Property listing for 305B N Ocean Blvd, Myrtle Beach, SC 29577
For SaleSingle Family Home

$1,689,000

305B N Ocean Blvd, Myrtle Beach, SC 29577

Bermudan-Inspired New Construction with Ocean Views & Private Pool

5 Bed · 4.5 Bath · 2,816 Sq Ft

5BR/4.5BA three-story coastal residence steps from the Boardwalk

5

Beds

4.5

Baths

2,816

Sq Ft

2026

Built

0.1 acres

Lot

2-car attached

Garage

About 305B N Ocean Blvd

White stucco facades and broad verandas announce a distinctive Bermudan-inspired silhouette on N Ocean Blvd. This newly constructed, three-story home (2026) delivers 2,816 square feet of thoughtfully arranged living space with ocean views from the upper levels and a private outdoor pool that turns the rear yard into a year-round resort. The thoughtfully scaled footprint fits a .1-acre lot but feels expansive thanks to vertical planning and generous covered porches.

Inside, five bedrooms and 4.5 baths are arranged to support both full-time coastal living and short-term rental flexibility. A dedicated media/game room provides a second-tier entertainment zone away from the principal living areas, while open circulation makes hosting easy. Systems are modern—central AC and electric heat—complemented by a two-car attached garage and driveway parking for additional vehicles.

Details that matter on the coast: stucco construction designed for island character, three finished stories to maximize ocean vantage points, and private pool amenities that differentiate this home in a market crowded with condos. The property is vacant and move-in ready, offering immediate occupancy or immediate placement into a short-term rental program (zoning: Mixed Use High-Density, permitting short-term rentals).

Location is a defining feature. Positioned along N Ocean Blvd, this home places you a short walk from the Myrtle Beach Boardwalk (≈0.5 mile), SkyWheel (≈0.6 mile) and the convention and entertainment corridors that drive year-round occupancy and visitor demand. For buyers seeking a lifestyle investment—primary residence or income property—this address combines modern construction, striking curb presence and a footprint optimized for coastal living.

Prior to offer, buyers should confirm lot dimensions, permits, flood insurance requirements and conduct a full inspection. With new construction quality and premium coastal amenities, 305B N Ocean Blvd stands out as a rare, contemporary single-family option within walking distance of Myrtle Beach’s main attractions.

Home Highlights

New construction (2026) — vacant and move-in readyPrivate outdoor pool and entertainer's verandasOcean views from upper levelsDedicated media/game roomShort-term rental eligible (MUH zoning)2-car attached garage

Property Features

Interior Features

  • 5 bedrooms, 4.5 bathrooms
  • Private media / game room
  • Three finished stories
  • Central air conditioning
  • Electric heating

Exterior & Lot

  • White stucco Bermudan-inspired exterior
  • Private outdoor pool
  • 0.1-acre level lot
  • Frontage on N Ocean Blvd
  • 2-car attached garage with driveway parking

Location & Neighborhood

  • Downtown Myrtle Beach address
  • 0.5 mi to Myrtle Beach Boardwalk
  • 0.6 mi to SkyWheel Myrtle Beach
  • 1.2 mi to Myrtle Beach Convention Center
  • 1.5 mi to Broadway at the Beach

Walkability & Recreation

  • Walkability Rating: 82/100 — Very Walkable
  • Immediate access to the beach and boardwalk
  • SkyWheel and waterfront attractions under 1 mile
  • Multiple dining and entertainment options within walking distance
  • Running/walking paths along the oceanfront and nearby parks

Neighborhood & Location

Downtown Myrtle Beach is lively and visitor-oriented, where oceanfront promenades meet restaurants, arcades and seasonal festivals. Residents benefit from quick access to the Boardwalk, SkyWheel, live entertainment, and a wide variety of coastal dining options. The area supports both full-time households and short-term rental operations, offering a blended lifestyle of beachfront recreation by day and vibrant nightlife within a short stroll. Golf courses and neighborhood parks are minutes away by car, while conveniences and visitor amenities are within a compact walk.

Market Insights

This segment of Downtown Myrtle Beach is currently favoring buyers: inventory sits around six months and average days on market near 120, per recent MLS reports. Median sale price for the broader area is roughly $525,000, but ocean-view new construction commands a substantial premium—comparable sales and broker valuation place this style of home in the $1.6M–$1.7M range. Luxury single-family properties here typically see longer time to sell than entry-level homes, reflecting a deeper buyer pool and seasonal demand swings.

