$386.42 Per Sq Foot

3701 Ocean Blvd. N

North Myrtle Beach SC, 29582

Description

This is The Sweet Life. Never work a day in your life doing what you love! This is it! Live in a unit and run the hotel and let it pay you or just have a terrific investment! INCREDIBLE location in the desirable Cherry Grove Beach area close to Sea Mountain Hwy between the inlet in back of the building and the ocean right across the street! This boutique hotel with different motifs offers 14 totally remodeled units.( 4 Kings, 7 queens and 3 with 2 doubles.) Each unit has individual electric services, with coffered ceilings, ceramic tiled floors, new equipped (full size appliances) kitchens with granite countertops, beautiful bathrooms (all with their own shut offs), split systems in each for heating and cooling. 2 Sets of washer/dryers for onsite cleaning. Each unit has a water sprinkler system for fire safety. Gaze from the sundeck and watch the ocean! Or kick back on a raft in the pool. Each unit could sleep 1-6 guests, this is a turnkey business. Ranked #1 on Trip Advisor out of 73 hotels in the city of North Myrtle Beach. There is an office onsite. Public Beach access is right across the street - so convenient! 1 Block from Cherry Grove Fishing Pier, close to grocery, hardware stores. Bike, golf cart, kayak and paddleboard rentals are right down the street. This is a spotless pet friendly hotel which serves the business very well. Current business model has been running on a 8.5 month fiscal period so staff can break. Business could run all year - many options. Make this little slice of paradise your own!

Details

MLS#2118138
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site72

Features

N/A5,952
Story(s)2
Units14
ZoningR-4
Acreage0.19

Market Activity 29582

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Area Information
StateSC
CountyHorry
CityNorth Myrtle Beach
Zip Code29582
Area11A North Myrtle Beach Area--Cherry Grove
Listing VS Median (in 29582)
Price:
$2,300,000
low | high
Med:
$379,950
100% of Average
SqFt:
5,952
low | high
Med:
1,563
100% of Average
$ / SqFt:
$386
low | high
Med:
$245
86.608888367124% of Average
On Site:
72
low | high
Med:
22
100% of Average
Sourced by Back At You
Listing Updated: October 26, 2021 9:37:36 PM PDT
Michele Barton LogoMLS Number: 2118138
Listing Provided By:
Michele Barton  of  Realty ONE Group DocksideNorth
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas Association of REALTORS® MLS.