Myrtle Beach, SC 29577
- MU-H MixedZoning
- 26,755SqFt
- 54Units
- N/ASale/Rent
- N/AWet Lands
- 0.61Acres
- MLS# 2324635
- Commercial
- HotelMotel
- Sold
- Approx Time on Market3 months, 13 days
- AreaMyrtle Beach Area--Southern Limit To 10th Ave N
- CountyHorry
- SubdivisionN/A
Overview
The Diplomat Motel is a keepsake. One of only a handful of vintage Motels remaining on the Grand Strand, over 61 years old built in 1962. Located on the oceanfront where the new Hwy 501 East Connector will end at the Diplomat Motel Oceanfront. 51 Motel rooms and 3 units/bays comprise (The Mama Mia Pizzeria) Totaling 54 units/bays. (The Diplomat Motel is located in the DRC,Downtown Redevelopment Commission Corridor. Zoned TA-80 (Transient Accommodations). Floating Zoning area. Opportunity Zone Updated in 2018.) Additional income could be generated by leasing the commercial space. Financials are available to qualified buyers. Measurements/Square footage not guaranteed, Buyer or Buyers Agent to verify. 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. Mama Mia 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!!
Sale Info
Listing Date: 12-01-2023
Sold Date: 03-15-2024
Aprox Days on Market:
3 month(s), 13 day(s)
Listing Sold:
1 month(s), 23 day(s) ago
Asking Price: $5,800,000
Selling Price: $6,300,000
Price Difference:
Increase $500,000
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Assoc Amenities: Elevators, Storage
Bathroom Info
Building Info
New Construction: No
Num Stories: 3
Levels: ThreeOrMore
Year Built: 1962
Mobile Home Remains: ,No,
Zoning: MU-H Mixed
Building Features: Elevators, PrivateRestrooms, PoleSign, ReceptionArea
Construction Materials: Block, Masonry
Building Area Source: Owner
Buyer Compensation
Exterior Features
Spa: No
Financial
Lease Renewal Option: ,No,
Business Name: Diplomat Motel
Garage / Parking
Parking Capacity: 60
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Interior Features: Elevator, Storage
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 0.61
Lot Size: 206x126x208x126
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Horry
Current Use: HotelMotel
View: No
Number of Units Total: 54
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Attached: No
Rent Control: No
Number of Buildings: 2
Room Info
Basement: ,No,
Sold Info
Sold Date: 2024-03-15T00:00:00
Sqft Info
Sqft: 26755
Tax Info
Unit Info
Utilities / Hvac
Electric On Property: No
Cooling: No
Sewer: PublicSewer
Electric: Item220Volts, Item440Volts
Heating: No
Waterfront / Water
Waterfront: No
Directions
Take 7th Avenue North off of Highway 17 Business North in Myrtle Beach. Go east towards the ocean. At the stop light of 7th Avenue and Ocean Boulevard you will see the Diplomat Motel on the Oceanside of Ocean Blvd.Courtesy of Realty One Group Dockside Cnwy
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