1901 Ocean Blvd Myrtle Beach, SC 29577
- Added:
- Dec 11, 2024
- Days on Market:
- 370
Property Features for 1901 Ocean Blvd
General Information
- Property type
- Hotels
- Lot Size
- 21,780 SF
HighLights
- Oceanfront income‑producing property on 0.5 acres with 40 units.
- Recently renovated (exterior complete, interior in progress); asking price reflects AS‑IS condition.
- Features include: oceanfront pool, private beach access, on‑site laundry, elevator, security system, ample storage, and a large lobby.
- All parking is on‑site.
- Historically leased for $50,000/month NNN to a third‑party operator.
- Annual property expenses: $27,506 insurance, $40,032 taxes, and approximately $2,000-$3,000 monthly utilities (electric, water, internet/cable). Housekeeping and employee costs are estimated at 12‑15% of revenue.
Current Use by Public Records
Anderson Park
Tourist Attraction
SOUTHERN BREEZE OCEANFRONT
Hotel
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.9040259
- Latitude
- 33.6702979
Nearby Similar for Sale
FAQs
Where is this hotel located?
The property is located at 1901 Ocean Blvd Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Oceanfront income-producing property on 0.5 acres with 40 units.; Recently renovated (exterior complete, interior in progress); asking price reflects AS-IS condition.; Features include: oceanfront pool, private beach access, on-site laundry, elevator, security system, ample storage, and a large lobby.
