Link Copied
Listed price in listed location currency (USD).
$5,490,000

000

MLS® 2529911

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size 22092 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 
Avg. Price Per Sqft $248
MLS® Number 2529911

Property Address: 507 Ocean Blvd. N, Myrtle Beach, SC, 29577

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 5th & Ocean, a newly renovated 63-room hotel located at 507-509 N. Ocean Blvd in Myrtle Beach, SC 29577. Situated directly across from the pristine beaches of the Atlantic Ocean and just a short stroll from the iconic SkyWheel, the hotel offers guests modern accommodations with convenient access to the best attractions and dining that Myrtle Beach has to offer. Comprehensive Renovation: In 2023-2024, 5th & Ocean underwent a complete transformation. All electrical wiring, plumbing, and HVAC systems were replaced. The property boasts a new roof, flooring, bathrooms, furniture, blinds, appliances, and TVs, ensuring a comfortable and contemporary stay for all guests. Each room features a sleek design with custom showers and updated décor, reflecting a blend of comfort and style. Guests can enjoy our refreshed pool area, on-site commercial laundry facilities, ample parking, and a welcoming lobby designed for relaxation and convenience. Walking distance attractions: Myrtle Beach SkyWheel: A short walk from the hotel, this 187-foot Ferris wheel offers panoramic views of the coastline, making it a must-visit landmark. Myrtle Beach Boardwalk: Stretching 1.2 miles along the oceanfront, the boardwalk is lined with shops, arcades, and entertainment venues, providing fun for all ages. Ripley's Believe It or Not!: Explore oddities and interactive exhibits at this family-friendly attraction located nearby. Nearby dining options: RipTydz Oceanfront Grille & Rooftop Bar: Just a short distance from the hotel, RipTydz offers fresh seafood, prime steaks, and local favorites in a vibrant oceanfront setting. Land Shark Bar & Grill: Located at 1110 N. Ocean Blvd, this eatery provides a laid-back atmosphere with a menu featuring American classics and seafood specialties. Sea Captain's House: A local favorite, this restaurant serves up coastal dishes like she-crab soup and lobster bisque in a charming oceanfront cottage setting. Myrtle Beach is renowned for its 60-mile stretch of sandy beaches, offering activities such as sunbathing, surfing, and beachcombing. Beyond the shoreline, visitors can enjoy a variety of attractions, including world-class golf courses, shopping at local boutiques, and entertainment venues like the Carolina Opry and Broadway at the Beach. The area also hosts numerous festivals and events throughout the year, celebrating everything from seafood to music, ensuring there's always something happening in this vibrant coastal city. At 5th & Ocean, you will provide your guests with a comfortable and memorable stay, placing them at the heart of all that Myrtle Beach has to offer. Financials are available to qualified buyers upon request.
MLS® Number2529911
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 23, 2025List Date
$5,490,000List Price
  • Commute

Commute

Starting Address
Destination Address
507 Ocean Blvd. N, Myrtle Beach, SC

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties