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Oasis Hotel 1415 S Ocean Blvd 50 Room Hotel North Myrtle Beach, SC 29582 $4,720,000 ($94,400/Room)
Investment Highlights
- Oceanfront hotel property with panoramic views from every guest room.
- Located in a prime tourist corridor near dining, entertainment, and beachfront attractions.
- Features 50 all-efficiency units with adjoining configurations ideal for groups.
Executive Summary
The Oasis Hotel at 1415 S Ocean Blvd represents a rare oceanfront investment opportunity in the heart of North Myrtle Beach. This five-story, 50-unit property offers stunning ocean views from every room and features efficiency units with all adjoining rooms. Guests enjoy direct beach access alongside an expansive oceanfront event space, a sparkling pool, and an inviting deck just steps from the sand. Theproperty’s established reputation for repeat clientele underscores its stable income potential, while its premier location along South Ocean Boulevard ensures proximity to thriving retail, dining, and entertainment venues that drive year-round tourism demand. Situated just minutes from major roadways and area attractions, this investment positions owners to capitalize on one of the Southeast’s most enduring vacation destinations. With North Myrtle Beach continuing to attract a strong visitor base and benefitting from steady regional growth, The Oasis Hotel combines lifestyle appeal with long-term financial upside.
Property Facts
| Price | $4,720,000 | Building Size | 21,693 SF |
| Price Per Room | $94,400 | No. Rooms | 50 |
| Sale Type | Investment | No. Stories | 5 |
| Property Type | Hospitality | Year Built/Renovated | 1974/2006 |
| Property Subtype | Hotel | Parking Ratio | 1.66/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.57 AC | ||
| Zoning | R-4 | ||
| Price | $4,720,000 |
| Price Per Room | $94,400 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.57 AC |
| Building Size | 21,693 SF |
| No. Rooms | 50 |
| No. Stories | 5 |
| Year Built/Renovated | 1974/2006 |
| Parking Ratio | 1.66/1,000 SF |
| Corridor | Exterior |
| Zoning | R-4 |
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 50 | $98.00 | - |
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 35714020154 | Improvements Assessment | $1,087,050 |
| Land Assessment | $2,900,000 | Total Assessment | $3,987,050 |
Property Taxes
Parcel Number
35714020154
Land Assessment
$2,900,000
Improvements Assessment
$1,087,050
Total Assessment
$3,987,050
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Oasis Hotel | 1415 S Ocean Blvd