These can be used as primary, secondary or rental homes. Many owners offset their yearly expenses by rentals and make a substantial income while their home appreciates in value.
$2,980,000
A truly rare offering in the heart of Cherry Grove! Introducing The Dive Inn, a one-of-a-kind, vintage-inspired boutique oceanfront inn featuring 7 individual accommodations, collectively 11 bedrooms and 10 baths, completely reimagined and updated in 2026! Drawing design inspiration from the eclectic boutique hotels of Los Angeles and coastal Mexico, The Dive Inn blends retro beachside charm with stylish modern finishes, vibrant personality, and an incredible oceanfront setting. The result is a property that feels more like a unique coastal 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 iconic Cherry Grove Pier. This is truly one of the most impressive private oceanfront outdoor living spaces you'll find anywhere along the Grand Strand! The seven-unit collection includes four 1BR/1BA suites, two 2BR/2BA suites, and the signature 3BR/2BA penthouse, collectively accommodating up to 36 guests. Every accommodation enjoys direct oceanfront views and its own private balcony. Throughout the property, you'll find a distinctive blend of vintage character, retro-inspired design, thoughtfully selected furnishings, and beautifully updated interiors. The extensive 2026 renovation brings modern comfort and functionality to this nostalgic beachside setting, creating an intimate boutique experience unlike the larger, more conventional resorts in the area. And the possibilities here are just as exciting as the property itself! Imagine living in the spectacular top-floor penthouse while generating income from the six remaining units, operating your own 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. Already introduced 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 a boutique oceanfront inn, or someone wanting to combine an incredible personal beach residence with rental income, this is an opportunity that simply doesn't come along often!
2624915
MLS
3802 N Ocean Blvd., North Myrtle Beach
