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1304 N Ocean Blvd, Myrtle Beach, South Carolina 29577

2150

Bedrooms

Utilities Included

Yes

Bathrooms

Furnished

Yes

Available to Lease on

ASAP

Property Type

Apartment

SQFT

750

Talk to STR Exchange

Key metrics

Rent

2150

Monthly Estimated Profit^?

4,500

Annual Estimated Profit^?

54,000

Acquisition Fee

3500

Security Deposit

700

Average Daily Rate

341

Occupancy

66%

Annual Revenue

83000

Key Features

Property Description:

80 Oceanfront, Airbnb-Approved, Fully Furnished & Unfurnished Units in Myrtle Beach, SC – A Prime STR Investment Opportunity

Located in the heart of Myrtle Beach at 1304 N Ocean Blvd, this resort offers turnkey, fully furnished and unfurnished oceanfront studios, 1-bedroom, and 2-bedroom units with full kitchens, onsite laundry, and breathtaking views. Positioned at the 14th Avenue Pier entrance to the 1.2-mile-long Boardwalk, this property is less than a 5-minute walk from the Myrtle Beach Boardwalk and 1 mile (approximately 5 minutes) from downtown Myrtle Beach.

Enjoy pristine beaches, endless entertainment, and an unbeatable oceanfront location, making this an incredible short-term rental investment opportunity with high income potential.

Property Highlights

All units are oceanfront or offer stunning Atlantic views
Layouts: Studios, 1-bedroom, and 2-bedroom units
Fully furnished & turnkey options available – Ready for STR operators
Prime location – Less than a 5-minute walk from the Boardwalk & 1 mile from downtown Myrtle Beach

Monthly Rental Rates

Unfurnished Units

Efficiency Unit (407 sqft): $1,800
1-Bedroom Efficiency (395 sqft): $1,750
1-Bedroom (610 sqft, Street Side Bedroom): $1,950
1-Bedroom (610 sqft, Oceanfront Bedroom): $2,000
2-Bedroom, 2-Bath (812 sqft): $2,250

Furnished Units

Efficiency Unit (407 sqft): $2,000
1-Bedroom Efficiency (395 sqft): $1,950
1-Bedroom (610 sqft, Street Side Bedroom): $2,250
1-Bedroom (610 sqft, Oceanfront Bedroom): $2,300
2-Bedroom, 2-Bath (812 sqft): $2,600

Estimated Annual Revenue & Profit

2-Bedroom, 2-Bath: $83,000+ | Monthly Profit: $4,500+
1-Bedroom, 1-Bath: $66,600+ | Monthly Profit: $3,733+

Resort Amenities

Two outdoor pools & one indoor pool
Whirlpools & shuffleboard
Outdoor grill & picnic areas
Retail shops & onsite ATMs
Smoke-free property
Onsite laundry facilities
Wireless internet & cable TV
Ice & vending machines

Rental Terms & Fees

Security Deposit: 3 months' rent (e.g., $1,900 x 3 = $5,700)
Deposit required to hold unit(s) during pre-leasing
Estimated availability: May/June (could be sooner)
Lease Term: 1 year+
Utilities: Included in rent

‍

STR Regulations Summary:

Status:

Mixed

View Regulations Here

Short-term rentals (STRs) in Myrtle Beach, South Carolina, are subject to strict regulations, especially for non-owner occupied properties. Here are the key points regarding STR regulations for non-owner occupied properties in Myrtle Beach:

Zoning restrictions: Most traditional residential neighborhoods in Myrtle Beach are not zoned for short-term rentals3. STRs are primarily allowed in the Resort Mixed Use (RMV) zone and other specific areas2 3.
Rental duration: Short-term rentals are defined as stays of less than 90 days2 3.
Business license: Property owners must obtain a business license to operate a short-term rental3.
Permits: Non-owner occupied STRs require a permit, which costs $250 per year, plus a $50 annual application fee7.
Taxes: Short-term rentals are subject to a combined 13% tax, including 7% state sales tax and 6% local accommodations tax1.
Enforcement: Myrtle Beach strictly enforces its STR regulations. Violations can result in fines of up to $500 and/or 30 days upon conviction3.
Grandfathered properties: Fewer than 30 houses in traditional residential zones are grandfathered for short-term rentals, having been consistently used for that purpose since before the existing zoning3.

It's crucial for non-owner occupied STR operators to ensure their property is in a zone that allows short-term rentals and to comply with all licensing, permitting, and tax requirements to avoid potential legal issues and fines.