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$1,050,000
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Property Description
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.
Full Property Details
Full Property Details for 505 32nd Ave N
General
- Price: $1,050,000
- Status: Active
- Type: Apartment
- Source: 2260
- MLS ID: 2509408
- Updated: 11/13/2025
- Added to Site: 278 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Parking
- Parking Features: Assigned
Location
- Area: 16E Myrtle Beach Area--29th Ave N to 48th Ave N
- County: Horry
- Subdivision: Not within a Subdivision
School Information
- Elementary School: Myrtle Beach Elementary School
- Middle School: Myrtle Beach Middle School
- High School: Myrtle Beach High School
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Other, Phone Available, Sewer Available, Underground Utilities, Water Available
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Square Feet: 5,625
- Living Area: 5,604 Sq. Ft.
- Year Built: 1966
- Property Condition: Resale
Lot Features
- Lot Features: City Lot
- Zoning: RES
Financial Considerations
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, FHA, Other, Portfolio Loan
Disclosures and Reports
- Property ID: 42406030052
Listed by LPT Realty, LLC.
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Schools
Schools serving 505 32nd Ave N
School District:Horry County School District
| Name | Grades | Distance |
|---|---|---|
Myrtle Beach Child Development Center 612 29th Avenue North, Myrtle Beach, SC 29577 | PK-K | 0.4 mi |
Myrtle Beach Primary 620 29th Avenue North, Myrtle Beach, SC 29577 | 1-2 | 0.5 mi |
Myrtle Beach Elementary 950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 0.5 mi |
Myrtle Beach Middle School 3101 North Oak Street, Myrtle Beach, SC 29577 | 6-8 | 0.2 mi |
Myrtle Beach High School 3302 Robert M Grissom Parkway, Myrtle Beach, SC 29577 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 32nd Ave N
Date
Details
Price
Change
Source
10/07/2025
Price Reduced
$1,050,000
-4.55%
MLS
8/29/2025
Price Increased
$1,100,000
0.92%
MLS
8/07/2025
Price Reduced
$1,090,000
-0.91%
MLS
4/14/2025
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 505 32nd Ave N
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$25,255
71%
2023
-100%
$14,726
-44%
2021
$3,833
1%
$26,133
—
2020
$3,796
—
$26,133
-89%
2019
$3,796
11%
$245,433
15%
2018
$3,407
1%
$213,420
—
2017
$3,369
1%
$213,420
—
2015
$3,331
3%
$213,420
—
2014
$3,236
-5%
$213,400
1189%
2013
$3,417
—
$16,560
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 505 32nd Ave N
505 32nd Ave. N, Myrtle Beach, SC 29577 (MLS# 2509408) is a Apartment property with 0 bedrooms and 0 full bathrooms. 505 32nd Ave. N is currently listed for $1,050,000 and was received on April 14, 2025. Want to learn more about 505 32nd Ave. N? Do you have questions about finding other Apartment real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

