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    Property profile & analytics

    407 7th S Ave Myrtle Beach, SC 29577-4450

    • Garden apartment buildings
    • 6,390 SF
    • 0.66 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Oct 06, 2021
    $1,250,000
    Location Intelligence
    Property ID
    US77-1859267
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 407 7th S Ave

    Year built
    1960
    Construction
    CONCRETE
    Lot size
    0.66 lot acres
    Property size
    6,390 SF
    Zone code
    TA8
    Property type
    Garden apartment buildings
    APN
    443-11-02-0132
    APU
    44311020132

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.8959
    Latitude
    33.6805
    CBSA code
    34820
    CBSA name
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $20,430
    $14,580
    $19,488
    $34,068
    -
    $243,000
    $324,800
    $567,800

    Comparable in this City

    • Value Estimation by Request
      4,255 SF

      100 Summerwalk Pla

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      View Details
    • Value Estimation
      $520,000
      2,520 SF

      409 27th N Ave

      GARDEN APT, COURT APT (5+ UNITS) • 2,520 SF
      409 27th N Ave, Myrtle Beach, SC 29577-3029
      View Details
    • Value Estimation
      $450,000
      4,030 SF

      4805 Little Riv Rd, Unit 4

      GARDEN APT, COURT APT (5+ UNITS) • 4,030 SF
      4805 Little Riv Rd, Myrtle Beach, SC 29577-2491
      View Details
    • Value Estimation
      $470,000
      4,030 SF

      4805 Little Riv Rd, Unit 5

      GARDEN APT, COURT APT (5+ UNITS) • 4,030 SF
      4805 Little Riv Rd, Myrtle Beach, SC 29577-2492
      View Details
    • Value Estimation by Request
      1,000 SF

      402 12th S Ave

      GARDEN APT, COURT APT (5+ UNITS) • 1,000 SF
      402 12th S Ave, Myrtle Beach, SC 29577
      View Details
    • Value Estimation
      $1,155,000
      3,770 SF

      604 19th N Ave

      GARDEN APT, COURT APT (5+ UNITS) • 3,770 SF
      604 19th N Ave, Myrtle Beach, SC 29577-3185
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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      1,200 SF

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      Premium office suite in a vibrant Myrtle Beach business corridor.
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    • Contact for pricing
      100,000 SF

      Founders Centre Office Suites

      Myrtle Beach Class A Office Space
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    • $12 SF/Yr
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      Myrtle Beach Showroom/Warehouse Space

      Showroom and warehouse space available in Myrtle Beach, SC.
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      View Details
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    407 7th S Ave
    Myrtle Beach, SC 29577-4450
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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