Condominium at 2701 S Ocean Blvd., North Myrtle Beach
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$199,000

2701 S Ocean Blvd.
North Myrtle Beach, SC 29582
Listed by Redfin Corporation
Bedrooms
N/A
Bathrooms
1
Living area
326 sqft
Year built
2001

About this home

High-Yield Investment Opportunity | 11th Floor Turnkey Condo at Bay Watch Resort Secure a high-performing income-producing asset with Unit 1101 at the iconic Bay Watch Resort. This elevated 11th-floor oceanfront retreat is a turnkey Short-Term Rental (STR) powerhouse, perfectly positioned to capture the booming North Myrtle Beach vacation rental market. Designed for maximum Return on Investment (ROI), this unit combines a "high-floor premium" view with the institutional-grade amenities that drive year-round occupancy rates. Strategic Investor & Resort Buyer Analytics: Proven Rental Floor Plan: This spacious efficiency is engineered for passive income, offering a low-overhead, high-yield configuration that appeals to the Grand Strand's massive "weekend getaway" and "couples retreat" segments. 11th Floor Premium: The elevated 11th-floor positioning ensures breathtaking, unobstructed Atlantic sunrises—a key search filter for guests that commands a higher Average Daily Rate (ADR). 1031 Exchange Ready: Sold fully furnished and "rental-ready," this asset is an ideal candidate for a seamless 1031 Tax-Deferred Exchange or portfolio diversification. Amenity-Driven Demand: Bay Watch Resort’s massive infrastructure—including a fitness center, 18+ water features (indoor/outdoor pools, lazy river, hot tubs), arcade, beachside bar, and on-site oceanfront dining—minimizes vacancy risk by ensuring guest satisfaction in any season. The Ultimate Coastal Lifestyle Asset: Prime "Front Row" Location: Steps from the sand and minutes from world-class Grand Strand golf, premium shopping, and the famous Main Street North Myrtle Beach entertainment district. Resort-Style Infrastructure: Professional on-site management and a full suite of recreational facilities make this a "hands-off" vacation home investment. Investor Note: Units at Bay Watch Resort are highly sought after for their capital appreciation potential and robust cash-on-cash return. Whether you are expanding your rental portfolio or seeking a low-maintenance secondary home, Unit 1101 delivers the ultimate blend of coastal charm and financial performance.

Highlights

View

Property details

MLS #
2602408
Property type
Condominium
Subdivision
Bay Watch PH I - North Tower
Status
Active
Days on market
104
On market date
January 27, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Ocean Drive Elementary
3.4 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Good (2025)
Enrollment
801
Student:teacher ratio
16.0:1
District
Horry 01
Middle
North Myrtle Beach Middle
3.89 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Good (2025)
Enrollment
1,256
Student:teacher ratio
17.4:1
District
Horry 01
High
North Myrtle Beach High
4.91 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.1
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: Excellent (2025)
Enrollment
1,657
Student:teacher ratio
19.5:1
District
Horry 01

Walkability

Blended score for North Myrtle Beach's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

64
Walkable
out of 100
EPA National Walkability Index
11.3 / 20 -- Above average walkable
Nearby-amenity density
75 / 100
Restaurants & cafes20
Grocery stores5
Parks2
Schools1
Transit stops0
Pharmacies6

Market position

How this listing compares to current activity in North Myrtle Beach, from live MLS data.

On the market 104 days -- 12 fewer days than North Myrtle Beach's current average of 116 days.
For reference, the median list price across 1,505 active listings in North Myrtle Beach right now is $372,900.

Mortgage calculator

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Est. monthly payment
$1,348/mo
$39,800 down
$159,200 loan
Principal & interest$1,033
Property tax (est.)$166
Home insurance (est.)$150

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Data source: Listing information provided by Coastal Carolinas Association of REALTORS® (CCAR) via Trestle/CoreLogic. Last updated May 11, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.