tomo logo

$179,900

Beds
1
Baths
1.0
sq ft
637

4800 S Ocean Blvd Unit 516, North Myrtle Beach, SC 29582

4800 S Ocean Blvd Unit 516

North Myrtle Beach, SC 29582

  • 124 days on market
You will love this 1BR-1BA Oceanfront Condo at Beach Cove Resort, North Myrtle Beach. This unit can be used as a great beach getaway and/or investment property. The balcony boasts breathtaking views of the sunrise and the ocean throughout the day, as well as an excellent overlook of the pool area. This property is sold fully furnished, featuring an updated kitchen and easy-care tile floors in the hallway and main living area. The bedroom includes two queen beds, and the bathroom offers a double sink vanity along with a shower/tub combination. Beach Cove is situated in the Windy Hill area of North Myrtle Beach, with Barefoot Landing just across Kings Hwy/Route 17. Barefoot Landing has everything you may want, a variety of restaurants, plethora of shopping and great entertainment. The monthly HOA fee includes electricity, internet, cable TV, water and sewer, trash, pool service, security, grounds maintenance and pest control. Amenities include outdoor & indoor pools, hot tub, fitness center, game room, tiki hut bar and grill, pool/beach bar, conference rooms, and plush landscaping.

Details

Property type

Condominium

Est. home value

$203,948

Lot size

Unknown

Price per sq ft

$283

Year built

1985

Monthly HOA fee

$726

Price History

08/21/2024
MyrtleBeach

MyrtleBeach #2419454

Listed
$179,900
-15.14%
07/26/2024
MyrtleBeach

MyrtleBeach #2402171

Removed
$212,000
01/25/2024
MyrtleBeach

MyrtleBeach #2402171

Listed
$212,000
+90.99%

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

$126,325
Asking price
$179,900
Closing costs (~8% of asking)
-$14,392
Est. remaining loan balance
-$39,183
Cash to seller
$126,325

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

Seller’s Loan History

Lender

South Atlantic Bank

Loan start date

November 2020

Original loan amount

$88,800

Est. remaining balance

$39,183

Interest rate

2.88%

Loan type

New Conventional, 7 year

Seller

Gpg Bc1 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?

Status: Active

Tomo last checked: 12/23/2024 at 3:05 AM

Listing updated: 10/17/2024 at 2:15 PM

Listed by: Ryan Korros Team, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2419454

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