Invest in a high-performing vacation rental property with this oceanfront 1-bedroom, 1-bathroom condo in the heart of Myrtle Beach. This turnkey investment offers an unbeatable combination of location, consistent rental income, and recent upgrades, making it the perfect opportunity for investors looking to expand their portfolio.
Why Invest in This Property?
Prime Oceanfront Location: Enjoy panoramic views of the Atlantic Ocean from your private balcony. This condo is situated directly on the beach, just minutes from Myrtle Beach's best golf courses, restaurants, shopping, and entertainment. The prime location ensures strong demand from vacationers year-round.
Proven Rental Income: This condo has generated approximately $30,000 in annual income through short-term vacation rentals, with a history of high occupancy rates and guest satisfaction. With its oceanfront location and beach-themed appeal, this unit is positioned for continued success in the highly competitive Myrtle Beach rental market.
Disclaimer: Past performance is not indicative of future results. Figures are based on historical performance and future earnings may vary.
Recent Upgrades: This unit has been thoughtfully cared for to keep it in good rental condition, ensuring a comfortable stay for guests. Recent replacements include:
Oven, stove, and dishwasher (replaced in the last 1-2 years)
Air conditioning unit (replaced in the last 2 years)
Popcorn ceiling removal (in the last year)
Minor touch-ups throughout the entire condo (in the last year)
These upgrades provide peace of mind for the next owner, reducing the need for maintenance and enhancing the guest experience.
Fully Turnkey & Low Maintenance: The property comes fully furnished and ready to rent, complete with everything needed to host guests. In addition to the oceanfront location, the building offers heated indoor and outdoor pools, hot tubs, on-site security, a communal laundry room, and secure parking—all of which contribute to a seamless, low-maintenance ownership experience.
High Demand Market: Myrtle Beach attracts millions of visitors annually, and this condo is perfectly positioned to capitalize on that demand. With its prime location and sought-after amenities, it remains a favorite choice for small families and vacationers looking for an unforgettable beach getaway.
Additional Investment Opportunity: This is just one of four oceanfront units available for sale in the same building, offering an exceptional opportunity to acquire multiple income-generating properties in one of the most desirable locations on the Grand Strand. Scale your investment effortlessly and increase your returns.
Professional Property Management Option Available: The current owners are highly rated / experienced in managing this unit and are willing to continue managing the property for the new owner, ensuring a seamless transition and continued strong performance. For just 15% of gross revenue, the owners can handle all aspects of the rental management, including booking, guest communication, cleaning coordination, and maintaining the high standards that have contributed to the condo’s consistent rental success. This management option provides peace of mind and allows the new owner to enjoy passive income while maintaining the property’s proven rental history.
This is a rare chance to own a fully upgraded, turnkey condo in one of Myrtle Beach’s highest-demand locations. With proven rental income, recent upgrades, and low-maintenance ownership, this property is an ideal investment for anyone looking to capitalize on the thriving vacation rental market.
Contact us today for more details or to schedule a tour of this amazing investment opportunity!
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