1903 S Ocean Blvd. #Summer Wind $4,100,000

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    1903 S Ocean Blvd. #Summer Wind Myrtle Beach, SC 29577

    • 18,080 sq. ft.
    • 0.57 Acres
    • Commercial
    • MLS# 2305041
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    Views: 20 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 Summer Wind features 42 units total. There are 20 oceanfront units with floor-to-ceiling glass windows that lead out to balconies/patios where your guests can enjoy unbelievable views of the South Carolina coastline! All of the units are very spacious, and most of them do have nice tile flooring. There is a lobby located on Ocean Blvd, but this hotel is not currently in operation. It's a little bit of a fixer-upper, but it has a ton of potential. There is a large in-ground pool outside and plenty of space for your guests to relax. 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 Southern Breeze next door at 1901 S Ocean Blvd.

    • General Features
      • YearBuilt 1969
      • 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 4
    • Property Features
      • Lot Size Acres 0.57
      • 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: $4,100,000
        3/16/2023 5:07:00 PM New in Database Source: Multiple Listing Service New Value: $4,100,000

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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.