507 -509 Ocean Blvd. N, Myrtle Beach, South Carolina 29577

SC, Myrtle Beach
$5,800,000
  • 22,092 Sqft
    0.63 Acre
  • Commercial Sale Property Type
  • Active Status
Joshua Carter
Joshua Carter Joshua Carter LLC
  • (843) 213-8812
  • josh@joshuacarter.com
  • 5111 N Kings Hwy Myrtle Beach SC 29577
Property 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.
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2423233
  • Price: $5,800,000
  • Square Footage: 22,092 Sqft
  • Lot Area: 0.63 Acre
  • Status: Active
  • Office Name: Realty ONE Group Dockside
  • Property Sub Type: Hotel/Motel
Features
  • Cooling System Wall/Window Unit(s)
  • Sewer Public Sewer
Address Map
  • Country US
  • State SC
  • County Horry
  • City Myrtle Beach
  • Zipcode 29577
  • Street: Ocean Blvd. N
  • Street Number: 507 -509
  • Longitude: W79° 6' 58.9''
  • Latitude: N33° 41' 17.9''
  • Zoning: MU-H
  • Directions: North Ocean Blvd & 5th Ave N.
  • Mls Area Major: 16G Myrtle Beach Area--Southern Limit to 10TH Ave N
Additional Information
  • Business Type: Hotel/Motel, Hospitality
  • Construction Materials: Concrete, Steel, Masonry
  • Current Use: Hotel/Motel
  • Number Of Units Total: 63
  • On Market Date: 2024-10-06
  • Stories: 4
Listing Information
  • List Agent Mls Id: 6170
  • List Office Mls Id: 1462
  • Listing Term: Cash, Conventional
  • Mls Status: Active
  • Modification Timestamp: 2025-01-31T15:06:16Z
  • Originating System Name: CCAR
  • Special Listing Conditions: None
MLS On The Fly
Property