101 Flagg St. Myrtle Beach, SC 29577
COMMERCIAL - Myrtle Beach, SC
Property Features for 101 Flagg St.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Exterior features
- Fixtures/Furniture, Office(s), Reception Area, Kitchen Facility, Living Quarters, Restrooms - Private
- Standard status
- Active
- Size
- 23,000 SF
- Lot size
- 0.47 Acres
Building Details
- Floors in Building
- 2
- Number of units
- 35
Listing agent Robyn Ashleigh Davis (727) 481-8077
Listing office Century 21 Stopper &Associates Myrtle Beach, SC (843) 685-2751
Listing date Jun 29, 2026
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.
The motel is centrally located in Myrtle Beach at 101 Flagg St., and the remarks indicate it is across the street from 2nd Ave Pier, Family Kingdom Amusement Park, and the boardwalk.
This offering is listed for sale with Commercial zoning, and the seller notes possible owner financing. All property is stated to convey with the sale.
Key Highlights
- 35‑unit motel in Myrtle Beach, 3rd row with ocean views from every building
- Prime setting across the street from 2nd Ave Pier, Family Kingdom Amusement Park, and the boardwalk
- Unit mix includes 1, 2, 3 and efficiency units
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $345.0k | $15.00 |
| − Vacancy | −$34.5k | −$1.50 |
| EGI | $310.5k | $13.50 |
| − OpEx | −$163.0k | −$7.09 |
| NOI | $147.5k | $6.41 |
Alternative Uses
Property Analytics
Current Use by Public Records
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