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$1,300,000

Beds
6
Baths
4.0
sq ft
2,304

1420 S Ocean Blvd, North Myrtle Beach, SC 29582

1420 S Ocean Blvd

North Myrtle Beach, SC 29582

  • 124 days on market
    • Price drop $419,500↓
MOTIVATED SELLER. Coral Palms represents an investor's ideal opportunity on S Ocean Boulevard in the Crescent Beach section of North Myrtle Beach. This charming two-story home has a total of 6BR and 4BA with impressive upgrades, situated across the street from the ocean with a wonderful ocean view. The seller resides on the first floor unit and successfully rents the second floor unit through Airbnb & VRBO. As an Airbnb host, seller has over 130 5 Star Reviews and is rated a Super Host. On VRBO, Coral Palms is a premium listing as well as owner is Premier Host. The stunning first-floor unit features 2 bedrooms and 2 bathrooms, a newly installed sunroom with a view of the pool, a fully remodeled kitchen, waterproof LVP flooring throughout, new ceiling fans, plantation shutters, an upgraded master bathroom with a walk-in shower, and a versatile room presently serving as an office. The incredible kitchen features a grand custom work island topped with an exquisite piece of granite, double drain board kitchen sink, all new Stainless Steel appliances, Magic Chef Beverage Refrigerator that holds 48 bottles or cans and custom cabinetry. The second-floor unit boasts a stunning coastal theme and being sold furnished with a few exceptions. There is 4 bedrooms and 2 bathrooms, an efficiency kitchen, laminate flooring, and plantation shutters. All bed linens, towels pillows, extra towels for the pool convey. Inquire with your agent for a comprehensive list of included items. Both levels offer expansive front and back porches. The second floor front & back porch furniture conveys. In the private fenced backyard is an amazing over-sized, in-ground 16 X 32 pool and Hot Springs Tub for 8 people! The private pool deck is excellent for entertainment and serves as the ideal conclusion to a day at the beach. The pool deck has been treated with Kool Deck, a premier heat reducing surface protection. All the pool furniture is included. There are three sheds for ultimate storage, the largest shed has a workshop & electricity, and natural gas line linked to gas grill. All three HVAC units replaced in 2023; roof was replaced in 2018 & new vinyl siding added in 2023. Coral Palms is located within walking distance to convenience stores, restaurants, the OD Pavilion Arcade/Amusement Park and just a short drive to the entertainment & restaurants on Main St, North Myrtle Beach, Barefoot Landing, Tanger Outlets and first-class golf courses.

Details

Property type

Single Family Residence

Est. home value

$794,915

Lot size

7,405 sq ft

Price per sq ft

$565

Year built

1960

HOA

Yes

Price History

09/20/2024
MyrtleBeach

MyrtleBeach #2419351

Price change
$1,300,000
-24.4%
09/02/2024
MyrtleBeach

MyrtleBeach #2419351

Price change
$1,719,500
-4.21%
08/20/2024
MyrtleBeach

MyrtleBeach #2419351

Listed
$1,795,000

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

Seller’s Loan History

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

Lender

Rocket Mortgage

Loan start date

December 2022

Original loan amount

$498,700

Est. remaining balance

$488,103

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Dwight W Knopff

Lender

Rocket Mortgage

Loan start date

January 2022

Original loan amount

$372,600

Est. remaining balance

$349,608

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Dwight W Knopff

Lender

Quicken Loans

Loan start date

April 2021

Original loan amount

$323,660

Est. remaining balance

$298,672

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Dwight W Knopff

Lender

South Atlantic Bank

Loan start date

November 2019

Original loan amount

$250,000

Est. remaining balance

$224,008

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Dwight W Knopff

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?

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Status: Active

Tomo last checked: 12/22/2024 at 4:20 PM

Listing updated: 12/05/2024 at 9:34 PM

Listed by: Ryan Korros Team, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2419351

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