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27-Unit Oceanfront Rental Portfolio
For Sale
$13,500,000

123 Ocean Blvd. Unit Multiple addresses - see, Myrtle Beach, SC 29572

The residences are located in resort properties with beach access and hospitality amenities.

Property SizeContact for details
Days on Market75

Property Features for 123 Ocean Blvd. Unit Multiple addresses - see

General Information

Standard status Active
Property subtype Hotel/Motel
Zoning commercial

Additional Details

Multifamily Units 27
Listing Agency: Realty ONE Group Dockside
Listed By: Liat Edri · License #6170
Source: Grandedunesproperties
Added: Aug 10 Changed: Oct 22 Last Checked: Oct 22 at 9:43AM

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 Realty ONE Group Dockside

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Investment Insights

Based on property information with market context.

This Myrtle Beach portfolio comprises 27 oceanfront condominium residences across established resort communities. The properties are suited to short-term vacation rental use, and the sale includes an established website and a management platform. Resort amenities vary by property and may include pools, lazy rivers, hot tubs, fitness facilities, restaurants, on-site entertainment, and landscaped grounds.

The residences are positioned along the Atlantic coast with direct beach access. Myrtle Beach’s visitor economy draws travelers for beach vacations, golf, dining, entertainment, family trips, sporting events, and seasonal tourism. The portfolio is zoned commercial.

Key Highlights

  • 27 oceanfront condominium residences in Myrtle Beach
  • Direct access to the Atlantic Ocean and beaches
  • Located within established resort communities

Property Analytics

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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 - The residences are located in resort properties with beach access and hospitality amenities.
Where is this short term rental property located?
The property is located at 123 Ocean Blvd. Unit Multiple addresses - see 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 in Myrtle Beach; Direct access to the Atlantic Ocean and beaches; Located within established resort communities
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