Viewing Listing MLS# 2512840

$1,300,000 | N/A beds | N/A full baths | N/A half baths | 6,226 sqft

$1,138,500
505 28th Ave. N
Myrtle Beach, SC 29577
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 6,226SqFt
  • 1966Year Built
  • 0.00Acres
  • MLS# 2512840
  • Residential
  • Apartment
  • Sold

  • Approx Time on Market8 months, 28 days
  • AreaMyrtle Beach Area--10th Ave N To 29th Ave N
  • CountyHorry
  • Subdivision Not within a Subdivision

Overview

PRICE REDUCED! 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!



Sale Info

Listing Date: 05-22-2025

Sold Date: 02-20-2026

Aprox Days on Market: 
    8 month(s), 28 day(s)

Listing Sold: 
    4 month(s), 18 day(s) ago

Asking Price: $1,300,000

Selling Price: $1,138,500

Price Difference: 
Reduced By $161,500

Agriculture / Farm

Horse:  No

Association Fees / Info

Hoa Frequency:  Monthly

Hoa:  No

Bathroom Info

Total Baths:  0.00

Bedroom Info

Building Info

New Construction:  No

Year Built:  1966

Zoning:  HC-2

Buyer Compensation

Exterior Features

Spa:  No

Foundation:  Slab

Financial

Garage / Parking

Garage:  No

Carport:  No

Parking Type:  Other

Open Parking:  No

Attached Garage:  No

Green / Env Info

Interior Features

Fireplace:  No

Lot Info

Acres:  0.00

Land Lease:  No

Lot Description:  CityLot, Rectangular, RectangularLot

Misc

Pool Private:  No

Offer Compensation

Other School Info

Property Info

County:  Horry

View:  No

Number of Units Total:  19

Senior Community:  No

Stipulation of Sale:  None

Property Sub Type Additional:  Apartment,MultiFamily

Property Attached:  No

Rent Control:  No

Construction:  Resale

Room Info

Sold Info

Sold Date:  2026-02-20T00:00:00

Sqft Info

Total Sqft:  6226

Living Area Source:  Other

Sqft:  6226

Tax Info

Unit Info

Utilities / Hvac

Heating:  Central, Electric

Cooling:  CentralAir

Electric On Property:  No

Cooling:  Yes

Utilities Available:  CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable

Heating:  Yes

Water Source:  Public

Waterfront / Water

Waterfront:  No

Courtesy of Century 21 Palms Realty 

Mortgage Calculator

%
$
%
Dollars per $1000
$
Approximate Monthly Payment 0.0
On carol-burchfield.idxframes.com since Thu, May 22nd 2025
No Property History recorded for this listing.

Broker Reciprocity Provided courtesy of © Copyright 2026 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2026 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. MLS IDX data last updated on 07-07-2026 11:46 PM EST.
Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
This real estate website and IDX data is Powered & Hosted by Dynamic IDX, LLC Real Estate Web Solutions

Real Estate Websites by Dynamic IDX, LLC