607 1st Ave. S
Myrtle Beach, 29577
Sold $415,000
Listed at $485,000
About this property
607 1st Avenue South is a flexible, income-oriented property located in one of Myrtle Beach’s most established in-town neighborhoods. The property offers approximately 2,800 square feet of interior space on a lot just over 10,000 square feet. The existing layout includes five units consisting of two 2-bedroom units, and two 1-bedroom units and one efficiency. Take advantage of the benefits of being in a designated opportunity zone. East of 17 bypass in Myrtle Beach. creating multiple rental-use scenarios and supporting strong income potential under a single roof. The location is a key driver of value. Situated minutes from the beach, major roadways, shopping, dining, employment centers, and entertainment, the property benefits from consistent year-round rental demand. Its central position within the 29577 zip code makes it attractive to long-term tenants, seasonal residents, and investors seeking properties that perform across multiple rental cycles. From an investment standpoint, this asset offers both stability and upside. The size and configuration allow for efficient management compared to scattered single-family rentals, while also presenting opportunities for interior updates, rent optimization, or alternative leasing strategies, subject to buyer verification of zoning and permitted use. As with many older properties in Myrtle Beach, buyers are encouraged to confirm square footage, utility configurations, and unit layout during due diligence. Overall, 607 1st Avenue South represents a practical investment opportunity in a proven rental corridor where location, scale, and adaptability support long-term income and value growth.
Listed by Keller Williams The Forturro Group. Information deemed reliable but not guaranteed.
Property details
- Status
- Closed
- Property type
- Apartment
- Units
- 5
- Bedrooms
- Per unit — see description
- Bathrooms
- Per unit — see description
- Living area
- 2,840 sqft
- Year built
- 1950
- Subdivision
- None
- County
- Horry
- Days on market
- 149
- HOA
- None
- MLS #
- 2600219
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