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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 $6,607,232 CAD
Price Per Room $110,121 CAD
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 $176.19 CAD -
Guest Room 58 $119.36 CAD -
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
44311030054
Land Assessment
$2,038,971 CAD
Improvements Assessment
$2,620,404 CAD
Total Assessment
$4,659,375 CAD
  • Listing ID: 41028856

  • Date on Market: 2026-06-23

  • Last Updated:

  • Address: 806 S Ocean Blvd, Myrtle Beach, SC 29577

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