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36-Room Oceanfront Hospitality Property
For Sale
$4,200,000

1900 S Ocean Blvd., Myrtle Beach, SC 29577

Turnkey, fully renovated 36-room hospitality property with beach access, outdoor pool, and on-site parking.

Property Size14,730 SF
Days on Market50

Property Features for 1900 S Ocean Blvd.

General Information

Standard status Active
Size 14,730 SF
Zoning MUH

Additional Details

Business Included Yes
Multifamily Units 36

Building Details

Building Size 14,730 SF
Year Renovated 2022
Stories 3
Listing Agency: Realty ONE Group Dockside
Listed By: Beth Campbell · License #6170
Source: Booerealty.idxbroker
Added: Jul 11 Changed: Aug 24 Last Checked: Aug 29 at 5:49AM

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

Investment Insights

Based on property information with market context.

Palms By The Beach is a fully renovated hospitality property with 36 units, including one-bedroom suites and efficiency units. The property includes a lobby, a large outdoor swimming pool, and a sun deck, along with ample on-site parking for guests. Renovations completed in 2022 include new electrical and plumbing systems, a new roof, new HVAC units, new flooring, and updated bathrooms and fixtures, as well as interior and exterior paint and new doors.

The property is positioned directly on South Ocean Boulevard with beach access and ocean views.

With its mix of suite and efficiency unit types and on-site recreational amenities, the configuration supports operation as a complete hospitality asset.

Key Highlights

  • 36‑room fully renovated hospitality property (one‑bedroom suites and efficiency units)
  • Directly on South Ocean Boulevard with beach access and ocean views
  • Renovated in 2022 with all‑new electrical and plumbing systems, plus a new roof

Property Analytics

Current Use

Shady Rest Motel Hotel & Motel Palms By The Beach Hotel & Motel

Suggested Use

Top Pick Hair Salon Nail Salon Building Supply Locksmith Pharmacy (Bike/Boat/Book/etc) Store

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

36
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby

Demographics for 29577, SC

34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Turnkey, fully renovated 36-room hospitality property with beach access, outdoor pool, and on-site parking.
Where is this hotel located?
The property is located at 1900 S Ocean Blvd. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: 36‑room fully renovated hospitality property (one‑bedroom suites and efficiency units); Directly on South Ocean Boulevard with beach access and ocean views; Renovated in 2022 with all‑new electrical and plumbing systems, plus a new roof
More about this property
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