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    1501 S Ocean Blvd, Unit 1115 Myrtle Beach, SC 29577

    For Sale
    $95,000

    Updated oceanfront condo in Myrtle Beach with strong rental demand.

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oceanfront Condo with Rental Potential

    Located at 1501 S Ocean Blvd in Myrtle Beach, this resort-style condo presents an investment opportunity in a high-performing vacation rental property. The unit, updated in 2022, features renovations that add style and value. Updates include removal of the popcorn ceiling, fresh paint throughout, and new vinyl flooring. A custom-built fireplace serves as a modern focal point, while a sliding barn door adds charm to the bathroom. The hallway includes cabinets and a quartz countertop for extra storage. The unit also features new furniture. Amenities include indoor and outdoor pools, a hot tub, a lazy river, a fitness center, and on-site dining. Top attractions are minutes away, including the SkyWheel, Boardwalk, Broadway at the Beach, and Barefoot Landing. The location provides access to golf, live entertainment, amusement parks, and water sports.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Surfside Beach 15th ... Parking Lot After Dune Delight Serviced Apartment Beach Parking Parking Lot Guest Exclusive - Latitudes ... Restaurant Guest Exclusive - Gazebo ... American Restaurant

    Suggested Use

    Law Firm Dental Office Spa & Massage Hair Salon Restaurant Building Supply Nail Salon Auto Repair Shop Pharmacy Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.8751136
    Latitude
    33.6967906

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    FAQs

    What type of property is this?
    Short term rental property - Updated oceanfront condo in Myrtle Beach with strong rental demand.
    Where is this short term rental property located?
    The property is located at 1501 S Ocean Blvd, Unit 1115 Myrtle Beach, SC.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Oceanfront location in Myrtle Beach with direct beach access.; - High-performing vacation rental property with strong rental demand.; - Updated in 2022 with new flooring, paint, custom fireplace, and bathroom improvements.
    Request Owner's contact information
    1501 S Ocean Blvd, Unit 1115 Myrtle Beach, SC 29577
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1501 S Ocean Blvd, Unit 1115 Myrtle Beach, SC 29577
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