2010 S Ocean Blvd. | Myrtle Beach | $6,750,000

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2010 S Ocean Blvd. Myrtle Beach, SC 29577 $6,750,000

25,011 SQ. FT.

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2010 S Ocean Blvd. Myrtle Beach, SC 29577

For SALE ACTIVE

$6,750,000

EST. 16,991.32/MO CALCULATE

25,011 SQ. FT.

Property Description

Presenting an exceptional investment opportunity at 2010 S. Ocean Blvd, Myrtle Beach, SC 29577a fully renovated 68-unit multifamily property situated directly on Ocean Boulevard. Occupying a prominent corner lot, this offering includes an additional parcel currently utilized as a parking lot, totaling approximately 0.70 acres in one of Myrtle Beachs most desirable markets, just steps away from the Atlantic Ocean. The property offers One bedroom units and Studio units. Comprehensive Renovations (2023-2024): Plumbing: Installation of new PEX water lines throughout the building. Fire Safety: Implementation of a new sprinkler system and fire alarm installation; servicing of all standpipes with AAA Fire Protection. Interior Upgrades: Drywall and interior painting; replacement of kitchen cabinets and countertops in most units; installation of new PTAC AC units. Exterior Enhancements: Exterior painting and stucco. Mechanical Systems: Elevator repairs by Calvinder Elevator company, installation of a new 120-gallon boiler. Parking & Landscaping: Development of a new parking lot on Cassandra Lane; landscaping completed per City of Myrtle Beach approved plans. Appliances: Upgraded appliances throughout the units. Detailed financial documents, including Profit & Loss statements, Capital Expenditure reports, and Rent Rolls, are available and will be shared with qualified buyers upon request. This property represents a turnkey investment in a prime coastal location, offering significant recent upgrades. This is one of only a few Multifamily buildings allowed on Ocean Blvd. Please contact the listing agent to schedule a showing appointment.

Property Details

MLS ID2600580
Property TypeResidential -
Association AmenitiesOwner Allowed Motorcycle, Tenant Allowed Motorcycle
Community FeaturesLong Term Rental Allowed, Short Term Rental Allowed
CoolingWall/Window Unit(s)
Days on Site84
ExteriorBrick Veneer, Block, Concrete, Steel
HeatingElectric
HOA Fee0/ Monthly
Lot DescriptionCity Lot, Rectangular, Rectangular Lot
Parcel#44502020322
ParkingOther
Parking NotesOther
SecurityFire Alarm, Fire Sprinkler System
Units67
UtilitiesCable Available, Electricity Available, Other, Sewer Available, Water Available
WaterPublic
Year Built1968

Listed By / Shown By

Listed By

Agency Name: Realty ONE Group Dockside
Agency Phone: 843-492-4030

CCAR MLS

Shown By

Agency Title: Carolina One Real Estate
Agency Phone: (843) 203-5016

CCAR MLS

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