2010 S Ocean Blvd. Active Save Request In-Person Tour Request Virtual Tour
Myrtle Beach,SC 29577
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 25,011 sqft
Price per Sqft $289
Subdivision Not Within A Subdivision
MLS Listing ID 2507966
Year Built 1968
Property Sub-Type Other
Property Description
Presenting an exceptional investment opportunity at 2010 S. Ocean Blvd, Myrtle Beach, SC 29577—a 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.
Location
State SC
County Horry
Community Not Within A Subdivision
Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N
Zoning TA -120
Interior
Heating Electric
Cooling Wall/ Window Unit(s)
Exterior
Parking Features Other
Community Features Long Term Rental Allowed,Short Term Rental Allowed
Utilities Available Cable Available, Electricity Available, Other, Sewer Available, Water Available
Amenities Available Owner Allowed Motorcycle,Tenant Allowed Motorcycle
Building
Lot Description City Lot, Rectangular, Rectangular Lot
Foundation Slab
Water Public
Schools
Elementary Schools Myrtle Beach Elementary School
Middle Schools Myrtle Beach Middle School
High Schools Myrtle Beach High School
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None