403 14th Ave. S | Myrtle Beach | $2,350,000

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403 14th Ave. S Myrtle Beach, SC 29572 $2,350,000

12,000 SQ. FT.

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403 14th Ave. SMyrtle Beach, SC 29572

For SALE ACTIVE

$2,350,000

EST. 5,915.50/MO CALCULATE

12,000 SQ. FT.

Property Description

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! Dont 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 youre looking to expand your portfolio or break into one of the Southeasts 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 dont 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

MLS ID2512828
Property TypeMulti Unit - Multiple
Association AmenitiesPool, Pet Restrictions
Community FeaturesPool, Long Term Rental Allowed, Short Term Rental Allowed
CoolingCentral Air
Days on Site374
HeatingCentral, Electric
HOA Fee0/ Monthly
Lot DescriptionCity Lot, Irregular Lot
Parcel#44314010005
ParkingOther
Parking NotesOther
Pets AllowedOwner Only, Yes
PoolAssociation, Community
Swimming PoolYes
Units32
UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available
WaterPublic
Year Built1970

Listed By / Shown By

Listed By

Agency Name: Century 21 Palms Realty
Agency Phone: 843-310-6855

CCAR MLS

Shown By

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

CCAR MLS

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