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

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

MULTI-FAMILY, Myrtle Beach, SC

Property Size11,000 SF
Price / SF$350
Days on Market372

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: Oct 8 Last Checked: Oct 16 at 2:06AM
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.

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Investment Insights

Based on property information with market context.

At 404 2nd Ave. N in Myrtle Beach, this 11,000-square-foot property contains ten short-term rental apartments. Each apartment has four bedrooms and is furnished, and the units are licensed for short-term rental use.

Built in 2022, the property is near the beach. The stated cap rate is 10.8%.

Key Highlights

  • Ten licensed short‑term rental apartments
  • Four bedrooms in each apartment
  • Furnished units

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Building Supply Parking Lot & Garage Real Estate Agency Electrical Service Storage Facility Garden Center

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Licensed, furnished apartments near the beach are configured for short-term stays.
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: Ten licensed short‑term rental apartments; Four bedrooms in each apartment; Furnished units
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