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$194,500

Beds
1
Baths
1.0
sq ft
525

1105 S Ocean Blvd Unit 724, Myrtle Beach, SC 29577

1105 S Ocean Blvd Unit 724

Myrtle Beach, SC 29577

  • 199 days on market
    • Price drop $500↓
Rare opportunity! This is your chance to own a fully renovated direct oceanfront condo at the highly desired Coral Beach Resort in Myrtle Beach, SC. This 7th floor condo boasts upgrades throughout and even has a private washer/dryer 2-in-1 system! The peaceful balcony is the perfect place to enjoy your morning coffee or evening cocktail and listen to the calming sounds of our beautiful ocean. The condo is located in a well-maintained resort with a plethora of unique amenities! Resort features include a bowling alley, arcade, indoor and outdoor pools, hot tub, lazy river, water park, oceanfront bar & grill, resort store, on-site Starbucks and much more. Currently on a successful rental program with Big Fish Rentals.

Details

Property type

Condominium

Est. home value

$199,004

Lot size

Unknown

Price per sq ft

$371

Year built

1987

Monthly HOA fee

$1,298

Price History

09/06/2024
MyrtleBeach

MyrtleBeach #2407036

Price change
$194,500
-0.26%
08/13/2024
MyrtleBeach

MyrtleBeach #2407036

Price change
$195,000
-1.84%
07/09/2024
MyrtleBeach

MyrtleBeach #2407036

Price change
$198,650
-0.13%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

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

$24,849
Asking price
$194,500
Closing costs (~8% of asking)
-$15,560
Est. remaining loan balance
-$154,091
Cash to seller
$24,849

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

May 2022

Original loan amount

$160,400

Est. remaining balance

$154,091

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

John C Englert and Amanda Englert

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: 10/05/2024 at 8:45 PM

Listing updated: 09/06/2024 at 8:08 AM

Listed by: Clayton Hucks, MB Premier Properties Phone #: (843) 385-3031

MLS: MyrtleBeach #2407036

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