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$84,995

Beds
Unknown
Baths
1.0
sq ft
360

1501 S Ocean Blvd Unit 516, Myrtle Beach, SC 29577

1501 S Ocean Blvd Unit 516

Myrtle Beach, SC 29577

  • 80 days on market
    • Price drop $5↓
Beautiful efficiency size condo at Oceanfront Landmark Resort located on the in Myrtle Beach. Great STR investment for short term rental. Onsite at the resort is a WATERPARK, indoor and outdoor LAZY RIVERS, indoor and outdoor LARGE pools, HOT TUBS, SAUNA, GYM, an ARCADE, and RESTAURAUNTS. The HOA fee also includes electric, water & sewer, trash pickup, elevator & pool service, insurance, and pest control. It is just a short drive to everything Myrtle Beach has to offer including Myrtle Beach International Airport, Broadway At The Beach, The Market Common, Coastal Grande Mall, 2-Tanger Outlets, Barefoot Resort, and Coastal Carolina University (CCU), marinas, public docks, landings, restaurants, golf courses, shops, entertainment. Also, only 90 miles south to beautiful Charleston, SC.

Details

Property type

Condominium

Est. home value

$104,450

Lot size

Unknown

Price per sq ft

$237

Year built

1973

Monthly HOA fee

$391

Price History

03/10/2025
MyrtleBeach

MyrtleBeach #2501137

Listed
$84,995
03/10/2025
MyrtleBeach

MyrtleBeach #2501137

Removed
$84,995
02/13/2025
MyrtleBeach

MyrtleBeach #2501137

Price change
$84,995
-0.01%

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

$26,702
Asking price
$84,995
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$51,493
Cash to seller
$26,702

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

Seller’s Loan History

Lender

Carolinas Telco Federal Credit Union

Loan start date

March 2022

Original loan amount

$62,400

Est. remaining balance

$51,493

Interest rate

2.62%

Loan type

New Conventional, 15 year

Seller

Michael S Huneycutt and Lauren Zimmer

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: 04/03/2025 at 2:30 PM

Listing updated: 03/11/2025 at 2:22 AM

Listed by: Radha Herring, Watermark Real Estate Group Phone #: (843) 314-4284

MLS: MyrtleBeach #2501137

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