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Cluster of 10 4-Bedroom Short-Term Rentals
For Sale
$3,999,000

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

MULTI-FAMILY, Myrtle Beach, SC

Property Size11,000 SF
Price / SF$363.55
Days on Market326

Property Features for 404 2nd Ave. N

General Information

Property type Residential Multi Family
Property subtype Apartment
Subdivision Hotel Section
Lot features East of Bus. 17
Elementary school Myrtle Beach Elementary School
Middle school Myrtle Beach Middle School
High school Myrtle Beach High School
Standard status Active
Size 11,000 SF

Building Details

Year built 2022
Number of units 10
Listing Agency: Own Myrtle Real Estate
Listed By: Ester Esti Simantov
Added: Oct 10, 2025 Changed: Aug 19 Last Checked: Aug 31 at 6:06PM
MLS# 2524751

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.

Located at 404 2nd Ave. N, Myrtle Beach, SC 29577, this newly built, fully licensed cluster offers short-term rental operations with ten 4-bedroom apartments. Each unit is fully furnished and described as ready for immediate operation.

The property is set up specifically for short-term stays, with all units included in the licensed cluster configuration. The building was constructed in 2022, and the total property size is 11,000 square feet.

For operators looking for a beach-adjacent short-term rental portfolio, this is a compact, unitized offering with furnished apartments included in the purchase package.

Key Highlights

  • Fully licensed cluster of ten 4‑bedroom short‑term rental apartments
  • Each unit is fully furnished and ready for immediate operation
  • New construction completed in 2022

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

1,380
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?
Short term rental property - New 2022 cluster of ten fully furnished, licensed short-term rental apartments steps from 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 $3,999,000.
What are key features of this property?
This property features: Fully licensed cluster of ten 4‑bedroom short‑term rental apartments; Each unit is fully furnished and ready for immediate operation; New construction completed in 2022
More about this property
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