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$219,900

Beds
1
Baths
1.0
sq ft
607

2201 S Ocean Blvd Unit 805, Myrtle Beach, SC 29577

2201 S Ocean Blvd Unit 805

Myrtle Beach, SC 29577

  • 33 days on market
Welcome to Unit #805 at Paradise Resort—where you’ll find yourself wondering, “Am I in paradise or at a resort?” The answer is both. This eighth floor-level, one-bedroom, one-bathroom oceanfront condo features recent updates and offers two distinct views: a sweeping ocean vista and a striking wall mural that adds a bold artistic accent to the space. Additionally, this unit generates impressive gross income numbers, making it a must see on your beach investment tour. Information and measurements provided are estimated and should be verified by the buyer or buyer’s agent.

Details

Property type

Condominium

Est. home value

$229,140

Lot size

Unknown

Price per sq ft

$363

Year built

2006

Monthly HOA fee

$641

Price History

02/28/2025
MyrtleBeach

MyrtleBeach #2505012

Listed
$219,900
-1.83%
01/29/2025
MyrtleBeach

MyrtleBeach #2407470

Removed
$224,000
01/09/2025
MyrtleBeach

MyrtleBeach #2407470

Price change
$224,000
-2.18%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool

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

$39,275
Asking price
$219,900
Closing costs (~8% of asking)
-$17,592
Est. remaining loan balance
-$163,033
Cash to seller
$39,275

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

Seller’s Loan History

Lender

Northpointe Bank

Loan start date

June 2022

Original loan amount

$169,875

Est. remaining balance

$163,033

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Horizons Mermaid

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: 04/02/2025 at 8:30 PM

Listing updated: 03/21/2025 at 11:46 AM

Listed by: Jay Gray, Keller Williams Innovate South Phone #: (843) 443-9400

MLS: MyrtleBeach #2505012

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