1901 S Ocean Blvd. #Southern Breeze $4,400,000

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    1901 S Ocean Blvd. #Southern Breeze Myrtle Beach, SC 29577

    • 20,380 sq. ft.
    • 0.48 Acres
    • Commercial
    • MLS# 2305040
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    Views: 19 Days On Site: 74

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    Property Details

    Attention investors! Come one, come all, and feast your eyes on this once-in-a-lifetime opportunity to own two oceanfront hotels located directly beside each other in the heart of Myrtle Beach! The Southern Breeze features 42 units total. There are 25 oceanfront and 10 ocean view units with balconies/patios where your guests can enjoy unbelievable views of the South Carolina coastline! All of the oceanfront units are spacious full-size one bedrooms with living rooms, and all of the ocean view units are large studios. This building features an elevator, which provides easy access for everyone. Two tankless hot water heaters have been added and the entire hotel has custom tilework throughout. There is a large laundry room downstairs and plenty of parking outside. The lobby is completely functional and this hotel is currently in operation. There is a nice in-ground pool outside with a lounge area. This hotel is close to everything that the Grand Strand has to offer! Market Common is nearby along with the International Airport and the Myrtle Beach State Park. This hotel would be perfect for Airbnbs and Vrbos! GRI projection from Vacasa is available upon request. This area has attractions galore and Broadway at the Beach is only a few minutes away! There are tons of top-notch golf courses, delicious restaurants, and places to shop! Don't miss out, the rental season is coming early this year! Schedule your showing today, and please don't forget to check out the Summer Wind next door at 1903 S Ocean Blvd.

    • General Features
      • YearBuilt 1980
      • Area 16G Myrtle Beach Area--Southern Limit to 10TH Ave
      • Furnished Unfurnished
      • County Or Parish Horry
      • Zoning None
      • Property Type Commercial Sale
      • Property Sub-Type Hotel/Motel
    • Building Features
      • Cooling Y/N Yes
      • Number Of Units Total 42
      • Cooling Wall/Window Unit(s)
      • Stories 5
    • Property Features
      • Lot Size Acres 0.48
      • Sewer Public Sewer

    Contact

    Pamela Giese

    Pamela Giese

    Sales Associate

    Pawleys Island

    Mobile Phone: 843-318-1317

    Neighborhood

    29577 (Myrtle Beach) Demographics

    43 Median Age
    1,367 Population Density (per sq. mile)
    38% College Educated
    $41,452 Estimated Median Income
    7,735 Estimated Total Home Owners
    5,977 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,858 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $325,000 Median Sales Price
    149 Homes Sold
    226 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,400,000
        3/16/2023 5:07:00 PM New in Database Source: Multiple Listing Service New Value: $4,400,000

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        Provided courtesy of the Coastal Carolinas MLS. Copyright 2023 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.