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Property profile

501 Ocean Blvd Myrtle Beach, SC 29577

OFF-MARKET
Hotels
Property ID
US77-1780650
6,008 SF 19.28 ac lot Built 1950
Last sale May 2025 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 26-key boutique hotel, the Lily & Bloom, presents a compelling investment opportunity in Myrtle Beach, South Carolina. Located at 501 N Ocean Blvd, this fully stabilized property boasts a 9.56% cap rate and a strong NOI of $247,708. The 6,008 square foot building, constructed in 1960 and extensively renovated in 2022, features 48 beds across its two stories. The renovation encompassed both exterior and interior updates, ensuring a modern and inviting atmosphere for guests. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$30k
Tax billed · 2023
Assessed value$45k
Assessed land$26k
Assessed improvement$19k
Effective rate65.99%

Value estimate

· Oct 2026
$2.61M
$2.35M – $2.87M
AI approach$2.70M
Submarket $/SF estimate$1.82M

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: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.9
Skin Care Clinic9.4
Garden Center9.2

Location

501 Ocean Blvd Myrtle Beach, SC 29577-3915
County assessor Recorded deeds · 8 transfers 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
1801 Withers, Myrtle Beach, SC 29577-3231 $1,900,000 Dec 2025 8,772 SF
2608 Ocean, Myrtle Beach, SC 29577-3239 $9,500,000 Nov 2024 6,966 SF
2904 Kings, Myrtle Beach, SC 29577-3016 $550,000 Oct 2024 4,216 SF
301 Ocean, Myrtle Beach, SC 29577-4045 $2,225,000 Sep 2024 5,949 SF
302 Ocean, Myrtle Beach, SC 29577-4046 $2,225,000 Sep 2024 8,588 SF
203 Ocean, Myrtle Beach, SC 29577-4043 $400,000 Jun 2023 6,015 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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