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403 14th Ave. S, Myrtle Beach
Price reduced

403 14th Ave. S

Myrtle Beach, 29572

$2,200,000

Reduced from $2,890,000

Apartment · 32 units 12,000 sqft

Your take

About this 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 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 details

Status
Active
Property type
Apartment
Units
32
Bedrooms
Per unit — see description
Bathrooms
Per unit — see description
Living area
12,000 sqft
Year built
1970
Subdivision
None
County
Horry
Days on market
420
HOA
None
MLS #
2512828

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Parcel / PIN44314010005

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MLS #2512828 · Listed by Century 21 Palms Realty
Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.