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    404 2Nd Ave N Myrtle Beach, SC 29577

    For Sale
    $4,500,000

    Apartments - Myrtle Beach, SC

    Days on Market:
    45
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 404 2Nd Ave N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm
    Parking features
    Other
    Interior features
    Fire Alarm, Fire Walls, Smoke/Heat Detector, Sprinkler System
    Exterior features
    Fire Walls, Smoke/Heat Detector, Sprinkler System

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2022
    Number of units
    10
    Building materials
    Brick, Brick Veneer, Frame
    Architectural style
    Other

    Own Myrtle Real Estate, LLC (843) 855-5570 [email protected]

    Listing agent Ester Esti Simantov (843) 855-5570

    Listing date Oct 23, 2025

    MLS# 2524751 Listing URL

    Copyright © 2025 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.

    Overview

    Myrtle Beach Apartments Near Beach

    This is a rare opportunity to acquire a newly built cluster of ten, fully licensed, 4-bedroom apartments suitable for short-term rentals. The property is located in Myrtle Beach, SC, and is situated steps from the beach. Each unit is fully furnished and ready for immediate operation. The property offers strong income potential and future upside.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.89027
    Latitude
    33.68422

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    FAQs

    What type of property is this?
    Apartment building - Ten newly built, fully furnished short-term rental apartments 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 $4,500,000.
    What are key features of this property?
    This property features: - Newly built cluster of ten 4-bedroom apartments; - Fully licensed for short-term rentals; - Steps from the beach
    (843) 855-5570
    Request Owner's contact information
    404 2Nd Ave N Myrtle Beach, SC 29577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    404 2Nd Ave N Myrtle Beach, SC 29577
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