tomo logo

$1,499,000

Beds
8
Baths
5.0
sq ft
3,542

416 27th Ave N, North Myrtle Beach, SC 29582

416 27th Ave N

North Myrtle Beach, SC 29582

  • 454 days on market
    • Price drop $100,000↓
Welcome to the Palmetto Breeze located in the popular Cherry Grove section of North Myrtle Beach! This three story raised beach home overlooks the beautiful marsh and provides extraordinary views. Just a short walk directly to the Atlantic Ocean. Turnkey vacation rental home, this property is sold fully furnished with all contents and is ready to continue as a successful holiday home. The home has a spacious feel with eight bedrooms and five baths and features high ceilings, large bathrooms and tons of natural light. The property was fully renovated in 2017. A new kitchen was added with fresh white cabinetry, quartzite countetops, stainless appliances and new plumbing fixtures. All bathrooms have new vanities, countertops and plumbing fixtures. LVP flooing was installed throughout as well as new lighting. The home is set up to sleep 24 guests with three king beds, 4 queen beds and five fulls. Most recently, some of the bedding has been refreshed along with some new lighting fixtures and furniture. Blackout cellular shades were just installed as well. A new roof was just installed and all four HVAC systems were replaced within the past four years. Smart features include WiFi door locks, two Ring cameras and all Sensi WiFi thermostats. Outside, the 2017 renovation included the following, the pool was re-plastered, new fencing was added along with a new bulkhead on the marsh. A paver patio and new pool coping was installed. All new pool equipment was added as well. Low maintenance landscaping includes all hard scaping with white river rock and very little grass. This home is fully raised and is supported by all concrete/stucco pilings (no wood). The Palmetto Breeze is a popular rental with impressive rental income. The home offers guests a luxury rental experience with plenty of space to enjoy a beach vacation. Don't miss this great opportunity and schedule your showing today! All information is deemed reliable, buyer is responsible for all verification.

Details

Property type

Single Family Residence

Est. home value

$1,788,002

Lot size

4,792 sq ft

Price per sq ft

$424

Year built

2003

HOA

Yes

Price History

08/04/2024
MyrtleBeach

MyrtleBeach #2319499

Price change
$1,499,000
-6.25%
07/21/2024
MyrtleBeach

MyrtleBeach #2319499

Listed
$1,599,000
06/02/2024
MyrtleBeach

MyrtleBeach #2319499

Removed
$1,599,000

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

Coastal Carolina National Bank

Loan start date

August 2019

Original loan amount

$125,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Bungalow 27 Llc

Lender

Coastal Carolina National Bank

Loan start date

November 2017

Original loan amount

$320,000

Est. remaining balance

Not provided

Interest rate

4.5%

Loan type

New Conventional, 30 year

Seller

Bungalow 27 Llc

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?

Similar Homes Nearby

Price drop
MyrtleBeach
$1,653,000
6 bd
|
5.5 ba
|
5,402 sq ft
|
House

429 Ocean Pointe Ct, North Myrtle Beach, SC 29582

MyrtleBeach
$1,389,900
5 bd
|
5.5 ba
|
2,772 sq ft
|
House

204 24th Ave N, North Myrtle Beach, SC 29582

Price drop
MyrtleBeach
$1,329,000
4 bd
|
3.5 ba
|
2,940 sq ft
|
House

427 Ocean Pointe Ct, North Myrtle Beach, SC 29582

Status: Active

Tomo last checked: 12/23/2024 at 12:25 AM

Listing updated: 12/05/2024 at 9:33 PM

Listed by: Blanche Welborn, INNOVATE Real Estate Phone #: (843) 839-3325

MLS: MyrtleBeach #2319499

MyrtleBeach logo