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10-Unit Furnished Apartment Building
For Sale
$3,999,000

404 2nd Ave. N, Myrtle Beach, SC 29577

MULTI-FAMILY, Myrtle Beach, SC

Property Size11,000 SF
Price / SF$363.55
Days on Market334

Property Features for 404 2nd Ave. N

General Information

Property type Residential Multi Family
Property subtype Apartment
Subdivision Hotel Section
Lot features East of Bus. 17
Elementary school Myrtle Beach Elementary School
Middle school Myrtle Beach Middle School
High school Myrtle Beach High School
Standard status Active
Size 11,000 SF

Building Details

Year built 2022
Number of units 10
Listing Agency: Own Myrtle Real Estate
Listed By: Ester Esti Simantov
Added: Oct 10, 2025 Changed: Aug 19 Last Checked: Sep 8 at 7:06AM
MLS# 2524751

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.

Built in 2022, this 11,000-square-foot apartment property contains ten four-bedroom units configured for short-term rental use. The apartments are fully furnished, and the property is fully licensed for operation, allowing the asset to function as an established hospitality-oriented residential property rather than an unfinished development.

The property is located at 404 2nd Ave. N in Myrtle Beach, South Carolina, with the beach positioned steps away. Its combination of apartment-scale accommodations, furnishings, licensing, and coastal proximity supports continued use as a short-term rental property.

Key Highlights

  • Ten 4‑bedroom apartments
  • 11,000 square feet across the property
  • Built in 2022

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Pharmacy Electrical Service Locksmith HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units

Location Intelligence

Trade Area within ½ mile

1,380
Businesses Nearby

Demographics for 29577, SC

34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Licensed short-term rental property with furnished accommodations near the beach.
Where is this apartment building located?
The property is located at 404 2nd Ave. N Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Ten 4‑bedroom apartments; 11,000 square feet across the property; Built in 2022
More about this property
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