Properties of this description represent a specific type of real estate offering within a popular coastal destination. These residential units, typically designed for vacation rentals or seasonal living, are situated along the Grand Strand. The color association in the name evokes the aesthetic appeal of the surrounding marine environment, while the location provides direct access to various amenities and attractions.
The draw of these properties stems from a combination of factors: their advantageous location, offering proximity to the ocean; their potential for generating rental income; and the lifestyle benefits associated with owning property in a resort town. Historically, the demand for such residences has fluctuated with tourism trends and economic conditions, influencing both property values and rental rates. These types of buildings provide a significant contribution to the local economy by generating revenue through tourism and providing employment opportunities.