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    605 Ocean Blvd Myrtle Beach, SC 29577-4480
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    Property profile & analytics

    605 Ocean Blvd, Myrtle Beach, SC 29577-4480

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    • Hotels
    • 17,580 SF
    • 55.96 lot acres
    Off-Market
    Property ID
    US77-1663658
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,820,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sea Dunes Ocean Front / Hotel & Motel

    Property Details for 605 Ocean Blvd

    Year built
    1969
    Construction
    CONCRETE
    Lot size
    55.96 lot acres
    Zone code
    TA8
    Property type
    Hotels
    Property subtype
    Motels
    APN
    443-12-04-0001
    APU
    44312040001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 17, 2017 $2,200,001 Yoge LLC Busbee Motel LLC Warranty Deed $1.7M · Busbee Motel LLC
    Oct 17, 2017 — Busbee Motel LLC Benson Ella E B Trust Grant Deed · related —
    Feb 17, 2017 $3,500,000 Laniado Dev LLC West Town Bank & Trust Grant Deed —
    May 26, 2016 $3,697,500 West Town Bk & Trust In Equity Horry Count|b Master Deed · related —
    Mar 31, 2010 — Busbee Motel LLC Busbee Ella E Trust Quit Claim Deed · related —
    Dec 9, 1999 $463,750 Benson,william R Tr — Grant Deed · related —
    — — 605 Mids LLC — Deed Of Trust · related $900k · Coastal Fed'l Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,880,000
      6.5%
      $1,735,000
      7%
      $1,610,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,078,000
      Market price range: $725k - $3.54M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,995,000
      Current use
      OFFICE BUILDING
      $4,290,000
      Change: +7% Conversion: Difficult
      RESTAURANT
      $4,065,000
      Change: +2% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Myrtle Beach
    County
    Horry
    State
    South Carolina
    Longitude
    -78.8939
    Latitude
    33.6792
    CBSA code
    34820
    CBSA name
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $92,256
    $54,849
    $147,105
    -
    $1,623,380
    $1,048,700
    $2,672,080
    More about this property
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