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Coastal Carolina Group

Innovate Real Estate-Coastal Carolina Group

sellingcoastalcarolinas@gmail.com

Listed by Liat Edri • Realty ONE Group Dockside

$ 7,600,000

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606 N Ocean Blvd. #301 7th Ave N Myrtle Beach, SC 29577

23,336 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Hotel/ Motel

Listing Status Active

Purchase Type For Sale

Square Footage 23,336 sqft

Price per Sqft $325

MLS Listing ID 2526068

HOA Y/N No

Lot Size 0.800 Acres

Acres 0.8

Property Sub-Type Hotel/ Motel

Source CCAR

Property Description

Welcome to The Diplomat, an ICONIC Ocean Front Property located on Ocean Blvd and 7th Avenue North, Right on the Boardwalk and a short walk to the Myrtle Beach SkyWeel. Property: Oceanfront 54-Unit Building + Commercial Restaurant Space Location: 606 N. Ocean Blvd, Myrtle Beach, SC 29577 Oceanfront property and an additional parcel at 301 7th Ave North (parking lot). Lot Size: 0.6 acres (building) + 0.2 acres (vacant/parking). Total of 0.8 acres. Building Size: ±24,000 SF PROPERTY OVERVIEW: 54-unit building on oceanfront lot. Street-level commercial restaurant which was just redone in 2025. 0.2-acre lot at 301 7th Ave North used for parking. Prime location within Myrtle Beach's entertainment district. MARKET & ZONING INFORMATION Zoning: MU-H (Mixed Use High Density) for main parcel; Downtown Redevelopment. Restaurant Market: Strong walk-in traffic due to location along the Grand Strand's primary tourism corridor. INVESTMENT HIGHLIGHTS High-demand tourism market. Oceanfront positioning with added value of separate parking parcel Mixed-use income diversity: residential + food/beverage Potential for operational optimization or redevelopment. Located on the oceanfront where the new Hwy 501 East Connector will end at the Diplomat Motel Oceanfront. (The Diplomat Motel is located in the DRC ,Downtown Redevelopment Comm Corridor. Zoned TA-80 (Transient Accommodations). Floating Zoning area. Opportunity Zone Updated in 2018.) Financials are available to qualified buyers. Amenities - Exterior pool, The Boardwalk opened in the summer of 2010 the Diplomat Motel has 200' of hotel frontage directly in front of the hotel for its guest. Two beach accesses, one on the North side and one on the South side. Pizzeria with a diverse cuisine ON PROPERTY!!! And only blocks away Ripley's Believe It Or Not, Myrtle Beach Sky-wheel and Sling Shot, The Gay Dolphin-largest gift shop on the beach, The Bowery home of country music super-group The Alabama Band, and many unique restaurants, and you can't miss a walk through I LOVE SUGAR candy store with hundreds of unique sweet candy's across from the Gay Dolphin, so much more to do!! You can stay a week and never have to drive!!

Location

State SC

County Horry

Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N

Zoning MU-H Mixed

Interior

Interior Features Elevator, Storage

Fireplace No

Exterior

Amenities Available Elevator(s), Storage

Present Use Hotel/Motel

Building

Entry Level Three Or More

Sewer Public Sewer

Level or Stories Three Or More

Others

Senior Community No

Tax ID 44408010194

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

Coastal Carolina Group

Client Care Specialist

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