Oceanfront Condo with Resort
1105 S Ocean Blvd 904 Myrtle Beach, SC 29577
1105 S Ocean Blvd 904, Myrtle Beach, SC, 29577
$125,000
For Sale
$125,000
Updated condo with ocean views and extensive resort amenities.
Property Size643 SF
Price / SF$194.40
Days on Market875
Property Features for 1105 S Ocean Blvd 904
General Information
- Standard status
- Active
- Size
- 643 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1987
Listing agency
RE/MAX Southern Shores
(843) 655-8077
Listed by
Kelly S Fink · License #63547
(843) 655-8077
Source
Exitrealty
Added: Feb 28, 2024 Updated: Jul 6 at 12:04PM Checked: Jul 21 at 6:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Southern Shores
Investment Insights
Based on property information with market context.
This true 1-bedroom, 1-bath condo offers oceanfront views and access to resort amenities. The unit features granite countertops, designer furnishings, custom cabinetry, a 55-inch flat-screen TV, and a Murphy bed. A new heating and cooling system was installed in 2025. Located in Myrtle Beach, the condo is part of a resort that has been recognized for its family accommodations. Resort amenities include indoor and outdoor swimming pools, a lazy river, a water park, a sauna, a fitness area, a bowling alley, an entertainment zone, and multiple restaurants and cafes. Meeting and banquet options are also available. The condo has a rental history and is located close to Myrtle Beach area attractions. The property size is 643 square feet.
Key Highlights
- Oceanfront views and prime location.
- Access to resort amenities including indoor/outdoor pools, lazy river, water park, sauna, fitness area, and bowling alley.
- Excellent rental history.
Local Financial Insights For Apartment 5plus
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 | $11.3k | $17.52 |
| − Vacancy | −$473 | −$0.74 |
| EGI | $10.8k | $16.78 |
| − OpEx | −$4.9k | −$7.55 |
| NOI | $5.9k | $9.23 |
643 SF · lease $17.52/SF/yr · vacancy 4.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$84.8K
$74.2K – $98.9K
NOI $5,936 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$163.0K
$142.6K – $190.1K
NOI $11,407 @ 7.0% cap · market cap 9.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Captain George's
Restaurant
Surf's Up Beach ...
Clothing Store
Mr. Rolls
Grocery & Convenience Store
Henna Tattoo #4
Tattoo & Piercing Shop
LibertyX Bitcoin ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Short term rental property - Updated condo with ocean views and extensive resort amenities.
Where is this short term rental property located?
The property is located at 1105 S Ocean Blvd 904 Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Oceanfront views and prime location.; Access to resort amenities including **indoor/outdoor pools, lazy river, water park, sauna, fitness area, and bowling alley**.; Excellent rental history.
