404 14th Ave. S, Myrtle Beach

$1,250,000

0 Bed
0 Bath
6,736 Sqft
0 Acre
0 Garage

Investment Opportunity | 16-Unit Multifamily | 404 14th Ave S, Myrtle Beach, SC 29577 Located just a short walk from the ocean in the heart of Myrtle Beach, this 16-unit multifamily property presents a compelling opportunity for investors seeking immediate cash flow with future upside. The unit mix consists of 9 efficiency units and 7 one-bedroom units, offering a diversified rental profile that caters well to workforce housing, seasonal demand, and beach-area renters. The property’s proximity to the beach, dining, entertainment, and major employment centers supports strong tenant demand and long-term occupancy stability. The asset benefits from its prime coastal location within an area experiencing continued redevelopment and investment activity, positioning it well for appreciation and rent growth over time. The efficient unit layouts provide strong rent-per-square-foot performance, while the density of 16 units allows for operational economies of scale. There is potential for value-add through interior renovations, modernization of common areas, and improved management strategies, offering a pathway to increase net operating income and overall asset value. This property is well-suited for investors seeking a stabilized multifamily asset with the added optionality of exploring alternative operating strategies, subject to local regulations and approvals. With limited multifamily inventory this close to the ocean, opportunities to acquire assets of this size and unit count in Myrtle Beach remain increasingly scarce. This offering represents a strategic acquisition for both seasoned multifamily investors and those looking to expand their coastal South Carolina portfolio.

Essential Information
MLS® #2603478
Price$1,250,000
Bathrooms0.00
Square Footage6,736
Year Built1954
TypeResidential
Sub-TypeApartment
StatusActive
Community Information
Address404 14th Ave. S
SubdivisionNot within a Subdivision
CityMyrtle Beach
CountyHorry
StateSC
Zip Code29577
Area

16G Myrtle Beach Area--Southern Limit to 10TH Ave N

Amenities
ParkingAssigned
Amenities

Owner Allowed Motorcycle, Pet Restrictions, Tenant Allowed Motorcycle

Utilities

Cable Available, Electricity Available, Phone Available, Water Available

Interior
HeatingElectric
CoolingWall/Window Unit(s)
Exterior
ExteriorBlock, Concrete, Steel
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 Website14
ZoningMF
HOA Fees Freq.Monthly
Listing Details
OfficeKeller Williams The Forturro G
LISTING MAP

Get directions to this property:

Properties for Sale Similar to 404 14th Ave. S, Myrtle Beach, SC

Photo of Listing #2602705

906 3rd Ave. N, Myrtle Beach

$1,339,900 - 13,200 Sf

MLS® # 2602705

Keller Williams The Forturro GCoastal Carolinas Association of Realtors Logo
Photo of Listing #2600707

604 19th Ave. N, Myrtle Beach

$1,029,900 - 8,184 Sf

MLS® # 2600707

Keller Williams The Forturro GCoastal Carolinas Association of Realtors Logo
Photo of Listing #2600318

1308 Dunbar St., Myrtle Beach

$1,330,000 - 9,999 Sf

MLS® # 2600318

Keller Williams The Forturro GCoastal Carolinas Association of Realtors Logo

© Copyright 2026 of the Coastal Carolinas Association of REALTORS® MLS.

Coastal Carolinas Association of Realtors Logo IDX information is provided by the Coastal Carolinas Association of REALTORS® for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, data is deemed reliable but is not guaranteed accurate by the MLS.