2207 Ocean Blvd, Myrtle Beach, SC 29577
204 Room Hotel | Myrtle Beach, SC 29577 | $19,000,000 ($93,137/Room)
For Sale
Active
8 pictures
Asking Price $19,000,000
- Property Type
-
Hospitality
- Square Feet
- 156,884 SF
Listing Contacts
William Graves
Ryan Lipomi
Nate McDaniel
- Property Info
Property Overview
Marcus & Millichap are pleased to present Sandcastle South located in Myrtle Beach, South Carolina. The subject property contains 240 units total, with 169 being sold leaving the rest in control of the HOA.
Myrtle Beach, South Carolina, is a vibrant coastal city renowned for its stunning beaches, warm climate, and bustling attractions. The beautiful sandy beaches are the highlight, attracting tourists and locals. Beyond the beaches, the area boasts a myriad of entertainment options, including amusement parks, golf courses, shopping centers like Broadway at the Beach, and entertainment venues. Overall, Myrtle Beach combines its natural beauty, entertainment options, and economic diversity to offer residents and visitors a multifaceted coastal experience.
Myrtle Beach presents a dynamic market with a diverse economy primarily driven by tourism, hospitality, and real estate. Efforts to diversify the economy beyond tourism are ongoing, with a focus on expanding industries such as technology, healthcare services, and education to create a more balanced economic landscape. The real estate sector plays a significant role in Myrtle Beach’s economy, fueled by both residential and commercial developments. The housing market has seen growth in recent years with a mix of retirees, second-home buyers, and investors contributing to the demand for properties.
Myrtle Beach, South Carolina, is a vibrant coastal city renowned for its stunning beaches, warm climate, and bustling attractions. The beautiful sandy beaches are the highlight, attracting tourists and locals. Beyond the beaches, the area boasts a myriad of entertainment options, including amusement parks, golf courses, shopping centers like Broadway at the Beach, and entertainment venues. Overall, Myrtle Beach combines its natural beauty, entertainment options, and economic diversity to offer residents and visitors a multifaceted coastal experience.
Myrtle Beach presents a dynamic market with a diverse economy primarily driven by tourism, hospitality, and real estate. Efforts to diversify the economy beyond tourism are ongoing, with a focus on expanding industries such as technology, healthcare services, and education to create a more balanced economic landscape. The real estate sector plays a significant role in Myrtle Beach’s economy, fueled by both residential and commercial developments. The housing market has seen growth in recent years with a mix of retirees, second-home buyers, and investors contributing to the demand for properties.
Property Details
- Class
- C
- Year Built/Renovated
- 1998/2012
- Stories
- 14
- Property Subtype
- Hotel
- Lot Size (sq. ft)
- 74,052 SF
- Units
- 204
Highlights
- Located 1.8 miles from Broadway at the Beach
- Located 4.4 miles from the Myrtle Beach International Airport
- Located on the Beach
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].