701 S Ocean Blvd.,Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
Description
RARE MYRTLE BEACH RESORT INVESTMENT OPPORTUNITY! Calling all INVESTORS! Introducing an exceptional opportunity to acquire a 21-unit resort property along the highly desirable S Ocean Blvd in the heart of Myrtle Beach. Positioned in one of the Grand Strand's most sought-after vacation destinations, this unique property combines location, income-producing potential, and long-term redevelopment possibilities all in one incredible offering. The resort features 21 individual units, a private outdoor swimming pool, and a prime beachside location just steps from the Atlantic Ocean. Guests can enjoy easy access to the beach while being minutes from the Myrtle Beach Boardwalk, restaurants, entertainment, attractions, shopping, golf, and everything that makes Myrtle Beach one of the Southeast's premier vacation destinations. With Myrtle Beach welcoming millions of visitors each year, this property presents tremendous potential for short-term vacation rentals, resort operations, repositioning, renovation, or the creation of a distinctive boutique hospitality concept. The combination of multiple rentable units, pool amenities, and an outstanding Ocean Boulevard location creates an opportunity that is increasingly difficult to replicate. Whether you're looking to expand an existing hospitality portfolio, establish a flagship Myrtle Beach vacation rental property, or capitalize on the future potential of a highly desirable coastal site, 701 S Ocean Blvd deserves serious consideration. Opportunities to acquire an entire 21-unit resort property in this location are exceptionally rare. Own a substantial piece of Myrtle Beach's tourism corridor and bring your vision to one of the most recognized beach destinations on the East Coast. NO HOA.
Details
| MLS # | 2622342 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Year | 2015 |
| Days On Site | 20 |
| Listing Provided By | Rowles Real Estate | Desiree Rowles |
Features
| SQ Feet | 40,480 |
|---|---|
| Story(s) | 4 |
| Units | 21 |
| Building(s) | 1 |
| Zoning | Commercial |
| Acreage | 0.57 |
Interior
| Cooling Yes / No | Yes |
|---|---|
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Central |
| Interior Features | Elevator, Storage |
Exterior
| Exterior Features | Sprinkler Irrigation |
|---|---|
| Security Features | Fire Alarm, Fire Sprinkler System |
| Construction Materials | Stucco |
Utilities
| Sewer | Public Sewer |
|---|
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $13,500,000 low | high Med: $354,900 sqft: 40,480 low | high Med: 1,316 $ / sqft: $333 low | high Med: $270 On site: 20 low | high Med: 51 | |
Market Activity 29577
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Community Name | Not within a Subdivision |
| Listing VS Median (in Not within a Subdivision) | |
Price: $13,500,000 low | high Med: $354,900 sqft: 40,480 low | high Med: 1,316 $ / sqft: $333 low | high Med: $270 On site: 20 low | high Med: 51 | |