Ad #7251154
MLS #2603478
Investment Opportunity | 16-Unit Multifamily | 404 14th Ave S
404 14th Ave. S, Myrtle Beach, SC 29577
$1,250,000
--Beds
--Baths
6,736Sqft
--Acres
About this property
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.
Property Features
0 Beds
0 Baths
6,736 Sqft
Built in 1954
0.000 Acres
Assigned
Horry County
Additional Photos
Contact Information
Jeff Forman
Keller Williams Myrtle Beach
843-902-4325
Location
Listing Agent: Jeff Forman 843-902-4325
Broker: Keller Williams Myrtle Beach 843-455-7200 Listing Site
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Myrtle Beach 843-455-7200 Listing Site
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$1,250,000
--
Beds
--
Baths
6,736
Sqft
404 14th Ave. S, Myrtle Beach, SC 29577
By contacting this agent you agree to these Terms and Conditions.
MLS# 2603478
Investment Opportunity | 16-Unit Multifamily | 404 14th Ave S
$1,250,000
404 14th Ave. S, Myrtle Beach, SC 29577
--
Beds
--
Baths
6,736
Sqft
--
Acres
$1,250,000
404 14th Ave. S, Myrtle Beach, SC 29577
-- Beds
-- Baths
6,736 Sqft
-- Acres
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.
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Property Details
HOME DETAILS
0 Beds
0 Baths
6,736 Sqft
Built in 1954
0.000 Acres
EXTERIOR
Assigned
FINANCIAL & COMMUNITY
Horry County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7251154
Viewed
111 times
Listing Status
Active
Added
Feb 09, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Coastal Carolina Association of REALTORS®
Source Property ID
2603478
Listing Agent: Jeff Forman 843-902-4325
Broker: Keller Williams Myrtle Beach 843-455-7200 Listing Site
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Keller Williams Myrtle Beach 843-455-7200 Listing Site
Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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