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Four-Building Apartment Property
For Sale
Contact for pricing
Pending

407 7th Ave S, Myrtle Beach, SC 29577

MUH zoning supports high-density multifamily development with substantial vertical construction potential.

Property SizeContact for details
Lot Size0.66 Acres
Days on Market143

Property Features for 407 7th Ave S

General Information

Standard status Pending
Lot size 0.66 Acres
Property subtype Multifamily
Zoning MUH

Units

Unit Mix 16 x efficiency, 6 x 2BR
Multifamily Units 21

Building Details

Buildings 4
Listing Agency: Esti Simantov
Listed By: Esti Simantov · License #SC 75252575
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Esti Simantov

Investment Insights

Based on property information with market context.

This apartment property comprises a four-building compound on 0.66 acres at 407 7th Ave S in Myrtle Beach. The site is designated MUH, and that zoning allows high-rise construction reaching almost 200 feet in height.

The property is offered for sale as an apartment-building asset. Additional properties at 706 Mitchel Dr and 406th 8th Avenue South may be combined with this property as a larger 0.98-acre, 30-unit package eligible for a PUD.

Key Highlights

  • Four‑building apartment compound
  • 0.66 acres at 407 7th Ave S, Myrtle Beach, SC 29577
  • MUH zoning

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Computer & Electronic Repair Law Firm (Bike/Boat/Book/etc) Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

21
Residential units

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

Demographics for 29577, SC

34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - MUH zoning supports high-density multifamily development with substantial vertical construction potential.
Where is this apartment building located?
The property is located at 407 7th Ave S Myrtle Beach, SC.
What are key features of this property?
This property features: Four‑building apartment compound; 0.66 acres at 407 7th Ave S, Myrtle Beach, SC 29577; MUH zoning
More about this property
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