412 29Th Ave Myrtle Beach, SC 29577
- Commercial real estate
- 2,518 SF
Current Use by Public Records
- Commercial real estate
Property Details for 412 29Th Ave
- Year built
- 1951
- Property size
- 2,518 SF
- Property type
- Commercial real estate
Description
This exceptional three-unit apartment building, located at 412 29th Ave N in Myrtle Beach, South Carolina, presents a compelling investment opportunity. Built in 1951, the property boasts a total of 2,518 square feet and is offered at $965,000 ($397 per square foot). The main structure features two identical two-bedroom, one-bathroom units, each equipped with a stove, refrigerator, and ample natural light. One unit also includes a dishwasher and microwave. Both units offer either a deck, porch, or patio. A separate guest cottage, included in the square footage, provides an additional one-bedroom, one-bathroom unit with its own kitchen and living room. This versatile space could serve as a caretaker's residence or generate additional rental income. The property features a large front porch, perfect for gatherings, and a separate side entrance for one of the main units. The second floor of the main building is accessible via an interior staircase or a private exterior entrance. An enclosed sunroom sits atop the front porch, adding extra living space. The property also includes ample storage space behind the guest house, potentially usable as a workshop. The MU-H zoning allows for potential commercial use. All measurements are approximate and should be verified independently. This property is ideally situated just a block from the beach, offering unparalleled convenience and high rental demand. The property's layout and features make it suitable for both short-term and long-term rentals.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.8630307
- Latitude
- 33.7086537