$6,323 Closing Credit¹
#2511585, Listing office: Ocean Front Guru Real Estate
$749,900 List price
401 Alder St Myrtle Beach, SC 29577
$8,905
Closing credit¹
3,000 sqft
$250 / sqft
Condo
Property details
About 401 Alder St
Incredible investment opportunity just blocks from the beach in the heart of downtown Myrtle Beach! This 7-unit multi-family property sits on a large corner lot with approximately 150 feet of frontage on 4th Avenue and 107 feet on Alder Street, offering both income potential and future development flexibility. The property features two buildings: a duplex with two 1-bedroom, 1-bath units (Units A & B), and a main building with five studio units (Units C–G). Located within walking distance to Broad Street, Ocean Boulevard, and the white sandy shores of the Grand Strand, this property offers unmatched access to everything Myrtle Beach has to offer—including top-rated dining, shopping, Broadway at the Beach, golf, putt-putt, fishing, and year-round entertainment. With strong rental demand and flexible use options—live in one, rent the others, or build new—this is a rare chance to own income-producing real estate in one of the fastest-growing coastal cities in the Southeast. Whether you’re looking for a stable investment, a redevelopment project, or a hybrid personal-use property, your opportunity is right here—don’t miss out!
Highlights
Home typeCondominium
StatusActive
Size3,000 sqft
Year built1945
ParkingOther
MLS #2511772
Summary
- Parking: Other
- List Price: $749,900
- Price/SqFt: $249
- HOA Amount: $0 Monthly
- Annual Tax Amount: $5,903
- Tax Year: 2021
- Lot: Corner Lot, City Lot, Irregular Lot
- Directions: From Downtown Myrtle Beach, head southwest on US-501 S toward Broadway Street. Continue straight, then turn left onto Robert M. Grissom Parkway. After about 1.5 miles, turn right onto Harrelson Boulevard. Continue for approximately one mile, then turn left onto Alder Street. The property at 401 Alder Street will be on your right.
- Year Built: 1945
- Living Area: 3,000 SqFt
- MLS Number: 2511772
- MLS Name: CCAR
- Office Name: Beach One Realty LLC
- Office Phone: (843) 213-1720
- Office Email: michael@beachonerealty.com
Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/14/2025, 5:45:25 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$749,900
401 Alder St
$8,905
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 07, 2019 | Home Sold | $410,000 |
| Sep 10, 2018 | Home Sold | $130,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $22,693 | $- |
| 2021 | $22,693 | $5,903 |
| 2019 | $178,520 | $2,759 |
| 2018 | $162,810 | $2,598 |
| 2017 | $162,810 | $2,569 |
History based on county public records data.
Nearby schools
3
Myrtle Beach Elementary School
Public District 3-5
2.3 mi
•690 33rd Ave N
7
River Oaks Elementary School
Public District PK-5
3.8 mi
•700 Augusta Plantation Dr
7
Lakewood Elementary School
Public District PK-5
4.7 mi
•1675 Highway 396
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,131. Residents of Myrtle Beach, SC typically earn less than $<35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
55%
<35k
35%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
17%
Single, with Kids
12%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
5%
12-17 yrs old
33%
18-34 yrs old
43%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Church's Chicken
What do the neighbors drive?
Buick
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Myrtle Beach, SC
Transportation in Myrtle Beach is facilitated by a series of major roadways, including Highway 17, which provides access to various parts of the city and neighboring areas. Public transit options are available, with bus services connecting key locations throughout the city. The area is moderately walkable, particularly around the boardwalk and central business district, where residents and tourists can enjoy easy access to shops, restaurants, and attractions. Bike paths and lanes are also present, promoting a bike-friendly environment. Ride-sharing services are operational in the area, complementing the existing transportation infrastructure.
The community is served by a network of public services that cater to the needs of residents and visitors alike. Educational opportunities are available through a selection of public and private schools, with a focus on both academic and extracurricular development. Healthcare services are accessible via local clinics and regional hospitals that provide a range of medical care. Retail and dining options abound, offering everything from casual eateries to upscale dining experiences, many of which feature fresh, local seafood. The city is also proactive in enhancing services to accommodate its growing population and tourism industry.
Myrtle Beach is celebrated for its vibrant community spirit and leisurely pace of life, with the oceanfront serving as the heart of the city's social and cultural activities. The area prides itself on being a family-friendly destination, offering a plethora of attractions such as amusement parks, live entertainment, and annual festivals that showcase local talent and cuisine. The community's character is further enriched by its scenic boardwalk, pristine beaches, and well-maintained public spaces that encourage outdoor living and recreation.
Myrtle Beach offers a dynamic housing market with a mix of residential options to suit various preferences and budgets. The housing landscape is characterized by a blend of single-family homes, condominiums, and townhouses, with a noticeable presence of beachfront properties that highlight the coastal lifestyle. Architectural styles range from contemporary to traditional beach house designs, reflecting the area's resort-town atmosphere. The market is diverse, with a significant portion of properties serving as vacation homes or investment opportunities.
About 401 Alder St
The listing price of 401 Alder St property is $749,900.
The property 401 Alder St is a condo located in Myrtle Beach, South Carolina, 29577.
Active Listing: 401 Alder St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 401 Alder St are: Myrtle Beach Elementary School (GreatSchools Rating 3/10), River Oaks Elementary School (GreatSchools Rating 7/10), Lakewood Elementary School (GreatSchools Rating 7/10), Myrtle Beach Middle School (GreatSchools Rating 5/10), Palmetto Academy of Learning and Success Charter (GreatSchools Rating 6/10), Ten Oaks Middle School (GreatSchools Rating 8/10), Myrtle Beach High School (GreatSchools Rating 4/10), Socastee High School (GreatSchools Rating 5/10), Carolina Forest High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2021 is $5,903 (source: MLS/based on county public records data).
The last sale was on October 7, 2019 for $410,000 (source: MLS/tax record).
The property at 401 Alder St has 0 bathroom.
The property 401 Alder St is 3,000 SqFt (source: MLS/tax record).
The year of construction for 401 Alder St is 1945.
This home is located at 401 Alder St in Myrtle Beach, SC and zip code 29577. This 3,000 square foot home was built in 1945. Features: 0 bathroom. It has been listed on Rocket Homes since May 30, 2025 and is currently priced at $749,900.
In May 2025, from all listings sold in Myrtle Beach, SC there were more than 24 sold above asking price, over 315 sold below and more than 83 were sold right at the asked price. The number of listings in Myrtle Beach, SC increased by 4.2% between April and May 2025. In May 2025 median list price was $325,000 and the average listing age was 109 days.
From Rocket Homes Real Estate and based on county public records data.