tomo logo

$212,000

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

  • 164 days on market
Gorgeous one bedroom, one bath, oceanfront condo with kitchenette and living room in Beach Cove Resort. This unit comes fully furnished and is on the fifth floor with beautiful views of all the pools and the beach. Tile and carpet cover the floors. Two beds in primary bedroom with a closet. Bathroom has double sink, vanity, and shower/tub combo. Great investment property, second home, or whatever your heart desires. Beach Cove is located in the Windy Hill section of Myrtle Beach close to Barefoot Landing. HOA includes electricity, internet, water and sewer, trash, and much more. Onsite Amenities include; outdoor pools, indoor pool, hot tub, fitness center, game room, bar and grill, pool/beach bar, parking deck, conference rooms, and immaculate landscaping. Beach Cove is also located near shopping, dining, entertainment, and only steps to enjoying the beach. Square footage is approximate and not guaranteed, buyer is responsible for verification.

Details

Property type

Condominium

Est. home value

$203,948

Lot size

Unknown

Price per sq ft

$333

Year built

1985

Monthly HOA fee

$726

Price History

01/25/2024
MyrtleBeach

MyrtleBeach #2402171

Listed
$212,000
+90.99%
11/20/2020
MyrtleBeach

MyrtleBeach #2018385

Sold
$111,000

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

$149,463
Asking price
$212,000
Closing costs (~8% of asking)
-$16,960
Est. remaining loan balance
-$45,577
Cash to seller
$149,463

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

$45,577

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: 07/07/2024 at 6:45 PM

Listing updated: 01/25/2024 at 4:33 PM

Listed by: The DeForrest Team, BRG Real Estate Phone #: (843) 839-1649

MLS: MyrtleBeach #2402171

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