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Short-Term Rental Portfolio with Oceanfront Residences
For Sale
$13,500,000

123 Ocean Blvd., Myrtle Beach, SC 29572

MULTI-FAMILY, Myrtle Beach, SC

Property Size35,086 SF
Price / SF$384.77
Days on Market20

Property Features for 123 Ocean Blvd.

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Myrtle Beach Elementary School
Middle school Myrtle Beach Middle School
High school Myrtle Beach High School
Subdivision 16D Myrtle Beach Area--48th Ave N to 79th Ave N
Standard status Active
Size 35,086 SF

Building Details

Year built 2006
Number of units 26
Listing Agency: Realty ONE Group Dockside
Listed By: Liat Edri · License #6170
Added: Aug 10 Changed: Aug 19 Last Checked: Aug 29 at 12:06PM
MLS# 2619875

Copyright © 2026 Coastal Carolina Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This short-term rental portfolio includes 27 oceanfront condominium residences within resort communities in Myrtle Beach, South Carolina. The properties total 35,086 square feet and were built in 2006. Their oceanfront positioning and direct beach access support vacation-oriented use within established coastal accommodations.

The sale also includes an established website and a management platform. Resort amenities vary by property and may include swimming pools, lazy rivers, hot tubs, fitness facilities, restaurants, on-site entertainment, and landscaped grounds. Myrtle Beach demand is supported by beach travel, golf, dining, entertainment, family trips, sporting events, and seasonal tourism, with the portfolio positioned across multiple condominium residences rather than a single unit.

Key Highlights

  • 27 oceanfront condominium residences included
  • 35,086 square feet across the portfolio
  • Direct access to the Atlantic Ocean and sandy beaches

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Big Box & Wholesale Store Electrical Service Daycare Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27
Residential units

Location Intelligence

Trade Area within ½ mile

533
Businesses Nearby

Demographics for 29572, SC

10,711
Population
14,313
Households
0.7
Avg Household Size
57
Median Age
43%
College-Educated
95%
High-School Grad
8.9 sq mi
ZIP Area
1,203
Density / Sq Mi
$75,388
Median Household Income
$36,121
Median Earnings
$1,148
Median Rent
$385,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Collection of 27 condominium residences in resort settings with direct access to Atlantic beaches.
Where is this short term rental property located?
The property is located at 123 Ocean Blvd. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: 27 oceanfront condominium residences included; 35,086 square feet across the portfolio; Direct access to the Atlantic Ocean and sandy beaches
More about this property
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