401 Alder St

Myrtle Beach SC 29577

3000 sq. ft.

Apartment

Currently for sale - view listing

Overview

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!