Brady Milligan - Coldwell Banker Advantage West - Coldwell Banker Sea Coast Advantage Realty Logo
Price Reduced Listing
$2,090,000
 $10,902 est/mo Sourced by Back At You

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

Myrtle Beach, SC 29572

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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! 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!

Details

MLS #2512828
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1970
Days On Site455
Listing Provided ByCentury 21 Palms Realty | Nicholas Strumke

Features

SQ Feet12,000
PoolYes
Units32
ZoningWithers HT

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingCentral, Electric

Exterior

Foundation DetailsSlab
Lot FeaturesCity Lot, Irregular Lot

Parking

Parking FeaturesOther

Utilities

UtilitiesCable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available

Location

Community FeaturesPool, Long Term Rental Allowed, Short Term Rental Allowed

Area Information

StateSC
CountyHorry
CityMyrtle Beach
Zip Code29572
Area16G Myrtle Beach Area Southern Limit to 10TH Ave N
Community NameNot within a Subdivision
Sourced by Back At You

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Learn More About This Property

Brady Milligan

Brady Milligan

Coldwell Banker Advantage West

 (828) 620-8262brady@cbawest.com
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29572
Area16G Myrtle Beach Area Southern Limit to 10TH Ave N
Community NameNot within a Subdivision
Sourced by Back At You
Listing Updated: August 12, 2026 at 8:07:05 AM PDT