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703 S Ocean Blvd
Myrtle Beach, SC 29577
Atlantic Palms Oceanfront Resort-Hotel For Sa · Hospitality Property For Sale
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129 Rooms
PROPERTY FACTS
| Property Type | Hospitality | No. Rooms | 129 |
| Property Subtype | Hotel | No. Stories | 8 |
| Building Class | B | Year Built/Renovated | 1991/2021 |
| Lot Size | 0.58 AC | Tenancy | Single |
| Building Size | 94,500 SF | Corridor | Interior |
| Zoning | MUH | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.58 AC |
| Building Size | 94,500 SF |
| No. Rooms | 129 |
| No. Stories | 8 |
| Year Built/Renovated | 1991/2021 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | MUH |
AMENITIES
- Balcony
- Fitness Center
- Pool
- Restaurant
- High Speed Internet Access
- Patio
- On-Site Bar
- Beach (direct access)
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ABOUT 703 S OCEAN BLVD , MYRTLE BEACH, SC 29577
Offered FOR SALE is the 3 Palms Oceanfront Resort. The 3 Palms, consists of 129 Rental Units and, is located in the Yaupon Circle Section of Myrtle Beach situated on the Oceanfront between 7th & 8th Avenues South. Each Rental Unit has its own Tax Map Parcel in preparation for a Conversion to a Condominium Regime. The property is in close proximity to Family Kingdom Amusement Park, Restaurants, Fishing Piers, Market Commons, Retail Shopping, and Entertainment Venues. The Hotel is comprised of one 8 story building with both interior and exterior corridor floors. There is a combination of on-site and off-site parking. NEIGHBORHOOD: Considered one of the nation's top vacation destinations Myrtle Beach hosts nearly 16 million visitors each year and offers an increasing number of attractions, live-music theaters, shopping centers, and more than 120 golf courses. REAL ESTATE: This assemblage is comprised of One (1) Oceanfront Lot with a Total Land Mass of approximately 25,350 SF and, Five (05) Second and Third Row Lots with a total land mass of approximately 57,735 SF. FUTURE CONVERSION: This Property has been Legally Subdivided to accommodate a Conversion to Condominiums or Timeshare in the future. Each Individual Rental Unit has been assigned an individual TMS and PIN number. 8 Story Building- Approximately 94,500 Square Feet 129 Guest Rooms in Current Configuration Corridors: (6) Interior - (2) Exterior Offices: (2) On main floor Lobby/Check In: Main Lobby with Concierge Service Outdoor Pool Heated Outdoor Pool Whirlpool Lazy River Exercise Room Restaurant 2 Bars Poolside Cabana Commercial Laundry Facility Guest Laundry 136 Parking Spaces 16 Garage parking Spaces Parking Lots-5 Second and Third Row Lots 2 Elevators HVAC / Guest Rooms: HVAC / Common-Collectively 34 Tons of Split Systems Safety / Security-Fire Electronically Monitored Sprinkler System Backup Generator
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 129 | $168.00 | 720 |
PROPERTY TAXES
| Parcel Number | 44311030081 | Improvements Assessment | $0 |
| Land Assessment | $3 | Total Assessment | $3 |
PROPERTY TAXES
