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Furnished Short-Term Rental Apartments
For Sale
$3,850,000

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

Ten licensed four-bedroom units are configured for short-term rental use near the beach.

Property Size11,000 SF
Price / SF$350
Days on Market380

Property Features for 404 2nd Ave. N

General Information

Standard status Active
Size 11,000 SF
Property subtype Apartment
Zoning mf

Units

Unit Mix 10 x 4BR
Multifamily Units 10

Additional Details

Furnished Yes
Cap Rate 10.8%

Building Details

Building Size 11,000 SF
Year Built 2022
Listing Agency: Own Myrtle Real Estate
Listed By: Ester Esti Simantov
Source: Barefootrealty
Added: Oct 10, 2025 Changed: Oct 22 Last Checked: Oct 23 at 5:00PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 11,000-square-foot property contains ten four-bedroom apartments built in 2022. The units are furnished and licensed for short-term rental operation, with an mf zoning designation.

The property is at 404 2nd Ave. N in Myrtle Beach, South Carolina, a short distance from the beach.

Key Highlights

  • 10 furnished, four‑bedroom apartments
  • 11,000 square feet of building area
  • Built in 2022

Property Analytics

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

Frequently Asked Questions

What type of property is this?
Short term rental property - Ten licensed four-bedroom units are configured for short-term rental use near the beach.
Where is this short term rental property 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 $3,850,000.
What are key features of this property?
This property features: 10 furnished, four‑bedroom apartments; 11,000 square feet of building area; Built in 2022
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