505 28th Ave. N Active

Myrtle Beach,SC 29577

$ 1675000

- Bed

- Bath

6226 SqFt


Key Details

Property Type Multi-Family, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 6,226 sqft

Price per Sqft $269

Subdivision Not Within A Subdivision

MLS Listing ID 2512840

Year Built 1966

Property Sub-Type Apartment

Property Description

Rare 19-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, kitchens, bathrooms, painting, fixtures and more! Situated on a generous 0.51-acre lot, this 19-unit property offers spacious studio 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, snowbirds, and long-term tenants alike. Key Highlights: 19 spacious studio units Prime 0.51-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!

Location

State SC

County Horry

Community Not Within A Subdivision

Area 16F Myrtle Beach Area--10Th Ave N To 29Th Ave N

Building/Complex Name Casa Marina

Zoning HC-2

Interior

Heating Central, Electric

Cooling Central Air

Exterior

Parking Features Other

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

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

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