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Listed by Brian Piercy Group • ERA Real Estate Modo
$2,980,000
4,206 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/ Motel
Listing Status Active
Purchase Type For Sale
Square Footage 4,206 sqft
Price per Sqft $708
MLS Listing ID 2626158
HOA Y/N No
Year Built 1975
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Hotel/ Motel
Source CCAR
Property Description
A truly rare offering in the heart of Cherry Grove! Introducing The Dive Inn, a one-of-a-kind, vintage-inspired boutique oceanfront innfeaturing 7 individual accommodations, collectively 11 bedrooms and 10 baths, completely reimagined and updated in 2026! Drawingdesign inspiration from the eclectic boutique hotels of Los Angeles and coastal Mexico, The Dive Inn blends retro beachside charm withstylish modern finishes, vibrant personality, and an incredible oceanfront setting. The result is a property that feels more like a uniquecoastal escape than a traditional Myrtle Beach resort! The showpiece of this extraordinary property is The High Dive, a spectacular top-floor 3BR/2BA penthouse featuring over 1,100 square feet of living space and an incredible 500+ square foot private oceanfront terrace.Sweeping panoramic views stretch both north and south along the coastline, including an amazing vantage point overlooking the iconicCherry Grove Pier. This is truly one of the most impressive private oceanfront outdoor living spaces you'll find anywhere along the GrandStrand! The seven-unit collection includes four 1BR/1BA suites, two 2BR/2BA suites, and the signature 3BR/2BA penthouse, collectivelyaccommodating up to 36 guests. Every accommodation enjoys direct oceanfront views and its own private balcony. Throughout theproperty, you'll find a distinctive blend of vintage character, retro-inspired design, thoughtfully selected furnishings, and beautifullyupdated interiors. The extensive 2026 renovation brings modern comfort and functionality to this nostalgic beachside setting, creating anintimate boutique experience unlike the larger, more conventional resorts in the area. And the possibilities here are just as exciting as theproperty itself! Imagine living in the spectacular top-floor penthouse while generating income from the six remaining units, operating yourown one-of-a-kind oceanfront boutique hotel, or creating a highly distinctive short-term rental destination. The variety of accommodations, intimate atmosphere, and irreplaceable oceanfront setting provide tremendous flexibility and exciting rental income potential. Alreadyintroduced with its own unique identity and branding as The Dive Inn, the property offers a compelling combination of design, location,and investment opportunity. Whether you're an investor looking for a distinctive hospitality asset, an entrepreneur dreaming of owning aboutique oceanfront inn, or someone wanting to combine an incredible personal beach residence with rental income, this is anopportunity that simply doesn't come along often!
Location
State SC
County Horry
Area 11A North Myrtle Beach Area--Cherry Grove
Zoning R-4
Interior
Fireplace No
Exterior
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 35114030152
Acceptable Financing Cash, Conventional, Portfolio Loan
Listing Terms Cash, Conventional, Portfolio Loan
Special Listing Condition None
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