$2,200,000

Apartment

  • 12,000 Sqft
  • Updated: July 16
  • MLS#2512828

About the Property

PRICE REDUCED! Amazing CAP rate now with much more room to grow to even more income. Rare 32-Unit updated Investment Opportunity in the Heart of Myrtle Beach! Don’t miss your chance to own this rental powerhouse just steps from the beach and minutes from vibrant downtown Myrtle Beach. The property has had many updates including new flooring, roof in 2023, kitchens, bathrooms, painting, fixtures an
PRICE REDUCED! Amazing CAP rate now with much more room to grow to even more income. Rare 32-Unit updated Investment Opportunity in the Heart of Myrtle Beach! Don’t miss your chance to own this rental powerhouse just steps from the beach and minutes from vibrant downtown Myrtle Beach. The property has had many updates including new flooring, roof in 2023, kitchens, bathrooms, painting, fixtures and more! Situated on a generous 0.52-acre lot, this 32-unit property offers spacious one-bedroom apartments and is perfectly positioned for both short-term and long-term rental strategies. With strong management already in place, this property is performing exceptionally well — and still offers room to grow income even further. Whether you’re looking to expand your portfolio or break into one of the Southeast’s fastest-growing coastal markets, this is a rare opportunity that checks all the boxes. Located close to Myrtle Beach International Airport, world-class golf courses, popular restaurants, and of course, the ocean, this property offers unmatched convenience for vacationers and long-term tenants alike. Key Highlights: 32 spacious 1-bedroom units Prime 0.52-acre lot just steps from the beach Excellent current rental performance Flexible investment: long-term or short-term rentals Close to airport, golf, dining, and downtown Myrtle Beach Rare high-density opportunity on a large parcel The Myrtle Beach market continues to thrive, and properties like this don’t come along often. Schedule your private showing today and secure your place in one of the most dynamic beachside markets on the East Coast!
  • Property type

    Apartment

  • Year built

    1970

  • Price/sqft

    $183

Features

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403 14th Ave. S, Myrtle Beach, SC 29572, Surfside Beach, South Carolina, United States View on Google Maps
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Nicholas Strumke

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Nicholas Strumke
South Carolina, United States
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5
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2025
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CENTURY 21 Palms Realty
CENTURY 21 Palms Realty
1312 Professional Drive FL3, 29577, Myrtle Beach, South Carolina, United States
View agency profile
Last updated
July 16
First listed
Mar 26
Listing reference
753E148F-A15B-4A0D-ADAB-4A7BD7F4DAB3
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