Spectacular Oceanfront Investment Opportunity at Compass Cove’s Schooner Building: Discover a unique blend of vacation enjoyment and smart investment with this second-floor oceanfront condotel at Compass Cove’s renowned Schooner Building. Ideally positioned on Myrtle Beach’s Ocean Boulevard, this unit captures the essence of coastal living while providing easy access to the area’s best dining, shopping, and entertainment—making it a top choice for renters seeking a memorable stay. Compass Cove Resort is beloved for its many amenities and welcoming atmosphere, featuring over 530 fully furnished condos and an impressive selection of twenty-three water attractions, including six indoor and outdoor pools, three lazy rivers, seven hot tubs, and a variety of kiddie pools. Families, couples, and friends alike flock to Compass Cove for the endless options, relaxing setting, and convenience of oceanfront accommodations. This unit offers the added benefit of a dedicated management team that ensures your investment remains low-maintenance, handling all rental operations, guest services, and upkeep. With high rental demand thanks to Compass Cove’s location and amenities, this condotel is not only a great addition to an investment portfolio but also a personal getaway that’s always ready for you. Enjoy the coastal lifestyle while benefiting from a steady income stream—an ideal choice for any real estate investor!
Sold for $102,000
$102,000
2311 S Ocean Blvd. #232, Myrtle Beach, SC 29577
1beds
350sqft
Condominium
Built in 1972
-- sqft lot
$99,800 Zestimate®
$291/sqft
$1,302 Estimated rent
Home value
$99,800
$92,000 - $108,000
$1,302/mo
Zestimate® history
Owner options
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$1,302/mo
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$1,302/mo
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$1,236/mo
Est. payment
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$1,236/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Hampton Roberts MainLine:843-650-0998,
CB Sea Coast Advantage MI,
Mariah R Johnson 843-251-1686,
CB Sea Coast Advantage PI
Bought with:
Michele Blase, 51741
North Beach Realty
Source: CCAR,MLS#: 2426240
Originating MLS: Coastal Carolinas Association of Realtors
Originating MLS: Coastal Carolinas Association of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bathroom
- Features: Tub Shower, Vanity
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Microwave, Refrigerator
Features
- Other, Window Treatments, High Speed Internet
- Flooring: Carpet, Tile
- Furnished: Yes
Interior area
- Total structure area: 416
- Total interior livable area: 350 sqft
Property
Parking
- Parking features: Deck
Features
- Levels: One
- Stories: 1
- Patio & porch: Balcony
- Exterior features: Balcony, Elevator, Fence, Pool
- Has private pool: Yes
- Pool features: Community, Indoor, In Ground, Outdoor Pool, Private
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Ocean Front
Lot
- Features: City Lot
Details
- Additional parcels included: ,
- Parcel number: 44502010182
- Zoning: MU-H
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Steel
- Foundation: Slab
Condition
- Resale
- Year built: 1972
Utilities & green energy
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available, High Speed Internet Available
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Security Service
Community
- Community features: Cable TV, Internet Access, Pool, Short Term Rental Allowed
Location
- Region: Myrtle Beach
- Subdivision: SCHOONER AT COMPASS COVE - MB SOUTH
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $774 monthly
- Amenities included: Pool, Pet Restrictions, Security, Cable TV, Elevator(s), Maintenance Grounds
- Services included: Association Management, Common Areas, Electricity, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Phone, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Listing removed | $1,600$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/25/2025 | Price change | $1,600+33.3%$5/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/17/2025 | Listed for rent | $1,200$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/4/2025 | Sold | $102,000-15%$291/sqft |
Source:  CCAR #2426240 Report a problem | ||
| 2/11/2025 | Contingent | $120,000$343/sqft |
Source: CCAR #2426240 Report a problem | ||
| 1/17/2025 | Listed for sale | $120,000$343/sqft |
Source: CCAR #2426240 Report a problem | ||
| 12/5/2024 | Listing removed | $120,000$343/sqft |
Source: CCAR #2426240 Report a problem | ||
| 11/14/2024 | Listed for sale | $120,000$343/sqft |
Source: CCAR #2426240 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 29577
Nearby schools
GreatSchools rating
- NAMyrtle Beach PrimaryGrades: 1-2Distance: 4.1 mi
- 7/10Myrtle Beach Middle SchoolGrades: 6-8Distance: 4.1 mi
- 5/10Myrtle Beach High SchoolGrades: 9-12Distance: 4.4 mi
Schools provided by the listing agent
- Elementary: Myrtle Beach Elementary School
- Middle: Myrtle Beach Middle School
- High: Myrtle Beach High School
Source: CCAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$99,800
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$101,796
- South Carolina
- Horry County
- Myrtle Beach
- 29577
- 2311 S Ocean Blvd. Unit 232
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