606 N Ocean Blvd. 301 7th Ave N Myrtle Beach, SC $ 7,600,000
606 N Ocean Blvd. 301 7th Ave N
$ 7,600,000
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606 N Ocean Blvd. 301 7th Ave N

Myrtle Beach, SC, 29577
$ 7,600,000
Bedrooms-- Baths-- Sq 23,336

Monthly Estimate*

$ 47,414

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Commercial Property for sale in Myrtle Beach, SC

for $7,600,000. This 23,336 square foot building was built on a lot size of 0.8.

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!!

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Commercial Active

Price

$ 7,600,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.8

Town/City

Myrtle Beach

County/Region

Horry

MLS | Web ID

2526068

Features
General
Sewer Public Sewer
Possession Closing
Zoning MU-H Mixed
Construction Materials Block
Electric 220 Volts 440 Volts
Stories Count 3
Levels Three Or More
Unit Number 301 7th Ave N
Property Subtype Hotel/Motel
Current Use Hotel/Motel
Business Type Professional/Office Restaurant Hotel/Motel Hospitality
County Horry
Property Type Commercial Sale
Association Amenities Elevator(s) Storage
Building Features Elevator(s) Kitchen Facilities Private Restrooms Pole Sign Public Restrooms Reception Area
Status Active
Directions Take 7th Avenue North off of Highway 17 Business North in Myrtle Beach. Go east towards the ocean. At the stop light of 7thAvenue and Ocean Boulevard you will see the Diplomat Motel on the Oceanside of Ocean Blvd.
City Myrtle Beach
Number Of Units Total 54
MLS Area 16G Myrtle Beach Area--Southern Limit to 10TH Ave N
Lease Considered Y/N false
Virtual Tour https://track.pstmrk.it/3s/skyline-photography.aryeo.com%2Fsites%2Fmzgjlwn%2Funbranded/cUpU/CuvAAQ/AQ/ac333e15-e9cf-49c1-b1c7-6834eef041eb/3/k6Hlz5KstR
Standard Status Active
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Interior
Interior Amenities Elevator Storage
Window Features Display Window(s)
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Exterior
Lot Size Acres 0.8
Lot Size Source Public Records
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* Excluded Features
List By
Realty One Group Dockside

Broker

liatedri18@hotmail.com

Email

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$47,414
Per Month
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Monthly Principal & Interest
$47,414
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/31/2025$7,600,000 Listed Price

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606 N Ocean Blvd. 301 7th Ave N, Myrtle Beach, SC, 29577 is a Commercial Property for sale at $7,600,000 with 23,336 sqft and a lot size of 0.8. The property's zip code is 29577 which is in Myrtle Beach, SC