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$148,000

Beds
1
Baths
1.0
sq ft
643

1105 S Ocean Blvd Unit 1224, Myrtle Beach, SC 29577

1105 S Ocean Blvd Unit 1224

Myrtle Beach, SC 29577

  • 35 days on market
PENTHOUSE DIRECT OCEANFRONT 1 bedroom 1 bathroom for sale at the popular Coral Beach Resort. 2023 Readers Choice Awards winner for Best Oceanfront Hotel/Best Waterfront Hotel, and a finalist for Best Luxury Hotel. Conveniently located on 11th Avenue South & Ocean Boulevard, Coral Beach Resort is within walking distance of Family Kingdom, the boardwalk, and lots of shopping & dining options. This premier oceanfront resort is also just a short drive from Market Commons, Coastal Grand Mall, and the Myrtle Beach airport. There are an abundance of on-site amenities that keeps owners and guests coming back year after year. On-site amenities include: the Atlantis Restaurant, Splash Oceanfront Bar & Grill, indoor/outdoor pools, children's splash zone, hot tubs, Coral Bean Cafe, fitness center, business center, resort gift shop, and the ocean 6 bar and lounge. Coral Beach Resort also features an on-site entertainment center like you have never seen before, complete with a bowling alley, concessions, and lots of arcade games. If you are looking for an oceanfront building with the top amenities - then look no further because Coral Beach Resort has it all. Unit 1224 is located on the 12th floor close to the elevators. Not only is this a premium penthouse unit (nobody above you) but these units are also slightly larger than the standard 1 bedrooms units. Walking through the front door, you enter through the bedroom which features two queen beds, flat screen TV, and tastefully furnished. In the middle of the unit there is a galley style kitchen with black appliances, countertops with matching backsplash, and plenty of upgraded cabinet space. Across from the kitchen is the full bathroom equipped with a granite counter single bowl vanity and tub/shower. The large living room features unbeatable views of the oceanfront (private balcony), flat screen TV, dining area, private owners closet, full size couch and a murphy bed to sleep additional guests. This unit features a strong rental history and would make for a great secondary/investment property.

Details

Property type

Condominium

Est. home value

$169,595

Lot size

Unknown

Price per sq ft

$231

Year built

1987

Monthly HOA fee

$1,298

Price History

06/03/2024
MyrtleBeach

MyrtleBeach #2413282

Listed
$148,000
+12.12%
12/17/2021
MyrtleBeach

MyrtleBeach #2124890

Sold
$132,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$47,344
Asking price
$148,000
Closing costs (~8% of asking)
-$11,840
Est. remaining loan balance
-$88,816
Cash to seller
$47,344

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2021

Original loan amount

$93,750

Est. remaining balance

$88,816

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Cindie Desimone

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/07/2024 at 8:10 PM

Listing updated: 06/05/2024 at 11:14 AM

Listed by: Jerry Pinkas Team, Jerry Pinkas R E Experts Phone #: (843) 839-9870

MLS: MyrtleBeach #2413282

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