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505 32nd Ave. N, Myrtle Beach
Photo 1 of 19

$999,999

Reduced from $1,100,000

Price reduced No HOA
Home type
Apartment
Beds
Not reported
Baths
Not reported
Sq ft
5,604
Year built
1966
Garage
Not reported
HOA
$0

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

About this home

Incredible Multi-Family Investment Opportunity – Just Blocks from the Beach! Located in the heart of Myrtle Beach, 505 32nd Avenue North offers a rare chance to own a versatile income-producing property just a short stroll to the ocean. This well-maintained multi-family compound features two separate buildings on one lot: Front House: Spacious 2-bedroom, 1-bathroom duplex, ideal for long-term tenants or potential owner-occupancy. Rear Building: Includes four total units—two 2-bedroom apartments and two 1-bedroom apartments, all with private entries and great rental history. Each unit features comfortable layouts, ample natural light, ceiling fans, and vintage charm throughout. Tenants enjoy off-street parking, mature landscaping, and close proximity to shops, dining, entertainment, and beach access. Whether you're looking to grow your rental portfolio, 1031 exchange, or live in one unit while renting out the others—this property is packed with potential. Zoned for multifamily, income-producing, and no HOA! ??Location perks: Walk or bike to the beach, near Myrtle Beach Convention Center, Broadway at the Beach, and all the action of the Grand Strand.

Key highlights

  • Located in the heart of Myrtle Beach, 505 32nd Avenue North offers a rare chance to own a versatile income-producing property just a short stroll to the ocean.
  • Rear Building: Includes four total units—two 2-bedroom apartments and two 1-bedroom apartments, all with private entries and great rental history.
  • Each unit features comfortable layouts, ample natural light, ceiling fans, and vintage charm throughout.

More property details

Interior

Units
6

Exterior & construction

Zoning
RES

Exterior Finish

  • Wood Frame
  • Stucco

Utilities

Utilities Available

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

Schools

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

Price history

Current asking price
$999,999
Original list price
$1,100,000
Listed
Apr 14, 2025
Last price change
Mar 12, 2026

Location and local market

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Myrtle Beach areaExplore Myrtle Beach

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Estimated monthly payment

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Down payment
20% · $200,000

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Estimated total monthly

$5,765/mo

$5,057 principal & interest · $708 taxes & insurance

20% · $200,000

Loan amount $799,999. Estimate only — taxes, insurance, and HOA are approximate. Not a lending quote.

Listing information

Listed with LPT Realty, LLC.. MLS #2509408. Data source: Coastal Carolinas MLS. Information is deemed reliable but not guaranteed.