Myrtle Beach | 806 S Ocean Blvd
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Myrtle Beach 806 S Ocean Blvd
60 Room Hotel Myrtle Beach, SC 29577 $5,750,000 ($95,833/Room)
Investment Highlights
- high visibility, high traffic area, located across from the beach, can be used as multi family
Executive Summary
Please contact the listing agent for financial information.
Currently hospitality but could be converted to Multifamily per The City of Myrtle Beach. Roof and $250,000 of renovations in 2023.
The City of Myrtle Beach will allow long term rentals with a few adjustments to the property per the city and seller. Please call the listing agent for additional details.
Investors alert! 60 doors concrete and steel construction, located on the corner of 9th Avenue South and Ocean Blvd in Myrtle Beach SC. The property offers ocean views and is located just across from the beach. Built on a 0.83-acre corner-lot and offers an outdoor in-ground pool, lobby area, parking, commercial laundry facility, multiple storages. This sale includes all furniture and fixtures. High visibility and high traffic location. The property is within a short walking distance to the boardwalk, the Ferris Wheel, The Pier, shopping, dining, Family Kingdom, and additional local attractions.
Currently hospitality but could be converted to Multifamily per The City of Myrtle Beach. Roof and $250,000 of renovations in 2023.
The City of Myrtle Beach will allow long term rentals with a few adjustments to the property per the city and seller. Please call the listing agent for additional details.
Investors alert! 60 doors concrete and steel construction, located on the corner of 9th Avenue South and Ocean Blvd in Myrtle Beach SC. The property offers ocean views and is located just across from the beach. Built on a 0.83-acre corner-lot and offers an outdoor in-ground pool, lobby area, parking, commercial laundry facility, multiple storages. This sale includes all furniture and fixtures. High visibility and high traffic location. The property is within a short walking distance to the boardwalk, the Ferris Wheel, The Pier, shopping, dining, Family Kingdom, and additional local attractions.
Property Facts
| Price | $5,750,000 | Building Size | 22,442 SF |
| Price Per Room | $95,833 | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1972/2025 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.67/1,000 SF |
| Lot Size | 0.85 AC | Corridor | Exterior |
| Construction Status | Under Renovation |
| Price | $5,750,000 |
| Price Per Room | $95,833 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.85 AC |
| Construction Status | Under Renovation |
| Building Size | 22,442 SF |
| No. Rooms | 60 |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2025 |
| Tenancy | Single |
| Parking Ratio | 2.67/1,000 SF |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $124.00 | - |
| Guest Room | 58 | $84.00 | - |
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PROPERTY TAXES
| Parcel Number | 44311030054 | Improvements Assessment | $68,328 |
| Land Assessment | $49,131 | Total Assessment | $117,459 |
PROPERTY TAXES
Parcel Number
44311030054
Land Assessment
$49,131
Improvements Assessment
$68,328
Total Assessment
$117,459
zoning
| Zoning Code | MUH (MUH) |
| MUH (MUH) |
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Myrtle Beach | 806 S Ocean Blvd
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