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$1,500,000

Status: For Sale

Property type: Apartment
Year built: 1954
List Date: 2024-11-07
Area
6736 ft2
Days For Sale
22

Amenities

  • Cable Available
  • City Lot
  • Electric
  • Electricity Available
  • Long Term Rental Allowed
  • Owner Allowed Motorcycle
  • Owner Only
  • Pet Restrictions
  • Rectangular
  • Sewer Available
  • Short Term Rental Allowed
  • Tenant Allowed Motorcycle
  • Wall/Window Units
  • Water Available
  • Yes

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 rentals—a 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.

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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

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    Bcampbell@palmshome.com

    ©2024CTMLS,GGMLS,CCMLS& CMLS

    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 Century 21 Palms Realty

    404 14th Ave. S, Myrtle Beach, SC 29577
    MLS #29577
    $1,500,000
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