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2711 S Ocean Blvd
Myrtle Beach, SC 29577
Aventura on the Ocean · Hospitality Property For Sale
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41 Rooms


Investment Highlights
- Ocean Front Property
- Extended Stay Amenities
- Possible Redevelopment Opportunity
- Recently Renovated
- Proven Performance with Operational Upside
- More Desirable South End
Executive Summary
LENDER DRIVEN AUCTION - $1,100,000 STARTING BID
Berkadia, in conjunction with RI Marketplace, are pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in Aventura on the Ocean (the “Property”, “Asset”, or “Hotel”), a 40-room, oceanfront hotel strategically located directly off S Ocean Boulevard. The Property boasts an irreplaceable and highly accessible location in close proximity to many demand drivers.
Aventura on the Ocean features newly renovated rooms with kitchenettes that include dishwashers, refrigerators, stoves, microwaves, and essential cooking utensils and supplies for meal preparation, making the rooms especially convenient for extended-stay guests.
Myrtle Beach is one of the most visited coastal tourism markets in the southeastern United States. It continues to demonstrate resilience as a drive-to leisure destination, benefiting from regional population growth across the Carolinas, Georgia, and the Mid-Atlantic states. The area’s affordability relative to other coastal destinations enhances occupancy stability and repeat visitation. In 2024, 18.2 million people visited the area, up 2.3% from 2023. These guests spent $13.2 billion in 2024, outpacing 2023 travel expenditures by 5.3%.
Aventura on the Ocean represents a compelling opportunity to acquire an oceanfront asset in a high-demand leisure market with both stable cash flow characteristics and significant upside potential. The combination of irreplaceable beachfront location, strong regional tourism drivers, and value-add positioning makes this offering attractive to investors seeking exposure to the Myrtle Beach coastal market.
Berkadia, in conjunction with RI Marketplace, are pleased to offer, on an exclusive basis, the opportunity to acquire fee simple interest in Aventura on the Ocean (the “Property”, “Asset”, or “Hotel”), a 40-room, oceanfront hotel strategically located directly off S Ocean Boulevard. The Property boasts an irreplaceable and highly accessible location in close proximity to many demand drivers.
Aventura on the Ocean features newly renovated rooms with kitchenettes that include dishwashers, refrigerators, stoves, microwaves, and essential cooking utensils and supplies for meal preparation, making the rooms especially convenient for extended-stay guests.
Myrtle Beach is one of the most visited coastal tourism markets in the southeastern United States. It continues to demonstrate resilience as a drive-to leisure destination, benefiting from regional population growth across the Carolinas, Georgia, and the Mid-Atlantic states. The area’s affordability relative to other coastal destinations enhances occupancy stability and repeat visitation. In 2024, 18.2 million people visited the area, up 2.3% from 2023. These guests spent $13.2 billion in 2024, outpacing 2023 travel expenditures by 5.3%.
Aventura on the Ocean represents a compelling opportunity to acquire an oceanfront asset in a high-demand leisure market with both stable cash flow characteristics and significant upside potential. The combination of irreplaceable beachfront location, strong regional tourism drivers, and value-add positioning makes this offering attractive to investors seeking exposure to the Myrtle Beach coastal market.
Property Facts In Escrow
| Sale Type | Investment | Building Size | 30,288 SF |
| Sale Condition | Distress Sale | No. Rooms | 41 |
| Property Type | Hospitality | No. Stories | 4 |
| Property Subtype | Hotel | Year Built/Renovated | 1969/2023 |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.43 AC |
| Sale Type | Investment |
| Sale Condition | Distress Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 30,288 SF |
| No. Rooms | 41 |
| No. Stories | 4 |
| Year Built/Renovated | 1969/2023 |
| Corridor | Exterior |
Amenities
- Pool
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 41 | $121.94 CAD | - |
Property Taxes
| Parcel Number | 44508020007 | Improvements Assessment | $2,971,637 CAD |
| Land Assessment | $1,962,254 CAD | Total Assessment | $4,933,892 CAD |
Property Taxes
Parcel Number
44508020007
Land Assessment
$1,962,254 CAD
Improvements Assessment
$2,971,637 CAD
Total Assessment
$4,933,892 CAD
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