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$1,495,000
179 Days On Site

505 28th Ave. N
Myrtle Beach, SC 29577

For Sale|Apartment|Active
0
Beds
0
Total Baths
6,226
SqFt
$240
/SqFt
1966
Built
Subdivision:
Not within a Subdivision
County:
Horry
Listing courtesy of Century 21 Palms Realty: 8436555470

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704-755-5095
505 28th Ave. N505 28th Ave. N505 28th Ave. N505 28th Ave. N
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Rare 19-Unit updated Investment Opportunity in the Heart of Myrtle Beach! Don’t miss your chance to own this rental powerhouse just steps from the beach and minutes from vibrant downtown Myrtle Beach.The property has had many updates including new flooring, kitchens, bathrooms, painting, fixtures and more! Situated on a generous 0.51-acre lot, this 19-unit property offers spacious studio apartments and is perfectly positioned for both short-term and long-term rental strategies. With strong management already in place, this property is performing exceptionally well — and still offers room to grow income even further. Whether you’re looking to expand your portfolio or break into one of the Southeast’s fastest-growing coastal markets, this is a rare opportunity that checks all the boxes. Located close to Myrtle Beach International Airport, world-class golf courses, popular restaurants, and of course, the ocean, this property offers unmatched convenience for vacationers, snowbirds, and long-term tenants alike. Key Highlights: 19 spacious studio units Prime 0.51-acre lot just steps from the beach Excellent current rental performance Flexible investment: long-term or short-term rentals Close to airport, golf, dining, and downtown Myrtle Beach Rare high-density opportunity on a large parcel The Myrtle Beach market continues to thrive, and properties like this don’t come along often. Schedule your private showing today and secure your place in one of the most dynamic beachside markets on the East Coast!

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Listing Snapshot
Price 
$1,495,000
Days On Site 
179 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,226 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1966
MLS® Number 
2512840
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Other
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $1,495,000
6 months agoListing first seen on site
General Features
Foundation 
Slab
Parking 
Other
Property Sub Type 
Apartment
SqFt Total 
6226
Utilities 
Cable AvailableElectricity AvailablePhone AvailableSewer AvailableUnderground UtilitiesWater Available
Water Source 
Public
Zoning 
HC-2
Interior Features
Cooling 
Central Air
Heating 
CentralElectric
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Exterior Features
Lot Features 
City LotRectangular Lot
Community Features
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
16F Myrtle Beach Area--10th Ave N to 29th Ave N
Schools
School District
Unknown
Elementary School
Myrtle Beach Elementary School
Middle School
Myrtle Beach Middle School
High School
Myrtle Beach High School
Listing courtesy of Century 21 Palms Realty: 8436555470



Listing information is provided by Participants of the Coastal Carolina Association of Realtors. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Coastal Carolinas Multiple Listing Service, Inc
Last checked: 2025-11-17 05:01 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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