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Myrtle Beach Multifamily Investment Opportunity

404 14th Ave. S Myrtle Beach, SC 29577

Claim this Listing
For Sale
$1,250,000

MULTI_FAMILY - Myrtle Beach, SC

Type:Apartment
Property size:
6,736 SF
Price / SF:
$185/SF
Added:
Feb 9, 2026
Days on Market:
152
Last Refresh:
Jul 11 at 8:06 am

Property Features for 404 14th Ave. S

General Information

Property type
Residential Multi Family
Property subtype
Apartment
Parking features
Assigned
Standard status
Active
Size
6,736 SF

Utilities

Utilities
Cable Available

Building Details

Year built
1954
Number of units
16

Listing agent Jeff Forman License #111037

Listing office Keller Williams The Forturro Group Myrtle Beach, SC

Listing date Feb 9, 2026

MLS# 2603478 Listing URL

Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 16-unit multifamily property is located a short walk from the ocean in Myrtle Beach. The unit mix consists of 9 efficiency units and 7 one-bedroom units. 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 coastal location within an area experiencing continued redevelopment and investment activity. 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. The property size is 6736 square feet.

Key Highlights

  • Prime location: Short walk to the ocean in the heart of Myrtle Beach.
  • 16 Units: Multifamily property provides immediate cash flow with future upside.
  • Diversified Unit Mix: Consists of 9 efficiency units and 7 one‑bedroom units.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Belvedere Motel Hotel & Motel Peacebringers Cooperative Meditation Instructor

Suggested Use

Dental Office Hair Salon (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Nail Salon Kitchen & Bath Showroom Spa & Massage Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 16-unit multifamily property near the ocean in Myrtle Beach.
Where is this apartment building located?
The property is located at 404 14th Ave. S Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Prime location: Short walk to the ocean in the heart of Myrtle Beach.; 16 Units: Multifamily property provides immediate cash flow with future upside.; Diversified Unit Mix: Consists of 9 efficiency units and 7 one‑bedroom units.
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