$4,200,000
( $285.13Per Sq Foot )
 $21,909 est/mo Sourced by Back At You

1900 S Ocean Blvd.,Myrtle Beach, SC 29577

Myrtle Beach, SC 29577

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Description

Introducing Palms By The Beach, a rare opportunity to own a fully renovated 36-room hospitality property in one of the most sought-after locations along the Grand Strand. Ideally positioned directly on South Ocean Boulevard with beach access and beautiful ocean views, this turnkey hospitality property offers exceptional potential and long-term investment value. Completely renovated in 2022, the property has undergone a comprehensive top-to-bottom transformation. Improvements include all-new electrical and plumbing systems, a new roof, new HVAC units, new flooring, new bathrooms, new vanities, new fixtures, new doors, fresh interior and exterior paint, and numerous additional upgrades. The property features a total of 36 units including one-bedroom suites and efficiency units, along with a lobby, a large outdoor swimming pool, an inviting sun deck, and ample on-site parking to accommodate guests. Located in the heart of Myrtle Beach, this premier property is just minutes from the Myrtle Beach Boardwalk, Market Common, championship golf courses, shopping, dining, and countless entertainment attractions. Its prime location, exceptional visibility, and tourist demand create an outstanding opportunity. Whether you're looking to expand your hospitality portfolio or secure a premier asset in one of South Carolina's most visited destinations, Palms By The Beach represents a truly unique opportunity.

Details

MLS #2616999
Listing TypeFor Sale
StyleHotelmotel
Sub-TypeResale
StatusActive
Days On Site53
Listing Provided ByRealty ONE Group Dockside | Liat Edri

Features

SQ Feet14,730
Story(s)3
Units36
ZoningMUH
Acreage0.34

Interior

Cooling Yes / NoYes
CoolingWall Window Units
Interior FeaturesStorage

Exterior

Construction MaterialsConcrete, Steel

Utilities

SewerPublic Sewer

Area Information

StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16G Myrtle Beach Area Southern Limit to 10TH Ave N
Listing VS Median (in 29577)
Price:
$4,200,000
low | high
Med:
$219,000
100% of Average
sqft:
14,730
low | high
Med:
878
100% of Average
$ / sqft:
$285
low | high
Med:
$267
56.282307216475% of Average
On site:
53
low | high
Med:
225
23.555555555556% of Average
Sourced by Back At You

Market Activity 29577

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Learn More About This Property

StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16G Myrtle Beach Area Southern Limit to 10TH Ave N
Listing VS Median (in 29577)
Price:
$4,200,000
low | high
Med:
$219,000
100% of Average
sqft:
14,730
low | high
Med:
878
100% of Average
$ / sqft:
$285
low | high
Med:
$267
56.282307216475% of Average
On site:
53
low | high
Med:
225
23.555555555556% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $3.15M - $5.25M
sqft: 11,000 - 18,000
Nearby Listings Property ImageNearby Listings Details
1900 S Ocean Blvd. Property Photo 1
$25,000
1900 S Ocean Blvd.
Myrtle Beach, SC 29577
Listing Updated: August 26, 2026 at 8:38:58 AM PDT