3 months on rocket

406 8th Ave S, Myrtle Beach, SC, 29577

$850,000

Home List Price

$10,000*

Closing Credit

0 Baths
7,405 SqFt
$115/SqFt
Condo
Schools Nearby

Location

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406 8th Ave S, Myrtle Beach$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built1950
MLS #2401449
StatusActive

About 406 8th Ave S

LOCATION, LOCATION, LOCATION. Five Units multifamily property is located just a block from the beach and consists of 1 -2 bedroom unit, 3 -1 bedroom units and 1 efficiency unit. Great Investment property! This 5 Unit Apartment building is suitable for short term and long term rentals. Situated between Ocean Blvd. and Highway 17 Business - short walk to beach, restaurants, shopping. Lot is oversized providing room for future expansion.The place has been renovated according to the city code .

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 7,405 SqFt

Listing Office:

  • Office Name: Own Myrtle Real Estate
  • Office Phone: (516) 233-0601

Exterior Features

Parking Information:

  • Parking: Other

School Info

Assigned Schools Information:

  • Myrtle Beach High School, Public District Grades 9-12
  • Myrtle Beach Intermediate School, Public District Grades 4-5
  • Myrtle Beach Elementary School, Public District Grades 2-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $115/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,430
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Myrtle Beach, SC.

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Myrtle Beach, SC

City

Med. Sold Price

$317K

Med. Price/SqFt

$212

Avg. Days On Market

111

# of Sold Homes

401

406 8th Ave S vs Myrtle Beach

105 DAYS ON ROCKET

-6 Days

$850,000

+$532.9K More

$115/SqFt

-$98 Less

KEY TAKEAWAY

This property is $532.9K more than the Median Sold Price and $98/SqFt less than other homes in Myrtle Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CCAR
  • MLS Number: #2401449

Listing Office:

  • Office Name: Own Myrtle Real Estate
  • Office Phone: (516) 233-0601

IDX Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 3:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,430$10,170
2019$2,430$157,183
2018$2,181$136,681
2017$2,157$136,681

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4780939
4
/10

  • Myrtle Beach Elementary School

  • 620 29th Ave N

  • 2.82 miles

  • Public District Grades 2-3

Middle School

school-card-donut-4780940
5
/10

  • Myrtle Beach Intermediate School

  • 3301 N Oak St

  • 3.09 miles

  • Public District Grades 4-5

High School

school-card-donut-4780941
6
/10

  • Myrtle Beach High School

  • 3302 Robert Grissom Parkway

  • 3.14 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,973. Residents of Myrtle Beach, SC typically earn less than $35k each year. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 406 8th Ave S

What is the listing price of this property?

The listing price of 406 8th Ave S property is $850,000.

What type of property is this?

The property 406 8th Ave S is a condo located in Myrtle Beach, South Carolina, 29577.

Is this property for sale now?

Active Listing: 406 8th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 406 8th Ave S are:
Myrtle Beach Elementary School: GreatSchools Rating 4/10
Myrtle Beach Intermediate School: GreatSchools Rating 5/10
Myrtle Beach High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,430 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 406 8th Ave S is 7,405 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 406 8th Ave S is 1950.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29577›406 8th Ave S

This home is located at 406 8th Ave S in Myrtle Beach, SC and zip code 29577. This 7,405 square foot home was built in 1950. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $850,000.

While more than 22 listings in Myrtle Beach, SC in April 2024 were sold above asking price, there were more than 75 listings sold at asking price, and more than 304 were sold below. The number of homes for sale in Myrtle Beach, SC increased by 4.7% between March 2024 and April 2024. In April 2024, listings were on the market for 111 days. During the same period, the median list price in this real estate market was $317,039.

From Rocket Homes Real Estate and based on county public records data.

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