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$175,000

Beds
1
Baths
1.0
sq ft
637

4800 S Ocean Blvd Unit 618, North Myrtle Beach, SC 29582

4800 S Ocean Blvd Unit 618

North Myrtle Beach, SC 29582

  • 105 days on market
    • Price drop $22,000↓
Welcome to your coastal paradise at Beach Cove Resort in North Myrtle Beach! This direct oceanfront 1 bed, 1 bath condo offers an unparalleled beachfront lifestyle with numerous upgrades and endless potential. As you step inside, you'll immediately notice the luxury vinyl plank flooring that spans throughout the unit, providing both durability and elegance. The kitchen boasts modern black appliances, granite countertops, a beautiful backsplash, and upgraded cabinets, creating a stylish and functional space for culinary endeavors. Enjoy your meals with a view of the ocean from the comfort of your own dining area. The bedroom features a serene atmosphere with ample natural light and offers a retreat-like ambiance. The bathroom is upgraded with granite countertops, double sinks, tile flooring, and a tub/shower combination, perfect for unwinding after a day of beach activities. This condo is not only a luxurious retreat but also a lucrative investment opportunity. With its status as a rental machine, it presents the flexibility to be used as a second home or a short-term rental, capitalizing on North Myrtle Beach's thriving rental market. Whether you're seeking a vacation rental investment, a second home, or a full-time residence, this condo offers versatility and potential. The Beach Cove Resort's central location puts you just moments away from Barefoot Resort, top-notch restaurants, world-class golf courses, Barefoot Landing and an array of shopping options. With the beach as your backyard and the Grand Strand's endless attractions at your doorstep, every day is filled with adventure and relaxation. Don't let this opportunity slip away. Schedule your showing today and seize the chance to make this oceanfront dream your reality. Experience luxury, convenience, and the ultimate beachfront lifestyle at Beach Cove Resort.

Details

Property type

Condominium

Est. home value

$230,396

Lot size

Unknown

Price per sq ft

$275

Year built

1985

Monthly HOA fee

$690

Price History

06/25/2024
MyrtleBeach

MyrtleBeach #2407239

Price change
$175,000
-11.17%
05/20/2024
MyrtleBeach

MyrtleBeach #2407239

Price change
$197,000
-3.9%
03/22/2024
MyrtleBeach

MyrtleBeach #2407239

Listed
$205,000
-2.33%

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North 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

-$8,109
Asking price
$175,000
Closing costs (~8% of asking)
-$14,000
Est. remaining loan balance
-$169,109
Cash to seller
-$8,109

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

Seller’s Loan History

Lender

Lendsure Mortgage

Loan start date

August 2022

Original loan amount

$173,250

Est. remaining balance

$169,109

Interest rate

5.81%

Loan type

New Conventional, 30 year

Seller

Christopher Scott Morehouse and Anastasia Pennington

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 11:15 PM

Listing updated: 06/25/2024 at 9:03 AM

Listed by: Lawrence "Lance" Stopper, Century 21 Stopper &Associates Phone #: (843) 685-2751

MLS: MyrtleBeach #2407239

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