1404 S Ocean Blvd. $4,250,000

    Close

    1404 S Ocean Blvd. Myrtle Beach, SC 29577

    Active Under Contract
    Request Info
    • 30,965 sq. ft.
    • 1.15 Acres
    • Commercial
    • MLS# 2112239
    Favorite Share
    Views: 4 Days On Site: 116

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Description Tours

    Rare to find a commercial land on Ocean Blvd from street to street. The property occupied almost half of a block on 2nd Row. It has 1.15 acres of land with two buildings, three stories high and a total of 86 rooms. Buyer can continue to operate as a hotel/motel or redevelop into a larger, taller hotel building. 407 feet of frontage on 14th Ave South and 91 feet on Ocean blvd. Close to the beach, Family Kingdom and all the major attractions. All measurements and square footage are approximate and not guaranteed. Buyer is responsible for verification.

    • General Features
      • YearBuilt 1972
      • Construction Materials Block, Stucco
      • Area 16G Myrtle Beach Area--Southern Limit to 10TH Ave
      • Levels Three Or More
      • Zoning C-2
    • Building Features
      • Cooling Wall/Window Unit(s)
      • Cooling Y/N 1
      • Number Of Units Total 86
    • Property Features
      • Lot Size Acres 1.15
      • Sewer Public Sewer

    Contact

    Neighborhood

    29577 (Myrtle Beach) Demographics

    40 Median Age
    1,270 Population Density (per sq. mile)
    31% College Educated
    $36,173 Estimated Median Income
    6,411 Estimated Total Home Owners
    6,357 Estimated Total Renters
    50% / 50% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    30,098 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $190,000 Median Sales Price
    197 Homes Sold
    245 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,250,000
        6/28/2021 1:51:55 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        6/4/2021 2:37:00 PM New in Database Source: Multiple Listing Service New Value: $4,250,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange™ Program of the Coastal Carolinas Association of REALTORS®. All information provided is deemed reliable but is not guaranteed and should be independently verified. © Copyright 2021 CCAR and Peace Sotheby's International Realty. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.