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404 2nd Ave. N, Myrtle Beach
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$3,850,000

Estimated monthly payment

Reduced from $4,500,000

Price reduced No HOA

404 2nd Ave. N

Myrtle Beach, SC 29577

Hotel Section

In person or by video.

Home type
Apartment
Beds
Not reported
Baths
Not reported
Sq ft
11,000
Year built
2022
Garage
Not reported
HOA
$0
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Estimated monthly payment

Adjust the down payment, interest rate, and loan term.

Down payment
20% · $770,000

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Estimated total monthly

$22,195/mo

$19,468 principal & interest · $2,727 taxes & insurance

20% · $770,000

Loan amount $3,080,000. Estimate only — taxes, insurance, and HOA are approximate. Not a lending quote.

Location and Local Market

About this home

This 10-unit apartment in Myrtle Beach, SC is listed at $3,850,000. It has 11,000 square feet of living area, and the MLS records a 2022 build year. The subdivision on the record is Hotel Section.

Myrtle Beach area

This address is in the Myrtle Beach area, Horry County, which Forturro covers with its own area guide.

See the Myrtle Beach area guide

Hotel Section active-listing snapshot

Forturro's MLS data includes 9 active listings in Hotel Section. List prices there run from $175,000 to $3,850,000. Recorded living areas range from 944 to 11,000 square feet. Build years on those records span 1955 to 2022. Forturro refreshes this summary about every 15 minutes.

Inside the home

Inside, the record notes a fire sprinkler system.

Outdoor space and parking

Construction fields list brick veneer, a wood frame, and a slab foundation.

Systems and utilities

Heating and cooling are listed as central air and central heat. Available utilities are listed as public water.

Forturro summary of published Coastal Carolinas MLS fields, assembled automatically. MLS record updated . The listing brokerage's own description follows below.

Offered at a cap rate of 10.8% ,A rare opportunity to acquire ten newly built, fully licensed short-term rental 4-bedroom apartments just steps from the beach. Each unit comes fully furnished and ready for immediate operation.

More property details

Interior

Units
10

Interior Features

  • Smoke Detector
  • Fire Sprinkler

Exterior & construction

Zoning
MF

Exterior Finish

  • Wood Frame
  • Brick Veneer

Foundation

  • Slab

Utilities

Heating and Cooling

  • Central Heat
  • Central Air
  • Electric

Utilities Available

  • Electricity
  • Water Public

Schools

Elementary
Myrtle Beach Elementary School
Middle
Myrtle Beach Middle School
High
Myrtle Beach High School

Price history

Current asking price
$3,850,000
Original list price
$4,500,000
Listed
Oct 10, 2025
Last price change
Oct 5, 2026
Listing information

Listed with Own Myrtle Real Estate. MLS #2524751. Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.