Viewing Listing MLS# 2507966
Myrtle Beach, SC 29577
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 25,011SqFt
- 1968Year Built
- 0.00Acres
- MLS# 2507966
- Residential
- Other
- Active
- Approx Time on Market8 months, 21 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- Subdivision Not within a Subdivision
Overview
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 Beach's 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.
Agriculture / Farm
Association Fees / Info
Hoa Frequency: Monthly
Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
Assoc Amenities: OwnerAllowedMotorcycle, TenantAllowedMotorcycle
Bathroom Info
Total Baths: 0.00
Bedroom Info
Building Info
Year Built: 1968
Zoning: TA -120
Construction Materials: BrickVeneer, Block, Concrete, Steel
Buyer Compensation
Exterior Features
Foundation: Slab
Financial
Garage / Parking
Parking Type: Other
Green / Env Info
Interior Features
Lot Info
Acres: 0.00
Lot Description: CityLot, Rectangular, RectangularLot
Misc
Offer Compensation
Other School Info
Property Info
County: Horry
Number of Units Total: 67
Stipulation of Sale: None
Property Sub Type Additional: MultiFamily,Other
Security Features: FireAlarm, FireSprinklerSystem
Construction: Resale
Room Info
Sold Info
Sqft Info
Building Sqft: 28190
Living Area Source: PublicRecords
Sqft: 25011
Tax Info
Unit Info
Utilities / Hvac
Heating: Electric
Cooling: WallWindowUnits
Cooling: Yes
Utilities Available: CableAvailable, ElectricityAvailable, Other, SewerAvailable, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront / Water
Schools
Elem: Myrtle Beach Elementary School
Middle: Myrtle Beach Middle School
High: Myrtle Beach High School
Directions
Located at the corner of Ocean Blvd and 21st Ave S.Courtesy of Realty One Group Dockside





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