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Property summary
Located on Ocean Boulevard and 7th Avenue North in Myrtle Beach, South Carolina, The Diplomat is an oceanfront mixed-use hospitality building comprising 54 units and approximately 24,000 square feet, along with a street-level commercial restaurant space. The property includes an additional parcel at 301 7th Avenue North used as a parking lot; the main parcel is approximately 0.6 acres and the parking-lot parcel is approximately 0.2 acres, for a total site area of approximately 0.8 acres. The… street-level restaurant space was renovated in 2025. Outdoor amenities include a swimming pool and two beach access points. The property is positioned in Myrtle Beach’s entertainment/primary tourism corridor area and is adjacent to the Boardwalk (opened in 2010), providing 200 feet of hotel frontage directly in front of the property. On-site restaurant use includes a pizzeria, and nearby attractions in the immediate area include Ripley’s Believe It Or Not, the Myrtle Beach SkyWheel, Sling Shot, The Gay Dolphin gift shop, The Bowery, and I LOVE SUGAR candy store. The main parcel is zoned MU-H (Mixed Use High Density), with Downtown Redevelopment designation and portions within a Floating Zoning area and an Opportunity Zone updated in 2018.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
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Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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from $99/month
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Myrtle Beach market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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