Myrtle Beach Investment Homes | CRG Designs and Build Oceanfront
From Little River to Georgetown, South Carolina, the Grand Strand encompasses over 60 miles of beautiful beaches offering ample opportunity for oceanfront home ownership as well as homes with a close proximity to the beach. With over 20 custom oceanfront design and build homes along the Grand Strand, CRG Companies has become known as the go-to for new home construction and remodels.
As one of the most visited coastal areas on the East Coast with visitors surpassing 13 million annually, oceanfront vacation rentals can offer a very attractive investment opportunity in Myrtle Beach and the surrounding communities. 2014 reports showed a strong year for oceanfront sales along the Grand Strand with 47 oceanfront homes sold with an average price of $1,242,670. The first quarter of 2015 is also off to a good start with a total of 14 oceanfront sales to date compared at 13 this time last year, averaging sales of $1,379,321, up nearly $120,000 from 2014 sales. This increase in purchase price is reflective of the return of a healthy residential market in the Myrtle Beach area.
Current CRG Oceanfront Homes
CRG Companies currently has 3 oceanfront homes under construction in Cherry Grove that will serve as rental investment properties for Living Beach, a local development company. These homes have over 4,000 square feet to accommodate up to 30 guests and include luxury amenities such as a full game room, private pool, and hot tub, along with private beach access, an elevator, and granite counter tops just to name a few. Living Beach I,II, and III are available to rent now for the upcoming summer season.
Located just a short walk from the beach, this Surfside Beach home is another great investment property slated for a Summer 2015 completion date that is available for purchase now. Designed to be a vacation rental property or a perfect 2nd home, this house features a private pool, 4 bedrooms, 3 bathrooms, and a spacious open main floor with a great room, dining room, and kitchen.
Check out all of the oceanfront homes for sale in the Myrtle Beach area here. If you would like to learn more about any of the available oceanfront properties, please contact a CRG real estate agent. If an oceanfront home is what you are looking for and cannot find exactly what you want, our talented CRG team would be happy to design and build the home of your dreams!