2209 Ocean BlvdMyrtle Beach, SC 29577

Property Details for 2209 Ocean Blvd

Year built

1974

Construction

CONCRETE

Lot size

0.52 AC

Property size (Sq ft)

25,248 SF

Zone code

TA8

Property type

Hotels

Property subtype

Motels

APN

445-02-01-0198

APU

44502010198

Description

This exceptional oceanfront motel in Myrtle Beach, South Carolina presents a lucrative investment opportunity. The property, located at 2209 S Ocean Blvd, boasts 54 oceanfront units within a 35,400 square foot building situated on a 0.65-acre lot. The nine-story structure enjoys 160 feet of direct Atlantic Ocean frontage, offering unparalleled views and beach access. Its MU-H zoning allows for a variety of hospitality uses. The asking price is $7,400,000, translating to $293.09 per square foot. Conveniently located approximately 1.5 miles from Myrtle Beach International Airport and The Market Common, and within 2 miles of major tourist attractions including Ripley's Believe It or Not, Gay Dolphin, and the Sky Wheel, this motel benefits from its proximity to the heart of Myrtle Beach's vibrant tourism scene. Myrtle Beach's renowned beaches, golf courses, and diverse attractions draw over 20 million visitors annually, ensuring consistent demand. Horry County's rapid growth further enhances the property's long-term investment potential. The property's APN is 44502010198. This is a rare chance to acquire a highly profitable, established hospitality business in one of the East Coast's premier resort destinations.

Location Insight

City

Myrtle Beach

County

Horry

State

South Carolina

Latitude

33.6671

Longitude

-78.908

CBSA code

34820

CBSA name

MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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