$350,000
SOLD NOV 5, 2021

406 8th Ave S Myrtle Beach, SC 29577

4 Beds
5 Baths
2,282 Sq Ft
1950 Built

Recently Sold

$153 Per Sq Ft

46% Below List Price

53 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 3 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.

Last Agent to Sell the Property

Tatiana Sheffer

RE/MAX Southern Shores License #69917 Listed on: 07/03/2021

Last Buyer's Agent

Ester Esti Simantov

Own Myrtle Real Estate License #91220

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1950

Home Design

  • 2,282 Sq Ft Home

Additional Features

  • Rectangular Lot
  • East of US 17
  • Central Heating

Community Details

  • 5 Units

Property Details

Home Type

Apartment

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Lot Description: Rectangular
  • Estimated Year Built: 1950
  • Class: Multi-Family
  • Lvt Date: 07/03/2021
  • Sold Total Heated Sq Ft: 2282
  • Sold Total Sq Ft: 2282
  • Total Heated Sq Ft: 2282
  • One Bedroom Rent Range: $1,000 per month
  • Three Bedroom Rent Range: $1,400 per month
  • Estimated Gross Scheduled Rent: $70,200
  • Number1 Br Units: 3
  • Number3 Br Units: 1
  • Numberefficiency: 1
  • Utilities Owner Pays: Water/Sewer
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Total Sq Ft: 2282

Garage/Parking

  • Type: Apartments

Utilities

  • Utilities Available: Water Public
  • Heating Cooling: Central Heat

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: $1,000 per month

Similar Homes in Myrtle Beach, SC

  • 719 11th Ave S Unit Sandridge Place, Myrtle Beach, SC 29577

    $325,000

    • 4 Beds
    • 2 Baths
    • 1,773 Sq Ft
    • 719 11th Ave S
    • Unit Sandridge Place
    • Myrtle Beach, SC

    This is a nice all brick duplex with a fenced in backyard in Myrtle Beach. Stable Tenants in place. Good Income. Great investment opportunity. Leases are month to month. Property "Sold AS IS". All measurement are approximate, and not guaranteed. Agents and Buyers should verified during due diligence.

    Lui Cheng CB Sea Coast Commercial

    Section Image
  • 207 Townes Ct, Myrtle Beach, SC 29588

    $325,000

    • Studio
    • 2,200 Sq Ft
    • 207 Townes Ct
    • Myrtle Beach, SC

    This exceptional duplex in the sought-after Socastee area offers a rare investment opportunity or the perfect vacation home. Each unit features 2 bedrooms and 1.5 bathrooms, providing comfortable living spaces for tenants or future occupants. Unit B has gone through extensive updates from top to bottom. Including new luxury vinyl plank flooring throughout, fresh interior paint, and gorgeous new

    Kelly Jones CRG Homes

    Section Image
  • 4380 Grim Ln, Myrtle Beach, SC 29588

    $425,000

    • Studio
    • 4380 Grim Ln
    • Myrtle Beach, SC

    Own Your Own Mini Mobile Home Park on 1.35 Acres within Minutes to Beach Access. You are only about 10 Minutes to Surfside Beach. This property is Close to Restaurants, Shopping, and Great Access to Highway 31 to connect to anywhere in the area with ease. Schedule your Appointment Today to see this Great Investment Property!!!!!

    Shannon Alford Keller Williams Innovate South

    Section Image
See All Homes in Myrtle Beach

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

  • Ester Esti Simantov

    Seller's Agent in 2023

    Ester Esti Simantov

    Own Myrtle Real Estate

    (843) 457-9780

    95 Total Sales

    Section Image
  • Tatiana Sheffer

    Seller's Agent in 2021

    Tatiana Sheffer

    RE/MAX

    (843) 655-2882

    107 Total Sales

    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2114539

Coastal Carolinas Association of REALTORS®

South Carolina Horry County Myrtle Beach 29577

406 8th Ave S, Myrtle Beach, SC

This home is located at 406 8th Ave S, Myrtle Beach, SC 29577 and is currently priced at $350,000, approximately $153 per square foot. This property was built in 1950. 406 8th Ave S is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Nearby Homes