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Investor Alert — 506 28th Ave N presents a rare and versatile opportunity in the heart of Myrtle Beach. This unique property includes a 3-bedroom, 4-bathroom home plus two adjacent vacant lots, offering exceptional potential for rental income, development, or a full rebuild across all three parcels. The main home showcases original heart pine walls and hardwood floors, blending timeless Southern charm with investment appeal. Inside, you’ll find a functional layout with a comfortable living space, a kitchen with plenty of cabinet and counter space, and multiple bedrooms designed for flexibility. Attached to the home is a second fully operational living unit, complete with a striking all-wood interior—perfect as a guest suite, private rental, or in-law quarters. Together, these two fully rentable living units provide a great opportunity to generate dual income streams from short-term or long-term tenants. And with two additional lots included, investors have the rare chance to expand, develop, or rebuild in one of Myrtle Beach’s most desirable and high-traffic areas. Just blocks from the beach and close to top dining, shopping, and attractions, this property offers location, flexibility, and long-term value—a must-see for savvy investors.
Basic Details
Property Type: Residential
Listing Type: For Sale
Listing ID: 2514886
Price: $599,900
Bedrooms: 3
Bathrooms: 4
Square Footage: 1,579 Sqft
Year Built: 1953
Lot Area: 0.26 Acre
Listing Status: Active
Office Name: Sloan Realty Group
Full Bathrooms: 4
Property Sub Type: Detached
Agent Phone Number: 843-213-1346
Agent Email: Listings@SRGmail.Com
Features
Heating SystemCentral, Electric
Cooling SystemCentral Air
PatioFront Porch, Screened, Porch
ParkingDriveway
UtilitiesElectricity Available, Cable Available, Water Available, Other
Architectural StyleTraditional
Exterior FeaturesSprinkler/Irrigation
FlooringVinyl, Wood
Interior FeaturesOther, Solid Surface Counters, Bedroom on Main Level, Split Bedrooms
Laundry FeaturesWasher Hookup
Appliances
Refrigerator
Range
Address Map
CountryUS
StateSC
CountyHorry
CityMyrtle Beach
Zipcode29577
Street: 28th Ave. N
Street Number: 506
Zoning: res
Directions: Get on US-501 S from Waccamaw Blvd Head northwest on Waccamaw Blvd Use the left lane to turn left onto George Bishop Pkwy Use the left 2 lanes to turn left to merge onto US-501 S toward Myrtle Bch Take US-17 N to 29th Ave N in Myrtle Beach Continue on 29th Ave N. Drive to 28th Ave N 506 28th Ave N Myrtle Beach, SC 29577
Mls Area Major: 16F Myrtle Beach Area--10th Ave N to 29th Ave N
Neighborhood
Elementary School: Myrtle Beach Elementary School
High School: Myrtle Beach High School
Middle School: Myrtle Beach Middle School
Additional Information
Water Source: Public
Association Amenities: Owner Allowed Golf Cart,Owner Allowed Motorcycle,Pet Restrictions