805 OceanMyrtle Beach, SC 29577

  • Hospitality properties
  • 15,705 SF
Off market

Property Details for 805 Ocean

Year built
1970
Lot size
59.23 AC
Property size (Sq ft)
15,705 SF
Zone code
TA8
Property type
Hospitality properties
Property subtype
Hotels
APN
443-11-03-0076
APU
44311030076

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,133,440
    6.5%
    $2,892,406
    7%
    $2,685,806
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,874,736
    Geo Method
    $8,471,575
  • Alternative Use

    Use
    Valuation
    Residential
    $3,157,667
    Hospitality
    $2,892,406
    Educational
    $2,406,448
    Medical
    $2,489,210
    Retail
    $3,743,364
805 Ocean, Myrtle Beach, South Carolina

Location Insight

City
Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.6778
Longitude
-78.8955
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
$39,351
$91,598
$47,348
$138,946
-
$1,637,250
$1,129,100
$2,766,350

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