505 28th Ave N

Off Market

505 28th Ave N

Myrtle Beach SC 29577

6226 sq. ft.

Apartment

Last sold for $1,138,500

Nicholas Strumke, last sold this property on 20 February 2026 after 625 days on market.

Overview

PRICE REDUCED! Rare 19-Unit updated Investment Opportunity in the Heart of Myrtle Beach! Don’t miss your chance to own this rental powerhouse just steps from the beach and minutes from vibrant downtown Myrtle Beach.The property has had many updates including new flooring, kitchens, bathrooms, painting, fixtures and more! Situated on a generous 0.51-acre lot, this 19-unit property offers spacious studio apartments and is perfectly positioned for both short-term and long-term rental strategies. With strong management already in place, this property is performing exceptionally well — and still offers room to grow income even further. Whether you’re looking to expand your portfolio or break into one of the Southeast’s fastest-growing coastal markets, this is a rare opportunity that checks all the boxes. Located close to Myrtle Beach International Airport, world-class golf courses, popular restaurants, and of course, the ocean, this property offers unmatched convenience for vacationers, snowbirds, and long-term tenants alike. Key Highlights: 19 spacious studio units Prime 0.51-acre lot just steps from the beach Excellent current rental performance Flexible investment: long-term or short-term rentals Close to airport, golf, dining, and downtown Myrtle Beach Rare high-density opportunity on a large parcel The Myrtle Beach market continues to thrive, and properties like this don’t come along often. Schedule your private showing today and secure your place in one of the most dynamic beachside markets on the East Coast!

Features

6226 sq. ft. floor area

Apartment

Estimated Value

Based on this property and similar apartments sold in Myrtle Beach over the last 12 months, the estimated median property value of 505 28th Ave N is $912.5k.

Median value

$912.5k

Estimated value range

$690k - $1.14m

Median days on market

150

Estimated value trend

30%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Myrtle Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 505 28th Ave N

2026

Sold

$1,138,500

20 Feb 2026 by Nicholas Strumke, of PALMS REALTY

2018

Sold

$917,500

12 Jun 2018 by Efi Shahar, of Century 21 The Harrelson Group

Happy sellers in Myrtle Beach

71%

71% of sellers in Myrtle Beach reported that their sale price either exceeded or met their price expectations.

Myrtle Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Myrtle Beach over the last 12 months.

Local market activity for apartments in Myrtle Beach

In the last 12 months, 3 apartments similar to 505 28th Ave N, have been sold.

This represents a 25% increase in apartments sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Myrtle Beach for a market analysis.

Vicki Harvey

at Realty ONE Group Dockside | Myrtle Beach

(107 reviews)

Get a market analysis

Deborah Hudson

at Realty ONE Group Dockside | Myrtle Beach

(35 reviews)

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Amanda McCoy

at Realty ONE Group Dockside | Myrtle Beach

4.9

(14 reviews)

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Liat Edri

at Realty ONE Group Dockside | Myrtle Beach

(17 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Myrtle Beach

Vicki Harvey

Sellers who recommend Vicki Harvey have praised them for being local expert, clear communication, empathetic, great negotiation, pleasant, attentive, and dedicated