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Aqua Beach Inn 1301 Withers Dr 60 Room Hotel Myrtle Beach, SC 29577 For Sale

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INVESTMENT HIGHLIGHTS

  • Located in the highest foot-traffic section of the boardwalk (SkyWheel / Ripley’s / restaurants), supporting transient ADR and year round occupancy
  • Two parcels: 0.36 AC + 0.26 AC parking lot which is rare in downtown Myrtle Beach.
  • Each guest room has a fully equipped kitchen, with full size refrigerator, 2 burner stove top & microwave.
  • Opportunity Zone + Irreplaceable location with high-rise ocean views directly across from the SkyWheel & Boardwalk
  • Renovated hotel lobby & guest rooms, new hot water heaters & pumps,2/3 of the PTAC's replaced, new awning, interior/exterior paint & updated elevator.
  • Recent renovations reduce near-term CapEx exposure and provide a strong operational foundation.

EXECUTIVE SUMMARY

Call for Offers: Due by 12/12/25 - DD and additional information can be found at www.bracketre.com
TWG at Bracket Real Estate is pleased to offer for sale the Aqua Beach Inn, a 60-key, 11-story independent upscale hotel with supplemental .26-acre parking parcel. Ideally positioned in an Opportunity Zone in the heart of Downtown Myrtle Beach, directly across from the iconic SkyWheel and the oceanfront Boardwalk.
The property offers investors a rare opportunity to acquire a high-rise, steel-and-concrete hotel in one of the most heavily trafficked leisure markets on the East Coast. With substantial recent renovations completed and strong proximity to top attractions, the Aqua Beach Inn provides a compelling blend of in-place income and repositioning potential.
Myrtle Beach remains one of the nation’s top drive-to leisure destinations, drawing over 18 million visitors annually and ranking among the top three domestic summer travel markets in 2025. The area benefits from strong tourism infrastructure, exceptional beach access, golf and entertainment amenities, and steady marketing investment that generates significant returns for local businesses. With more direct flights, a year-round visitor base, and an expanding downtown redevelopment zone, Aqua Beach offers an attractive opportunity for hotel investors. Myrtle Beach’s combination of high visitor volume, affordability, and year-round demand drivers makes it a resilient and compelling market.

PROPERTY FACTS

Sale Type Investment
Sale Condition 1031 Exchange
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.66 AC
Building Size 34,113 SF
No. Rooms 60
No. Stories 11
Year Built/Renovated 1986/1991
Tenancy Single
Parking Ratio 1.08/1,000 SF
Corridor Interior
Opportunity Zone Yes
Zoning MU-H A - A

AMENITIES

  • Pool
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 3 $300.00 -
Guest Room 57 $255.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 44401020046
  • 44402010439
Land Assessment
$56,133
Improvements Assessment
$309,058
Total Assessment
$365,191
  • Listing ID: 38142786

  • Date on Market: 10/20/2025

  • Last Updated:

  • Address: 1301 Withers Dr, Myrtle Beach, SC 29577

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