Invest in Bay View Resort: A Smart Move for First-Time and Seasoned Investors

Why Bay View Resort in Myrtle Beach is a Top Pick for Real Estate Investors

Bay View Resort, located on the iconic Myrtle Beach boardwalk, offers an exceptional opportunity for those looking to transition their 401(k), retirement savings, or business proceeds into a profitable, oceanfront short-term vacation rental. Whether you're a first-time buyer, an experienced investor, or a small business owner planning your next venture, this resort stands out for its amenities, location, and proven rental income.

Turnkey Units with Lockout Flexibility

One unique feature of Bay View Resort is the availability of lockout units like 1705A and 1705B. These connected but independently accessible units cater to families, golfers, bikers, and other large travel groups, enhancing occupancy potential. Each unit boasts tiled balconies with breathtaking ocean views, granite countertops, modern cabinetry, and in-unit washers and dryers.

Resort Amenities that Attract Tourists

Bay View offers:

• Indoor/outdoor pools, lazy rivers, and a spa

• Fitness center with ocean views

• Life-size chess/checkers and shuffleboard

• On-site Starbucks and fire pit lounge area

• Direct access to the Myrtle Beach Boardwalk and Promenade

These features not only create memorable guest experiences but also translate to higher repeat bookings and seasonal demand.

Strategic Off-Site Management Options

Investors can enjoy the flexibility of using off-site property managers without losing access to resort amenities. This is critical, as on-site managers often charge 30-40% of gross rental income. Off-site management or self-management options, like Evolve or Airbnb, typically cost just 10% or less, maximizing net profits.

HOA Coverage and Expense Breakdown

Bay View Resort's HOA fees include:

• Electric in common areas

• Water, sewer, trash pickup

• Elevator service, landscaping, security

• Cable, internet, pest control

This all-in-one approach simplifies ownership and cost tracking.

Market Report & Property Values

As of March 7:

• 10 active listings (avg. $329,100)

• 2 under contract (avg. $286,500)

• 6 sold in last 6 months (avg. $312,400)

Unit 1705 appreciated from $177,533 in 2014 to $388,500 in 2023 — a $210,967 increase in just under a decade.

Cash vs. Financing Scenarios

Cash Purchase of Unit 1705

• Gross Rental Income: $60,152

• Expenses: $20,984

• Profit: $33,540 annually

Financed Purchase (15% Down, $365K Purchase Price)

• Gross Rental Income: $60,152

• Expenses (incl. mortgage): $49,896

• Profit: $4,256 annually

Note: Self-managing or leveraging 3% Airbnb platform fees could drastically improve net returns.

Tax Advantages: Depreciation

Depreciation for a $365,000 unit over 27.5 years allows for a $13,272 annual deduction. Cost segregation can boost this to $30,000+ for high-income earners.

Boost Your Profitability

Smart investors remodel units immediately upon purchase. A $21,000 cosmetic upgrade can yield $5,000–$7,000/year in extra rental income. Over 10 years, that’s up to $49,000 in additional profit — and possibly more appreciation at resale.

Prime Location for Year-Round Occupancy

Just minutes from:

• Myrtle Beach Boardwalk (2 mins)

• Broadway at the Beach (8 mins)

• Myrtle Beach Intl. Airport (11 mins)

• 90+ golf courses

• Savannah's Playground, Costco, Medieval Times, and more

Navigating Myrtle Beach is Easy

Guests can access Business 17, 501, 544, and Hwy 31 for quick travel between Myrtle Beach, North Myrtle Beach, Surfside, Conway, and beyond.

Final Word: Why Bay View is the Right Choice

Bay View Resort isn’t just another beachfront property — it’s a high-yield, appreciating asset in one of the fastest-growing coastal markets in the U.S. With flexible management, excellent amenities, and strong tourist demand, this resort presents a rare opportunity to build passive income and long-term wealth.

Call 843-360-1737 to get pre-approved or request a list of available units and remodel-ready opportunities.