3701 Ocean Blvd North Myrtle Beach, SC 29582

This exceptional investment opportunity presents a fully renovated 14-unit motel ideally situated in the desirable Cherry Grove section of North Myrtle Beach, South Carolina. Located directly across from the beach at 3701 N Ocean Blvd., this two-story property boasts a prime location just one block from the Cherry Grove pier and offers easy public beach access. Each of the 14 units features a single bedroom and bathroom, complete with modern amenities including tile floors, new full-size appliances, flat-screen TVs, remodeled bathrooms showcasing granite countertops, and elegant coffered ceilings. Further enhancing safety and security, the units are equipped with fire sprinklers. The property also includes a spacious sundeck providing stunning ocean views and convenient on-site laundry facilities. Built in 1960, this boutique motel sits on a 0.19-acre lot (APN: 35114040073) and is zoned R4, presenting potential for expansion. The asking price is $2,350,000, translating to $420.03 per square foot. This represents a rare chance to acquire a thriving hospitality business in a high-demand coastal location. The property's strong rental history and potential for increased revenue make it an attractive investment for discerning buyers. Don't miss this opportunity to own a piece of North Myrtle Beach's vibrant tourism industry.