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Aiva - Coastal Carolina Group
Innovate Real Estate
sellingcoastalcarolinas@gmail.com +1(843) 242-7587Listed by Liat Edri • Realty ONE Group Dockside
$ 5,800,000
Est. payment /mo
Price Dropped by $490K
507 -509 Ocean Blvd. N Myrtle Beach, SC 29577
22,092 SqFt
UPDATED:
01/31/2025 03:06 PM
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
HOA Y/N No
Lot Size 0.630 Acres
Acres 0.63
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)
Fireplace No
Exterior
Present Use Hotel/Motel
Building
Sewer Public Sewer
Others
Tax ID 44408010202
Security Features Fire Alarm
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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