Viewing Listing MLS# 1820966
Myrtle Beach, SC 29577
- MU-MZoning
- N/ASqFt
- 42Units
- N/ASale/Rent
- N/AWet Lands
- 0.43Acres
- MLS# 1820966
- Commercial
- HotelMotel
- Sold
- Approx Time on Market3 months, 15 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- SubdivisionN/A
Overview
Formerly known as The Atlantic Breeze, this 42 Unit Resort Motel is located on a single, rectangular, Oceanfront Lot at the corner of South Ocean Boulevard and 28th Avenue South. It includes a 4-Story Section with Direct Ocean-Views, and a 2-Story Section with views of the Pool and South Ocean Boulevard. GENERAL SITE INFORMATION: Approximately .43 Acres, (18,731 Square Feet). Approximately 70' of Frontage on Ocean Boulevard. Corner of South Ocean Boulevard and 28th Avenue South. Average Daily Traffic Count-11,600 (Source: SCDOT 2017). Site abuts a Public Ocean Access on the South at the 28th Avenue Street End. IMPROVEMENTS: Low Rise Hotel includes a 4-Story Section with Direct Ocean Views constructed in 1969. 16 Units with Direct Ocean Views. Low Rise Hotel includes a 2-Story Section with views of the Pool and Boulevard. 26 Units Side Units with Pool and Boulevard Views. Outdoor Pool with Southern Exposure. Commercial Laundry Facilities. Check-In Office and Administrative Office fronting on the Boulevard. Onsite Parking. NEIGHBORHOOD: Located in the South Ocean Boulevard District and is within comfortable walking distance to Springmaid Pier, Downwind Watersport Rentals, Myrtle Beach State Park and several Oceanfront Dining Options. The property is also in close proximity to the Horry County International Airport, and Market Commons which is a NEW Specialty Retail/Dining/Entertainment District. Property is under a Lease Agreement which expires September 30, 2020. No Financials are Available. Sale is net of Furniture, Fixtures and Equipment
Sale Info
Listing Date: 10-15-2018
Sold Date: 01-31-2019
Aprox Days on Market: 
3 month(s), 15 day(s)
Listing Sold: 
5 Year(s), 4 month(s), 22 day(s) ago
Asking Price: $2,900,000
Selling Price: $2,100,000
Price Difference:
Same as list price
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
New Construction: No
Num Stories: 4
Mobile Home Remains: ,No,
Zoning: MU-M
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.43
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 42
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Rent Control: No
Number of Buildings: 1
Room Info
Basement: ,No,
Sold Info
Sold Date: 2019-01-31T00:00:00
Sqft Info
Tax Info
Tax Legal Description: MIDWAY EXT; LT 6 BL 14
Unit Info
Utilities / Hvac
Electric On Property: No
Cooling: No
Heating: No
Waterfront / Water
Waterfront: No
Courtesy of Keystone Realty Mb, Llc