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403 14th Ave. S, Myrtle Beach
Photo 1 of 33

$2,049,000

Reduced from $2,890,000

Price reduced No HOA
Home type
Apartment
Beds
Not reported
Baths
Not reported
Sq ft
12,000
Year built
1970
Garage
Not reported
HOA
$0

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Nearest active homes by reported MLS coordinates · within about 4 mi

About this home

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!

Key highlights

  • 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!
  • 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.

More property details

Interior

Units
32

Exterior & construction

Zoning
WITHERS HT

Foundation

  • Slab

Lot Description

  • Irregular

Utilities

Heating and Cooling

  • Central Heat
  • Central Air
  • Electric

Utilities Available

  • Electricity
  • Water Public
  • Cable TV
  • Underground Utilities
  • Telephone

HOA & community

Amenities Available

  • Short Term Rental Allowed
  • 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
$2,049,000
Original list price
$2,890,000
Listed
May 22, 2025
Last price change
Sep 7, 2026

Location and local market

Map, nearby homes, and current market facts.

Myrtle Beach areaExplore Myrtle Beach

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Estimated monthly payment

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Down payment
20% · $409,800

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Estimated total monthly

$11,812/mo

$10,361 principal & interest · $1,451 taxes & insurance

20% · $409,800

Loan amount $1,639,200. Estimate only — taxes, insurance, and HOA are approximate. Not a lending quote.

Listing information

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