathrooms and can be operated as two separate vacation rentals or combined into one large rental accommodating up to 24 guests. The property generated $149,932 in gross Airbnb revenue in 2025. Offered fully furnished and rental-ready, with ocean views from select rooms and balconies, two garages, ample parking, multiple outdoor living areas, and a golf cart amenity. A proposed pool site plan is available. Excellent opportunity for an investor seeking an established coastal vacation rental with multiple rental configurations. Financial information and additional due diligence documents are available to qualified buyers.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 2 | - | - |
1 1
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 39106040589 | Total Assessment | $1,440,312 CAD |
| Land Assessment | $486,465 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $953,847 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
39106040589
Land Assessment
$486,465 CAD
Improvements Assessment
$953,847 CAD
Total Assessment
$1,440,312 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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Kojtari Homes
4620 Surf Street Beach Duplex | 4620 Surf St
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