403 14th Ave. S
Myrtle Beach, SC, 29572 $ 2,400,000
Baths0.0 Sq 12,000 Monthly Estimate*
$ 14,973
Studio for $2,400,000. This 12,000 square foot apartment was built in 1970.
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, snowbirds, 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!
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FeaturesGeneralHeating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Available Phone Available Sewer Available Underground Utilities Water Available
Possession Closing
Zoning Withers HT
HOA Fee 0
Pool Features Association Community
Pets Allowed Owner Only Yes
Year Built 1970
Property Subtype Apartment
Community Features Pool Long Term Rental Allowed Short Term Rental Allowed
Assoc Fee Paid Per Monthly
County Horry
Property Type Residential
Association Amenities Pool Pet Restrictions
HOA false
Subdivision Name Not within a Subdivision
Status Active
High School Myrtle Beach High School
City Myrtle Beach
Number Of Units Total 32
MLS Area 16G Myrtle Beach Area--Southern Limit to 10TH Ave N
Elementary School Myrtle Beach Elementary School
Middle/Junior High School Myrtle Beach Middle School
Property Condition Resale
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Apartment Multi Family
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InteriorAir Conditioning Y/N true
Heating Y/N true
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ExteriorParking Features Other
Lot Features City Lot Irregular Lot
Water Source Public
Foundation Details Slab
Building Area Total 12726
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* Excluded FeaturesList ByCentury 21 Palms RealtyBroker
nstrumke@palmshome.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,973
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyAbout Myrtle Beach, SC 36,371 Population
51% Since 2002
$ 41,847 Median Income
40.83 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Myrtle Beach High School High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/6/2025 | $2,400,000 | -2.04% | Price Down |
| 10/22/2025 | $2,450,000 | -2.00% | Price Down |
| 10/21/2025 | $2,500,000 | | Listed Price |