Viewing Listing MLS# 2325661

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302-306 North Ocean Blvd. Myrtle Beach, SC 29577

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$4,800,000 | N/A beds | N/A full baths | N/A half baths | 33,346 sqft

$4,800,000 No Recent Price Change

302-306 North Ocean Blvd.
Myrtle Beach, SC 29577

MU-HZoning
33,346SqFt
58Units
N/ASale/Rent
N/AWet Lands
0.62Acres

MLS# 2325661
Commercial
HotelMotel
Active Under Contract

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Approx Time on Market4 months, 5 days
AreaMyrtle Beach Area--Southern Limit To 10th Ave N
CountyHorry
SubdivisionN/A

Overview

Sea Gypsy Inn is a motel fronting the Atlantic Ocean and North Ocean Boulevard in Myrtle Beach. This property is comprised of 58 operating units, both long and short term rental. Offering a total of 210 frontage on the Atlantic Ocean, this property is a value-add opportunity with conversion to a boutique concept or complete site redevelopment. This property is located on Ocean Boulevard, and is 5 blocks south from Myrtle Beachs Boulevard tourist district. This area is the primary tourist hub and major national tourist attractions including Ripleys Believe-it-or-Not, The Bowery, Zip Line Adventures, The Gay Dolphin, Ripleys Marvelous Mirror Maze, I Love Sugar, Landshark Bar & Grill, and SkyWheel Myrtle Beach. Myrtle Beach is the major oceanfront coastal resort on the east coast of the United States. Offering over 60 miles of oceanfront, 86 golf courses, and 1,800 restaurants attract over 20 million visitors each year.

Agriculture / Farm

Grazing Permits Blm: ,No,

Horse: No

Grazing Permits Forest Service: ,No,

Grazing Permits Private: ,No,

Irrigation Water Rights: ,No,

Farm Credit Service Incl: ,No,

Crops Included: ,No,

Association Fees / Info

Hoa: No

Bathroom Info

Building Info

New Construction: No

Num Stories: 2

Levels: Two

Mobile Home Remains: ,No,

Zoning: MU-H

Buyer Compensation

Exterior Features

Spa: No

Financial

Lease Renewal Option: ,No,

Garage / Parking

Garage: No

Carport: No

Open Parking: No

Attached Garage: No

Interior Features

Fireplace: No

Lot Info

Lease Considered: ,No,

Lease Assignable: ,No,

Acres: 0.62

Land Lease: No

Misc

Pool Private: No

Offer Compensation

Property Info

County: Horry

Current Use: HotelMotel

View: No

Number of Units Total: 58

Senior Community: No

Stipulation of Sale: None

Habitable Residence: ,No,

Property Attached: No

Rent Control: No

Number of Buildings: 3

Room Info

Basement: ,No,

Sold Info

Sqft Info

Sqft: 33346

Tax Info

Unit Info

Utilities / Hvac

Electric On Property: No

Cooling: No

Heating: No

Waterfront / Water

Waterfront: No

Courtesy of Tradd Commercial

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Price & Status History (on rozmurray.com since Thu, Dec 21st 2023)

Original Price: $4,800,000
Current Price: $4,800,000
Price Reduced: $0

Date Changed	From	To
04/22/2024	Active	Active Under Contract

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