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Oceanfront Short-Term Rental Portfolio
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 Market67

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

Amenities

multiple swimming pools
lazy rivers
hot tubs
fitness facilities
direct beach access
restaurants
on-site entertainment

Building Details

Year built 2006
Number of units 27
Listing Agency: Realty ONE Group Dockside
Listed By: Liat Edri · License #6170
Added: Aug 10 Changed: Sep 2 Last Checked: Oct 15 at 7:06PM
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.

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Investment Insights

Based on property information with market context.

This short-term rental portfolio includes 27 oceanfront condominium residences totaling 35086 square feet within professionally managed resort properties. The residences are positioned for vacation lodging and benefit from resort features that may include swimming pools, lazy rivers, hot tubs, fitness facilities, restaurants, entertainment, landscaped grounds, and direct access to the Atlantic Ocean, depending on the individual resort.

The portfolio is located in Myrtle Beach, South Carolina, an established coastal destination supported by beach travel, golf, dining, entertainment, family tourism, sporting events, and seasonal visitation. The sale also includes an established website and management platform. The properties were built in 2006 and provide ownership across multiple condominium residences rather than a single unit.

Key Highlights

  • 27 oceanfront condominium residences included in the portfolio
  • 35086 square feet across the condominium residences
  • Direct access to the Atlantic Ocean and sandy beaches

Property Analytics

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Current Use

Short term rental ...

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?
Short term rental property - Portfolio of 27 condominium residences within professionally managed resorts offering beach access and vacation-oriented amenities.
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 in the portfolio; 35086 square feet across the condominium residences; Direct access to the Atlantic Ocean and sandy beaches
More about this property
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