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27-Residence Oceanfront Resort Portfolio

123 Ocean Blvd., Myrtle Beach, SC 29572

For Sale
$13,500,000

COMMERCIAL/INDUSTRIAL, Myrtle Beach, SC

Property Size35,086 SF
Price / SF$384.77
Days on Market96

Property Features for 123 Ocean Blvd.

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Subdivision 16D Myrtle Beach Area--48th Ave N to 79th Ave N
Standard status Active
Size 35,086 SF

Building Details

Number of units 27
Listing Agency: Realty ONE Group Dockside
Listed By: Liat Edri · License SC #6170
Added: Aug 10 Changed: Sep 30 Last Checked: Nov 13 at 11:06PM
MLS# 2619810

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.

Rey
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Investment Insights

Based on property information with market context.

This commercial portfolio comprises 27 oceanfront condominium residences totaling 35,086 square feet in Myrtle Beach, South Carolina. The residences are located across established resort communities with professionally managed operations, direct access to the Atlantic Ocean and sandy beaches, and hospitality-oriented amenities that may include pools, lazy rivers, hot tubs, fitness facilities, restaurants, and on-site entertainment, depending on the resort. The sale also includes an established website and management platform.

The properties are positioned for short-term vacation rentals within a coastal destination supported by beach travel, golf, dining, entertainment, sporting events, and seasonal tourism. The portfolio is located in Myrtle Beach, Horry County, SC 29572, and carries commercial zoning.

Key Highlights

  • 27 oceanfront condominium residences totaling 35,086 square feet
  • Residences located within professionally managed luxury resort communities
  • Direct access to the Atlantic Ocean and sandy beaches

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Resorts

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Big Box & Wholesale Store Electrical Service Garden Center Daycare 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Resort - Commercially zoned condominium residences within professionally managed beachfront resort communities with established vacation-rental positioning.
Where is this resort 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 totaling 35,086 square feet; Residences located within professionally managed luxury resort communities; Direct access to the Atlantic Ocean and sandy beaches
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