519 34th Ave. N Myrtle Beach, SC 29577
MULTI_FAMILY - Myrtle Beach, SC
- Added:
- Feb 5, 2026
- Days on Market:
- 155
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features for 519 34th Ave. N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Parking features
- Assigned
- Standard status
- Active
- Size
- 3,000 SF
Building Details
- Year built
- 1984
- Number of units
- 5
Listing agent Ken Marlowe (843) 902-3325
Listing office H. B. Springs Co. Real Estate Myrtle Beach, SC (843) 448-7653
Listing date Feb 5, 2026
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.
The property is located in Myrtle Beach, South Carolina, within walking distance to elementary, middle, and high school facilities. It is also described as close to area shopping and approximately two blocks from the Atlantic Ocean.
For investors or owner-operators seeking a residential income mix, the structure provides both one-bedroom unit options in the quadplex and a separate two-bedroom unit through the single-family home. The tenant-occupied status may appeal to buyers looking to acquire an income-producing configuration in place, with the added benefit of two distinct residential product types represented in the same purchase.
Key Highlights
- Quadraplex plus single‑family home offers multiple income streams.
- Excellent location: just 2 blocks from the Atlantic Ocean.
- Walking distance to Elementary, Middle, and High School.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.1k | $15.36 |
| − Vacancy | −$2.3k | −$0.77 |
| EGI | $43.8k | $14.59 |
| − OpEx | −$13.1k | −$4.38 |
| NOI | $30.6k | $10.21 |
