2311 S Ocean Blvd. Unit 139
Myrtle Beach, SC 29577
- 1 bed
- 1 bath
- 349 sqft
- $329 per sqft
- 1972 build
- – on site
Prime Oceanfront Investment at Compass Cove’s Schooner Building: Step into the ultimate investment opportunity with this beautiful oceanfront condotel in Compass Cove’s Schooner Building, a staple of Myrtle Beach that has captivated vacationers for generations. This sought-after unit offers a prime location near the vibrant heart of Myrtle Beach, known for its dining, shopping, and entertainment options, making it an attractive rental with excellent income potential. Compass Cove Resort boasts over 530 spacious condos, known for their comfort and coastal style, complemented by twenty-three exciting water features that include six indoor and outdoor pools, three lazy rivers, seven hot tubs, and several kiddie pools—ideal for families and visitors seeking variety and fun. The resort’s incredible lineup of amenities and prime location on Ocean Boulevard contribute to high rental demand, creating a fantastic opportunity for revenue. As a fully managed condotel, this property offers owners the best of both worlds: personal enjoyment without the worry of upkeep, with a professional team handling all aspects of bookings, guest care, and maintenance. Invest in Compass Cove, and enjoy a rewarding property that delivers a vacation experience and reliable income, season after season.
Last checked:
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Last updated Feb 5, 2025
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MLS# 2426238 —
The Building
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Year Built:1972
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Architectural Style:HighRise
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Construction Materials:Concrete,Steel
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Foundation Details:Slab
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Levels:One
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Entry Level:1
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Exterior Features:Elevator,Fence,Other,Pool,Patio
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Patio And Porch Features:Patio
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Security Features:FireSprinklerSystem,SecurityService
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Building Area Total:406.0
Interior
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Interior Features:Furnished,WindowTreatments,HighSpeedInternet,SolidSurfaceCounters
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Furnished:Furnished
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Flooring:Carpet
Room Dimensions
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Living Area:349.0
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Living Area Source:Other
Financial & Terms
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Listing Terms:Cash
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Lease Considered:false
Location
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Latitude:33.66634301
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Longitude:-78.90919471
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Subtype Additional:Condominium
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Property Condition:Resale
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Lot Features:CityLot
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Parcel Number:44502010121
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Zoning:MU-H
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View:Ocean
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View:true
Listing Agent
- Contact info:
- Agent phone:
- (843) 798-7862
- Office phone:
- (843) 650-0998
Beds
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Bedrooms Total:1
Baths
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Full Baths:1
The Listing
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Possession:Closing
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Virtual Tour URL Branded:https://tour.corelistingmachine.com/tour/titan/?id=8695081&_seoAddress=2311-S-Ocean-Blvd.-Myrtle-Beach-SC-2426238&
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Virtual Tour URL Unbranded:https://www.corelistingmachine.com/tour/titan/?id=8695081&version=unbranded&
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Home Warranty:false
Heating & Cooling
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable,ElectricityAvailable,PhoneAvailable,SewerAvailable,UndergroundUtilities,WaterAvailable,HighSpeedInternetAvailable
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Water Source:Public
Appliances
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Appliances:Microwave,Refrigerator
Schools
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Elementary School:Myrtle Beach Elementary School
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Middle Or Junior School:Myrtle Beach Middle School
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High School:Myrtle Beach High School
The Community
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Subdivision Name:SCHOONER AT COMPASS COVE - MB SOUTH
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Community Features:CableTv,InternetAccess,Pool,ShortTermRentalAllowed
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Association:true
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Association Amenities:Pool,PetRestrictions,Security,CableTv,Elevators,MaintenanceGrounds
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Association Fee Includes:AssociationManagement,CommonAreas,Electricity,Insurance,Internet,LegalAccounting,MaintenanceGrounds,PestControl,Phone,Pools,RecreationFacilities,Sewer,Security,Trash,Water
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Association Fee Frequency:Monthly
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Association Fee:774.0
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Pool Private:true
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Pool Features:Community,Indoor,InGround,OutdoorPool,Private
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Pets Allowed:OwnerOnly,Yes
Parking
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Parking Features:Deck
Monthly cost estimate
Asking price
$115,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$615
|
| Taxes | N/A |
| Insurance | $31 |
| HOA fees | $774 |
| Utilities | $86 See report |
| Total | $1,506/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/14/24
Nov 14, 2024
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Listed / Active | CCAR | $115,000 |
