$1,500,000
$175K PRICE DROP

Estimated payment $9,784/month

Total Views 3,872
-- Bed
-- Bath
6,226 Sq Ft
$241 Price per Sq Ft

About This Home

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!

Listing Agent

Nick Strumke

Century 21 Palms Realty License #90435 Listed on: 05/22/2025

Century 21 Palms Realty

Co-Listing Agent

Rodica Strumke

Century 21 Palms Realty License #131610

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1966

Home Design

  • 6,226 Sq Ft Home
  • Slab Foundation

Schools

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

Utilities

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

Additional Features

  • Rectangular Lot
  • East of US 17

Community Details

  • 19 Units
  • Casa Marina Condos

Property Details

Home Type

Apartment

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1966
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 05/22/2025
  • Sold Total Heated Sq Ft: 6226
  • Sold Total Sq Ft: 6226
  • Total Heated Sq Ft: 6226
  • Complex Name: Casa Marina
  • Estimated Gross Scheduled Rent: 215,000 - 250,000
  • Numberefficiency: 19
  • Utilities Owner Pays: Electric, Water/Sewer, Trash
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Total Sq Ft: 6226

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

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

Schools

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

Lot Info

  • Lot Location: East Of Bus. 17, Inside City Limits
  • Zoning: HC-2

Multi Family

  • Number Of Units: 19
  • Efficiency Rent Range: 1100

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $1,500,000 -10.4% $241 / Sq Ft
05/22/2025 05/22/25 For Sale $1,675,000 -- $269 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2512840

Coastal Carolinas Association of REALTORS®