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$1,700,000

Beds
Unknown
sq ft
20,151

403 6th Ave S, Myrtle Beach, SC 29577

403 6th Ave S

Myrtle Beach, SC 29577

  • 83 days on market
    • Price drop $200,000↓
Prime investment opportunity in the heart of Myrtle Beach! This add-value property at 403 6th Avenue features 20 units just steps away from the Pavilion and within walking distance to the beach. Perfectly positioned for long-term rentals, vacation stays, or redevelopment, Offering a build in pool, laundry room, and vendors machines this property offers tremendous potential to capitalize on its unbeatable location in a high-demand area Situated close to shopping, dining, and Myrtle Beach attractions, this is your chance to create a thriving income-generating asset. Don’t miss out on this rare find—schedule your showing today! New pictures coming soon

Details

Property type

Apartment

Lot size

Unknown

Price per sq ft

$85

Year built

1960

Price History

03/20/2025
CanopyMLS

CanopyMLS #4212407

Price change
$1,700,000
-10.53%
02/11/2025
CanopyMLS

CanopyMLS #4212407

Listed
$1,900,000
02/08/2025
CanopyMLS

CanopyMLS #4212407

Pending
$1,900,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,269,666
Asking price
$1,700,000
Closing costs (~8% of asking)
-$136,000
Est. remaining loan balance
-$294,334
Cash to seller
$1,269,666

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Michael Freedland

Loan start date

November 2023

Original loan amount

$960,000

Est. remaining balance

$294,334

Interest rate

7.18%

Loan type

New Conventional, 2 year

Seller

Jd5 Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/03/2025 at 2:30 PM

Listing updated: 03/20/2025 at 10:32 PM

Listed by: Rotem Eckman, McClure Group Realty LLC Phone #: (704) 388-2106

MLS: CanopyMLS #4212407

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