Financial
Distress signals
Property profile

2502 Ocean Blvd Myrtle Beach, SC 29577

OFF-MARKET
Hotels
Property ID
US77-1753784
74,295 SF 48.84 ac lot Built 1995
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 26-key, six-story oceanfront hotel in Myrtle Beach, South Carolina boasts 14,964 square feet on a 0.26-acre lot. Built in 1974 and extensively renovated in 2019 (over $1 million invested), the property features upgraded rooms, elevators, HVAC systems, and exterior improvements. Its prime location on North Ocean Boulevard (5,100 vehicles per day) and near North Kings Highway (25,800 vehicles per day) offers high visibility. Financial data, including revenue, NOI, ADR, and occupancy, is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$79k
Tax billed · 2023
Assessed value$288k
Assessed land$122k
Assessed improvement$166k
Effective rate27.32%

Value estimate

· Sep 2026
$6.68M
$6.01M – $7.34M
CAP approach$7.33M
Submarket $/SF estimate$6.03M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$227/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$148 – $328

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TA8
JurisdictionHORRY

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.8
Wholesale Shop12.1
Auto Parts Store11.8

Location

2502 Ocean Blvd Myrtle Beach, SC 29577-3241
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1561 21st N, Myrtle Beach, SC 29577-7441 $10,200,000 May 2025 70,512 SF
2606 Ocean, Myrtle Beach, SC 29577-3239 $9,500,000 Nov 2024 39,314 SF
2206 Ocean, Myrtle Beach, SC 29577-3226 $12,000,000 Jul 2024 34,897 SF
1802 Ocean, Myrtle Beach, SC 29577-3218 $15,134,657 Jul 2024 57,064 SF
Withers, Myrtle Beach, SC 29577 $15,134,657 Jul 2024 45,570 SF
2913 Ocean, Myrtle Beach, SC 29577-4855 $249,270 Jul 2023 29,402 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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