208 2nd Ave. S
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$4,750,000

208 2nd Ave. S
North Myrtle Beach, SC 29582
Listed by Baldwin Oak Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
15,200 sqft
Year built
2002

About this home

Two Building Coastal Income Property | 24 Units | 15,200 SF | Proven Revenue | Expansion Stabilizing *Full Offering Memorandum with financials available upon request* This offering presents a rare opportunity to acquire a single parcel investment property with two income producing buildings in North Myrtle Beach, SC. The property consists of approximately 15,200 square feet across two buildings, zoned Resort Commercial, and located within walking distance to the ocean. The Ocean Surf Club (built 2002) has demonstrated strong operating history with gross revenue in 2024 & 2025. The property features a new roof and boiler and has been operated through Myrtle Beach Tours with additional exposure via VRBO. The recently acquired and renovated adjacent building (Little Crane) expands the total rentable footprint and provides immediate revenue growth potential as it stabilizes under unified operations. Investment Highlights: • 15,200 SF across two coastal parcels • Proven historical gross revenue (208 building) • Renovated expansion building increasing income potential • Resort Commercial zoning • Parking and elevated deck amenities • Strong seasonal tourism demand • Optional leaseback structure available This asset offers investors a compelling blend of in-place yield and growth upside in one of the Southeast’s most active coastal rental markets. Full Offering Memorandum available upon request. Investment Highlights Proven Operating Performance Coastal Walkable Location Multi-building coastal investment property Renovated Expansion Resort Commercial Zoning Recent Capital Improvements

Property details

MLS #
2613313
Property type
Other
Subdivision
Not within a Subdivision
Status
Active
Days on market
68
On market date
May 22, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Ocean Drive Elementary
1.08 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Good (2025)
Enrollment
801
Student:teacher ratio
16.0:1
District
Horry 01
Middle
North Myrtle Beach Middle
2.31 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Good (2025)
Enrollment
1,256
Student:teacher ratio
17.4:1
District
Horry 01
High
North Myrtle Beach High
3.08 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Excellent (2025)
Enrollment
1,657
Student:teacher ratio
19.5:1
District
Horry 01

Mortgage calculator

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Est. monthly payment
$28,755/mo
$950,000 down
$3,800,000 loan
Principal & interest$24,647
Property tax (est.)$3,958
Home insurance (est.)$150

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Data source: Listing information provided by Coastal Carolinas Association of REALTORS® (CCAR) via Trestle/CoreLogic. Last updated 23 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.