2209 S Ocean Blvd Myrtle Beach, SC 29577

25,248 SF 0.52 ac lot Built 1974

Entity Owned 2-yr Hold ~ Est. High Equity

Property ID

US77-1649854

$7,450,000 25,248 SF

2209 S Ocean Blvd, Myrtle Beach, SC 29577
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This exceptional oceanfront motel in Myrtle Beach, South Carolina presents a lucrative investment opportunity. The property, located at 2209 S Ocean Blvd, boasts 54 oceanfront units within a 35,400 square foot building situated on a 0.65-acre lot. The nine-story structure enjoys 160 feet of direct Atlantic Ocean frontage, offering unparalleled views and beach access. Its MU-H zoning allows for a variety of hospitality uses. The asking price is $7,400,000, translating to $293.09 per square foot. Conveniently located approximately 1.5 miles from Myrtle Beach International Airport and The Market Common, and within 2 miles of major tourist attractions including Ripley's Believe It or Not, Gay Dolphin, and the Sky Wheel, this motel benefits from its proximity to the heart of Myrtle Beach's vibrant tourism scene. Myrtle Beach's renowned beaches, golf courses, and diverse attractions draw over 20 million visitors annually, ensuring consistent demand. Horry County's rapid growth further enhances the property's long-term investment potential. The property's APN is 44502010198. This is a rare chance to acquire a highly profitable, established hospitality business in one of the East Coast's premier resort destinations.