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403 14th Ave. S

Myrtle Beach, SC 29572
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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 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!

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Detail Ic Property Details

Property Type : Residential

Price : $2,350,000

AD Id : 64886665

MLS Id : 2512828

Living Area Size : 12,000

Year Built : 1970

County : Horry

Subdivision: Not Within A Subdivision

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 1970
    Building Area Total: 12726
    Pool Features: Association, Community
    Private Pool: No
    Association Fee Frequency: Monthly

  • Lot Information

    Lot Description: CityLot,IrregularLot

    Property Information

    Subdivision: Not within a Subdivision Source Property Type: Residential Property SubType: Apartment Property Age: 56

  • Listing Price Information

    Listing Price: $2350000
    Original Price: $2890000
    Cash, Conventional

  • Tax Information

    Parcel Number: 44314010005

  • Parking Information

    Other

    Garage Information

    Pets Allowed: OwnerOnly, Yes

    Homeowners Association Information

    Association Amenities: Pool, PetRestrictions
    Community Features: Pool, LongTermRentalAllowed, ShortTermRentalAllowed

  • School Information

    Elementary School: Myrtle Beach Elementary School Junior High School: Myrtle Beach Middle School Senior High School: Myrtle Beach High School
  • Utility Information

    CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
6501 Somerset Dr., Myrtle Beach, SC, 29572 $1,090,000 -- -- 4,960 4,960 SqFt

The information being provided by CCAR is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the CCAR. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by CCAR.

ByOwner last updated this listing 06/06/2026 @ 09:14

MLS: 2512828 LISTED BY: Nicholas Strumke, Century 21 Palms Realty 843-310-6855 SOURCE: CCAR

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