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Seven-Unit Apartment Building
For Sale
$1,600,000

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

COMMERCIAL - North Myrtle Beach, SC

Property Size2,988 SF
Lot Size0.17 Acres
Price / SF$535.48
Days on Market641

Property Features for 4700 S Ocean Blvd.

General Information

Property type Commercial Sale
Property subtype Other
Zoning R4
Subdivision 11E North Myrtle Beach Area--Windy Hill
Standard status Active
Size 2,988 SF
Lot size 0.17 Acres

Amenities

courtyard
garage/storage space
onsite laundry room
pet friendly
ocean views

Building Details

Floors in Building 2
Number of units 7
Listing Agency: KingOne Properties
Listed By: Christopher Manios · License #117005
Added: Nov 11, 2024 Changed: Aug 13 Last Checked: Aug 14 at 6:06AM
MLS# 2425924

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.

This two-building apartment property contains seven rental units totaling 2,988 square feet on 0.17 acres. The unit mix includes two 2-bedroom, 2-bath residences with washer and dryer, four 2-bedroom, 1-bath residences, and one efficiency. Property features include a courtyard, an extra-large garage and storage area, an onsite laundry room, central HVAC, and a new roof.

Located at 4700 S Ocean Blvd. in North Myrtle Beach, the property sits directly across from the beach and is blocks from Barefoot Landing. Ocean views, 13 parking spaces, and pet-friendly accommodations are also included. R4 zoning is reported for the property, which is described as suitable for long- or short-term rentals.

Key Highlights

  • Seven rental units across 2 buildings
  • Unit mix includes (2) 2 Bedroom / 2 Bath, (4) 2 Bedroom / 1 Bath, and (1) Efficiency
  • 2,988 Square Feet on 0.17AC

Property Analytics

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

444
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-building rental property with a courtyard, parking, storage, and ocean views.
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 $1,600,000.
What are key features of this property?
This property features: Seven rental units across 2 buildings; Unit mix includes (2) 2 Bedroom / 2 Bath, (4) 2 Bedroom / 1 Bath, and (1) Efficiency; 2,988 Square Feet on 0.17AC
More about this property
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