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.
Exterior Features
Style HighRise
Construction Condo
Siding Concrete, Steel
Exterior Elevator, Fence, Other, Pool, Patio
Garage No
Garage Description Deck
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 44502010121
Zoning MU-H
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.