Prime Oceanfront Investment at Compass Coves Schooner Building: Step into the ultimate investment opportunity with this beautiful oceanfront condotel in Compass Coves 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 poolsideal for families and visitors seeking variety and fun. The resorts 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.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Description: 1st Flr Level, Oceanfront Master Bedroom
Bathrooms
- Total Bathrooms: 1 / 0
- Full Bathrooms: 1
- Primary Bathroom Description: Tub/Shower Combo, Vanity
Interior Features
- Wind Treat. Convey
- Fire Sprinkler
- Furnished
- Furnished Description: Yes
- Flooring: Carpeting
Kitchen and Dining
- Kitchen Appliances: Refrigerator, Microwave, Solid Surface Countertops
Heating and Cooling
- Heating Features: Window/Wall Unit
Exterior and Lot Features
- Exterior Unit Features: Fencing, Patio, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Pool - In Ground
Garage and Parking
- Parking Features: Parking Deck
Home Features
Homeowners Association
- Association: Yes
- Association Fee: 674
- Association Fee Frequency: Monthly
- Association Fee Includes: Electric Common, Water and Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal and Accounting, Master Antenna/Cable TV, Common Maint/Repair, Electric In Unit, Telephone Service In Unit, Internet Access, Pest Control
- Calculated Total Monthly Association Fees: 674
School Information
- Elementary School: Myrtle Beach Elementary School
- High School: Myrtle Beach High School
- Middle School: Myrtle Beach Middle School
Condo Info
- Unit Location: Oceanview-Unit
Amenities and Community Features
- Community Features: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Cable TV, Internet Access, Lawn Maintenance, Lazy River, Pool-Indoor Community
Other Property Info
- Source Listing Status: ACTIVE
- County: Horry
- Source Property Type: CONDO/TOWNHOUSE
- Area: 16G Myrtle Beach Area--Southern
- Property Subtype: condo
- Source Neighborhood: 16G Myrtle Beach Area--Southern
- Property Location: Oceanview-Building, Inside City Limits, East Of Bus 17
- Public Survey Section: SCHOONER AT COMPASS
- Property Subtype: Condo
- Source System Name: C2C
Building and Construction
- Year Built: 1972
- Building Exterior Type: Concrete/Steel
- Entry Location: 01
- Foundation Details: Slab
- Property Age: 52
- Levels or Stories: Single Level
- House Style: Mid-Rise 4-6 Stories
- Total Area Sqft: 406
- Year Built Details: Resale
- Elevator: Yes
Utilities
- Cable TV
- Electricity
- Sewer
- Telephone
- Underground Utilities
- Water Public
