Myrtle Beach, SC 29577,2010 S Ocean Blvd.
Myrtle Beach, SC 29577,2010 S Ocean Blvd.
Myrtle Beach, SC 29577,2010 S Ocean Blvd.
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$7,250,000
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25,011 SqFt
Active

2010 S Ocean Blvd. Myrtle Beach, SC 29577

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Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 25,011 sqft

Price per Sqft $289

Municipality Not within a Subdivision

Subdivision Not Within A Subdivision

MLS Listing ID 2507966

Construction Status Resale

HOA Y/N No

Year Built 1968

Property Sub-Type Other

Source CCAR

Property Description

Presenting an exceptional investment opportunity at 2010 S. Ocean Blvd, Myrtle Beach, SC 29577—a fully renovated 68-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.

Location

State SC

County Horry

Community Not Within A Subdivision

Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N

Zoning TA -120

Interior

Heating Electric

Cooling Wall/ Window Unit(s)

Fireplace No

Exterior

Parking Features Other

Community Features Long Term Rental Allowed, Short Term Rental Allowed

Utilities Available Cable Available, Electricity Available, Other, Sewer Available, Water Available

Amenities Available Owner Allowed Motorcycle, Tenant Allowed Motorcycle

Building

Lot Description City Lot, Rectangular, Rectangular Lot

Foundation Slab

Water Public

Construction Status Resale

Schools

Elementary Schools Myrtle Beach Elementary School

Middle Schools Myrtle Beach Middle School

High Schools Myrtle Beach High School

Others

Senior Community No

Tax ID 44502020322

Security Features Fire Alarm,Fire Sprinkler System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None


Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

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Andrew Burnett

Andrew Burnett

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+1(843) 771-5353

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2010 S Ocean Blvd.