505 28th Ave. N, Myrtle Beach

$1,675,000

0 Bed
0 Bath
6,226 Sqft
0 Acre
0 Garage

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!

Essential Information
MLS® #2512840
Price$1,675,000
Bathrooms0.00
Square Footage6,226
Acres0.00
Year Built1966
TypeResidential
Sub-TypeApartment
StatusActive
Community Information
Address505 28th Ave. N
SubdivisionNot within a Subdivision
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29577
Area

16F Myrtle Beach Area--10th Ave N to 29th Ave N

Amenities
ParkingOther
Utilities

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

Interior
HeatingCentral, Electric
CoolingCentralAir
Exterior
FoundationSlab
Lot Description

City Lot, Rectangular, Rectangular Lot

School Information
ElementaryMyrtle Beach Elementary School
MiddleMyrtle Beach Middle School
HighMyrtle Beach High School
Additional Information
Days on Website25
ZoningHC-2
Listing Details
OfficeCentury 21 Palms Realty
LISTING MAP

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