$868,000 | N/A beds | N/A full baths | N/A half baths | 2,700 sqft
Myrtle Beach, SC 29577
- MU-HZoning
- 2,700SqFt
- 8Units
- N/ASale/Rent
- N/AWet Lands
- 0.26Acres
- MLS# 2427065
- Commercial
- HotelMotel
- Sold
- Approx Time on Market6 months, 7 days
- AreaMyrtle Beach Area--10th Ave N To 29th Ave N
- CountyHorry
- Subdivision Not within a Subdivision
Overview
Prime Investment Opportunity - 8-Unit Multi-Family Complex Steps from the Ocean in Myrtle Beach Unlock the potential of Myrtle Beach’s booming real estate market with this exceptional 8-unit efficiency complex, strategically located just off North Kings Highway and only a block the beach. This rare multi-family asset offers unmatched location appeal in one of the fastest-growing coastal destinations in the Southeast, making it a smart addition to any investment portfolio. Each unit is thoughtfully designed with its own private entrance, along with interior connecting doors to allow for flexible rental configurations — ideal for maximizing occupancy and cash flow. This property is well-positioned to generate strong, consistent income year-round. With tourism at record highs, a growing year-round population, and limited inventory in this category, the timing couldn’t be better to secure a property with this kind of upside. Whether you`re a seasoned investor seeking portfolio expansion or a newcomer looking for a high-yield opportunity, this multi-unit gem offers a compelling path to both immediate returns and long-term equity growth. Don’t miss this chance to own a turn-key income producer in the heart of Myrtle Beach — one of the most dynamic and resilient rental markets on the East Coast.
Sale Info
Listing Date: 11-22-2024
Sold Date: 05-30-2025
Aprox Days on Market:
6 month(s), 7 day(s)
Listing Sold:
1 Year(s), 1 month(s), 16 day(s) ago
Asking Price: $868,000
Selling Price: $870,000
Price Difference:
Increase $2,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
New Construction: No
Num Stories: 2
Levels: Two
Year Built: 1964
Mobile Home Remains: ,No,
Zoning: MU-H
Construction Materials: Concrete, Steel
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.26
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 8
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2025-05-30T00:00:00
Sqft Info
Sqft: 2700
Tax Info
Unit Info
Utilities / Hvac
Cooling: CentralAir
Electric On Property: No
Cooling: Yes
Sewer: PublicSewer
Heating: No
Waterfront / Water
Waterfront: No
Directions
Turn of N Kings Highway onto 24th Ave N in Myrtle Beach. Make a right turn on Withers Drive and the property is on the right side of the road.Courtesy of Century 21 Broadhurst
MLS# 921972 
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