505 Chester St. #406C, Myrtle Beach, SC, 29577
About This Home
Don't miss this opportunity to own one of the most spacious units in the heart of one of the Southeast's most visited coastal destinations. This move-in ready 4-bedroom, 3.5-bathroom condo at 500 Chester Street is turnkey and ready to generate income from day one — no renovations, no waiting, just results. Step inside and you'll immediately appreciate the generous layout. Four well-proportioned bedrooms give this unit a distinct advantage over the typical 1- and 2-bedroom condos that dominate the Myrtle Beach market, making it ideal for larger family vacation rentals, traveling groups, or tenants seeking more space at a coastal address. Three and a half bathrooms mean no bottlenecks for guests or renters — a detail that drives reviews and repeat bookings on short-term rental platforms. Step out onto the private balcony and take in the surroundings of one of the Grand Strand's most vibrant neighborhoods, a feature that guests consistently highlight and that commands premium nightly rates. The unit's updated condition means a new owner can skip straight to listing and leasing. No deferred maintenance, no cosmetic overhaul — just a clean, attractive space ready for tenants or vacation guests the moment closing wraps. The recently paved street makes it shine better than the pictures show! Location seals the deal. Positioned in a highly walkable Downtown Myrtle Beach neighborhood, residents and guests are within easy reach of restaurants, shops, and entertainment without needing a car. Beach Plaza Centre is just two blocks away, Carolina Commons within a half-mile, and Myrtle Beach International Airport only 10 minutes out — a major draw for vacation renters flying in for a long weekend. Myrtle Beach's year-round festivals, the iconic Boardwalk, SkyWheel, and 60 miles of Grand Strand shoreline keep demand strong well beyond the summer peak season. Horry County's competitive property tax rates and affordable entry points relative to other coastal markets make the numbers work even harder. A 4-bed, 3.5-bath updated unit at this price point, in this location, doesn't stay available long. Schedule your showing today.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2024
Materials
- Foundation: Raised
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Raised Beach
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Range,Refrigerator,Range Hood,Dryer,Washer
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Attic,Ceiling Fan(s),Furnished,Main Level Primary,Pull Down Attic Stairs,Permanent Attic Stairs,Separate Shower,Vanity,Walk-In Closet(s),Window Treatments,Breakfast Bar,Bedroom on Main Level,Stainless Steel Appliances,Solid Surface Counters
- Window features: Window Treatments
- Flooring: Luxury Vinyl,Luxury VinylPlank
- Attic: Pull Down Stairs,Permanent Stairs
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 1,633
- Total interior livable area: 1,555 sqft
Kitchen
- Features: Breakfast Bar,Kitchen Exhaust Fan,Stainless Steel Appliances,Solid Surface Counters
Living Room
- Features: Ceiling Fan(s)
Master Bathroom
- Features: Separate Shower,Vanity
Master Bedroom
- Features: Ceiling Fan(s),Main Level Primary,Walk-In Closet(s)
- Level: First
Other
- Features: Bedroom on Main Level
Property
Details
- Parcel number: 44408010241
- Zoning: MF
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony
- Exterior features: Balcony
Lot
- Lot size: 871.20 sqft
- Features: City Lot,Rectangular,Rectangular Lot
Parking
- Total spaces: 3
- Parking features: Underground
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Earthquake
- Ice Storm
- Lightning
- Tornado
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Horry County and South Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,185 | $38,220 |
| Home Insurance * | $324 | $3,888 |
| Property Taxes | $199 | $2,388 |
| Electricity | $204 | $2,449 |
| Total | $3,912 | $46,944 |
Income You'd Need if You Spent...
South Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-12 | Listed for sale | $675,000 |
View on Zillow