4700 N Ocean Blvd North Myrtle Beach, SC 29582
For Sale
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Primely located on Ocean Boulevard in North Myrtle Beach, South Carolina, this income-producing hotel offers an exceptional investment opportunity. The property consists of two buildings encompassing seven rental units: two 2-bedroom/2-bathroom units (each with washer/dryer), four 2-bedroom/1-bathroom units, and one efficiency unit. The 2,988 square foot complex sits on 0.17 acres and includes thirteen parking spaces, a convenient courtyard, a spacious garage/storage area, and an on-site laundry room. Enjoy the benefits of a pet-friendly environment and breathtaking ocean views, ideal for both short-term and long-term rentals. Recent upgrades include a new roof and central HVAC system. Located just blocks from Barefoot Landing, this property offers easy access to popular attractions and amenities. The asking price is $1,600,000. This established rental property presents a strong potential for significant returns. The property's location, amenities, and recent improvements make it a highly desirable investment.
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Atlantic Winds Condos Condominium Complex
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.