Where rentals perform
Oceanfront and ocean-view condos rent the most weeks because guests want to walk to the sand. Beach houses in North Myrtle Beach and Surfside draw families and larger groups. Golf-community and resort condos can do well with the golf crowd. Location and walkability to the beach are the biggest drivers of occupancy.
Check the short-term rental rules first
Before anything else, confirm the specific building or community allows short-term rentals and understand any HOA caps, rental programs or city rules. Some condos are rental-friendly with on-site programs; others restrict it. This single check makes or breaks the investment — we verify it for every property we show investors.
Run the real numbers
Build your projection on 12 months, not peak summer. Factor HOA fees (which can be significant in oceanfront buildings and often include insurance and amenities), property taxes at the 6% investment ratio, management fees, utilities, maintenance, and realistic occupancy. A property that looks great in July can break even over a full year — know that going in.
Financing and management
Investment-property loans typically need more down and carry higher rates than a primary residence; some condos with high rental ratios require specific lenders. Decide early whether you'll self-manage or use a local rental company (typically 10–25% of revenue). We can connect you with lenders and managers who know this market.
This is general information, not personalized financial advice.
Quick answers
Frequently asked
- Are short-term rentals allowed in Myrtle Beach?
- In many buildings and areas, yes — but it varies by HOA, building, and local rules. Some condos run on-site rental programs; others restrict short-term stays. Always confirm for the exact property before buying.
- What kind of property makes the best Myrtle Beach rental?
- Oceanfront and ocean-view condos get the most rental weeks; beach houses in North Myrtle Beach and Surfside attract families. Walkability to the beach is the top driver of occupancy.
- How much are HOA fees on oceanfront condos?
- They vary widely and can be substantial, often bundling insurance, amenities, and exterior upkeep. Always get the exact figure — it's a major line in your investment math.