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$302,174Estimated home value

Beds
2
Baths
2.0
sq ft
860

5000 N Ocean Blvd Unit B-1, North Myrtle Beach, SC 29582

5000 N Ocean Blvd Unit B-1

North Myrtle Beach, SC 29582

  • Sold On 1/4/2023
Looking for a TRUE first floor condo in the desirable Cherry Grove Beach section of North Myrtle Beach? Offering the convenience of being just steps to the beach and parking, this fully equipped 2 Bedroom 2 Bath condo is ready for the 2022 season! This oceanfront building with only 24 condos was remodeled in 2019 - 2020 with a new roof, gutters, balconies, siding, and windows! Finestere is becoming a desired location for many permanent residents, yet still appeals to the second homeowner and investor! Call today to see!

Details

Property type

Condominium

Est. home value

$302,174

Lot size

Unknown

Price per sq ft

$268

Year built

1978

Monthly HOA fee

$550

Price History

03/12/2025
MyrtleBeach

MyrtleBeach #2408259

Removed
$279,900
01/10/2025
MyrtleBeach

MyrtleBeach #2408259

Price change
$279,900
-6.67%
10/05/2024
MyrtleBeach

MyrtleBeach #2408259

Listed
$299,900

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

$16,954
Asking price
$229,900
Closing costs (~8% of asking)
-$18,392
Est. remaining loan balance
-$194,554
Cash to seller
$16,954

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

Seller’s Loan History

Lender

Bayshore Mortgage Funding

Loan start date

March 2022

Original loan amount

$207,000

Est. remaining balance

$194,554

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Tyler Thomas Peery

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?

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4800 N Ocean Blvd Unit 2-B, North Myrtle Beach, SC 29582

Status: Off Market

Tomo last checked: 04/03/2025 at 10:05 PM

Listing updated: 05/22/2024 at 2:19 AM

Listed by: Sue Tanner, Realty ONE Group DocksideNorth Phone #: (843) 663-4030

MLS: MyrtleBeach #2201388

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