North Myrtle Beach

703 S Ocean Blvd. $12,750,000

MLS#: 1808277
Address: 703 S Ocean Blvd.
City / Zip: Myrtle Beach, SC 29577
Type: Commercial / Commercial

N/A

Year Built

Myrtle Beach

City

Overview

Click the main image above for larger images

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

This listing is provided courtesy of Keystone Realty MB, LLC

Amenities

Share This Property

Want To Know More About This Listing?

Leave this field empty

Fill out the form below to get more information.

*
*
*
*

Additional Information