406 5th Ave. N, Myrtle Beach, SC 29577
Local realty services provided by:ERA Wilder Realty
406 5th Ave. N,Myrtle Beach, SC 29577
$690,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: jeff forman
Office: keller williams the forturro group
MLS#:2600190
Source:SC_CCAR
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Price summary
- Price:$690,000
About this home
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!...
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Home facts
- Year built:1982
- Listing ID #:2600190
- Added:125 day(s) ago
- Updated:May 09, 2026 at 07:02 AM
Heating and cooling
- Cooling:Central Air
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:1982
- Lot Features:City Lot, Rectangular
- Construction Materials:Vinyl Siding
- Foundation Description:Slab
Schools
- High school:Myrtle Beach High School
- Middle school:Myrtle Beach Middle School
- Elementary school:Myrtle Beach Elementary School
Utilities
- Water:Public, Water Available
- Sewer:Sewer Available
Finances and disclosures
- Price:$690,000
Parking
- Parking description:Assigned
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