1.46 Acre Ocean Front Hotel Site. This once is a generation opportunity is located at the end of the beautiful Cherry Grove Beach area of North Myrtle Beach. It consists of .89 acre of direct ocean front and .57 acre of second row. This property is located very close to the point. One of the few ocean front sites left in Horry County of its size that has not been developed or is not of Residential Zoning. Zoned R4 - Resort Residential: Cherry Grove's current zoning allows for a 90' tall livable space. PARKING You may build a 4-story parking deck on the Ocean Front under the 90'. One (1) parking space is required for each 1 bedroom unit, 1.5 parking spaces for a 2 bedroom unit, and 2.5 spaces for a 3 bedroom unit. There is a 15' set back on the ocean front. There are two (2) second row sites that can be used for parking, however, the buyer would need to have a re-zoning approved by City Council.
Listing Date: 02-18-2019
Sold Date: 04-15-2021
Aprox Days on Market: 
2 Year(s), 1 month(s), 27 day(s)
Listing Sold: 
3 Year(s), 5 month(s), 3 day(s) ago
Asking Price: $3,900,000
Selling Price: $3,000,000
Price Difference:
Reduced By $800,000
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,
Hoa Frequency: NotApplicable
Hoa: No
Community Features: GolfCartsOK, LongTermRentalAllowed, ShortTermRentalAllowed
Assoc Amenities: OwnerAllowedGolfCart, OwnerAllowedMotorcycle, TenantAllowedGolfCart, TenantAllowedMotorcycle
New Construction: No
Mobile Home Remains: ,No,
Zoning: R4
Spa: No
Lease Renewal Option: ,No,
Number of Lots: 5
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Fireplace: No
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 1.46
Land Lease: No
Lot Description: CityLot, Rectangular, StreamCreek, Waterfront
Pool Private: No
County: Horry
Road Frontage Type: CityStreet
View: Yes
Road Surface Type: Asphalt
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
View: Ocean
Property Sub Type Additional: Commercial,UnimprovedLand
Property Attached: No
Rent Control: No
Basement: ,No,
Sold Date: 2021-04-15T00:00:00
Electric On Property: No
Cooling: No
Sewer: PublicSewer
Utilities Available: CableAvailable, ElectricityAvailable, NaturalGasAvailable, Other, PhoneAvailable, SewerAvailable, UndergroundUtilities, WaterAvailable
Heating: No
Water Source: Public
Waterfront: Yes
Waterfront Features: Channel, Creek, OceanFront
Courtesy of Bhhs Myrtle Beach Real Estate - Cell: 843-267-3596
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