3701 N Ocean Blvd - Hospitality FOR SALE


North Myrtle Beach, SC 29582
$2,750,000 USD
843-333-4190
3701 N Ocean Blvd, North Myrtle Beach, SC for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/33
null | Request Cap Rate

3701 N Ocean Blvd
North Myrtle Beach, SC 29582


HIGHLIGHTS

  • High-Investor & Developer Potential
  • Strong ROI Potential – Year-round tourism supports consistent occupancy and revenue
  • 1 Block from the Beach & Public Access
  • 2nd Floor Public Deck with Ocean views w/ proximity to Cherry Grove Pier
  • Located Near Top-Rated Golf Courses in the Country
  • Minutes to Myrtle Beach International Airport

OVERVIEW

Cherry Grove, located in North Myrtle Beach, SC, is a prime coastal destination known for its familyfriendly atmosphere, scenic oceanfront views, and iconic Cherry Grove Pier. This area is highly attractive for short-term rentals and hotel investors due to its strong tourism demand, year-round appeal, and proximity to restaurants, golf courses, and entertainment. With a mix of beachfront condos, vacation homes, and boutique hotels, Cherry Grove offers excellent investment potential, benefiting from a steady influx of visitors seeking a relaxed yet vibrant beach experience. Its rental market thrives on seasonal peaks, making it an ideal spot for maximizing returns.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$462 USD /SF

# OF ROOMS

14

PRICE/ROOM

$196,429 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Dolce Vita Villas

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1960

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R4

APN/PARCEL ID

35114040073

ASK ABOUT THIS PROPERTY

Adam CatesTradd CommercialMore Info
843-333-4190

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Adam CatesTradd CommercialMore Info
843-333-4190

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