Rowe Ventures Realty
(843)602-5690

Viewing Listing MLS# 2600190

$785,000 | N/A beds | N/A full baths | N/A half baths | 6,156 sqft

$785,000 No Recent Price Change
406 5th Ave. N
Myrtle Beach, SC 29577
  • N/ABeds
  • N/AFull Baths
  • N/AHalf Baths
  • 6,156SqFt
  • 1982Year Built
  • 0.00Acres
  • MLS# 2600190
  • Residential
  • Apartment
  • Active

  • Approx Time on Market29 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!



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

Sqft Info

Building 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

Courtesy of Keller Williams The Forturro G 

Mortgage Calculator

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Approximate Monthly Payment 0.0
On roweventures.com since Sat, Jan 3rd 2026
No Property History recorded for this listing.

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