401 Alder St. new Save Request In-Person Tour Request Virtual Tour
Myrtle Beach,SC 29577
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $249
Subdivision Not Within A Subdivision
MLS Listing ID 2511772
Year Built 1945
Property Sub-Type Apartment
Property Description
Incredible investment opportunity just blocks from the beach in the heart of downtown Myrtle Beach! This 7-unit multi-family property sits on a large corner lot with approximately 150 feet of frontage on 4th Avenue and 107 feet on Alder Street, offering both income potential and future development flexibility. The property features two buildings: a duplex with two 1-bedroom, 1-bath units (Units A & B), and a main building with five studio units (Units C–G). Located within walking distance to Broad Street, Ocean Boulevard, and the white sandy shores of the Grand Strand, this property offers unmatched access to everything Myrtle Beach has to offer—including top-rated dining, shopping, Broadway at the Beach, golf, putt-putt, fishing, and year-round entertainment. With strong rental demand and flexible use options—live in one, rent the others, or build new—this is a rare chance to own income-producing real estate in one of the fastest-growing coastal cities in the Southeast. Whether you're looking for a stable investment, a redevelopment project, or a hybrid personal-use property, your opportunity is right here—don't miss out!
Location
State SC
County Horry
Community Not Within A Subdivision
Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N
Zoning MF
Exterior
Parking Features Other
Building
Lot Description Corner Lot, City Lot, Irregular Lot
Schools
Elementary Schools Myrtle Beach Elementary School
Middle Schools Myrtle Beach Middle School
High Schools Myrtle Beach High School
Others
Special Listing Condition None