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403 13th Ave. S, Myrtle Beach, SC, 29577
Turn-Key Triplex Near the Ocean

403 13th Ave. S Myrtle Beach, SC 29577

For Sale
$764,900

A fully furnished three-unit property with a main house and two rear units, about 2.5 blocks from the ocean.

Property Size2,821 SF
Price / SF$271.14
Days on Market243

Property Features for 403 13th Ave. S

General Information

Standard status
Active
Size
2,821 SF
Property subtype
Triplex

Building Details

Year Built
1970
Listing Agency: Century 21 The Harrelson Group
Listed By: Daniel Kureshi
Source: Xome
Added: Nov 23, 2025 Changed: Jul 23 Last Checked: Jul 24 at 4:47AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 The Harrelson Group


Investment Insights

Based on property information with market context.

This turn-key, fully furnished three-unit property includes a spacious main house and a separate rear building with two additional units. The main house is currently utilized as a short-term rental, while the two rear units are occupied by long-term tenants on week-to-week leases. A private backyard includes a custom wood pergola and an elevated deck, offering outdoor space for guests or residents.

The property is located at 403 13th Ave. S, Myrtle Beach, SC 29577, approximately 2.5 blocks from the ocean. The listing also notes proximity to the Myrtle Beach Boardwalk and high-density MU-H zoning.

Square footage is approximate and the buyer is responsible for verification. The rear units’ current occupancy on week-to-week leases provides day-one income continuity while keeping flexibility for the main house’s short-term rental use.

Key Highlights

  • Three‑unit property: a main house used as a short‑term rental plus two additional rear units
  • About 2.5 blocks from the ocean and approximately 2.5 blocks from the Myrtle Beach Boardwalk
  • Fully furnished and ready to move in or rent immediately (buyer responsible for verification of approximate square footage)

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 $43.3k $15.36
− Vacancy −$2.2k −$0.77
EGI $41.2k $14.59
− OpEx −$12.3k −$4.38
NOI $28.8k $10.21
2,821 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$411.6K
$360.2K – $480.3K (±1% cap)
NOI $28,815 @ 7.0% cap · market cap 3.77%
Second Best
Apartment 5plus
$372.0K
$325.5K – $434.0K (±1% cap)
NOI $26,041 @ 7.0% cap · market cap 3.40%
Theoretical Best
Office A
$715.0K
$625.6K – $834.1K (±1% cap)
NOI $50,047 @ 7.0% cap · market cap 6.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

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

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

FAQs

What type of property is this?
Triplex - A fully furnished three-unit property with a main house and two rear units, about 2.5 blocks from the ocean.
Where is this triplex located?
The property is located at 403 13th Ave. S Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $764,900.
What are key features of this property?
This property features: Three‑unit property: a main house used as a short‑term rental plus two additional rear units; About 2.5 blocks from the ocean and approximately 2.5 blocks from the Myrtle Beach Boardwalk; Fully furnished and ready to move in or rent immediately (buyer responsible for verification of approximate square footage)
More about this property
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