Joe Cummings - Coldwell Banker Chicora Advantage Logo
$7,250,000
 $37,819 est/mo Sourced by Back At You

2010 S Ocean Blvd. , Myrtle Beach, SC 29577

Myrtle Beach, SC 29577

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Description

Presenting an exceptional investment opportunity at 2010 S. Ocean Blvd, Myrtle Beach, SC 29577a 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.

Details

MLS#2507966
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1968
Days On Site24
Listing Provided ByRealty ONE Group Dockside | Liat Edri

Features

N/A25,011
Units67
ZoningTA -120

Market Activity 29577

Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 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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Learn More About This Property

Joe Cummings

Joe Cummings

Coldwell Banker Sea Coast Advantage

 (843) 213-7435Contact Me Form Link
StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16G Myrtle Beach Area Southern Limit to 10TH Ave N
Community NameNot within a Subdivision
School DistrictMyrtle Beach High School
Elementary SchoolMyrtle Beach Elementary School
Middle SchoolMyrtle Beach Middle School
High SchoolMyrtle Beach High School
Listing VS Median (In Not within a Subdivision)
Price:
$7,250,000
low | high
Med:
$342,280
100% of Average
SqFt:
25,011
low | high
Med:
1,773
100% of Average
$ / SqFt:
$290
low | high
Med:
$193
83.40128688955% of Average
On site:
24
low | high
Med:
108.000000
22.222222222222% of Average
Sourced by Back At You
Listing Updated: March 31, 2025 at 5:49:56 PM PDT