507 -509 Ocean Blvd. N Active

Myrtle Beach,SC 29577

$ 5800000

- Bed

- Bath

22092 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/ Motel

Listing Status Active

Purchase Type For Sale

Square Footage 22,092 sqft

Price per Sqft $262

MLS Listing ID 2423233

Lot Size 0.630 Acres

Property Sub-Type Hotel/ Motel

Property Description

5th & Ocean is a Brand New and Turn-Key 63 door hotel located on North Ocean Blvd, just a short walk from the Sky Wheel and across the street from the Ocean. Modern design and decor, custom showers. Fully operational.The property went through a Complete renovation in 2023-2024. All aspects of the property are new. All electric rewired, all plumbing replaced. All HVAC units NEW. New roof, New flooring, New bathrooms, NEW furniture, New blinds, NEW appliances and TV's. New Exterior and interior paint, New Sign, New Lobby, New parking. The pool and all common areas were redone in 2024. Commercial laundry facility on site. Multiple storage areas and all parking on site. Opened for business in April of 2024.

Location

State SC

County Horry

Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N

Zoning MU-H

Interior

Cooling Wall/ Window Unit(s)

Building

Sewer Public Sewer

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

View More
Favorite Go Tour