$1,500,000
 $7,825 forsale estimated payment Sourced by Back At You

404 14th Ave. S , Myrtle Beach, SC 29577

Myrtle Beach, SC 29577

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Description

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.

Details

Mls2425601
Listing TypeFor Sale
StyleAttachd
SubtypeResale
StatusActive
Year1954
Days On Site24
Listing Provided ByCentury 21 Palms Realty | Russell Auth

Features

Sq Feet6,736
Units16
ZoningCommercial

Market Activity 29577

Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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Listings Checked: 4 minutes ago
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16G Myrtle Beach Area Southern Limit to 10TH Ave N
Community NameNot within a Subdivision
Listing VS Median (in Not within a Subdivision)
Price:
$1,500,000
low | high
Med:
$335,000
100% of Average
SqFt:
6,736
low | high
Med:
1,498
100% of Average
$ / SqFt:
$223
low | high
Med:
$224
49.574543836226% of Average
On Site:
24
low | high
Med:
22
100% of Average
Sourced by Back At You
Listing Updated: November 25, 2024 at 9:59:34 PM PST