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$240,000

Beds
1
Baths
1.0
sq ft
600

2311 S Ocean Blvd Unit 1125, Myrtle Beach, SC 29577

2311 S Ocean Blvd Unit 1125

Myrtle Beach, SC 29577

  • 1 day on market
Rare High-Floor Corner Unit in the Mariner Building at Compass Cove Resort. Opportunities like this are hard to find! This stunning north-end corner unit is one of the most sought-after floor plans, featuring two oversized bay windows with sweeping city views and a private balcony overlooking the Atlantic Ocean. What sets the 25-stack apart is its unique design, offering extra windows, expansive floor-to-ceiling glass balcony doors, central heating and air, and an extra-large balcony perfect for enjoying the coastal breeze. Currently setup to sleep 6. 1 King Bed, 1 Murphy Bed, and 1 Sleeper Sofa. This meticulously updated one-bedroom unit boasts new furniture, a king-size bed, and shiplap accents on the walls. The custom tile floors and a beautifully designed rock-tile fireplace with an extendable TV add a touch of luxury and comfort. The kitchen is fully equipped with granite countertops, a range, a brand-new stainless steel refrigerator, a dishwasher, and a rare washer/dryer combo. Having both a dishwasher and in-unit laundry in a one-bedroom unit is an exceptional find. Compass Cove Resort offers an array of amenities, including multiple pools, hot tub, lazy river, and endless entertainment options, all within minutes of the airport, Market Common, and Myrtle Beach's best attractions. This is your chance to own a rare and highly desirable property in a prime location. Don’t let this gem slip away!

Details

Property type

Condominium

Est. home value

$250,383

Lot size

Unknown

Price per sq ft

$400

Year built

2001

Monthly HOA fee

$785

Price History

12/28/2024
MyrtleBeach

MyrtleBeach #2428737

Listed
$240,000
+17.07%
05/30/2023
MyrtleBeach

MyrtleBeach #2307123

Sold
$205,000
+99.03%
04/08/2016
MyrtleBeach

MyrtleBeach #1520696

Sold
$103,000

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

$77,181
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$143,619
Cash to seller
$77,181

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

Seller’s Loan History

Lender

American Heritage Lending

Loan start date

May 2023

Original loan amount

$146,370

Est. remaining balance

$143,619

Interest rate

6.28%

Loan type

New Conventional, 30 year

Seller

Andrew Helm

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: 12/29/2024 at 12:45 AM

Listing updated: 12/28/2024 at 8:45 AM

Listed by: Leverage Real Estate Team, eXp Realty LLC Phone #: (888) 440-2798

MLS: MyrtleBeach #2428737

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