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Boutique 18-Unit Oceanfront Duplex
For Sale
$2,899,000

510 508 S Ocean Blvd., North Myrtle Beach, SC 29582

MULTI-FAMILY, North Myrtle Beach, SC

Property Size8,034 SF
Price / SF$360.84
Days on Market205

Property Features for 510 508 S Ocean Blvd.

General Information

Property type Residential Multi Family
Property subtype Other
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 8,034 SF

Building Details

Year built 1969
Number of units 18
Listing Agency: Dargan Real Estate
Listed By: Moshe Ben-Ezra · License #100596
Added: Feb 3 Changed: Aug 19 Last Checked: Aug 27 at 6:06PM
MLS# 2602951

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 offering includes two side-by-side properties sold together as a single acquisition, providing 18 total units. The property at 510 S. Ocean Blvd contains 15 units, including 13 efficiency suites and two two-bedroom residences. The property at 508 S. Ocean Blvd is a triplex with a front stacked duplex featuring two three-bedroom, two-bath residences, plus a private detached one-bedroom bungalow-style retreat to the rear.

Neither property has an HOA. Renovations completed within the last few years include upgraded tiled showers, custom LED mirrors, designer lighting, and refreshed interior finishes. On-site common amenities include a stylish game lounge and a convenient laundry center, with select units also featuring in-unit laundry. Courtyard-style gathering spaces provide additional outdoor areas for occupants and guests.

Both properties have been thoughtfully reimagined with design-forward, coastal-inspired finishes across the interior spaces, creating a turnkey income-producing setup for a buyer seeking a boutique hospitality-style multifamily asset.

Key Highlights

  • Boutique hospitality property with 18 total units across two side‑by‑side buildings offered together
  • 510 S. Ocean Blvd includes 15 units: 13 efficiency suites and 2 two‑bedroom residences
  • 508 S. Ocean Blvd is a triplex: front stacked duplex with two 3‑bedroom, 2‑bath residences plus a rear detached 1‑bedroom bungalow‑style retreat

Property Analytics

Current Use

High Tide Motel Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Auto Repair Shop Barber Shop Carpet & Flooring 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

18
Residential units
Turnkey business
Opportunity

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

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 - Two side-by-side properties totaling 18 units, renovated within the last few years, with on-site laundry and courtyard gathering areas.
Where is this apartment building located?
The property is located at 510 508 S Ocean Blvd. North Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $2,899,000.
What are key features of this property?
This property features: Boutique hospitality property with 18 total units across two side‑by‑side buildings offered together; 510 S. Ocean Blvd includes 15 units: 13 efficiency suites and 2 two‑bedroom residences; 508 S. Ocean Blvd is a triplex: front stacked duplex with two 3‑bedroom, 2‑bath residences plus a rear detached 1‑bedroom bungalow‑style retreat
More about this property
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