Oceanfront Income Generator at Compass Cove Schooner Building Own a piece of one of Myrtle Beachs most iconic oceanfront resorts! This turnkey condotel in the Schooner Building at Compass Cove puts you right on the sand and in the heart of the action. With its unbeatable location on Ocean Boulevard, this unit is a proven favorite for vacationers looking for easy access to shopping, dining, attractions, and all the fun the Grand Strand has to offer. Ideal as a high-performing rental property, this oceanfront suite is part of a fully managed condotel programgiving you hands-off ownership while maximizing your return on investment. From marketing to housekeeping, everything is taken care of, so you can focus on the benefits. Compass Cove is one of the areas largest and most popular resorts, offering guests and owners access to a wide array of amenities including multiple indoor and outdoor pools, lazy rivers, hot tubs, and water play areas for the kids. With 20+ water features and direct beach access, its no surprise that Compass Cove maintains strong year-round rental demand. Whether youre expanding your vacation rental portfolio or looking for a beach getaway that pays for itself, this unit checks the boxes. Invest in a property that offers both lifestyle and incomeall in one sun-soaked package.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1 / 0
- Full Bathrooms: 1
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: 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: 774
- 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, Primary Antenna/Cable TV, Common Maint/Repair, Electric In Unit, Telephone Service In Unit, Internet Access, Pest Control
- Calculated Total Monthly Association Fees: 774
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: Oceanfront-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: 04
- Foundation Details: Slab
- Living Area Source: Public Records
- Property Age: 53
- Levels or Stories: Single Level
- House Style: Hi-Rise 7+ Stories
- Total Area Sqft: 435
- Year Built Details: Resale
- Elevator: Yes
Utilities
- Cable TV
- Electricity
- Sewer
- Telephone
- Underground Utilities
- Water Public
