Listing agent
Jeff Forman
Team Lead · Broker
$499,000
Reduced from $555,000
Price reduced No HOA
- Home type
- Apartment
- Beds
- Not reported
- Baths
- Not reported
- Sq ft
- 2,976
- Year built
- 1950
- Garage
- Not reported
- HOA
- $0
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About this home
Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code. This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units. Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters. Each unit features a functional two-bedroom layout, and the property sits on a sizable lot with ample parking. Current rents are below market, presenting the potential to increase income through interior upgrades, modern finishes, and enhanced operational efficiency. With targeted renovations, investors can unlock greater cash flow, and elevate property performance. Take advantage of the opportunity zone tax incentives as well! Check this one out today!
Key highlights
- Located in the heart of Downtown Myrtle Beach, a designated opportunity zone, 1000 Spivey Ave offers a unique opportunity for investors seeking a value-add multifamily property in the sought-after 29577 zip code.
- This property consists of three duplex buildings each holding two 2 Bedroom 1 Bath units.
- Being just minutes from the beach, restaurants, shopping, and entertainment, making it appealing to both long-term tenants and seasonal renters.
Listed by The Forturro Group
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More property details
Interior
- Units
- 6
Interior Features
- Smoke Detector
Exterior & construction
- Zoning
- RMM
Foundation
- Slab
Lot Description
- Rectangular
Utilities
Heating and Cooling
- Window/Wall Unit
- Electric
Utilities Available
- Electricity
- Water Public
- Cable TV
- Telephone
HOA & community
Amenities Available
- Long Term Rental Allowed
Schools
- Elementary
- Myrtle Beach Elementary School
- Middle
- Myrtle Beach Middle School
- High
- Myrtle Beach High School
Price history
- Current asking price
- $499,000
- Original list price
- $555,000
- Listed
- Jan 3, 2026
- Last price change
- Aug 23, 2026
Location and local market
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Estimated monthly payment
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- Down payment
- 20% · $99,800
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Estimated total monthly
$2,877/mo
$2,523 principal & interest · $353 taxes & insurance
20% · $99,800
Loan amount $399,200. Estimate only — taxes, insurance, and HOA are approximate. Not a lending quote.
Listed with Keller Williams The Forturro Group. MLS #2600195. Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.