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Indigo Hotel 2209 S Ocean Blvd 54 Room Hotel Myrtle Beach, SC 29577 $7,900,000 ($146,296/Room)

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INVESTMENT HIGHLIGHTS

  • Completely redesigned in 2025, our hotel seamlessly blends modern aesthetics with luxurious elegance to offer guests an unparalleled coastal experienc
  • Amenities: Direct Beach Access: Step directly from the hotel onto the pristine sands of Myrtle Beach, perfect for sunbathing, and swimming
  • Large Efficiency Units: Combining comfort and convenience, these units come with kitchen facilities, perfect for extended stays or family vacations.
  • A lively 1.2-mile stretch featuring shops, restaurants, and entertainment venues, just a short drive away.

EXECUTIVE SUMMARY

Welcome to the newly transformed Indigo Hotel, an oceanfront sanctuary located at 2209 S. Ocean Blvd, Myrtle Beach, SC. Completely redesigned in 2025, our hotel seamlessly blends modern aesthetics with luxurious elegance to offer guests an unparalleled coastal experience. Our 54 oceanfront rooms are thoughtfully designed to cater to diverse preferences: One-Bedroom Suites: Ideal for guests seeking additional space and privacy, these suites feature separate living areas and fully equipped kitchens. Large Efficiency Units: Combining comfort and convenience, these units come with kitchen facilities, perfect for extended stays or family vacations. Amenities: Direct Beach Access: Step directly from the hotel onto the pristine sands of Myrtle Beach, perfect for sunbathing, swimming, or leisurely strolls along the shore. Outdoor Pool and Hot Tub: Relax in our heated outdoor pool or unwind in the hot tub, both offering serene ocean vistas. Complimentary Wi-Fi: Stay connected with high-speed internet access available throughout the property. Nearby Attractions: Indigo Hotel's prime location offers easy access to a variety of attractions, shopping, and dining options: Myrtle Beach Boardwalk & Promenade: A lively 1.2-mile stretch featuring shops, restaurants, and entertainment venues, just a short drive away. SkyWheel Myrtle Beach: Experience panoramic coastal views from this nearly 200-foot-tall observation wheel, located at the promenade. The Market Common: An upscale district offering a blend of shopping, dining, and entertainment options. Myrtle Beach State Park: Explore maritime forests, walking trails, and unspoiled beaches in this natural haven. Brookgreen Gardens: Located in nearby Murrells Inlet, this expansive garden boasts impressive sculptures and diverse flora. The 2nd Ave Pier : A classic fishing pier offering live entertainment, restaurants, a café, and stunning ocean views. Ripley’s Believe It or Not!: Explore oddities and curiosities at this popular museum, situated within the primary tourist hub 2 miles from the hotel. Indigo Hotel's prime location offers proximity to a variety of attractions, shopping, and dining options. The Grand Strand Experience Myrtle Beach, part of South Carolina's famed Grand Strand, offers over 60 miles of sandy shores and a plethora of activities: Golf: With numerous world-class golf courses, the area is a golfer's paradise. Water Sports: Engage in jet skiing, parasailing, and paddle boarding along the coast. Shopping: From outlet malls to boutique shops, there's something for every shopper. Dining: Savor fresh seafood and regional specialties at a variety of local restaurants. Myrtle Beach continues to thrive as a top tourist destination: Visitor Statistics: In 2023, the area welcomed 17.6 million visitors, who contributed over twelve billion in spending, marking a 4.7% increase from the previous year. Festivals and Events: The region hosts multiple festivals and shows annually, attracting diverse audiences and enhancing the cultural landscape. Population Growth: Horry County has been among the fastest-growing counties in the nation in recent years, reflecting the area's appeal to both tourists and new residents.

PROPERTY FACTS

Price $7,900,000
Price Per Room $146,296
Sale Type Investment
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 0.65 AC
Building Size 25,248 SF
No. Rooms 54
No. Stories 9
Year Built/Renovated 1974/2025
Tenancy Single
Parking Ratio 1.82/1,000 SF
Corridor Exterior
Zoning MU-H - Mixed Use - High Density

AMENITIES

  • Balcony
  • Pool
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Beach (direct access)
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 6 $232.00 -
Guest Room 48 $224.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44502010198
Land Assessment
$155,250
Improvements Assessment
$75,744
Total Assessment
$230,994
  • Listing ID: 35248490

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: 2209 S Ocean Blvd, Myrtle Beach, SC 29577

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