Myrtle Beach Income Generating Condos
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Myrtle Beach Income Generating Condos
4 Flex Properties Offered at $736,000 in Myrtle Beach, SC
Investment Highlights
- Top location next to restaurants, nightlife, boardwalk, and piers
- All units renovated in 2024, incl. new appliances and A/C
- Ocean Front View with indoor / outdoor pools & hot tubs, laundry, parking, security, and a convenience shop onsite
- Seamless STR listing management offered at 15% gross (hundreds of 5-star reviews)
Executive Summary
Own a high-performing vacation rental portfolio with four oceanfront one-bedroom, one-bathroom condos in an investor friendly building, in the heart of Myrtle Beach. This turnkey investment offers an unbeatable combination of location, consistent rental income, and recent upgrades, making it the perfect opportunity for investors looking to expand their footprint.
Why Invest?
Prime Oceanfront Location: These condos are situated directly on the beach, just minutes from Myrtle Beach's main boardwalk, piers, golf courses, restaurants, shopping, and entertainment, including panoramic views of the Atlantic Ocean from private balconies. The location ensures strong demand from vacationers year-round.
Proven Rental Income: These condos have generated ~$120,000 in annual income through short-term rentals, with a history of high occupancy rates and guest satisfaction. With its oceanfront location and beach-themed appeal, these units are positioned for continued success in the Myrtle Beach market. Disclaimer: Past performance is not indicative of future results. Revenue figures are based on historical performance, and future earnings may vary.
Recent Upgrades: These units have been thoughtfully updated to keep them in top condition, ensuring a modern and comfortable stay for guests. Recent replacements include:
- Oven, stove, dishwasher (replaced in the last 1-2 years)
- Air conditioning unit (replaced in the last 2 years)
- New ceiling, paint, and furniture (in the last year)
- Minor improvements throughout each condo (in the last year)
Fully Turnkey & Low Maintenance: The property comes fully furnished and ready to rent, complete with everything needed to host guests. In addition to the oceanfront location, the building offers heated indoor and outdoor pools, hot tubs, on-site security, a laundry room, and secure multi-space parking—all of which contribute to a seamless, low-maintenance ownership experience.
High Demand Market: Myrtle Beach attracts millions of visitors annually, and this portfolio is perfectly positioned to capitalize on that demand. With its location and sought-after amenities, Myrtle remains a favorite choice for families and vacationers looking for an unforgettable beach getaway.
Professional Property Management Option Available: The current owners are highly rated & experienced in managing these units and can continue managing the portfolio for the new owner, ensuring a smooth transition and continued five-star performance. For just 15% of gross revenue, the owners can handle all aspects of rental management, including booking, guest communication, cleaning coordination, and maintaining the high standards that have contributed to the condo’s consistent rental success.
This is a rare chance to own fully upgraded, turnkey condos in one of Myrtle Beach’s highest-demand locations. With proven rental income, recent upgrades, and low-maintenance ownership, this portfolio is an ideal investment for anyone looking to capitalize on the thriving vacation rental market.
Contact us today for more details or to schedule a tour of this standout investment.
Why Invest?
Prime Oceanfront Location: These condos are situated directly on the beach, just minutes from Myrtle Beach's main boardwalk, piers, golf courses, restaurants, shopping, and entertainment, including panoramic views of the Atlantic Ocean from private balconies. The location ensures strong demand from vacationers year-round.
Proven Rental Income: These condos have generated ~$120,000 in annual income through short-term rentals, with a history of high occupancy rates and guest satisfaction. With its oceanfront location and beach-themed appeal, these units are positioned for continued success in the Myrtle Beach market. Disclaimer: Past performance is not indicative of future results. Revenue figures are based on historical performance, and future earnings may vary.
Recent Upgrades: These units have been thoughtfully updated to keep them in top condition, ensuring a modern and comfortable stay for guests. Recent replacements include:
- Oven, stove, dishwasher (replaced in the last 1-2 years)
- Air conditioning unit (replaced in the last 2 years)
- New ceiling, paint, and furniture (in the last year)
- Minor improvements throughout each condo (in the last year)
Fully Turnkey & Low Maintenance: The property comes fully furnished and ready to rent, complete with everything needed to host guests. In addition to the oceanfront location, the building offers heated indoor and outdoor pools, hot tubs, on-site security, a laundry room, and secure multi-space parking—all of which contribute to a seamless, low-maintenance ownership experience.
High Demand Market: Myrtle Beach attracts millions of visitors annually, and this portfolio is perfectly positioned to capitalize on that demand. With its location and sought-after amenities, Myrtle remains a favorite choice for families and vacationers looking for an unforgettable beach getaway.
Professional Property Management Option Available: The current owners are highly rated & experienced in managing these units and can continue managing the portfolio for the new owner, ensuring a smooth transition and continued five-star performance. For just 15% of gross revenue, the owners can handle all aspects of rental management, including booking, guest communication, cleaning coordination, and maintaining the high standards that have contributed to the condo’s consistent rental success.
This is a rare chance to own fully upgraded, turnkey condos in one of Myrtle Beach’s highest-demand locations. With proven rental income, recent upgrades, and low-maintenance ownership, this portfolio is an ideal investment for anyone looking to capitalize on the thriving vacation rental market.
Contact us today for more details or to schedule a tour of this standout investment.
Property Facts
Price | $736,000 | Status | Active |
Price / SF | $328.57 / SF | Number of Properties | 4 |
Sale Conditions | Bulk/Portfolio Sale | Individually For Sale | 0 |
Cap Rate | 7.88% | Total Building Size | 2,240 SF |
Sale Type | Investment |
Price | $736,000 |
Price / SF | $328.57 / SF |
Sale Conditions | Bulk/Portfolio Sale |
Cap Rate | 7.88% |
Sale Type | Investment |
Status | Active |
Number of Properties | 4 |
Individually For Sale | 0 |
Total Building Size | 2,240 SF |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
The Meridian Plaza Resort
2310 N Ocean Blvd, 9th Floor - Unit 901, Myrtle Beach, SC 29577 |
Flex Condo | 560 SF | 1987 | - |
The Meridian Plaza Resort
2310 N Ocean Blvd, 3rd Floor - Unit 303, Myrtle Beach, SC 29577 |
Flex Condo | 560 SF | 1987 | - |
The Meridian Plaza Resort
2310 N Ocean Blvd, 6th Floor - Unit 604, Myrtle Beach, SC 29577 |
Flex Condo | 560 SF | 1987 | - |
The Meridian Plaza Resort
2310 N Ocean Blvd, 5th Floor - Unit 501, Myrtle Beach, SC 29577 |
Flex Condo | 560 SF | 1987 | - |
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Amenities
- Balcony
- Pool
- Beach (direct access)
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
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Myrtle Beach Income Generating Condos
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