2010 S Ocean Blvd., Myrtle Beach, SC 29577

This fully renovated multifamily property features 68 units, offering a mix of studio and one-bedroom layouts. Renovations completed across 2023 and 2024 include new PEX water lines throughout the building, installation of a new sprinkler system and fire alarm, and servicing of all standpipes with AAA Fire Protection. Interior improvements include drywall and interior painting, replacement of kitchen cabinets and countertops in most units, and installation of new PTAC AC units. Additional upgrades include exterior painting and stucco, elevator repairs by Calvinder Elevator company, and the installation of a new 120-gallon boiler, along with upgraded appliances throughout the units.

The property sits on a prominent corner lot directly on S. Ocean Blvd in Myrtle Beach, with an additional parcel currently used as a parking lot. Together, the site totals approximately 0.70 acres. Parking and landscaping improvements include development of a new parking lot on Cassandra Lane and landscaping completed per City of Myrtle Beach approved plans.

For buyers seeking a residential income asset with substantial recent capital improvements, this offering includes comprehensive renovation work and availability of detailed financial documents, including Profit & Loss statements, Capital Expenditure reports, and rent rolls, for qualified buyers upon request. The property is described as being one of only a few multifamily buildings allowed on Ocean Blvd. Please contact the listing agent to schedule a showing appointment; measurements and square footage are not guaranteed and should be verified by the buyer or buyer’s agent.