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302-306 North Ocean Blvd., Myrtle Beach, SC 29577
$4,800,000
302-306 North Ocean Blvd., Myrtle Beach, SC 29577View this property at 302-306 North Ocean Blvd., Myrtle Beach, SC 29577
302-306 North Ocean Blvd.Myrtle BeachSC29577
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Property Description
Sea Gypsy Inn is a motel fronting the Atlantic Ocean and North Ocean Boulevard in Myrtle Beach. This property is comprised of 58 operating units, both long and short term rental. Offering a total of 210' frontage on the Atlantic Ocean, this property is a value-add opportunity with conversion to a boutique concept or complete site redevelopment. This property is located on Ocean Boulevard, and is 5 blocks south from Myrtle Beach's Boulevard tourist district. This area is the primary tourist hub and major national tourist attractions including Ripley's Believe-it-or-Not, The Bowery, Zip Line Adventures, The Gay Dolphin, Ripley's Marvelous Mirror Maze, I Love Sugar, Landshark Bar & Grill, and SkyWheel Myrtle Beach. Myrtle Beach is the major oceanfront coastal resort on the east coast of the United States. Offering over 60 miles of oceanfront, 86 golf courses, and 1,800 restaurants attract over 20 million visitors each year.
Full Property Details
Full Property Details for 302-306 North Ocean Blvd
General
- Price: $4,800,000
- Status: Under Contract
- Type: Commercial Service
- MLS ID: 2325661
- Updated: 5/26/2024
- Added to Site: 172 day(s) ago
Business
- Business Type: Hotel/Motel, Hospitality
Location
- Area: 16G Myrtle Beach Area--Southern Limit to 10TH Ave
- County: Horry
Structural Information
- # Buildings: 3
- Stories/Levels: 2
- Living Area: 33,346 Sq. Ft.
- Current Bldg. Use: Hotel/Motel
Lot Features
- Lot Size (Acres): 0.62
- Lot Size Source: Public Records
- Zoning: MU-H
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Property ID: 44408040002
Listed by Tradd Commercial
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Schools
Schools serving 302-306 North Ocean Blvd
Rating | Name | Grades | Distance |
---|---|---|---|
Myrtle Beach Elementary School
950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 2.2 mi | |
Myrtle Beach Primary School
620 29th Ave N, Myrtle Beach, SC 29577 | 1-2 | 2.2 mi | |
Myrtle Beach Early Childhood School
612 29th Ave N, Myrtle Beach, SC 29577 | PK-K | 2.2 mi | |
3101 N Oak St, Myrtle Beach, SC 29577 | 6-8 | 2.2 mi | |
150 Revolutionary War Way, Myrtle Beach, SC 29579 | 6-8 | 5 mi | |
905 International Dr, Myrtle Beach, SC 29579 | 6-8 | 5.6 mi | |
3302 Robert M Grissom Pkwy, Myrtle Beach, SC 29577 | 9-12 | 2.5 mi | |
Academy For Arts, Science, and Technology
895 International Dr, Myrtle Beach, SC 29579 | 9-12 | 5.5 mi | |
4900 Socastee Blvd, Myrtle Beach, SC 29588 | 9-12 | 6.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 302-306 North Ocean Blvd
Date
Details
Price
Change
Source
12/21/2023
Listed
$4,800,000
3016.88%
MLS
2/07/2022
Sold
$154,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 302-306 North Ocean Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,392
62%
$55,545
-33%
2021
$14,454
1%
$82,601
—
2020
$14,315
—
$82,601
-91%
2019
$14,315
11%
$925,750
15%
2018
$12,848
1%
$805,000
—
2017
$12,703
1%
$805,000
—
2015
$12,558
3%
$805,000
—
2014
$12,210
20%
$805,000
1295%
2013
$10,143
—
$57,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 302-306 North Ocean Blvd
302-306 North Ocean Blvd., Myrtle Beach, SC 29577 (MLS# 2325661) is a Commercial Service property. 302-306 North Ocean Blvd. is currently listed for $4,800,000 and was received on December 21, 2023. Want to learn more about 302-306 North Ocean Blvd.? Do you have questions about finding other Commercial Service real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.