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806 S Ocean Blvd 60 Room Hotel Myrtle Beach, SC 29577 $4,995,000 ($83,250/Room)
Investment Highlights
- Highly visible oceanfront site near Myrtle Beach attractions, retail, and entertainment.
- Located across from the beach within walking distance of The Boardwalk and amusement destinations.
- Outdoor in-ground pool and commercial laundry facilities.
- Generous amounts of on site parking for guests.
Executive Summary
806 S Ocean Blvd in Myrtle Beach, SC, situated on 0.83 acres near the intersection of Ocean Boulevard and 9th Avenue South. It consists of a three-story building constructed with concrete and steel and includes an outdoor pool, commercial laundry facilities, and multiple storage areas. The site is positioned across from the beach and within proximity to local attractions, restaurants, and entertainment venues.
Property Facts
| Price | $4,995,000 | Building Size | 24,530 SF |
| Price Per Room | $83,250 | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1972/2025 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.77/1,000 SF |
| Lot Size | 0.83 AC | Corridor | Exterior |
| Zoning | COMM - COMM | ||
| Price | $4,995,000 |
| Price Per Room | $83,250 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.83 AC |
| Building Size | 24,530 SF |
| No. Rooms | 60 |
| No. Stories | 3 |
| Year Built/Renovated | 1972/2025 |
| Tenancy | Single |
| Parking Ratio | 2.77/1,000 SF |
| Corridor | Exterior |
| Zoning | COMM - COMM |
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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