Welcome to The Belvedere, an exceptional 16-unit multi-family apartment complex in the heart of Myrtle Beach, offering both short-term rental potential and long-term tenant stability. This rare investment opportunity boasts an ideal location just steps from the beach, restaurants, shopping, and entertainment, giving residents and vacationers alike easy access to one of South Carolina’s premier beach destinations. Each unit, a mix of efficiency and 1-bedroom layouts, is thoughtfully designed for optimal comfort and functionality, catering perfectly to both long-term and short-term tenants. Situated in a short-term rental approved zone, The Belvedere offers a unique chance to maximize revenue through short-term rentalsa rare find in this highly sought-after area. With monthly rental tenants currently in place, the property already generates steady income, providing the savvy investor with a solid foundation. Myrtle Beach's popularity as a top tourist destination ensures high demand for rental properties, promising strong cash flow and potential appreciation, making The Belvedere an outstanding investment opportunity.
Mls | 2425601 |
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Listing Type | For Sale |
Style | Attachd |
Subtype | Resale |
Status | Active |
Year | 1954 |
Days On Site | 24 |
Listing Provided By | Century 21 Palms Realty | Russell Auth |
Sq Feet | 6,736 |
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Units | 16 |
Zoning | Commercial |
State | SC |
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County | Horry |
City | Myrtle Beach |
Zip Code | 29577 |
Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
Community Name | Not within a Subdivision |
Listing VS Median (in Not within a Subdivision) | |
Price: $1,500,000 low | high Med: $335,000 SqFt: 6,736 low | high Med: 1,498 $ / SqFt: $223 low | high Med: $224 On Site: 24 low | high Med: 22 |