Spectacular Oceanfront Investment Opportunity at Compass Cove’s Schooner Building: Discover a unique blend of vacation enjoyment and smart investment with this second-floor oceanfront condotel at Compass Cove’s renowned Schooner Building. Ideally positioned on Myrtle Beach’s Ocean Boulevard, this unit captures the essence of coastal living while providing easy access to the area’s best dining, shopping, and entertainment—making it a top choice for renters seeking a memorable stay. Compass Cove Resort is beloved for its many amenities and welcoming atmosphere, featuring over 530 fully furnished condos and an impressive selection of twenty-three water attractions, including six indoor and outdoor pools, three lazy rivers, seven hot tubs, and a variety of kiddie pools. Families, couples, and friends alike flock to Compass Cove for the endless options, relaxing setting, and convenience of oceanfront accommodations. This unit offers the added benefit of a dedicated management team that ensures your investment remains low-maintenance, handling all rental operations, guest services, and upkeep. With high rental demand thanks to Compass Cove’s location and amenities, this condotel is not only a great addition to an investment portfolio but also a personal getaway that’s always ready for you. Enjoy the coastal lifestyle while benefiting from a steady income stream—an ideal choice for any real estate investor!
Exterior Features
Style HighRise
Construction Condo
Siding Concrete, Steel
Exterior Balcony, Elevator, Fence, Pool
Garage No
Water Public
Lot Description CityLot
Interior Features
Appliances Microwave, Refrigerator
Cooling WallWindowUnits
Year Built 1972
Neighborhood & Schools
Subdivision SCHOONER AT COMPASS COVE - MB SOUTH
Elementary School Myrtle Beach Elementary School
Middle School Myrtle Beach Middle School
High School Myrtle Beach High School
Financial Information
Parcel ID 44502010182
Zoning MU-H
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.