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$7,250,000

Status: For Sale

Property type: Multi Family
Year built: 1968
List Date: 2025-03-27
Area
25011 ft2
Days For Sale
7

Amenities

  • Cable Available
  • City Lot
  • Electric
  • Electricity Available
  • Fire Alarm
  • Fire Sprinkler System
  • Long Term Rental Allowed
  • Other
  • Owner Allowed Motorcycle
  • Rectangular
  • Sewer Available
  • Short Term Rental Allowed
  • Tenant Allowed Motorcycle
  • Wall/Window Units
  • Water Available

Description

Presenting an exceptional investment opportunity at 2010 S. Ocean Blvd, Myrtle Beach, SC 29577—a fully renovated 67-unit multifamily property situated directly on Ocean Boulevard. Occupying a prominent corner lot, this offering includes an additional parcel currently utilized as a parking lot, totaling approximately 0.70 acres in one of Myrtle Beach's most desirable markets, just steps away from the Atlantic Ocean. The property offers One bedroom units and Studio units. Comprehensive Renovations (2023-2024): Plumbing: Installation of new PEX water lines throughout the building. Fire Safety: Implementation of a new sprinkler system and fire alarm installation; servicing of all standpipes with AAA Fire Protection. Interior Upgrades: Drywall and interior painting; replacement of kitchen cabinets and countertops in most units; installation of new PTAC AC units. Exterior Enhancements: Exterior painting and stucco. Mechanical Systems: Elevator repairs by Calvinder Elevator company, installation of a new 120-gallon boiler. Parking & Landscaping: Development of a new parking lot on Cassandra Lane; landscaping completed per City of Myrtle Beach approved plans. Appliances: Upgraded appliances throughout the units. Detailed financial documents, including Profit & Loss statements, Capital Expenditure reports, and Rent Rolls, are available and will be shared with qualified buyers upon request. This property represents a turnkey investment in a prime coastal location, offering significant recent upgrades. This is one of only a few Multifamily buildings allowed on Ocean Blvd. Please contact the listing agent to schedule a showing appointment.

What's YOUR Home Worth?

Schools

1-2 SPED Schools in 29577

Name
Address
Phone
Type
Grade
620 29th Avenue North
8434481774
Public
1-2 SPED

3-5 SPED Schools in 29577

Name
Address
Phone
Type
Grade
950 Seahawk Way
8436265831
Public
3-5 SPED

6-8 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3101 North Oak Street
8434483932
Public
6-8 SPED

9-12 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3302 Robert Grissom Parkway
8434487149
Public
9-12 SPED

K-8 Schools in 29577

Name
Address
Phone
Type
Grade
2803 N. Oak Street
843-448-0035
Private
K-8

K-8 SPED Schools in 29577

Name
Address
Phone
Type
Grade
3021 Fred Nash Blvd
8432931725
Public
K-8 SPED

PK-K SPED Schools in 29577

Name
Address
Phone
Type
Grade
612 29th Avenue North
8434481658
Public
PK-K SPED

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James Schiller

Realtor, Brand Name Real Estate

Happy Clients

SEE THIS PROPERTY



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    The information is provided exclusively for consumers’ personal, non-commercial use, that it 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 MLS boards of the SC Realtors.

    Listing Provided by Realty ONE Group Dockside

    2010 S Ocean Blvd., Myrtle Beach, SC 29577
    MLS #29577
    $7,250,000
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