SC
Horry
Myrtle Beach
29577
406 5th Ave. N Ave
406 5th Ave. N Ave, Myrtle Beach, SC 29577
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Listing Type
Mobile Home
Listing Status
Active
16
$785,000

Home Details for 406 5th Ave. N Ave

Price
$785,000
Type
Residential
Bedrooms
0
Bathrooms
Square feet
6156
Year built
1982
County
Horry
Garage
Days on site
2
MLS Listing#
2600190
Presented by: Jeff Forman - 843-902-4325
Property Description

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!

Property Features
  • Utilities
    • Cable Available
    • Electricity Available
    • Phone Available
    • Sewer Available
    • Underground Utilities
    • Water Available
  • Heating Information
    • Central
    • Electric
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Parking
    • Assigned
School Information
School Information for 406 5th Ave. N Ave, Myrtle Beach, SC 29577
Elementary School
Myrtle Beach Elementary School
Middle School
Myrtle Beach Middle School
High School
Myrtle Beach High School
Coastal Carolina Association of Realtors logoProvided courtesy of the Coastal Carolinas MLS. Copyright ©2026 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Coastal Carolina Association of Realtors.
EXIT REALTY LOWCOUNTRY GROUP
3294 Ashley Phosphate Road Suite 1-E, North Charleston, SC 29418
Corwyn J. Melette
License #: 46417
Franchisee
Office
843 619 3005
Agent
843 364 3095
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