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21-Unit Resort with Pool
New
For Sale
$13,500,000

701 S Ocean Blvd. #Entire Building, Myrtle Beach, SC 29577

Beachside hospitality property with a private outdoor swimming pool and no HOA.

Property Size40,480 SF
Price / SF$333.50
Days on Market4

Property Features for 701 S Ocean Blvd. #Entire Building

General Information

Standard status Active
Size 40,480 SF
Property subtype Commercial

Additional Details

Multifamily Units 21

Amenities

private outdoor swimming pool

Building Details

Year Built 2015
Listing Agency: Rowles Real Estate
Listed By: Desiree Rowles · License #13362
Source: Costacoastalproperties
Added: Sep 11 Last Checked: Sep 14 at 6:02AM

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 Rowles Real Estate

Investment Insights

Based on property information with market context.

This resort property includes 21 individual units, a private outdoor swimming pool, and a beachside setting along S Ocean Blvd. Built in 2015, the property is configured for hospitality use and occupies an entire building at 701 S Ocean Blvd. in Myrtle Beach.

The Atlantic Ocean is steps away, while the Myrtle Beach Boardwalk, restaurants, entertainment, attractions, shopping, and golf are minutes from the property. The offering also includes no HOA, providing a straightforward ownership structure for the full resort asset.

Key Highlights

  • 21‑unit resort property in an entire building configuration
  • Private outdoor swimming pool
  • Steps from the Atlantic Ocean

Property Analytics

Current Use

Bali Bay Resort Hotel & Motel Red Hot Shoppe (Bike/Boat/Book/etc) Store The Edge Restaurant Hotel & Motel

Suggested Use

Top Pick Dental Office HVAC Service (Bike/Boat/Book/etc) Store Locksmith Computer & Electronic Repair Catering Service

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

21
Residential units

Location Intelligence

Trade Area within ½ mile

622
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Resort - Beachside hospitality property with a private outdoor swimming pool and no HOA.
Where is this resort located?
The property is located at 701 S Ocean Blvd. #Entire Building 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: 21‑unit resort property in an entire building configuration; Private outdoor swimming pool; Steps from the Atlantic Ocean
More about this property
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