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806 S Ocean Blvd 60 Room Hotel Myrtle Beach, SC 29577 $4,650,000 ($77,500/Room)
Investment Highlights
- Prime Ocean Boulevard Opportunity
- The property features a NEW installed roof in 2026
- Offering ocean views and located directly across from beach
- Guests enjoy walking-distance access to the iconic Myrtle Beach
Executive Summary
Prime Ocean Boulevard Opportunity Exceptional investment opportunity in the heart of Myrtle Beach. This 60-doorhospitality 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 NEW 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 Sky Wheel, 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.
Property Facts
| Price | $4,650,000 | Building Size | 24,530 SF |
| Price Per Room | $77,500 | No. Rooms | 60 |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1972/2025 |
| Property Subtype | Hotel | Parking Ratio | 2.77/1,000 SF |
| Building Class | B | Corridor | Exterior |
| Lot Size | 0.83 AC | ||
| Zoning | COMM - COMM | ||
| Price | $4,650,000 |
| Price Per Room | $77,500 |
| 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 |
| 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 | - |
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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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Contact the Sale Advisor
806 S Ocean Blvd