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Three-Unit Multifamily Property

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

For Sale
New
$899,900

MULTI-FAMILY, North Myrtle Beach, SC

Property Size2,615 SF
Price / SF$344.13
Days on Market5

Property Features for 508 S Ocean Blvd.

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Assigned
Lot features Rectangular, East of Bus. 17, Inside City Limits, Oceanview, Second Row Beach
Elementary school Ocean Drive Elementary
Middle school North Myrtle Beach Middle School
High school North Myrtle Beach High School
Subdivision 11B North Myrtle Beach Area--Ocean Drive
Standard status Active
Size 2,615 SF

Utilities

Utilities Cable Available

Amenities

interior laundry room

Building Details

Year built 1948
Number of units 3
Buildings 2
Listing Agency: Dargan Real Estate
Listed By: Moshe Ben-Ezra · License SC #100596
Added: Nov 9 Changed: Nov 12 Last Checked: Nov 13 at 4:06AM
MLS# 2627412

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.

Rey
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Investment Insights

Based on property information with market context.

This 2,615-square-foot multifamily property comprises a stacked duplex and a detached bungalow. The duplex contains two three-bedroom, two-bathroom residences, each with its own interior laundry room; a separate one-bedroom bungalow sits behind the main building. Built in 1948, the property has received updates in recent years, including tiled showers, LED mirrors, and updated lighting. Assigned parking is available, and cable service is listed as available.

The address is on S. Ocean Blvd. in North Myrtle Beach, with the property described as steps from the beach and minutes from Main Street. The three separate accommodations provide distinct living spaces within one property. No HOA fees or association restrictions are reported.

Key Highlights

  • Three accommodations: two 3‑bedroom, 2‑bath residences and a detached 1‑bedroom bungalow
  • 2,615 square feet on S. Ocean Blvd. in North Myrtle Beach
  • Built in 1948; updated in recent years with tiled showers, LED mirrors, and newer lighting

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

593
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
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Market

Average Price Trend$/SF for Multifamily properties in North Myrtle Beach, SC

$318 Jul
$326 Aug
$333 Sep
$318 Oct

Properties on Market for Multifamily properties in North Myrtle Beach

Jul
Aug
Sep
Oct

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?
Multifamily property - The building pairs two three-bedroom residences with a separate one-bedroom bungalow for a varied rental configuration.
Where is this multifamily property located?
The property is located at 508 S Ocean Blvd. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three accommodations: two 3‑bedroom, 2‑bath residences and a detached 1‑bedroom bungalow; 2,615 square feet on S. Ocean Blvd. in North Myrtle Beach; Built in 1948; updated in recent years with tiled showers, LED mirrors, and newer lighting
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