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$485,000
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Property Description
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.
Full Property Details
Full Property Details for 607 1st Ave S
General
- Price: $485,000
- Status: Active
- Type: Apartment
- Source: 2260
- MLS ID: 2600219
- Updated: 1/4/2026
- Added to Site: 12 day(s) ago
Rental Information
- Lease/Rent Term: 12 Months
Additional Information
- Security/Safety: Heat Detector, Smoke Detector(s)
Parking
- Parking Features: Other
Location
- Area: 16G Myrtle Beach Area--Southern Limit to 10TH Ave N
- County: Horry
- Subdivision: Not within a Subdivision
School Information
- Elementary School: Myrtle Beach Elementary School
- Middle School: Myrtle Beach Middle School
- High School: Myrtle Beach High School
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Structural Information
- Exterior Const.: Stucco, Wood Frame
- Basement Desc.: Crawl Space
- Square Feet: 2,840
- Living Area: 2,840 Sq. Ft.
- Year Built: 1950
- Property Condition: Resale
Lot Features
- Lot Dimensions: 73' x 147'
- Lot Features: City Lot, Rectangular, Rectangular Lot
- Zoning: RES
Financial Considerations
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, Portfolio Loan
Disclosures and Reports
- Documents Avail.: Financials
- Property ID: 44305010042
Listed by Keller Williams The Forturro G
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Schools
Schools serving 607 1st Ave S
School District:Horry County School District
| Name | Grades | Distance |
|---|---|---|
Myrtle Beach Primary 620 29th Avenue North, Myrtle Beach, SC 29577 | 1-2 | 2.4 mi |
Myrtle Beach Child Development Center 612 29th Avenue North, Myrtle Beach, SC 29577 | PK-K | 2.4 mi |
Myrtle Beach Elementary 950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 2.8 mi |
Myrtle Beach Middle School 3101 North Oak Street, Myrtle Beach, SC 29577 | 6-8 | 2.4 mi |
Myrtle Beach High School 3302 Robert M Grissom Parkway, Myrtle Beach, SC 29577 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 607 1st Ave S
Date
Details
Price
Change
Source
1/04/2026
Listed
$485,000
-1.02%
MLS
4/11/2022
Sold
$490,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 607 1st Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,695
7%
$30,333
369%
2023
$6,245
271%
$6,470
—
2021
$1,683
1%
$6,470
—
2020
$1,667
—
$6,470
-94%
2019
$1,667
-1%
$107,840
2%
2018
$1,692
1%
$106,030
—
2017
$1,673
1%
$106,030
—
2015
$1,654
3%
$106,030
—
2014
$1,608
20%
$106,000
1850%
2013
$1,336
—
$5,436
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 607 1st Ave S
607 1st Ave. S, Myrtle Beach, SC 29577 (MLS# 2600219) is a Apartment property with 0 bedrooms and 0 full bathrooms. 607 1st Ave. S is currently listed for $485,000 and was received on January 04, 2026. Want to learn more about 607 1st Ave. S? Do you have questions about finding other Apartment real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