That said, short-term rental demand and proximity to major attractions (Boardwalk, SkyWheel, Broadway at the Beach) bolster income potential; rental comps indicate monthly rates in the $7K–$8K range and a gross rental yield near 5.8% for similar ocean-view luxury units. For buyers, this is an opportunity to lock into new construction product in a market where premium inventory is limited—pricing aligns with recent comps but expect a measured selling cycle. Important considerations include coastal insurance and assessed land values; work with your agent to confirm taxes, insurance costs, and any deed or permitting items prior to closing.

Nearby Schools

Myrtle Beach Elementary School

Elementary · Within 2.5 mi

6/10

Myrtle Beach Middle School

Middle · Within 2.5 mi

7/10

Myrtle Beach High School

High · Within 2.5 mi

5/10

Walkability & Recreation

82
Walkability
92
Recreation

Exceptional coastal recreation: immediate beach and boardwalk access, SkyWheel and oceanfront attractions within a mile, multiple nearby parks and golf courses a short drive away.

Investment Highlights

  • Newly constructed in 2026 with modern luxury amenities
  • Prime location with ocean views and proximity to Myrtle Beach attractions
  • Private outdoor pool and media/game room for entertainment
  • Eligible for short-term rentals, offering potential income opportunities
  • Projected population growth of 21.12% within 1-mile radius by 2029

Key Findings

  • Listing price of $1,689,000 aligns with estimated market value
  • Located in Mixed Use High-Density (MUH) zoning district, allowing residential and commercial uses
  • Owner of record is MIG Investments of MB SPE LLC
  • Assessed land value of $3,600,000 as of 2025
  • Adjacent to Myrtle Beach Boardwalk and other major attractions

Things to Consider

  • Buyer's market conditions may result in longer time on market
  • Potential for higher property taxes due to assessed land value
  • Proximity to commercial areas may lead to increased noise levels
  • Flood risk considerations due to coastal location

Opportunity Analysis

Luxury ocean-view property in prime Myrtle Beach location with modern amenities and short-term rental potential. New construction offers reduced maintenance concerns.

Potential Use Scenarios

  • Utilize as a primary residence with resort-style living
  • Leverage short-term rental market for income generation
  • Hold as a long-term investment in a growing market

Risk Factors

  • Market conditions favor buyers, potentially extending time to sale
  • High property taxes due to assessed land value
  • Coastal location may require additional insurance considerations

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$1600K

Midpoint

$1650K

High

$1700K

$586/SF estimated price per square foot

85% confidence

Sales comparison approach using recent sales of similar ocean-view properties in Myrtle Beach. Adjusted for new construction premium and luxury amenities.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$525,000
Avg Days on Market120 days
Inventory6 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)4,404
Median Income (1 mi)$31,264

Projected population growth of 21.12% from 2024 to 2029 within 1-mile radius.

Nearby Points of Interest

  • Myrtle Beach Boardwalk (0.5 mi)
  • SkyWheel Myrtle Beach (0.6 mi)
  • Myrtle Beach Convention Center (1.2 mi)
  • Broadway at the Beach (1.5 mi)

Located in the heart of Myrtle Beach with immediate access to beaches, dining, entertainment, and shopping.

School District

DistrictHorry County Schools
ElementaryMyrtle Beach Elementary School (6/10)
MiddleMyrtle Beach Middle School (7/10)
HighMyrtle Beach High School (5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2026
Constructionstucco
Stories3
Roofunknown
Heatingelectric
Coolingcentral AC
Basementnone
FireplaceNo
Conditionnew

Lot & Site

Lot Size0.1 acres (4,356 SF)
Topographylevel
Parkingattached_garage
Parking Spaces4
FrontageFrontage on N Ocean Blvd

Utilities

Waterpublic
Sewerpublic
Electricavailable
Gasavailable

Zoning & Land Use

Zoning CodeMUH
DescriptionMixed Use High-Density
JurisdictionCity of Myrtle Beach

Allowed Uses

residentialcommercialshort term rentals
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$3,600,000
Land$3,600,000
Improvements$0

Sale History

2025-08-04$0

Transfer between related entities

2023-05-04$5

Nominal consideration transfer

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