$868,000 | N/A beds | N/A full baths | N/A half baths | 2,700 sqft

$870,000
2311 Withers Dr.
Myrtle Beach, SC 29577
  • MU-HZoning
  • 2,700SqFt
  • 8Units
  • N/ASale/Rent
  • N/AWet Lands
  • 0.26Acres
  • MLS# 2427065
  • Commercial
  • HotelMotel
  • Sold

  • Approx Time on Market6 months, 7 days
  • AreaMyrtle Beach Area--10th Ave N To 29th Ave N
  • CountyHorry
  • Subdivision Not within a Subdivision

Overview

Prime Investment Opportunity - 8-Unit Multi-Family Complex Steps from the Ocean in Myrtle Beach Unlock the potential of Myrtle Beachs booming real estate market with this exceptional 8-unit efficiency complex, strategically located just off North Kings Highway and only a block the beach. This rare multi-family asset offers unmatched location appeal in one of the fastest-growing coastal destinations in the Southeast, making it a smart addition to any investment portfolio. Each unit is thoughtfully designed with its own private entrance, along with interior connecting doors to allow for flexible rental configurations ideal for maximizing occupancy and cash flow. This property is well-positioned to generate strong, consistent income year-round. With tourism at record highs, a growing year-round population, and limited inventory in this category, the timing couldnt be better to secure a property with this kind of upside. Whether you're a seasoned investor seeking portfolio expansion or a newcomer looking for a high-yield opportunity, this multi-unit gem offers a compelling path to both immediate returns and long-term equity growth. Dont miss this chance to own a turn-key income producer in the heart of Myrtle Beach one of the most dynamic and resilient rental markets on the East Coast.



Sale Info

Listing Date: 11-22-2024

Sold Date: 05-30-2025

Aprox Days on Market: 
    6 month(s), 7 day(s)

Listing Sold: 
    2 month(s), 2 day(s) ago

Asking Price: $868,000

Selling Price: $870,000

Price Difference: 
Increase $2,000

Agriculture / Farm

Grazing Permits Blm:  ,No,

Horse:  No

Grazing Permits Forest Service:  ,No,

Grazing Permits Private:  ,No,

Irrigation Water Rights:  ,No,

Farm Credit Service Incl:  ,No,

Crops Included:  ,No,

Association Fees / Info

Hoa:  No

Bathroom Info

Building Info

New Construction:  No

Num Stories:  2

Levels:  Two

Year Built:  1964

Mobile Home Remains:  ,No,

Zoning:  MU-H

Construction Materials:  Concrete, Steel

Building Area Source:  PublicRecords

Buyer Compensation

Exterior Features

Spa:  No

Financial

Lease Renewal Option:  ,No,

Garage / Parking

Garage:  No

Carport:  No

Open Parking:  No

Attached Garage:  No

Interior Features

Fireplace:  No

Lot Info

Lease Considered:  ,No,

Lease Assignable:  ,No,

Acres:  0.26

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Property Info

County:  Horry

Current Use:  HotelMotel

View:  No

Number of Units Total:  8

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Attached:  No

Rent Control:  No

Room Info

Basement:  ,No,

Sold Info

Sold Date:  2025-05-30T00:00:00

Sqft Info

Sqft:  2700

Tax Info

Unit Info

Utilities / Hvac

Cooling:  CentralAir

Electric On Property:  No

Cooling:  Yes

Sewer:  PublicSewer

Heating:  No

Waterfront / Water

Waterfront:  No

Directions

Turn of N Kings Highway onto 24th Ave N in Myrtle Beach. Make a right turn on Withers Drive and the property is on the right side of the road.

Courtesy of Century 21 Broadhurst 

Mortgage Calculator

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Price & Status History (on jasongreenrealestate.com since Fri, Nov 22nd 2024)
  • Original Price: $868,000
  • Current Price: $868,000
  • Price Reduced: $0
Date ChangedFromTo
06/01/2025Active Under ContractSold
04/28/2025ActiveActive Under Contract

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