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    Ocean Blvd Myrtle Beach, SC 29577
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    Property profile & analytics

    Ocean Blvd, Myrtle Beach, SC 29577

    View on Map

    • Hotels
    • 13,860 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US77-2084474
    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
    $2,560,000
    Show details
    Cap Rate Potential
    5.8%
    Hotels
    Location Intelligence

    Current Use by Public Records

    • Hotels

    Property Details for Ocean Blvd

    Year built
    1969
    Construction
    CONCRETE
    Lot size
    1.00 lot acres
    Zone code
    TA8
    Property type
    Hotels
    Property subtype
    Motels
    APN
    424-15-04-0009
    APU
    42415040009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 28, 2025 Barrie Ngeh Deed · related $20k · 1600 Development
    Mar 16, 2017 1600 Dev LLC Scg 1600 LLC Quit Claim Deed · related
    Feb 24, 2017 Scg 1600 LLC City Of Myrtle Beach Quit Claim Deed · related
    May 17, 2016 $4,435,000 Scg 1600 LLC Driftwood Hotel Properties LLC Grant Deed $8.6M · Western Alliance Bk
    May 17, 2016 $2,150,000 Scg 1600 LLC Oceans77 LLC Grant Deed $8.6M · Western Alliance Bk
    May 9, 2016 $920,000 Oceans 77 LLC 1024 Market Street INC Grant Deed
    Dec 3, 2015 Strand Capital Group LLC 1024 Market Street INC Quit Claim Deed · related
    May 1, 2015 $900,000 1024 Market Street INC Polo Residential Props LLC Grant Deed
    Sep 14, 2012 Arcadian Driftwood Props LLC Grant Deed · related $4.7M · South Atlantic Bk
    Aug 23, 2011 $825,000 Polo Residential Props LLC Rbc Bk USA Grant Deed
    Jun 3, 2004 $4,500,000 Driftwood Hotel Properties LLC Driftwood Lodge Corp Warranty Deed · related
    Jun 1, 2004 $4,500,000 Driftwood Hotel Prop LLC Driftwood Lodge Corp Grant Deed · related
    Arcadian Driftwood Props LLC Deed Of Trust · related $36k · South Atlantic Bk

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,793,000
      Market price range: $571k - $2.79M
    • Alternative Use

      Use
      Estimation
      HOTEL/MOTEL
      $3,150,000
      Current use
      MEDICAL BUILDING
      $4,175,000
      Change: +33% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $3,935,000
      Change: +25% Conversion: Difficult
      OFFICE BUILDING
      $3,385,000
      Change: +7% Conversion: Difficult
      RESTAURANT
      $3,205,000
      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
    -78.8743
    Latitude
    33.6967
    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
    $1,053,504
    $288,911
    $3,431,088
    $3,719,999
    -
    $4,815,180
    $57,184,800
    $61,999,980
    More about this property
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