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$240,000

Beds
1
Baths
1.0
sq ft
625

4800 S Ocean Blvd Unit 606, North Myrtle Beach, SC 29582

4800 S Ocean Blvd Unit 606

North Myrtle Beach, SC 29582

  • 26 days on market
Discover the exclusive opportunity to own a corner unit at Beach Cove Resort, the only one available featuring an extra-large window in the living room and an extended balcony. This property is managed off-site by a local company with a strong rental history. Enjoy breathtaking oceanfront views along with vistas of the outdoor pools, tiki bar, and lush tropical landscaping. Located in close proximity to Barefoot Landing, favorite local restaurants, and popular attractions, this unit offers a perfect blend of luxury and convenience. Call to book your private/virtual tour! We are coming into our peak season where these units STAY BOOKED!!!

Details

Property type

Condominium

Est. home value

$222,295

Lot size

Unknown

Price per sq ft

$384

Year built

1985

Monthly HOA fee

$727

Price History

06/09/2024
MyrtleBeach

MyrtleBeach #2413873

Listed
$240,000
+29.03%
01/21/2022
MyrtleBeach

MyrtleBeach #2126673

Sold
$186,000

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North 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

$110,971
Asking price
$240,000
Closing costs (~8% of asking)
-$19,200
Est. remaining loan balance
-$109,829
Cash to seller
$110,971

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

Seller’s Loan History

Lender

United Bank

Loan start date

January 2022

Original loan amount

$127,400

Est. remaining balance

$109,829

Interest rate

2.39%

Loan type

New Conventional, 15 year

Seller

Randy Lee Hughes and Lori Michelle Hughes

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: 07/04/2024 at 11:50 PM

Listing updated: 06/17/2024 at 3:13 PM

Listed by: Kinsie Huskins & Associates, KingOne Properties Phone #: (843) 497-9100

MLS: MyrtleBeach #2413873

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