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Listing ID #: 12141 Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach

  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
  • Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.

Advertiser Info

 User:  Loganairport

Member Since: Apr 2018


Page Views

For This Ad:   35

Ad Info

  • Date Posted:
  • May 25, 2018
  • Purchase Price:
  • $12,750,000
  • Property Type:
  • Full Service

    Property Address:

  • Street:
  • 703 South Ocean Blvd
  • City:
  • Myrtle Beach
  • State:
  • South Carolina
  • Zip Code:
  • 29577
  • County:
  • Horry

    Contact Info:

  • Contact Name:
  • April Logan-Director of Marketing
  • Phone:
  • (843) 626-3400
Additional Details
  • Brokerage Firm:
  • Listing Type:
  • Land/Lot Size:
  • Keystone Commercial Realty
  • Privately Owned
  • South Carolina


Property Description


Atlantic Palms Oceanfront Resort-Hotel For Sale-Myrtle Beach, SC.
Offered FOR SALE is the 3 Palms Oceanfront Resort. The 3 Palms, consists of 129 Rental Units and, is located in the Yaupon Circle Section of Myrtle Beach situated on the Oceanfront between 7th & 8th Avenues South. Each Rental Unit has its own Tax Map Parcel in preparation for a Conversion to a Condominium Regime. The property is in close proximity to Family Kingdom Amusement Park, Restaurants, Fishing Piers, Market Commons, Retail Shopping, and Entertainment Venues. The Hotel is comprised of one 8 story building with both interior and exterior corridor floors. There is a combination of on-site and off-site parking.

NEIGHBORHOOD: Considered one of the nation's top vacation destinations Myrtle Beach hosts nearly 16 million visitors each year and offers an increasing number of attractions, live-music theaters, shopping centers, and more than 120 golf courses.

REAL ESTATE: This assemblage is comprised of One (1) Oceanfront Lot with a Total Land Mass of approximately 25,350 SF and, Five (05) Second and Third Row Lots with a total land mass of approximately 57,735 SF.

FUTURE CONVERSION: This Property has been Legally Subdivided to accommodate a Conversion to Condominiums or Timeshare in the future. Each Individual Rental Unit has been assigned an individual TMS and PIN number.

8 Story Building- Approximately 94,500 Square Feet
129 Guest Rooms in Current Configuration
Corridors: (6) Interior - (2) Exterior
Offices: (2) On main floor
Lobby/Check In: Main Lobby with Concierge Service
Outdoor Pool
Heated Outdoor Pool
Whirlpool
Lazy River
Exercise Room
Restaurant
2 Bars
Poolside Cabana
Commercial Laundry Facility
Guest Laundry
136 Parking Spaces
16 Garage parking Spaces
Parking Lots-5 Second and Third Row Lots
2 Elevators
HVAC / Guest Rooms:
HVAC / Common-Collectively 34 Tons of Split Systems
Safety / Security-Fire Electronically Monitored
Sprinkler System
Backup Generator

Tag: Hotel for Sale, Resort for Sale, Real Estate for Sale, Commercial Real Estate, Commercial Property, Commercial Building, Retail Space, Commercial Space, Property, Commercial Property, Myrtle Beach Commercial Real Estate