$1,850,000
$100K PRICE DROP

Estimated payment $11,758/month

Total Views 3,584
Studio
-- Bath
6,063 Sq Ft
$305 Price per Sq Ft

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

Just one block from the beach in the heart of Myrtle Beach, this fully renovated 9-unit boutique coastal property offers a rare turnkey opportunity with strong income potential and beautiful ocean views. Every unit features a private balcony facing the ocean, creating a consistent, sought-after guest experience, while on-site laundry facilities add everyday convenience. Recently transformed with extensive upgrades---including a new commercial roof, modern kitchens and baths, stylish furnishings, smart lock systems, and property-wide WiFi---the heavy lifting has already been done, allowing for immediate operation with minimal near-term maintenance concerns. The unit mix of eight 1-bedroom units and one 2-bedroom unit is ideal for any investor, and perfectly aligns with the area's steady year-round tourism demand along the Grand Strand. Located close to beaches, golf courses, dining, shopping, and popular attractions, this property offers both an exceptional guest experience and the flexibility to continue as a successful short-term rental or evolve into a boutique hospitality or bed-and-breakfast concept---blending prime location, modern updates, and long-term upside into one compelling coastal investment.

Listing Agent

The Mills Group

Century 21 Barefoot Realty Listed on: 03/23/2026

Century 21 Barefoot Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1985

Home Design

  • 6,063 Sq Ft Home
  • Brick Exterior Construction
  • Raised Foundation
  • Wood Frame Construction

Parking

  • Carport
  • Assigned Parking

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Additional Features

  • Laundry Room
  • Rectangular Lot
  • East of US 17

Community Details

  • 9 Units

Listing and Financial Details

  • Long Term Rental Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1985

Lot Details

0.84 Acres

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Laundry Room, Short Term Rental Allowed, Long Term Rental Allowed, Owner Allowed Motorcycle, Tenant Allowed Motorcycle
  • Estimated Year Built: 1985
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 03/23/2026
  • Total Heated Sq Ft: 6063
  • Number1 Br Units: 8
  • Number2 Br Units: 1
  • Geo Subdivision: SC
  • Section Subdivision: East Chester
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1985

Interior Features

  • Total Sq Ft: 6063

Exterior Features

  • Exterior Finish: Wood Frame, Brick Veneer
  • Foundation: Raised Beach

Garage/Parking

  • Type: Apartments
  • Parking: Carport, Assigned Parking

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public
  • Heating Cooling: Central Heat, Central Air, Electric

Lot Info

  • Lot Location: East Of Bus. 17, East Of Highway 17 Bypass
  • Zoning: MU-H

Multi Family

  • Number Of Units: 9

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,693 $0 $0 $0
2024 $22,693 $145,462 $52,072 $93,390
2023 $22,693 $77,502 $37,427 $40,075
2021 $20,941 $99,493 $43,393 $56,100
2020 $19,972 $99,493 $43,393 $56,100
2019 $19,972 $99,493 $43,393 $56,100
2018 $17,926 $68,665 $32,545 $36,120
2017 $17,724 $68,665 $32,545 $36,120
2016 -- $68,665 $32,545 $36,120
2015 $17,521 $68,666 $32,546 $36,120
2014 $17,036 $68,666 $32,546 $36,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/27/2026 04/27/26 Price Changed $1,850,000 -5.1% $305 / Sq Ft
03/23/2026 03/23/26 For Sale $1,950,000 +23.8% $322 / Sq Ft
10/28/2022 10/28/22 Sold $1,575,000 -10.0% $205 / Sq Ft View Prior Sale
07/28/2022 07/28/22 For Sale $1,750,000 0.0% $228 / Sq Ft
03/11/2019 03/11/19 Rented $825 0.0% --
02/26/2019 02/26/19 For Rent $825 0.0% --
06/21/2012 06/21/12 Sold $300,000 -14.3% $76 / Sq Ft View Prior Sale
05/06/2012 05/06/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $349,899 -- $89 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $690,000 --
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2607498

Coastal Carolinas Association of REALTORS®

APN: 42415020012

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