North Myrtle Beach, SC 29582
- R-4Zoning
- 5,952SqFt
- 14Units
- N/ASale/Rent
- N/AWet Lands
- 0.19Acres
- MLS# 2118138
- Commercial
- HotelMotel
- Sold
- Approx Time on Market6 months,
- AreaNorth Myrtle Beach Area--Cherry Grove
- CountyHorry
- SubdivisionN/A
Overview
This is The Sweet Life. Never work a day in your life doing what you love! This is it! Live in a unit and run the hotel and let it pay you or just have a terrific investment! INCREDIBLE location in the desirable Cherry Grove Beach area close to Sea Mountain Hwy between the inlet in back of the building and the ocean right across the street! This boutique hotel with different motifs offers 14 totally remodeled units.( 4 Kings, 7 queens and 3 with 2 doubles.) Each unit has individual electric services, with coffered ceilings, ceramic tiled floors, new equipped (full size appliances) kitchens with granite countertops, beautiful bathrooms (all with their own shut offs), split systems in each for heating and cooling. 2 Sets of washer/dryers for onsite cleaning. Each unit has a water sprinkler system for fire safety. Gaze from the sundeck and watch the ocean! Or kick back on a raft in the pool. Each unit could sleep 1-6 guests, this is a turnkey business. Ranked #1 on Trip Advisor out of 73 hotels in the city of North Myrtle Beach. There is an office onsite. Public Beach access is right across the street - so convenient! 1 Block from Cherry Grove Fishing Pier, close to grocery, hardware stores. Bike, golf cart, kayak and paddleboard rentals are right down the street. This is a spotless pet friendly hotel which serves the business very well. Current business model has been running on a 8.5 month fiscal period so staff can break. Business could run all year - many options. Make this little slice of paradise your own!
Sale Info
Listing Date: 08-16-2021
Sold Date: 02-17-2022
Aprox Days on Market: 
6 month(s), 0 day(s)
Listing Sold: 
2 Year(s), 2 month(s), 19 day(s) ago
Asking Price: $2,300,000
Selling Price: $2,050,000
Price Difference:
Reduced By $250,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
New Construction: No
Num Stories: 2
Levels: Two
Mobile Home Remains: ,No,
Zoning: R-4
Building Features: Office, PoleSign
Construction Materials: Concrete, Stucco, Steel
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Business Name: La Dolce Vita Villas
Garage / Parking
Parking Capacity: 15
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Furnished: Unfurnished
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.19
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 14
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Security Features: SecuritySystem
Rent Control: No
Room Info
Basement: ,No,
Sold Info
Sold Date: 2022-02-17T00:00:00
Sqft Info
Sqft: 5952
Tax Info
Unit Info
Utilities / Hvac
Cooling: WallWindowUnits
Electric On Property: No
Cooling: Yes
Sewer: PublicSewer
Heating: No
Waterfront / Water
Waterfront: No
Directions
Sea Mountain Hwy L on N Ocean Blvd L onto 37thCourtesy of Realty One Group Docksidenorth - Cell: 412-999-9377