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806 S OCEAN BLVD Myrtle Beach SC 29577-4433

[Locked] • APN 44311030054

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Details
Property Type Hospitality
Sub Type Hotel, Motel
Building SqFt 22,442
Lot SqFt 36,112
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code MUH
Year Built 1966
Building Count 1
Opportunity Zone No
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Hospitality
Property Subtype
Hotel, Motel
Marketing Description

Investor Alert!!! Prime ocean boulevard opportunity exceptional investment opportunity in the heart of myrtle beach. This 60-door Hospitality property is constructed of durable concrete and steel and prominently positioned on a 0.83-acre corner lot at the Intersection of south ocean boulevard and 9th avenue south. Offering ocean views and located directly across from beach Access, this highly visible, high-traffic location places you in one of the most desirable tourism corridors along the grand strand. The property features a newly installed roof in 2026, providing immediate capital improvement value. On-site amenities include an Outdoor in-ground pool, welcoming lobby area, commercial laundry facility, multiple storage areas, and ample on-site parking. The Sale includes all furniture, fixtures, and equipment, delivering a true turnkey investment opportunity. All licenses and permits are Currently in effect, offering a seamless transition to operation. Guests enjoy walking-distance access to the iconic myrtle beach Boardwalk, the famous myrtle beach sky wheel, second avenue pier, family kingdom amusement park, along with abundant Shopping, dining, and entertainment options. Second-row positioning across from the beach access provides the perfect balance of Ocean proximity and long-term investment stability. Pin: 44311030054 financial information available upon request


Built on 0.83 acres just across from the beach, the boardwalk, the sky-wheel, the pier, and myrtle beach main attractions. An outdoor in-ground pool and a laundry facility are on site. (commercial laundry and tenants/ guest laundry). Sufficient Parking on property. Lobby and dining area, office. Full year gr: $1,751,713.00. the owner is not local. The property was Managed remotely. Property tax: $70,000 property insurance: +\- $30,000. room cleaning: 2 ladies during the season. $15 Per hour. Maintenance: $120 per week + accommodations on site. Reception: 2 people - rotation. $15 per hour. Pool Maintenance: $500 per month. Cable/ internet is $400 per month. The rest of the utility bills are attached. Currently Hospitality but could be converted to Multifamily per The City of Myrtle Beach. $250,000 of renovations in 2023

Investment Highlights
  • Number of Units 60
Sale Date
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
LE
Liat Edri PRO
•••.•••.6357
••••••ri18@•••••••.com
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