Incredible Multi-Family Investment Opportunity – Just Blocks from the Beach! Located in the heart of Myrtle Beach, 505 32nd Avenue North offers a rare chance to own a versatile income-producing property just a short stroll to the ocean. This well-maintained multi-family compound features two separate buildings on one lot: Front House: Spacious 2-bedroom, 1-bathroom duplex, ideal for long-term tenants or potential owner-occupancy. Rear Building: Includes four total units—two 2-bedroom apartments and two 1-bedroom apartments, all with private entries and great rental history. Each unit features comfortable layouts, ample natural light, ceiling fans, and vintage charm throughout. Tenants enjoy off-street parking, mature landscaping, and close proximity to shops, dining, entertainment, and beach access. Whether you're looking to grow your rental portfolio, 1031 exchange, or live in one unit while renting out the others—this property is packed with potential. Zoned for multifamily, income-producing, and no HOA! ??Location perks: Walk or bike to the beach, near Myrtle Beach Convention Center, Broadway at the Beach, and all the action of the Grand Strand.
For sale
$999,999
505 32nd Ave. N, Myrtle Beach, SC 29577
--beds
--baths
5,604sqft
Multi Family, Apartment
Built in 1966
-- sqft lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
- 445 days |
- 64 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Bryan M Ricci Office:877-366-2213,
LPT Realty, LLC.
Source: CCAR,MLS#: 2509408
Originating MLS: Coastal Carolinas Association of Realtors
Originating MLS: Coastal Carolinas Association of RealtorsLoading...
Facts & features
Interior
Interior area
- Total structure area: 5,625
- Total interior livable area: 5,604 sqft
Property
Parking
- Parking features: Assigned
Lot
- Features: City Lot
Details
- Additional parcels included: ,
- Parcel number: 42406030052
- Zoning: RES
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Stucco, Wood Frame
Condition
- Resale
- Year built: 1966
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Underground Utilities, Water Available
Community & HOA
Community
- Subdivision: Not within a Subdivision
HOA
- Has HOA: No
Location
- Region: Myrtle Beach
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $631,373
- Annual tax amount: $4,313
- Date on market: 4/14/2025
- Listing terms: Cash,Conventional,FHA,Other,Portfolio Loan
- Lease term: 12 Months
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,844/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Price change | $999,999-4.8%$178/sqft |
Source:  CCAR #2509408 Report a problem | ||
| 10/7/2025 | Price change | $1,050,000-4.5%$187/sqft |
Source: CCAR #2509408 Report a problem | ||
| 8/29/2025 | Price change | $1,100,000+0.9%$196/sqft |
Source: CCAR #2509408 Report a problem | ||
| 8/7/2025 | Price change | $1,090,000-0.9%$195/sqft |
Source: CCAR #2509408 Report a problem | ||
| 4/15/2025 | Listed for sale | $1,100,000+378.3%$196/sqft |
Source: CCAR #2509408 Report a problem | ||
| 5/31/1996 | Sold | $230,000$41/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,313 +7.2% | $282,248 +15% |
| 2023 | $4,024 +1.1% | $245,433 |
| 2022 | $3,980 +3.8% | $245,433 |
| 2021 | $3,833 +1% | -- |
| 2020 | $3,796 | -- |
| 2019 | -- | -- |
| 2018 | $3,429 | $12,810 -33.6% |
| 2017 | -- | $19,295 |
| 2016 | -- | $19,295 +126% |
| 2015 | -- | $8,537 -33.3% |
| 2014 | -- | $12,806 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2010 | -- | $16,560 +34.6% |
| 2009 | -- | $12,300 |
| 2008 | -- | $12,300 |
| 2007 | -- | $12,300 +50% |
| 2005 | -- | $8,200 |
| 2004 | $1,442 +11.1% | $8,200 +11.1% |
| 2003 | $1,298 | $7,384 |
| 2002 | -- | -- |
| 2000 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 29577
Nearby schools
GreatSchools rating
- NAMyrtle Beach Child Development CenterGrades: PK-KDistance: 0.4 mi
- 7/10Myrtle Beach Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Myrtle Beach High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Myrtle Beach Elementary School
- Middle: Myrtle Beach Middle School
- High: Myrtle Beach High School
Source: CCAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- South Carolina
- Horry County
- Myrtle Beach
- 29577
- 505 32nd Ave. N
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