404 14th Ave. S, Myrtle Beach, SC 29577
Local realty services provided by:CENTURY 21 Boling & Associates, Inc.
404 14th Ave. S,Myrtle Beach, SC 29577
$1,250,000
- - Beds
- - Baths
- 7,985 sq. ft.
- Multi-family
- Active
Listed by: jeff forman
Office: keller williams the forturro g
MLS#:2603478
Source:SC_CCAR
Price summary
- Price:$1,250,000
- Price per sq. ft.:$156.54
About this home
Investment Opportunity | 16-Unit Multifamily | 404 14th Ave S, Myrtle Beach, SC 29577 Located just a short walk from the ocean in the heart of Myrtle Beach, this 16-unit multifamily property presents a compelling opportunity for investors seeking immediate cash flow with future upside. The unit mix consists of 9 efficiency units and 7 one-bedroom units, offering a diversified rental profile that caters well to workforce housing, seasonal demand, and beach-area renters. The property’s proximity to the beach, dining, entertainment, and major employment centers supports strong tenant demand and long-term occupancy stability. The asset benefits from its prime coastal location within an area experiencing continued redevelopment and investment activity, positioning it well for appreciation and rent growth over time. The efficient unit layouts provide strong rent-per-square-foot performance, while the density of 16 units allows for operational economies of scale. There is potential for value-add through interior renovations, modernization of common areas, and improved management strategies, offering a pathway to increase net operating income and overall asset value. This property is well-suited for investors seeking a stabilized multifamily asset with the added optionality of exploring alternative operating strategies, subject to local regulations and approvals. With limited multifamily inventory this close to the ocean, opportunities to acquire assets of this size and unit count in Myrtle Beach remain increasingly scarce. This offering represents a strategic acquisition for both seasoned multifamily investors and those looking to expand their coastal South Carolina portfolio....
Contact an agent
Home facts
- Year built:1954
- Listing ID #:2603478
- Added:138 day(s) ago
- Updated:June 27, 2026 at 05:26 PM
Rooms and interior
- Living area:7,985 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Electric
Structure and exterior
- Year built:1954
- Building area:7,985 sq. ft.
- Lot Features:City Lot, Rectangular
- Construction Materials:Block, Concrete, Steel
- Foundation Description:Slab
Schools
- High school:Myrtle Beach High School
- Middle school:Myrtle Beach Middle School
- Elementary school:Myrtle Beach Elementary School
Utilities
- Water:Public, Water Available
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$156.54
Parking
- Parking description:Assigned
New listings near 404 14th Ave. S
- New
$430,000Active4 beds 3 baths2,745 sq. ft.912 Laurens Mill Dr., Myrtle Beach, SC 29579
MLS# 2616267Listed by: JTE REAL ESTATE - New
$224,900Active2 beds 2 baths1,200 sq. ft.4725 Wild Iris Dr. #30-202, Myrtle Beach, SC 29577
MLS# 2616269Listed by: RESOURCEFUL REALTY - New
$314,900Active3 beds 2 baths1,805 sq. ft.305 Troon Ln., Myrtle Beach, SC 29575
MLS# 2616272Listed by: SLOAN REALTY GROUP - New
$265,000Active3 beds 2 baths1,708 sq. ft.22 Foxcroft Ln., Myrtle Beach, SC 29577
MLS# 2616273Listed by: CRG HOMES
$400,184Pending3 beds 2 baths2,360 sq. ft.5032 Jockey Way, Myrtle Beach, SC 29588
MLS# 2616236Listed by: BEAZER HOMES LLC
$386,447Pending3 beds 2 baths2,360 sq. ft.5040 Jockey Way, Myrtle Beach, SC 29588
MLS# 2616237Listed by: BEAZER HOMES LLC
$545,190Pending3 beds 4 baths3,606 sq. ft.1491 Winding Creek Way, Myrtle Beach, SC 29588
MLS# 2616238Listed by: PULTE HOME COMPANY, LLC
$543,715Pending3 beds 4 baths3,606 sq. ft.676 Palm Bay Dr., Myrtle Beach, SC 29588
MLS# 2616239Listed by: PULTE HOME COMPANY, LLC
$520,690Pending2 beds 3 baths2,936 sq. ft.392 River Edge Dr., Myrtle Beach, SC 29588
MLS# 2616241Listed by: PULTE HOME COMPANY, LLC
$613,680Pending3 beds 4 baths4,047 sq. ft.924 Sunset Bay Dr., Myrtle Beach, SC 29588
MLS# 2616242Listed by: PULTE HOME COMPANY, LLC