🏢 Myrtle Beach, SC Metro | Multifamily Update – July 21, 2025

Good morning - this is your Myrtle Beach Multifamily Daily Update for July 21, 2025, covering the latest data from the past 72 hours (since Friday).

Whether you’re actively buying, thinking about selling, or just keeping tabs on the market, this report gives you:

• Financing Rates: From FHA, VA, and DSCR to Commercial and Bridge Loans, because most multifamily buyers use financing.

• New Listings, Price Reductions, and Pending Deals: So you know what’s moving and how long it’s taking.

• Rental Activity: Because rents drive your cash flow.

All data is pulled from the CCAR MLS, Crexi, Loopnet and lending sources as of the past 24 hours.

Let’s get into it:

Debt & Market Pulse

If you're considering investing in multifamily properties along the Grand Strand, here’s the latest on rates and financing options:

This section is a work in progress and will be included in future updates.

Market Overview

Active Inventory

• Total Listings: 71

• # of 2 Units: 31

  • Price Range: $149.9K - $1.99MM

• # of 3 Units: 9

  • Price Range: $425K - $2.99MM

• # of 4 Units: 10

  • Price Range: $399K - $8.9MM

  • A 4-unit mobile home park (4 park-owned homes) in Aynor was withdrawn from the market.

• # of > 5 Units: 21

  • Price Range: $575K - $7.25MM

Pending Listings

• Total Pending Listings: 10

  • (4) 2-Unit

  • (2) 3-Unit

  • (1) 4-Unit

  • (1) 8-Unit

  • (1) 9-Unit

  • (1) 10-Unit

Note: This data comes from the CCAR MLS + Crexi, Loopnet,

New Listings

• Myrtle Beach (29577) - 8-unit for $1,200,000

Price Reductions

• North Myrtle Beach (29582) - 4-unit + SFH dropped from $1,769,900 to $1,768,900

Under Contract / Pending Sales

No pending sales.

Sold Transactions

No sold transactions.

Thinking of Buying or Selling?

🏠 Get a Complimentary Property Evaluation - See what your multifamily property could sell for in today’s market.
📞 Call/Text Nick Fitzpatrick at 843-957-5989 or Reply to this email to get started.

Looking to Buy?

🔍 Let’s Find the Right Deal for You - I help investors find on-market and off-market multifamily properties across Myrtle Beach and the Carolinas.
📞 Reach out anytime to discuss your goals.

I run this update every weekday because I believe knowing the market is the first step to making smarter investments.
If I can help you buy, sell, or better understand your property’s value, let’s talk.

Best,

Nick Fitzpatrick

Real Estate Broker

NorthGroup Real Estate

SC # 128053 | NC # 339118