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