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Two-Building Apartment Property
New
For Sale
$1,595,000

4700 S Ocean Blvd., North Myrtle Beach, SC 29582

The rental complex combines varied apartment layouts with shared laundry, courtyard, and garage-storage space.

Property Size2,988 SF
Lot Size0.17 Acres
Price / SF$533.80
Days on Market2

Property Features for 4700 S Ocean Blvd.

General Information

Standard status Active
Size 2,988 SF
Total Parking Spaces 13
Lot size 0.17 Acres

Units

Unit Mix 2 x 2BR/2BA, 4 x 2BR/1BA, 1 x Efficiency
Multifamily Units 7

Additional Details

Road Access Yes

Amenities

courtyard
garage/storage space
onsite laundry room

Building Details

Buildings 2
Listing Agency: KingOne Properties
Listed By: Christopher Manios · License #130603
Source: Edgarwilson
Added: Sep 26 Last Checked: Sep 26 at 2:42PM

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 KingOne Properties

Investment Insights

Based on property information with market context.

Two buildings contain 7 rental units: two 2-bedroom, 2-bath apartments with washers and dryers, four 2-bedroom, 1-bath apartments, and one efficiency. The 2,988-square-foot property also includes an onsite laundry room, courtyard, extra-large garage and storage area, and 13 parking spaces. A new roof and central HVAC serve the complex, which occupies 0.17 acres and has ocean views.

The property is on Ocean Boulevard in North Myrtle Beach, directly across from the beach and blocks from Barefoot Landing. Rental use may be long- or short-term, and the complex is pet friendly.

Key Highlights

  • 7 rental units across two buildings, including six 2‑bedroom apartments and one efficiency
  • Directly across from the beach on Ocean Boulevard, with ocean views
  • 2,988 square feet on 0.17 acres

Property Analytics

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Current Use

Twin Palms North ... Hotel & Motel Atlantic Winds Condos Condominium Complex

Suggested Use

Top Pick Electrical Service Garden Center Restaurant Daycare Center Pet Grooming Service Parking Lot & Garage

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

7
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby

Demographics for 29582, SC

18,897
Population
27,559
Households
0.7
Avg Household Size
62
Median Age
38%
College-Educated
94%
High-School Grad
21.9 sq mi
ZIP Area
863
Density / Sq Mi
$71,030
Median Household Income
$36,906
Median Earnings
$1,194
Median Rent
$370,700
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
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Frequently Asked Questions

What type of property is this?
Apartment building - The rental complex combines varied apartment layouts with shared laundry, courtyard, and garage-storage space.
Where is this apartment building located?
The property is located at 4700 S Ocean Blvd. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: 7 rental units across two buildings, including six 2‑bedroom apartments and one efficiency; Directly across from the beach on Ocean Boulevard, with ocean views; 2,988 square feet on 0.17 acres
More about this property
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