Price: $42,400,000.00 Flexibility: Negotiable Additional Pricing Information: Additional Pricing Information: ALL SERIOUS OFFERS CONSIDERED. Developer Closeout Excellent Investment Property with Excellent Ongoing Rental Income.
Near Airport & New $400 million Hard Rock Theme Park. Homeowner Dues: $414 Monthly-Tides and Driftwood Coral Beach varies per plan Close
This offer includes 3 resort properties - The Coral Beach, Tides & Driftwood Resorts Coral Beach Resort 90 Oceanfront Condos( Excellent Investment & Rental Property ) The Travel Channel named Coral Beach Resort in Myrtle Beach, South Carolina the "Best Family Accommodations on the Grand Strand". Guests never have to leave the building to have a blast!! 10 swimming pools ( indoor & outdoor ) Lazy river Hot Tubs On-site Bowling Alley Fitness Center Pool Bar & Grill General Store Market Place featuring various food venues MacDivot's Sports Pub Comedy Club and more Beautifully designed Lobby with concierge service. Average Yearly Rental per unit $30,000 +
Tides & Driftwood Resorts 103 Oceanfront Condos ( Excellent Investment & Rental Property ) These condos are available to become Timeshare properties and have been deeded as such. Beautifully designed Lobby with concierge service. Buyer to receive Gross Rental and may opt for developers management program or not. Past rental for The Tides and The Driftwood have averaged approximately $18,000-$20,000 per year gross. There is a 45% management fee if the developer manages within their comprehensive rental program.
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