$6,290,000
( $284.72Per Sq Foot )
$32,812 forsale estimated payment Sourced by Back At You507 -509 Ocean Blvd. N , Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
Description
5th & Ocean is a Brand New and Turn-Key 63 door hotel located on North Ocean Blvd, just a short walk from the Sky Wheel and across the street from the Ocean. Modern design and decor, custom showers. Fully operational.The property went through a Complete renovation in 2023-2024. All aspects of the property are new. All electric rewired, all plumbing replaced. All HVAC units NEW. New roof, New flooring, New bathrooms, NEW furniture, New blinds, NEW appliances and TV's. New Exterior and interior paint, New Sign, New Lobby, New parking. The pool and all common areas were redone in 2024. Commercial laundry facility on site. Multiple storage areas and all parking on site. Opened for business in April of 2024.
Details
| Mls | 2423233 |
|---|---|
| Listing Type | For Sale |
| Style | Hospitality |
| Subtype | Resale |
| Status | Active |
| Days On Site | 59 |
| Listing Provided By | Realty ONE Group Dockside | Liat Edri |
Features
| Sq Feet | 22,092 |
|---|---|
| Storys | 4 |
| Units | 63 |
| Zoning | MU-H |
| Acreage | 0.63 |
Market Activity 29577
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Listing VS Median (in 29577) | |
Price: $6,290,000 low | high Med: $237,900 SqFt: 22,092 low | high Med: 1,215 $ / SqFt: $285 low | high Med: $196 On Site: 59 low | high Med: 69.000000 | |
Listing Updated: November 25, 2024 at 9:41:40 PM PST