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Oceanfront Hotel in Myrtle Beach
For Sale
Contact for pricing
Pending

2711 S Ocean Blvd, Myrtle Beach, SC 29577

40-room hotel with renovated rooms and kitchenettes.

Property SizeContact for details
Days on Market171

Property Features for 2711 S Ocean Blvd

General Information

Standard status Pending
Property subtype Hospitality
Investment Type Value Add

Building Details

Year Built 1969
Year Renovated 2022
Stories 2
Listing Agency: Berkadia Commercial Mortgage Phoenix
Listed By: Larissa Isenberg · License #AZ SA688406000
Source: Crexi
Added: Mar 8 Changed: Aug 8 Last Checked: Jul 24 at 2:09PM

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 Berkadia Commercial Mortgage Phoenix

Investment Insights

Based on property information with market context.

Aventura on the Ocean is a 40-room, oceanfront hotel located directly off S Ocean Boulevard. The property features an accessible location in close proximity to demand drivers. The rooms have been newly renovated and include kitchenettes equipped with dishwashers, refrigerators, stoves, microwaves, and cooking utensils. Myrtle Beach is a visited coastal tourism market in the southeastern United States. The area benefits from regional population growth across the Carolinas, Georgia, and the Mid-Atlantic states. In 2024, 18.2 million people visited the area, up 2.3% from 2023. These guests spent $13.2 billion in 2024, outpacing 2023 travel expenditures by 5.3%. The property represents an opportunity to acquire an oceanfront asset in a high-demand leisure market.

Key Highlights

  • Oceanfront property with an irreplaceable location directly off S Ocean Boulevard.
  • Newly renovated rooms featuring kitchenettes equipped with dishwashers, refrigerators, stoves, and microwaves.
  • Located in Myrtle Beach, a high‑demand leisure market with 18.2 million visitors in 2024.

Property Analytics

Current Use

Knights Inn Myrtle ... Hotel & Motel Attic Ninja General Contractor Aventura on the Ocean Hotel & Motel

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pharmacy Big Box & Wholesale Store Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

266
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 - 40-room hotel with renovated rooms and kitchenettes.
Where is this hotel located?
The property is located at 2711 S Ocean Blvd Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Oceanfront property with an **irreplaceable location** directly off S Ocean Boulevard.; Newly renovated rooms featuring kitchenettes equipped with dishwashers, refrigerators, stoves, and microwaves.; Located in Myrtle Beach, a high‑demand leisure market with 18.2 million visitors in 2024.
More about this property
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