Welcome to 304 1st Avenue, Myrtle Beach, SC 29577, An Exceptional Investment Opportunity just one block from the Atlantic Ocean in the heart of Myrtle Beach. Situated on a generous 0.21 acre lot, this unique property features two duplex buildings offering four spacious 2 bedroom units and a total of approximately 3,390 heated square feet. Renovated in 2022, the front duplex includes two well appointed 2 bedroom units totaling approximately 2,100 heated square feet. Each unit features a large private balcony, creating an inviting outdoor space perfect for enjoying the coastal breeze. The rear duplex offers two additional 2 bedroom units totaling approximately 1,290 heated square feet, providing additional rental flexibility and strong income potential. Located in the highly desirable MU H zoning district, the property allows for both short term and long term rentals, making it an ideal opportunity for investors seeking a versatile income producing asset. With no HOA fees, owners benefit from maximum flexibility and minimal overhead. Positioned in the center of Myrtle Beach, this property is just steps from the beach, 2nd Avenue Pier and within walking distance to the area's most popular attractions, restaurants, entertainment, and shopping. Enjoy the convenience of coastal living while taking full advantage of the strong rental demand that Myrtle Beach is known for. A rare opportunity to own a multi unit property in one of Myrtle Beach's most sought after locations. Measurements and square footage are not guaranteed. Buyer or buyer's agent to verify all information.
| MLS # | 2606874 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1970 |
| Days On Site | 196 |
| Listing Provided By | Realty ONE Group Dockside | Liat Edri |
| SQ Feet | 3,390 |
|---|---|
| Basement | Y |
| Units | 4 |
| Zoning | MU-H |
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Central, Electric |
| Foundation Details | Crawlspace, Slab |
|---|---|
| Lot Features | Rectangular, Rectangular Lot |
| Parking Features | Other |
|---|
| Utilities | Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Water Available |
|---|
| Community Features | Long Term Rental Allowed, Short Term Rental Allowed |
|---|
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Hotel Section |
| Listing VS Median (in Hotel Section) | |
Price: $879,000 low | high Med: $962,500 sqft: 3,390 low | high Med: 2,599 $ / sqft: $259 low | high Med: $370 On site: 196 low | high Med: 35 | |
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Hotel Section |
| Listing VS Median (in Hotel Section) | |
Price: $879,000 low | high Med: $962,500 sqft: 3,390 low | high Med: 2,599 $ / sqft: $259 low | high Med: $370 On site: 196 low | high Med: 35 | |