Invest in Meridian Plaza Resort Oceanfront Condos in Myrtle Beach, South Carolina

Welcome to Meridian Plaza Resort in Myrtle Beach, SC — a prime opportunity for investors of all levels looking to break into the oceanfront short-term vacation rental market. Whether you're a first-time investor, a seasoned pro, a retiree with a 401(k), or a small business owner looking to pivot into passive real estate income, Meridian Plaza delivers the location, performance, and appreciation that serious investors seek.

 

Why Invest in Oceanfront Condos at Meridian Plaza?

1. High Demand + Location Advantage Meridian Plaza is situated steps from the iconic SkyWheel, top-rated restaurants, shopping, and nightlife. Its central location is ideal for both short weekend getaways and long seasonal stays, attracting 20 to 22 million annual tourists.

2. Proven Appreciation & Passive Income From 2014 to 2024, average one-bedroom condos at Meridian Plaza appreciated from $68,000 to over $171,000. That’s an annual appreciation of $10,000+ — not including rental profits. Annual gross rental income on renovated 1-bed units regularly hits $42,000+.

3. 12-Month Rental Potential Unlike inland or off-beach short-term rentals, oceanfront condos like Meridian Plaza rent year-round. Peak season profits in June, July, and August often cover an entire year’s operating expenses, maximizing ROI.

4. Affordability Compared to Other Markets Myrtle Beach is significantly more affordable than Florida beachfront markets, offering better cash-on-cash returns and lower acquisition costs — yet similar rental performance.

5. Flexibility with Financing Condotel financing options include 15%, 20%, and 25% down programs. DSCR loans and 401(k) loans are increasingly common strategies used by investors to secure units.

6. Self-Management Allowed Unlike North Myrtle Beach where self-management may be restricted, Myrtle Beach currently allows owners to self-manage on platforms like Airbnb and VRBO, preserving profits.

7. Strategic Renovation Opportunity Simple upgrades such as flooring, accent walls, barn doors, and kitchen remodels can significantly boost occupancy and gross rental income. One investor took a property from $104,000 to $140,000 annually in just one year post-renovation.

Financial Breakdown (Example: 1-Bedroom at Meridian Plaza)

  • Purchase Price: $179,900

  • Down Payment (25%): $44,975

  • Gross Rental Income: $42,864

  • Operating Expenses (Taxes, HOA, Cleaning, Platform Fees): $30,011

  • Net Profit: $11,566 to $21,566 (with improved marketing/occupancy)

Depreciation write-offs can reduce taxable income by $6,541 annually, with higher deductions available via cost segregation studies for high-income earners.

Who Is This Investment For?

  • First-Time Investors: Start building equity and passive income with manageable down payments.

  • Seasoned Investors: Expand your portfolio into high-demand, appreciating oceanfront real estate.

  • Retirees & 401(k) Holders: Shift retirement savings into tangible, cash-flowing assets.

  • Small Business Owners: Transition from active income to scalable, semi-passive real estate revenue.

Let’s Talk Strategy

Ready to run the numbers on your first or next oceanfront condo? Whether you’re months or years out, a call with a Myrtle Beach investor-broker can help you avoid pitfalls, understand HOA dynamics, analyze occupancy trends, and secure properties with upside.

Call or text Brandon Kunasek directly at 843-360-1737 to discuss financing options, top-performing resorts, and available units.

Make your next investment one that pays you to vacation.

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.