Recent Posts RSSViewing Listing MLS# 2603478
Myrtle Beach, SC 29577
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 6,736SqFt
- 1954Year Built
- 0.00Acres
- MLS# 2603478
- Residential
- Apartment
- Active
- Approx Time on Market1 month, 13 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- Subdivision Not within a Subdivision
Overview
Investment Opportunity | 16-Unit Multifamily | 404 14th Ave S, Myrtle Beach, SC 29577 Located just a short walk from the ocean in the heart of Myrtle Beach, this 16-unit multifamily property presents a compelling opportunity for investors seeking immediate cash flow with future upside. The unit mix consists of 9 efficiency units and 7 one-bedroom units, offering a diversified rental profile that caters well to workforce housing, seasonal demand, and beach-area renters. The propertys proximity to the beach, dining, entertainment, and major employment centers supports strong tenant demand and long-term occupancy stability. The asset benefits from its prime coastal location within an area experiencing continued redevelopment and investment activity, positioning it well for appreciation and rent growth over time. The efficient unit layouts provide strong rent-per-square-foot performance, while the density of 16 units allows for operational economies of scale. There is potential for value-add through interior renovations, modernization of common areas, and improved management strategies, offering a pathway to increase net operating income and overall asset value. This property is well-suited for investors seeking a stabilized multifamily asset with the added optionality of exploring alternative operating strategies, subject to local regulations and approvals. With limited multifamily inventory this close to the ocean, opportunities to acquire assets of this size and unit count in Myrtle Beach remain increasingly scarce. This offering represents a strategic acquisition for both seasoned multifamily investors and those looking to expand their coastal South Carolina portfolio.
Agriculture / Farm
Association Fees / Info
Hoa Frequency: Monthly
Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
Assoc Amenities: OwnerAllowedMotorcycle, PetRestrictions, TenantAllowedMotorcycle
Bathroom Info
Total Baths: 0.00
Bedroom Info
Building Info
Year Built: 1954
Zoning: MF
Construction Materials: Block, Concrete, Steel
Buyer Compensation
Exterior Features
Foundation: Slab
Financial
Garage / Parking
Parking Type: Assigned
Green / Env Info
Interior Features
Lot Info
Acres: 0.00
Lot Description: CityLot, Rectangular, RectangularLot
Misc
Pets Allowed: OwnerOnly, Yes
Offer Compensation
Other School Info
Property Info
County: Horry
Number of Units Total: 16
Stipulation of Sale: None
Property Sub Type Additional: Apartment,MultiFamily
Security Features: HeatDetector, SmokeDetectors
Construction: Resale
Room Info
Sold Info
Sqft Info
Building Sqft: 7985
Living Area Source: PublicRecords
Sqft: 6736
Tax Info
Unit Info
Utilities / Hvac
Heating: Electric
Cooling: WallWindowUnits
Cooling: Yes
Utilities Available: CableAvailable, ElectricityAvailable, PhoneAvailable, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront / Water
Schools
Elem: Myrtle Beach Elementary School
Middle: Myrtle Beach Middle School
High: Myrtle Beach High School
Courtesy of Keller Williams The Forturro G
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Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. MLS IDX data last updated on 03-22-2026 10:15 AM EST.
Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.