NOT LISTED FOR SALE

406 8th Ave S Myrtle Beach, SC 29577

2 Beds
2 Baths
7,405 Sq Ft
1950 Built

Last Sold June 23, 2023

Last sale price $760,000 $103 Per Sq Ft

74 Days on Market

About This Home

As of June 2023

LOCATION, LOCATION, LOCATION. This 5 Unit 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 .

Last Agent to Sell the Property

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 01/23/2023

Last Buyer's Agent

Ester Esti Simantov

Own Myrtle Real Estate License #91220 Listed on: 01/23/2023

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Home Design

  • 7,405 Sq Ft Home
  • Slab Foundation

Location

  • East of US 17

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Community Details

  • 5 Units
  • Yaupon Circle Condos

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Amenities Available: Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1950
  • Class: Multi-Family
  • HOA Fee Frequency: Does Not Have Hoa
  • Lvt Date: 01/23/2023
  • Sold Total Heated Sq Ft: 7405
  • Sold Total Sq Ft: 7405
  • Total Heated Sq Ft: 7405
  • One Bedroom Rent Range: 1100
  • Two Bedroom Rent Range: 1300
  • Complex Name: Yaupon Circle
  • Number1 Br Units: 3
  • Number2 Br Units: 1
  • Numberefficiency: 1
  • Safety Features: Lead Based Paint Disc.
  • Utilities Owner Pays: Water/Sewer
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Sq Ft: 7405

Exterior Features

  • Foundation: Slab

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Electricity, Sewer, Water Public

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Lot Location: East Of Bus. 17
  • Zoning: mf

Multi Family

  • Number Of Units: 5
  • Efficiency Rent Range: 1000

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $760,000 -7.9% $103 / Sq Ft
01/23/2023 01/23/23 For Sale $825,000 +135.7% $111 / Sq Ft
11/05/2021 11/05/21 Sold $350,000 -39.0% $153 / Sq Ft
08/20/2021 08/20/21 Price Changed $574,000 -4.2% $252 / Sq Ft
07/27/2021 07/27/21 Price Changed $599,000 -7.8% $262 / Sq Ft
07/03/2021 07/03/21 For Sale $649,900 -- $285 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2301373

Coastal Carolinas Association of REALTORS®