606 N Ocean Blvd.,Myrtle Beach, SC 29577
Myrtle Beach, SC 29577
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!! Measurements/Square footage not guaranteed, Buyer or Buyers Agent to verify all information.
Details
| MLS # | 2611121 |
|---|---|
| Listing Type | For Sale |
| Style | Hotelmotel |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 113 |
| Listing Provided By | Realty ONE Group Dockside | Liat Edri |
Features
| SQ Feet | 23,336 |
|---|---|
| Story(s) | 3 |
| Units | 54 |
| Zoning | MU-H Mixed |
| Acreage | 0.80 |
Interior
| Interior Features | Elevator, Storage |
|---|---|
| Window Features | Display Windows |
| Furnished | Furnished |
Exterior
| Construction Materials | Block |
|---|
Utilities
| Sewer | Public Sewer |
|---|---|
| Electric | Volts220, Volts440 |
Area Information
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Listing VS Median (in 29577) | |
Price: $7,500,000 low | high Med: $219,000 sqft: 23,336 low | high Med: 832 $ / sqft: $321 low | high Med: $263 On site: 113 low | high Med: 202 | |
Market Activity 29577
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Learn More About This Property
| State | SC |
|---|---|
| County | Horry |
| City | Myrtle Beach |
| Zip Code | 29577 |
| Area | 16G Myrtle Beach Area Southern Limit to 10TH Ave N |
| Listing VS Median (in 29577) | |
Price: $7,500,000 low | high Med: $219,000 sqft: 23,336 low | high Med: 832 $ / sqft: $321 low | high Med: $263 On site: 113 low | high Med: 202 | |