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$129,900

Beds
Unknown
Baths
1.0
sq ft
341

1605 S Ocean Blvd Unit 906, Myrtle Beach, SC 29577

1605 S Ocean Blvd Unit 906

Myrtle Beach, SC 29577

  • 237 days on market
    • Price drop $5,000↓
This beautiful ocean view studio condo offers gorgeous views of the Atlantic from the ninth floor. This is a turn-key, lovely unit that comes furnished and features a separate sleeping area, tiled floors and a kitchen with a breakfast bar. Whether you're looking for a vacation home or an investment property, this condo is an opportunity that shouldn't be missed. Take advantage of The Palace Resort's amazing amenities. The resort features indoor and outdoor pools and hot tubs, a sauna and steam room, a fitness center, restaurant, lounge, and a putting green. It also features The H2Oasis Waterpark right on the premises. The Palace Resort provides everything one could wish for and is close to local restaurants and entertainment as well.

Details

Property type

Condominium

Est. home value

$147,951

Lot size

Unknown

Price per sq ft

$381

Year built

1986

Monthly HOA fee

$455

Price History

06/03/2024
MyrtleBeach

MyrtleBeach #2401179

Price change
$129,900
-3.71%
01/15/2024
MyrtleBeach

MyrtleBeach #2401179

Listed
$134,900
+79.87%
05/14/2020
MyrtleBeach

MyrtleBeach #2006388

Sold
$75,000

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

$110,633
Asking price
$129,900
Closing costs (~8% of asking)
-$10,392
Est. remaining loan balance
-$8,875
Cash to seller
$110,633

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

Seller’s Loan History

Lender

Coastal Motion Properties

Loan start date

May 2020

Original loan amount

$55,000

Est. remaining balance

$8,875

Interest rate

3.5%

Loan type

New Conventional, 5 year

Seller

Donald Ray Hicks

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: 09/07/2024 at 9:15 PM

Listing updated: 08/14/2024 at 1:17 PM

Listed by: Adam Levy, Century 21 The Harrelson Group Phone #: (843) 903-3550

MLS: MyrtleBeach #2401179

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