5400 N Ocean Blvd. UNIT Cherry Tree Inn, Myrtle Beach |
$860,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Myrtle Beach, SC 29577
- TA-80Zoning
- N/ASqFt
- 57Units
- N/ASale/Rent
- N/AWet Lands
- 0.00Acres
- MLS# 921972
- Commercial
- HotelMotel
- Sold
- Approx Time on Market2 years, 7 months, 24 days
- AreaMyrtle Beach Area--48th Ave N To 79th Ave N
- CountyHorry
- Subdivision N/A
Overview
This is a unique oceanfront property with a terrific panorama view of the coast. This listing is for the sale of 2/3 ownership in this property. Square footage is approximate and not guaranteed. Buyer is responsible for verification.
Sale Info
Listing Date: 11-03-2009
Sold Date: 06-28-2012
Aprox Days on Market:
2 Year(s), 7 month(s), 24 day(s)
Listing Sold:
14 Year(s), 22 day(s) ago
Asking Price: $2,300,000
Selling Price: $662,154
Price Difference:
Reduced By $197,846
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
New Construction: No
Mobile Home Remains: ,No,
Zoning: TA-80
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Business Name: Cherry Tree Inn
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.00
Lot Size: 1 acre
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 57
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Rent Control: No
Number of Buildings: 1
Room Info
Basement: ,No,
Sold Info
Sold Date: 2012-06-28T00:00:00
Sqft Info
Tax Info
Tax Legal Description: Cherry Tree Inn
Unit Info
Unit: Cherry Tree Inn
Utilities / Hvac
Cooling: WallWindowUnits
Electric On Property: No
Cooling: Yes
Sewer: PublicSewer
Heating: No
Waterfront / Water
Waterfront: No
Courtesy of Cb Seacoastadvantagecommercial - Main Line: 843-650-0998
Featured Lender
With 9 years of lending experience, Korbin has established himself as one of the nation’s top mortgage professionals. Recognized in the Top 1% of Lenders in the Country consecutively from 2020 through 2025, Korbin has proudly helped more than 2,500 families achieve homeownership, funding over $500 million in mortgage volume throughout his career.
Born and raised in the Grand Strand, Korbin brings a deep understanding of the local market while serving clients across multiple states. He is licensed in South Carolina, North Carolina, Florida, and Virginia, giving him the ability to support families with their home financing needs across the Southeast.
As an investor in real estate himself, Korbin is well-versed in real estate investing, which allows him to better relate to his clients’ financial goals and long-term wealth strategies. His reputation has been built on expertise, transparency, and a true commitment to guiding clients every step of the way. Whether you’re a first-time homebuyer, relocating, or investing, he takes pride in tailoring solutions that fit each family’s unique goals.
MLS# 2427065 
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