7100 N Ocean Blvd - Residential Income FOR SALE


Myrtle Beach, SC 29572
$13,500,000 USD
843-222-6357
7100 N Ocean Blvd, Myrtle Beach, SC for Sale
$13,500,000 USD
Residential Income - FOR SALE
1/96
null | Request Cap Rate

7100 N Ocean Blvd
Myrtle Beach, SC 29572


HIGHLIGHTS

  • Portfolio consists of 27 condominium units across multiple Myrtle Beach oceanfront resorts.
  • Includes studio through four-bedroom accommodations serving diverse guest segments.
  • Located throughout prominent beachfront destinations along North and South Ocean Boulevard in Myrtle Beach.
  • All units are offered with 100% ownership interests.

OVERVIEW

Portfolio of 27 condominium units Location: Myrtle Beach, South Carolina Property Type: Short-term rental condominium investment portfolio Ownership: 100% ownership interest in all units Total 2024 Rental Income: $1,950,213 Total 2025 Rental Income: $1,902,354 Annual Real Estate Taxes: $130,191 HOA Dues: $50,601 per month ($607,212 annually) Miscellaneous Expenses: $162,000 annually Unit Mix: Studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom oceanfront and ocean-view condominiums Portfolio Locations Include: Meridian Plaza, Grand Atlantic, Caribbean Resort, Bay View Resort, Camelot Resort, Dunes Village Resort, Paradise Resort, Compass Cove, Boardwalk Resort, Ocean Reef Resort, Patricia Grand, and Breakers Resort This offering presents the opportunity to acquire a diversified portfolio of 26 condominium units positioned throughout some of Myrtle Beach's most recognized oceanfront resort destinations. The collection includes a mix of studio, one-bedroom, two-bedroom, three-bedroom, and four-bedroom units across multiple resort properties, providing broad exposure to the Grand Strand's year-round tourism market and reducing concentration risk associated with any single property or resort. The portfolio generated approximately $1.84 million in rental revenue during 2024 and approximately $1.81 million in rental revenue during 2025, demonstrating an established operating history supported by Myrtle Beach's tourism-driven economy. Units are located within highly visible beachfront resorts along both North Ocean Boulevard and South Ocean Boulevard, placing guests within proximity to beaches, entertainment venues, dining destinations, golf courses, retail corridors, and major visitor attractions that drive recurring lodging demand throughout the year. The portfolio benefits from a range of accommodation types capable of serving couples, families, group travelers, and extended-stay guests. Several of the highest-performing assets include large four-bedroom oceanfront units at Dunes Village, Ocean Reef, Grand Atlantic, and Paradise Resort, complemented by smaller units that provide additional diversification across guest profiles and booking patterns. With 100% ownership interests in all units, multiple resort affiliations, and demonstrated revenue generation across a broad spectrum of property types, this portfolio offers investors immediate participation in one of the Southeast's most established coastal vacation rental markets while providing scale that would be difficult to replicate through individual acquisitions. Addresses: Meridian Plaza Unit 1102 2310 N Ocean Blvd, Myrtle Beach, SC 29577 Grand Atlantic Unit 904 2007 S Ocean Blvd, Myrtle Beach, SC 29577 Grand Atlantic Unit 1207 2007 S Ocean Blvd, Myrtle Beach, SC 29577 Grand Atlantic Unit 905 2007 S Ocean Blvd, Myrtle Beach, SC 29577 Caribbean Plaza Unit 701 3000 N Ocean Blvd, Myrtle Beach, SC 29577 Bay View Resort Unit 705 504 N Ocean Blvd, Myrtle Beach, SC 29577 Camelot Resort Unit 601 2000 N Ocean Blvd, Myrtle Beach, SC 29577 Bay View Resort Unit 1609 504 N Ocean Blvd, Myrtle Beach, SC 29577 Dunes Village Unit 820 5300 N Ocean Blvd, Myrtle Beach, SC 29577 Paradise Resort Unit 801/802 2201 S Ocean Blvd, Myrtle Beach, SC 29577 Caribbean Plaza Unit 306 3000 N Ocean Blvd, Myrtle Beach, SC 29577 Grand Atlantic Unit 907 2007 S Ocean Blvd, Myrtle Beach, SC 29577 Compass Cove Unit 921 2311 S Ocean Blvd, Myrtle Beach, SC 29577 Boardwalk Resort Unit 338 2300 N Ocean Blvd, Myrtle Beach, SC 29577 Ocean Reef Unit 626 7100 N Ocean Blvd, Myrtle Beach, SC 29572 Patricia Grand Unit 824 2710 N Ocean Blvd, Myrtle Beach, SC 29577 Patricia Grand Unit 1108 2710 N Ocean Blvd, Myrtle Beach, SC 29577 Dunes Village Unit 520 5300 N Ocean Blvd, Myrtle Beach, SC 29577 Dunes Village Unit 521 5300 N Ocean Blvd, Myrtle Beach, SC 29577 Dunes Village Unit 418 5300 N Ocean Blvd, Myrtle Beach, SC 29577 Dunes Village Unit 812 5300 N Ocean Blvd, Myrtle Beach, SC 29577 Paradise Resort Unit 1601/1602 2201 S Ocean Blvd, Myrtle Beach, SC 29577 Breakers Resort Unit 1670 2104 N Ocean Blvd, Myrtle Beach, SC 29577 Grand Atlantic Unit 701 2007 S Ocean Blvd, Myrtle Beach, SC 29577 Ocean Reef Unit 826 7100 N Ocean Blvd, Myrtle Beach, SC 29572 Ocean Reef Unit 1226 7100 N Ocean Blvd, Myrtle Beach, SC 29572 Ocean Reeef unit 1026 7100 N Ocean Blvd Myrtle Beach, SC 29572

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$405 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Oceanfront Condo Portfolio 27 Properties

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

commercial

APN/PARCEL ID

42105020556

ASK ABOUT THIS PROPERTY

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843-222-6357

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Liat EdriRealty One Group DocksideMore Info
843-222-6357

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.