Myrtle Beach, SC 29577 505 28th Ave. N

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Presented By: Century 21 Palms Realty;
  • MLS# 2512840
  • 05/22/2025
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  • SQFT • 6,226

Home Details

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!
Presented By: Century 21 Palms Realty;

Interior Features for 505 28th Ave. N

Other Interior Features

LivingAreaSourceOther
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes

General for 505 28th Ave. N

Additional Parcels Y/NNo
Assoc Fee Paid PerMonthly
Attached Garage No
Carport Y/NNo
CityMyrtle Beach
CoolingCentralAir
CountyHorry
Electric On Property Y/NNo
Elementary SchoolMyrtle Beach Elementary School
Garage Y/NNo
HOANo
HOA Fee$0.0
HeatingCentral, Electric
High SchoolMyrtle Beach High School
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
MLS Area16F Myrtle Beach Area--10th Ave N to 29th Ave N
Middle/Junior High SchoolMyrtle Beach Middle School
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total19
Ok to LeaseTwelveMonths
OwnerPaysElectricity, Sewer, TrashCollection, Water
PossessionClosing
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalApartment, MultiFamily
Property SubtypeApartment
Property TypeResidential
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Subdivision NameNot within a Subdivision
UtilitiesCableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable
Year Built1966
ZoningHC-2

Exterior for 505 28th Ave. N

Building Area Total6226.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCityLot, Rectangular, RectangularLot
Open Parking Y/NNo
Parking FeaturesOther
SpaNo
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Schools

High School Myrtle Beach High School
Middle School Myrtle Beach Middle School
Elementary School Myrtle Beach Elementary School

Marihelen Hower

Real Estate Sales
Price $1,675,000
MLS#2512840
List Date 05/22/2025
Property Type Single Family
Phone 717.437.0169
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