In this video, we'll check out Oceans One Resort, ranked #4 on Expedia.com for the Top 5 Oceanfront Resorts in Myrtle Beach, SC! 🌊🏖️

Located at 102 South Ocean Boulevard, Myrtle Beach, SC, 29577, this resort boasts a solid rating of 7.8/10 based on 1001 online reviews. With a range of popular amenities including 2 spa tubs, a children's pool, gym, indoor pool, lazy river, outdoor pool, and more, it's no wonder guests love their stay here!

One reviewer commented, “Really nice and spacious rooms. Loved the 2 separate balconies. Rooms are up to date.”

If you're considering investing in Oceans One Resort, here's what you need to know:

Unit Options:
Units range from 1-bedroom to 3-bedrooms, with heated square footage between 550 to 1,350. Choose between oceanview and oceanfront units to suit your preferences.

Investment Analysis:

1-Bedroom Units: Oceanfront units sold for an average price of $267,966 in 2023, with a Gross Rental Income of $34,740.79. Operating expenses for cash buyers were $19,953.80, resulting in a projected profitability of $14,786.99.
2-Bedroom Units: Oceanfront units sold for an average price of $420,069 in 2022, with a Gross Rental Income of $69,432. For cash buyers, projected profitability was $36,575.82 after expenses.
3-Bedroom Units: Oceanfront units sold for an average price of $510,000 in 2023, with a Gross Rental Income of $59,953.42. Projected profitability for cash buyers was $16,896.18.

Appreciation and Depreciation:
Over the past decade, average appreciation ranged from 46% to 100% depending on unit size, with depreciation figures provided as well.

Call Today:
Ready to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market? Call us at 843-360-1737!

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Visit our website to learn more about How to Invest in Oceanfront Condos:

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Ready to embark on your next oceanfront condo investment journey?

Contact:
Brandon Kunasek, Broker
Keller Williams Innovate South
Cana Group
843-360-1737
brandonkunasek@kw.com

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

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