Aqua Beach Inn - Steps from the Iconic SkyWheel and Boardwalk
1301 Withers Drive, Myrtle Beach, SC 29577Sale Type
Traditional Listing
List Price
$5,499,000
- Property Type
- Hospitality
- Year Built
- 1986
- Square Feet
- 34,113








Sale Type
Traditional Listing
List Price
$5,499,000
- Property Type
- Hospitality
- Year Built
- 1986
- Square Feet
- 34,113
Overview
Facts
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.
- Located in the highest foot-traffic section of the boardwalk (SkyWheel / Ripley’s / restaurants), supporting transient ADR and year round occupancy
- Opportunity Zone + Irreplaceable location with high-rise ocean views directly across from the SkyWheel & Boardwalk
- Two parcels: 0.36 AC + 0.26 AC parking lot which is rare in downtown Myrtle Beach.
- Renovated hotel lobby & guest rooms, new hot water heaters & pumps,2/3 of the PTAC's replaced, new awning, interior/exterior paint & updated elevator.
- Each guest room has a fully equipped kitchen, with full size refrigerator, 2 burner stove top & microwave.
- Recent renovations reduce near-term CapEx exposure and provide a strong operational foundation.
- Asset Type
- Extended Stay · Hospitality
- Year Built
- 1986
- Building Class
- Upscale
- Building Size
- 34,113 SF
- Lot Size
- .39
- Zoning
- MU-H A
- Parcel
- 44402010439
