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

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

Newly constructed, licensed lodging asset with four-bedroom residences near the beach and furnished for operation.

Property Size11,000 SF
Price / SF$363.55
Days on Market458

Property Features for 404 2nd Ave. N

General Information

Standard status Active
Size 11,000 SF
Property subtype Apartment

Units

Unit Mix 10 x 4BR
Multifamily Units 10

Additional Details

Furnished Yes

Amenities

Central Air, Electric
3
Fire Sprinklers
Alarm -Smoke/Fire
mf
Brick Trim/Veneer
Trash Collection.

Building Details

Year Built 2022
Listing Agency: Own Myrtle Real Estate
Listed By: Own Myrtle Real Estate
Source: Xome
Added: Jun 1, 2025 Changed: Aug 31 Last Checked: Aug 31 at 3:52PM

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 Own Myrtle Real Estate

Investment Insights

Based on property information with market context.

Completed in 2022, this 11,000-square-foot apartment property comprises ten four-bedroom residences configured for short-term rental use. The units are fully furnished, and the property is fully licensed for that operating model, allowing the next owner to continue an established setup without adding furnishings. Central air and electric service support the interiors, while fire sprinklers and smoke/fire alarm protection are included. Exterior construction features brick trim or veneer, with trash collection provided.

The property is located at 404 2nd Ave. N in Myrtle Beach, South Carolina, within steps of the beach. Its combination of multiple furnished residences, documented short-term rental licensing, and beach proximity creates a clearly defined hospitality-oriented apartment asset.

Key Highlights

  • Ten four‑bedroom short‑term rental apartments
  • 11,000‑square‑foot property completed in 2022
  • Fully licensed for short‑term rental operation

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

1,019
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed, licensed lodging asset with four-bedroom residences near the beach and furnished for operation.
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 four‑bedroom short‑term rental apartments; 11,000‑square‑foot property completed in 2022; Fully licensed for short‑term rental operation
More about this property
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