Entity Owned Property summary
This exceptional oceanfront Myrtle Beach motel presents a unique investment opportunity. The property boasts two buildings, each featuring 48 rooms, totaling 98 keys across 25,000 square feet and two stories. Currently operating at 50% occupancy, the motel has been partially converted into 14 apartments generating $2,900 monthly rent. The property's prime location ensures high demand for weekly and monthly rentals, commanding rates between $400 and $450, inclusive of utilities. New owners… can capitalize on this demand by converting the remaining rooms into long-term apartments, studios, or extended-stay units, potentially achieving 100% occupancy. The scarcity of available oceanfront land in this area further enhances the property's value. Significant recent improvements include a roof replacement within the last five years, eliminating immediate major expenses. The seller is motivated and offering attractive seller financing: 50% down payment, 7% interest, 30-year amortization, and a 3-5 year balloon payment. This presents a rare chance to acquire a highly profitable oceanfront property with significant upside potential. The property also offers the added benefit of potential HOA fee collection within the existing apartment complex.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,890 SF
- Lot area
- 17.91 ac
- Year built
- 1967
- APN
- 424-15-04-0188
- Zoning
- TA8
- Assessed value · 2023
- $45,001
- Annual tax · 2023
- $12,744
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- Value Estimation
- NOI Potential
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- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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