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For sale
  • Price cut: $20K (8/4)
    $2,670,500

    403 14th Ave. S, Myrtle Beach, SC 29572

    --beds
    --baths
    12,000sqft
    : 
    Multi Family, Apartment
    Built in 1970
    -- sqft lot
    $2,429,300 Zestimate®
    $223/sqft
    $-- HOA

    What's special

    New flooringSpacious one-bedroom apartmentsSteps from the beach
    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, snowbirds, 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!
    77 days
    on Zillow
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    264
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    20
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    Zillow last checked: 7 hours ago

    Listing updated: 9 hours ago

    Listed by:

    Nicholas G Strumke 843-655-5470,

    Century 21 Palms Realty,

    Rodica Strumke 843-455-3696,

    Century 21 Palms Realty

    Source: CCAR,MLS#: 2512828MLS LogoOriginating MLS: Coastal Carolinas Association of Realtors
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    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Heating
    • Central, Electric
    Cooling
    • Central Air
    Interior area
    • Total structure area: 12,726
    • Total interior livable area: 12,000 sqft

    Property

    Parking
    • Parking features: Other
    Features
    • Pool features: Association, Community
    Lot
    • Features: City Lot, Irregular Lot
    Details
    • Additional parcels included: ,
    • Parcel number: 44314010005
    • Zoning: Withers HT
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    • Attached to another structure: Yes
    Materials
    • Foundation: Slab
    Condition
    • Resale
    • Year built: 1970

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

    Community & HOA

    Community
    • Features: Pool, Long Term Rental Allowed, Short Term Rental Allowed
    • Subdivision: Not within a Subdivision
    HOA
    • Has HOA: No
    • Amenities included: Pool, Pet Restrictions
    Location
    • Region: Myrtle Beach

    Financial & listing details

    • Price per square foot: $223/sqft
    • Date on market: 5/22/2025
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
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