Not within a Subdivision, Myrtle Beach, SC Real Estate Search

Not within a Subdivision, Myrtle Beach, SC Condos for Sale

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Newest Not within a Subdivision, Myrtle Beach, SC Condos for Sale

$1,250,000
2603478 MLS
Investment Opportunity | 16-Unit Multifamily | 404 14th Ave S, Myrtle Beach, SC 29577 Located just a short walk from the ocean in the heart of Myrtle Beach, this 16-unit multifamily property presents a compelling opportunity for investors seeking immediate cash flow with future upside. The unit mix consists of 9 efficiency units and 7 one-bedroom units, offering a diversified rental profile that caters well to workforce housing, seasonal demand, and beach-area renters. The property’s proximity to the beach, dining, entertainment, and major employment centers supports strong tenant demand and long-term occupancy stability. The asset benefits from its prime coastal location within an area experiencing continued redevelopment and investment activity, positioning it well for appreciation and rent growth over time. The efficient unit layouts provide strong rent-per-square-foot performance, while the density of 16 units allows for operational economies of scale. There is potential for value-add through interior renovations, modernization of common areas, and improved management strategies, offering a pathway to increase net operating income and overall asset value. This property is well-suited for investors seeking a stabilized multifamily asset with the added optionality of exploring alternative operating strategies, subject to local regulations and approvals. With limited multifamily inventory this close to the ocean, opportunities to acquire assets of this size and unit count in Myrtle Beach remain increasingly scarce. This offering represents a strategic acquisition for both seasoned multifamily investors and those looking to expand their coastal South Carolina portfolio.

404 14th Ave. S, Myrtle Beach

Listing courtesy of Listing Agent: Jeff Forman () from Listing Office: Keller Williams The Forturro G.

$475,000
2600216 MLS
1405 Dunbar Street is a small multifamily income property built for straightforward ownership and consistent rental demand in central Myrtle Beach. The building is commonly configured as five 2-bedroom, 1-bath units, a unit mix that performs well for long-term workforce housing and seasonal tenants alike. With approximately 4,700 square feet on roughly 0.29 acres, the property offers multiple income-producing units on a single parcel in an established in-town location close to the beach, major roadways, shopping, employment centers, and entertainment. From an operational standpoint, the property presents a clean investment profile. Electric service is separately metered, while water and sewer are owner-paid, allowing predictable expense management and clear rent structuring. The layout and density make this a practical asset for an investor focused on steady occupancy rather than heavy repositioning, with potential upside through interior updates, rent optimization, or efficiency improvements over time. This property is well suited for a buy-and-hold investor or portfolio builder seeking a stable multifamily asset in a proven Myrtle Beach rental corridor. As with all older multifamily properties, buyers are encouraged to verify unit count, square footage, zoning compliance, and utility configurations during due diligence. Overall, 1405 Dunbar Street represents a no-frills, income-focused investment where location, density, and simplicity support long-term value.

1405 Dunbar St., Myrtle Beach

Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.

$420,000
2600215 MLS
1304 Dunbar Street is an income-producing multifamily property positioned in a central Myrtle Beach location with strong, consistent rental demand. The property is a six-unit apartment building with block construction, offering multiple income streams on a single parcel. Zoned RMM, the site supports multifamily use and provides flexibility for an investor looking to hold, improve, or gradually reposition the asset over time. The investment story here is about density, location, and optionality rather than cosmetic flash. Being minutes from the beach, Broadway at the Beach, major roadways, shopping, dining, and employment centers, the property benefits from year-round demand from both long-term tenants and the broader Myrtle Beach rental market. Properties with multiple doors and no HOA in this area are increasingly difficult to replace, which supports long-term value and rent growth. This asset is well suited for an investor seeking a stable multifamily hold with upside through unit improvements, rent optimization, or operational efficiencies. Public records reflect some variation in reported building square footage, so buyers are encouraged to verify measurements, utilities, and unit systems during due diligence. Overall, 1304 Dunbar Street represents a practical, scalable investment opportunity in a proven Myrtle Beach rental corridor where location and zoning continue to drive value.

1304 Dunbar St., Myrtle Beach

Listing courtesy of Listing Agent: Jeff Forman (Cell: 843-902-4325) from Listing Office: Keller Williams The Forturro Group.

$2,200,000
2512828 MLS
PRICE REDUCED! Amazing CAP rate now with much more room to grow to even more income. Rare 32-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, roof in 2023, kitchens, bathrooms, painting, fixtures and more! Situated on a generous 0.52-acre lot, this 32-unit property offers spacious one-bedroom 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 and long-term tenants alike. Key Highlights: 32 spacious 1-bedroom units Prime 0.52-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!

403 14th Ave. S, Myrtle Beach

Listing courtesy of Listing Agent: Nicholas Strumke () from Listing Office: Century 21 Palms Realty.

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