Viewing Listing MLS# 2423233

$6,290,000 | N/A beds | N/A full baths | N/A half baths | 22,092 sqft

$6,290,000 No Recent Price Change
507 -509 Ocean Blvd. N
Myrtle Beach, SC 29577
  • MU-HZoning
  • 22,092SqFt
  • 63Units
  • N/ASale/Rent
  • N/AWet Lands
  • 0.63Acres
  • MLS# 2423233
  • Commercial
  • HotelMotel
  • Active

  • Approx Time on Market29 days
  • AreaMyrtle Beach Area--Southern Limit To 10th Ave N
  • CountyHorry
  • Subdivision N/A

Overview

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.



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:  4

Mobile Home Remains:  ,No,

Zoning:  MU-H

Building Features:  PoleSign

Construction Materials:  Masonry, Concrete, Steel

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:  0.63

Land Lease:  No

Misc

Pool Private:  No

Offer Compensation

Property Info

County:  Horry

Current Use:  HotelMotel

View:  No

Number of Units Total:  63

Senior Community:  No

Stipulation of Sale:  None

Habitable Residence:  ,No,

Property Attached:  No

Security Features:  FireAlarm

Rent Control:  No

Room Info

Basement:  ,No,

Sold Info

Sqft Info

Sqft:  22092

Tax Info

Unit Info

Utilities / Hvac

Cooling:  WallWindowUnits

Electric On Property:  No

Cooling:  Yes

Sewer:  PublicSewer

Heating:  No

Waterfront / Water

Waterfront:  No

Directions

North Ocean Blvd & 5th Ave N.

Courtesy of Realty One Group Dockside 

Mortgage Calculator

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On rozmurray.com since Sun, Oct 6th 2024
No Property History recorded for this listing.

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