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
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.9040259
- Latitude
- 33.6702979