Myrtle Beach Real Estate For Sale
$785,000 | N/A beds | N/A full baths | N/A half baths | 6,156 sqft
Myrtle Beach, SC 29577
- N/ABeds
- N/AFull Baths
- N/AHalf Baths
- 6,156SqFt
- 1982Year Built
- 0.00Acres
- MLS# 2600190
- Residential
- Apartment
- Sold
- Approx Time on Market3 months, 19 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- Subdivision Not within a Subdivision
Overview
Located in the heart of Downtown Myrtle Beach, 406 5th Ave N is a rare coastal multifamily investment comprised of six condominium regime units with individual tax IDs and meters, offering substantial income and growth potential just blocks from the Atlantic Ocean. Structured with two-story 2-bed/1.5-bath footprints, these units feature desirable layouts with private courtyards, granite countertops, laminate flooring, and washer/dryer hookups. Positioned east of Hwy 17 in a highly walkable 29577 neighborhood, this asset benefits from strong demand for rental housing, easy access to the beach, boardwalk, eateries, and retail, and consistent rental appeal with unit rents typically in the higher tier of the market. Previously sold as both individual condos and as a portfolio parcel, 406 5th Ave N presents investors with stable cash flow today and meaningful upside through updated renovations, interior modernization, and operational re-positioning that can boost rents and enhance overall valuation. With its combination of size, configuration, and proximity to coastal attractions, this property offers a compelling opportunity for a long-term multifamily hold, condo regime rental strategy, or seasonal rental conversion. Check it out TODAY!
Sale Info
Listing Date: 01-03-2026
Sold Date: 04-23-2026
Aprox Days on Market:
3 month(s), 19 day(s)
Listing Sold:
2 month(s), 11 day(s) ago
Asking Price: $785,000
Selling Price: $690,000
Price Difference:
Reduced By $95,000
Agriculture / Farm
Association Fees / Info
Hoa Frequency: Monthly
Community Features: LongTermRentalAllowed, ShortTermRentalAllowed
Bathroom Info
Total Baths: 0.00
Bedroom Info
Building Info
Year Built: 1982
Zoning: MF
Construction Materials: VinylSiding
Buyer Compensation
Exterior Features
Foundation: Slab
Financial
Garage / Parking
Parking Type: Assigned
Green / Env Info
Interior Features
Lot Info
Acres: 0.00
Lot Description: CityLot, Rectangular, RectangularLot
Misc
Offer Compensation
Other School Info
Property Info
County: Horry
Number of Units Total: 6
Stipulation of Sale: None
Property Sub Type Additional: Apartment,MultiFamily
Security Features: HeatDetector, SmokeDetectors
Construction: Resale
Room Info
Sold Info
Sold Date: 2026-04-23T00:00:00
Sqft Info
Total Sqft: 6400
Living Area Source: PublicRecords
Sqft: 6156
Tax Info
Unit Info
Utilities / Hvac
Heating: Central, Electric
Cooling: CentralAir
Cooling: Yes
Utilities Available: CableAvailable, ElectricityAvailable, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable
Heating: Yes
Water Source: Public
Waterfront / Water
Schools
Elem: Myrtle Beach Elementary School
Middle: Myrtle Beach Middle School
High: Myrtle Beach High School
Courtesy of Keller Williams The Forturro Group
MLS# 2214535 
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Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. MLS IDX data last updated on 07-04-2026 11:16 PM EST.
Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.