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Coastal Carolina Group

Innovate Real Estate-Coastal Carolina Group

sellingcoastalcarolinas@gmail.com

Listed by Desiree Rowles • Rowles Real Estate • Cell: 843-450-2535

$ 13,500,000

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701 S Ocean Blvd. #ENTIRE BUILDING AND LOT Myrtle Beach, SC 29577

40,480 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/ Motel

Listing Status Active

Purchase Type For Sale

Square Footage 40,480 sqft

Price per Sqft $333

Municipality Not within a Subdivision

Subdivision Not Within A Subdivision

MLS Listing ID 2622342

HOA Y/N No

Year Built 2015

Lot Size 0.570 Acres

Acres 0.57

Property Sub-Type Hotel/ Motel

Source CCAR

Property 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.

Location

State SC

County Horry

Community Not Within A Subdivision

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

Zoning Commercial

Interior

Interior Features Elevator, Storage

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Sprinkler/ Irrigation

Amenities Available Elevator(s), Storage

Present Use Hotel/Motel

Building

Sewer Public Sewer

Others

Senior Community No

Tax ID 44311030224

Security Features Fire Alarm,Fire Sprinkler System

Acceptable Financing Cash, Conventional, Other, Portfolio Loan

Listing Terms Cash, Conventional, Other, Portfolio Loan

Special Listing Condition None

Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

Nearby School & Business

Coastal Carolina Group

Client Care Specialist

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