607 1st Ave. S
Myrtle Beach, SC, 29577 $ 485,000
Baths0.0 Sq 2,840 Monthly Estimate*
$ 2,986
Studio for $485,000. This 2,840 square foot apartment was built in 1950.
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.
See more
FeaturesGeneralHeating Central Electric
Cooling Central Air
Utilities Cable Available Electricity Available Phone Available Sewer Available Water Available
Possession Closing
Zoning RES
HOA Fee 0
Security Features Heat Detector Smoke Detector(s)
Construction Materials Stucco Wood Frame
Year Built 1950
Property Subtype Apartment
Community Features Long Term Rental Allowed
Assoc Fee Paid Per Monthly
County Horry
Property Type Residential
HOA false
Subdivision Name Not within a Subdivision
Status Active
High School Myrtle Beach High School
City Myrtle Beach
Number Of Units Total 5
MLS Area 16G Myrtle Beach Area--Southern Limit to 10TH Ave N
Elementary School Myrtle Beach Elementary School
Middle/Junior High School Myrtle Beach Middle School
Property Condition Resale
Ok to Lease 12 Months
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Apartment Multi Family
See more
InteriorBasement Crawl Space
Air Conditioning Y/N true
Heating Y/N true
See more
ExteriorParking Features Other
Lot Features City Lot Rectangular Rectangular Lot
Water Source Public
Foundation Details Crawlspace
Building Area Total 2840
Lot Dimensions 73' x 147'
See more
* Excluded FeaturesList ByKeller Williams The Forturro GBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,986
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyAbout Myrtle Beach, SC 36,371 Population
51% Since 2002
$ 41,847 Median Income
40.83 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Myrtle Beach High School High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/4/2026 | $485,000 | | Listed Price |