$8,000,000

1427 S Ocean Blvd. #ocean Edge On Oceanfront

North Myrtle Beach SC, 29582

Description

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.

Details

MLS#1920086
Listing TypeFor Sale
Sub-TypeResale
StatusActiveUnderContract
Year1983
Days On Site685

Features

N/A18,360
Units53
ZoningR-4

Additional Information

Est. Heated SqFt.18360
Est. Under Roof SqFt.18360
Formal DiningNo
Heating and CoolingCentralAir,WallWindowUnits,Baseboard,Central
Ocean FrontYes
Ocean ViewNo
Boat SlipNo
Master DownNo
HOANo
FireplaceNo
Fencing / Fenced YardNo
PorchNo
DeckNo

Market Activity 29582

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Area Information
StateSC
CountyHorry
CityNorth Myrtle Beach
Zip Code29582
Area11C North Myrtle Beach Area--Crescent Beach
Listing VS Median (in 29582)
Price:
$8,000,000
low | high
Med:
$359,900
100% of Average
SqFt:
18,360
low | high
Med:
1,679
100% of Average
$ / SqFt:
$436
low | high
Med:
$214
100% of Average
On Site:
685
low | high
Med:
531
100% of Average
Sourced by Back At You
Listing Updated: July 24, 2021 10:30:15 AM PDT
Listing Provided By: John Draughn of CB Sea Coast Advantage CF
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.