203 76th Ave. N

Description

203 76th Avenue North presents a high-density coastal investment opportunity built around scale, layout, and adaptability just steps from the Atlantic Ocean. Located just 1 building behind oceanfront, the property is configured to support multiple large-format rental units designed for strong occupancy and group demand. Each of the four primary rental units offer approximately 1,800 square feet and is built out with four bedrooms, a full kitchen, two restrooms, a living room, a sunroom, and outdoor enclosed hot-water showers, creating a highly functional layout for both short-term and extended-stay tenants. The second floor adds another approximately 3,600 square feet and is currently built out with eight bedrooms, along with two kitchens, two living rooms, and four restrooms. These upper-level unit or units are accessed by interior staircases and have the ability to become favored Lock-Out style units with capability of renting a 4bd 2bath or 8bd 4 bath. The size and configuration of the second floor create flexibility for a variety of operating strategies, including large-group rentals, multiple mid-size units, or a blended income approach. From an investment standpoint, this property is designed for revenue generation rather than cosmetic appeal. Priced accordingly with condition, you will need to do some upgrades. Its beach-adjacent location supports premium rent potential, while the generous square footage and bedroom counts allow for higher per-stay or per-unit income compared to traditional multifamily layouts. Overall, 203 76th Avenue North offers a rare combination of beach proximity, large-scale rentable space, and built-in upside for investors seeking both cash flow and long-term value growth in the Myrtle Beach market.