398 Blockade Drive, Pawleys Island, SC 29585 For Sale

Sunset East presents a stabilized multifamily investment opportunity with a coastal-modern composition tailored for investors looking for immediate cashflow and development upside. The property provides 6 well-proportioned living spaces, spanning across two buildings; 1 duplex-2BR/1BA and 1 quad-2BR/2BA. Recently updated (2022) mechanical and building systems deliver dependable performance, allowing owners to focus on management rather than maintenance. The property is not governed by an HOA and is not subject to any short-term rental restrictions. New ownership could continue with the convenience of long term stabilized rents or pivot into a short-term rental structure. The lot configuration could allow for additional duplex structures, expanding the project and increasing the cash flow.

Pawleys Island, known for its pristine beaches, fine dining, and world-class golf, is one of South Carolina's most well-known vacation destinations of generational notoriety. Investors will appreciate the area's growing demand for short-term rental and vacation properties, with a steady influx of visitors and year-round residents. Sunset East, is located on Blockade Drive, two blocks north of the South Causeway, providing direct access to the beaches of Pawleys Island. Access to groceries, gas, shopping and dining, all within a 5 minute drive of Sunset East.