$4,200,000

About this home

Introducing Palms By The Beach, a rare opportunity to own a fully renovated 36-room hospitality property in one of the most sought-after locations along the Grand Strand. Ideally positioned directly on South Ocean Boulevard with beach access and beautiful ocean views, this turnkey hospitality property offers exceptional potential and long-term investment value. Completely renovated in 2022, the property has undergone a comprehensive top-to-bottom transformation. Improvements include all-new electrical and plumbing systems, a new roof, new HVAC units, new flooring, new bathrooms, new vanities, new fixtures, new doors, fresh interior and exterior paint, and numerous additional upgrades. The property features a total of 36 units including one-bedroom suites and efficiency units, along with a lobby, a large outdoor swimming pool, an inviting sun deck, and ample on-site parking to accommodate guests. Located in the heart of Myrtle Beach, this premier property is just minutes from the Myrtle Beach Boardwalk, Market Common, championship golf courses, shopping, dining, and countless entertainment attractions. Its prime location, exceptional visibility, and tourist demand create an outstanding opportunity. Whether you're looking to expand your hospitality portfolio or secure a premier asset in one of South Carolina's most visited destinations, Palms By The Beach represents a truly unique opportunity.

Property details

MLS #

2616999

Property type

HotelMotel

Subdivision

—

Status

Active

Days on market

3

On market date

July 3, 2026

Stories

3

Garage spaces

—

Lot size

0.34 acres

Listed by

Realty ONE Group Dockside