Prime Oceanfront Investment at Compass Cove’s Schooner Building: Step into the ultimate investment opportunity with this beautiful oceanfront condotel in Compass Cove’s Schooner Building, a staple of Myrtle Beach that has captivated vacationers for generations. This sought-after unit offers a prime location near the vibrant heart of Myrtle Beach, known for its dining, shopping, and entertainment options, making it an attractive rental with excellent income potential. Compass Cove Resort boasts over 530 spacious condos, known for their comfort and coastal style, complemented by twenty-three exciting water features that include six indoor and outdoor pools, three lazy rivers, seven hot tubs, and several kiddie pools—ideal for families and visitors seeking variety and fun. The resort’s incredible lineup of amenities and prime location on Ocean Boulevard contribute to high rental demand, creating a fantastic opportunity for revenue. As a fully managed condotel, this property offers owners the best of both worlds: personal enjoyment without the worry of upkeep, with a professional team handling all aspects of bookings, guest care, and maintenance. Invest in Compass Cove, and enjoy a rewarding property that delivers a vacation experience and reliable income, season after season.
For sale
Price cut: $1K (8/4)
$106,000
2311 S Ocean Blvd. #139, Myrtle Beach, SC 29577
1beds
349sqft
Est.:
Condominium
Built in 1972
-- sqft lot
$-- Zestimate®
$304/sqft
$774/mo HOA
What's special
- 205 days
- on Zillow |
- 1,468 |
- 57 |
Zillow last checked: 7 hours ago
Listing updated: August 04, 2025 at 05:54am
Listed by:
Hampton H Roberts Office:843-650-0998,
CB Sea Coast Advantage MI,
Mariah R Johnson 843-251-1686,
CB Sea Coast Advantage PI
Source: CCAR,MLS#: 2426238
Originating MLS: Coastal Carolinas Association of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Features: Main Level Master
Primary bathroom
- Features: Tub Shower, Vanity
Kitchen
- Features: Solid Surface Counters
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Microwave, Refrigerator
Features
- Furnished, Window Treatments, High Speed Internet, Solid Surface Counters
- Flooring: Carpet
- Furnished: Yes
Interior area
- Total structure area: 406
- Total interior livable area: 349 sqft
Video & virtual tour
Property
Parking
- Parking features: Deck
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: Elevator, Fence, Other, Pool, Patio
- 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
Lot
- Features: City Lot
Details
- Additional parcels included: ,
- Parcel number: 44502010121
- 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 & HOA
Community
- Features: Cable TV, Internet Access, Pool, Short Term Rental Allowed
- Security: Fire Sprinkler System, Security Service
- Subdivision: SCHOONER AT COMPASS COVE - MB SOUTH
HOA
- Has HOA: Yes
- 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
- HOA fee: $774 monthly
Location
- Region: Myrtle Beach
Financial & listing details
- Price per square foot: $304/sqft
- Date on market: 11/14/2024
- Listing terms: Cash
- Electric utility on property: Yes
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