Viewing Listing MLS# 1920086

$8,000,000 | N/A beds | N/A full baths | N/A half baths | 24,684 sqft

$8,000,000 No Recent Price Change
1427 S Ocean Blvd.
North Myrtle Beach, SC 29582
  • R-4Zoning
  • 24,684SqFt
  • 53Units
  • For SaleSale/Rent
  • N/AWet Lands
  • 0.90Acres
  • MLS# 1920086
  • Commercial/industrial
  • Hospitality
  • Sold

  • Approx Time on Market2 years, 3 months, 29 days
  • AreaNorth Myrtle Beach Area--Crescent Beach
  • CountyHorry
  • SubdivisionN/A

Overview

GREAT LOCATION FOR OCEANFRONT DEVELOPMENT APPROXIMATELY 155' ON THE OCEAN, 2 LOTS WITH 0.60 ACRE ON OCEANFRONT AND 2 LOTS WITH 0.30 ACRE ON 2ND ROW. Incredible opportunity on this direct oceanfront motel in North Myrtle Beach. Ocean Edge Motel is a four story 43 unit motel with 10 additional units on the back of the property 2nd row parcel. It has an outdoor Pool facing the ocean. Commercial laundry facilities. Check-In Office and Administrative Office fronting on the Boulevard. It's also the owner quarter. Onsite Parking. North Myrtle Beach is a friendly family beach and the home to the Shaggers. All measurements and square footage and information are approximate and not guaranteed. Buyer is responsible for verification.


Sale Info

Listing Date: 07-30-2019

Sold Date: 11-29-2021

Aprox Days on Market: 
   2 Year(s), 3 month(s), 29 day(s)

Listing Sold: 
    10 month(s), 8 day(s) ago

Asking Price: $8,000,000

Selling Price: $7,000,000

Price Difference: 
Reduced By $1,000,000

Association Fees / Info

Bathroom Info

Building Info

Building Rented:  No

Buildings:  3

Stories:  4

Exterior Features

Exterior Finish:  Wood Frame, Brick Veneer

Financial

Original Price:  $8,000,000

Garage / Parking

Lot Info

Wetlands:  Unknown

Acres:  0.90

Property Info

Additional Amenities:  Security System, Fire Alarm, Fire Walls, Fixtures/Furniture, Office(s), Reception Area, Kitchen Facility, Living Quarters, Restrooms - Public, Restrooms - Private, Sign

Business Offered:  Yes

Improvements:  W/House or Living Quarter, Yes

Est Road Frontage:  151 Feet

Underground Storage:  Unknown

Special:  Other, Plat(s)

Present Use:  Hotel/Motel

Environmental Study:  No

Zoning:  R-4

County:  Horry

Non Confirming:  ,No,

Class Type:  Hospitality

Sale / Lease Info

Will Sell:  Sell In Entirety

Saleincludes:  Building, Land, Good Will, Signs, Other

Stipulation of Sale:  None

Status Category:  Sold

Sold Date:  2021-11-29T00:00:00

Sold Price:  $7,000,000

Sale Or Rent:  For Sale

Sqft Info

Total Heated Sq Ft:  18,360

Total Sq Ft:  24,684

Tax Info

Tax Map:  35714020153

Tax Map:  35714020152

Unit Info

Num Units:  53

Utilities / Hvac

Sewer:  Public, Public Sewer

Heating Cooling:  Baseboard, Central Heat, Window Units, Central Air

Courtesy of Cb Sea Coast Advantage Cf 

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On tm-05.myrsoldev3.com since Tue, Jul 30th 2019
No Property History recorded for this listing.

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MLS IDX data last updated on 10-07-2022 4:33 PM EST.