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703 S Ocean Blvd., Myrtle Beach, 29577

$12,750,000

  • Commercial /Commercial
703 S OCEAN BLVD., Myrtle Beach, SC for sale.
703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
                                  703 S OCEAN BLVD., Myrtle Beach, SC for sale.
Courtesy of Keystone Realty Mb, Llc
Offered FOR SALE is the 3 Palms Oceanfront Resort. The 3 Palms, consists of 129 Rental Units and, is located in the Yaupon Circle Section of Myrtle Beach situated on the Oceanfront between 7th & 8th Avenues South. Each Rental Unit has its own Tax Map Parcel in preparation for a Conversion to a Condominium Regime. The property is in close proximity to Family Kingdom Amusement Park, Restaurants, Fishing Piers, Market Commons, Retail Shopping, and Entertainment Venues. The Hotel is comprised of one 8 story building with both interior and exterior corridor floors. There is a combination of on-site and off-site parking. NEIGHBORHOOD: Considered one of the nation's top vacation destinations Myrtle Beach hosts nearly 16 million visitors each year and offers an increasing number of attractions, live-music theaters, shopping centers, and more than 120 golf courses. REAL ESTATE: This assemblage is comprised of One (1) Oceanfront Lot with a Total Land Mass of approximately 25,350 SF and, Five (05) Second and Third Row Lots with a total land mass of approximately 57,735 SF. FUTURE CONVERSION: This Property has been Legally Subdivided to accommodate a Conversion to Condominiums or Timeshare in the future. Each Individual Rental Unit has been assigned an individual TMS and PIN number. 8 Story Building- Approximately 94,500 Square Feet 129 Guest Rooms in Current Configuration Corridors: (6) Interior - (2) Exterior Offices: (2) On main floor Lobby/Check In: Main Lobby with Concierge Service Outdoor Pool Heated Outdoor Pool Whirlpool Lazy River Exercise Room Restaurant 2 Bars Poolside Cabana Commercial Laundry Facility Guest Laundry 136 Parking Spaces 16 Garage parking Spaces Parking Lots-5 Second and Third Row Lots 2 Elevators HVAC / Guest Rooms: HVAC / Common-Collectively 34 Tons of Split Systems Safety / Security-Fire Electronically Monitored Sprinkler System Backup Generator
Last updated on 11/19/2018
Courtesy of Keystone Realty Mb, Llc

More Details for 703 S Ocean Blvd.

Property Class: Commercial/Industrial
Listing Status: Active
City: Myrtle Beach
State: SC
Zip: 29577
Area: 16G Myrtle Beach Area--Southern Limit to 10TH Ave N
County: Horry
Class: Commercial
Property Subtype: Commercial
Approx Lot Size: 1.910
Stories: 8
Property Sub Type Descr: COMMERCIAL
Lot Size Area Acres: 1.91000
Listing#: 1808277
Parcel Number: 1811401034

Features for 703 S Ocean Blvd.

Present Use: Hotel/Motel

Documents for 703 S Ocean Blvd.

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Based on information from the Coastal Carolinas Association of REALTORS®, Inc. 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. Information deemed reliable but not guaranteed. © 2016 Coastal Carolinas Association of REALTORS®, Inc.
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