304 2nd Ave. N
Myrtle Beach, SC, 29577 $ 685,000
Baths0.0 Sq 3,705 Monthly Estimate*
$ 4,218
Studio for $685,000. This 3,705 square foot apartment was built in 1956.
Prime multifamily investment opportunity in the heart of Myrtle Beach! Located at 304 2nd Ave N, this well-positioned property consists of seven income-producing units in two separate buildings, ideally situated east of Highway 17 and just a block from the beach, boardwalk, 2nd Ave Pier, dining, and entertainment. The unit mix offers excellent rental flexibility and demand, featuring three 2-bedroom units, one 1-bedroom units, and three efficiencies, making this an ideal asset for both long-term and short-term rental strategies. Short-term rentals are permitted, though the property is currently leased to long-term tenants, providing immediate and consistent cash flow. Located within a designated Opportunity Zone, this asset offers potential tax advantages and long-term appreciation benefits for investors seeking to maximize returns. With strong rental demand, central location, and proximity to all Myrtle Beach attractions, this property is positioned for both stability and upside. Whether you’re looking for a performing income property, a value-add opportunity, or a future short-term rental conversion, this centrally located multifamily delivers versatility, cash flow, and long-term growth potential in one of the Grand Strand’s most active rental markets. Don’t miss your chance to own a rare 7-unit asset in Downtown Myrtle Beach for an incredible price — opportunities like this are increasingly hard to find.
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FeaturesGeneralHeating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Available Sewer Available Water Available
Possession Closing
Zoning MU-H
HOA Fee 0
Security Features Heat Detector Smoke Detector(s)
Construction Materials Vinyl Siding Wood Frame
Year Built 1956
Property Subtype Apartment
Community Features Long Term Rental Allowed Short Term Rental Allowed
Assoc Fee Paid Per Monthly
County Horry
Property Type Residential
HOA false
Subdivision Name Not within a Subdivision
Status Active
High School Myrtle Beach High School
City Myrtle Beach
Number Of Units Total 7
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
Ok to Lease 12 Months
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 Rectangular Rectangular Lot
Water Source Public
Foundation Details Slab
Building Area Total 3705
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* Excluded FeaturesList ByKeller Williams The Forturro GBroker
Affordability Calculator
- Monthly Principal & Interest
- $4,218
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 |
|---|
| 1/3/2026 | $685,000 | | Listed Price |