Oceanfront Boutique
For Sale
Contact for pricing
Pending
5400 N Ocean Blvd, Myrtle Beach, SC 29577
Three-story hotel with studio and one-bedroom accommodations, automated room entry, and third-party management.
Property Size28,551 SF
Days on Market143
Property Features for 5400 N Ocean Blvd
General Information
Standard status
Pending
Size
28,551 SF
Total Parking Spaces
52
Property subtype
Hospitality
Additional Details
Highway Access
Yes
Building Details
Buildings
1
Stories
3
Listing Agency:
Capital Property Partners
Listed By:
David Payami · License #43335414
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 30 at 11:39PM
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 Capital Property Partners
Investment Insights
Based on property information with market context.
The Mermaid Inn is a three-story oceanfront hotel totaling 28,551 square feet with 57 keys. The room mix includes 54 studios and 3 one-bedroom units. Guest access is supported by an automated lock system that assigns individual entry codes. A former management office is currently vacant and may be converted into a vending machine room. The property is operated by a third-party management company and includes 52 parking spaces.
The hotel occupies the corner of N Ocean Boulevard and Hampton Circle in Myrtle Beach, South Carolina. Restaurants, shops, markets, schools, country clubs, and golf courses are located nearby, along with Village Shops at Grande Dunes, Broadway at the Beach, SkyWheel Myrtle Beach, Myrtle Waves Water Park, Myrtle Beach International Airport, Carolina Bays Parkway, and N Kings Highway Route 17. The property is also approximately an hour and 20-minute drive from I-95 and a 2-hour drive from Charleston.
The hotel occupies the corner of N Ocean Boulevard and Hampton Circle in Myrtle Beach, South Carolina. Restaurants, shops, markets, schools, country clubs, and golf courses are located nearby, along with Village Shops at Grande Dunes, Broadway at the Beach, SkyWheel Myrtle Beach, Myrtle Waves Water Park, Myrtle Beach International Airport, Carolina Bays Parkway, and N Kings Highway Route 17. The property is also approximately an hour and 20-minute drive from I-95 and a 2-hour drive from Charleston.
Key Highlights
- Oceanfront 28,551‑square‑foot hotel with 57 keys
- Room mix includes 54 studios and 3 one‑bedroom units
- Three‑story building with 52 parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Hotel - Three-story hotel with studio and one-bedroom accommodations, automated room entry, and third-party management.
Where is this hotel located?
The property is located at 5400 N Ocean Blvd Myrtle Beach, SC.
What are key features of this property?
This property features: Oceanfront 28,551‑square‑foot hotel with 57 keys; Room mix includes 54 studios and 3 one‑bedroom units; Three‑story building with 52 parking spaces
