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806 S Ocean Blvd 60 Room Hotel Myrtle Beach, SC 29577 $4,995,000 ($83,250/Room)
Investment Highlights
- The Myrtle Beach area has experienced rapid growth, with a 23% increase between 2020 and 2023.
- A short stroll leads to this 1.2-mile oceanfront boardwalk, lined with shops, restaurants, entertainment venues, offering stunning coastal view
- The property features an outdoorin-ground pool, a welcoming lobby area, ample parking, a commercial laundry facility, and multiple storage spaces.
- Guests willappreciate the direct ocean views and the convenience of being just steps away from the beach.
- Located along the boardwalk, this 187-foot Ferris wheel features climate-controlled gondolas, offering panoramic vistasof the coastline.
- The sale encompasses all furniture and fixtures, ensuring a seamless transition for new ownership.
Executive Summary
Investor Alert – Prime Ocean Boulevard Opportunity
Exceptional investment opportunity in the heart of Myrtle Beach. This 60-door hospitality property is constructed of durable concrete and steel and prominently positioned on a 0.83-acre corner lot at the intersection of South Ocean Boulevard and 9th Avenue South. Offering ocean views and located directly across from beach access, this highly visible, high-traffic location places you in one of the most desirable tourism corridors along the Grand Strand.
The property features a newly installed roof in 2026, providing immediate capital improvement value. On-site amenities include an outdoor in-ground pool, welcoming lobby area, commercial laundry facility, multiple storage areas, and ample on-site parking. The sale includes all furniture, fixtures, and equipment, delivering a true turnkey investment opportunity.
All licenses and permits are currently in effect, offering a seamless transition to operation. Guests enjoy walking-distance access to the iconic Myrtle Beach Boardwalk, the famous Myrtle Beach SkyWheel, Second Avenue Pier, Family Kingdom Amusement Park, along with abundant shopping, dining, and entertainment options.
Second-row positioning across from the beach access provides the perfect balance of ocean proximity and long-term investment stability.
PIN: 44311030054
Financial information available upon request.
Exceptional investment opportunity in the heart of Myrtle Beach. This 60-door hospitality property is constructed of durable concrete and steel and prominently positioned on a 0.83-acre corner lot at the intersection of South Ocean Boulevard and 9th Avenue South. Offering ocean views and located directly across from beach access, this highly visible, high-traffic location places you in one of the most desirable tourism corridors along the Grand Strand.
The property features a newly installed roof in 2026, providing immediate capital improvement value. On-site amenities include an outdoor in-ground pool, welcoming lobby area, commercial laundry facility, multiple storage areas, and ample on-site parking. The sale includes all furniture, fixtures, and equipment, delivering a true turnkey investment opportunity.
All licenses and permits are currently in effect, offering a seamless transition to operation. Guests enjoy walking-distance access to the iconic Myrtle Beach Boardwalk, the famous Myrtle Beach SkyWheel, Second Avenue Pier, Family Kingdom Amusement Park, along with abundant shopping, dining, and entertainment options.
Second-row positioning across from the beach access provides the perfect balance of ocean proximity and long-term investment stability.
PIN: 44311030054
Financial information available upon request.
Property Facts
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 | - |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 44311030054 | Improvements Assessment | $1,893,041 |
| Land Assessment | $1,473,000 | Total Assessment | $3,366,041 |
Property Taxes
Parcel Number
44311030054
Land Assessment
$1,473,000
Improvements Assessment
$1,893,041
Total Assessment
$3,366,041
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806 S Ocean Blvd
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