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$259,900

Beds
1
Baths
1.5
sq ft
858

501 S Ocean Blvd Unit 1103, North Myrtle Beach, SC 29582

501 S Ocean Blvd Unit 1103

North Myrtle Beach, SC 29582

  • 7 days on market
Wake up to breathtaking ocean views in this beautifully updated fully furnished turn key oceanfront condo! Perfect for a primary residence, vacation getaway, or investment property, this unit offers modern upgrades and amenities for the ultimate coastal lifestyle. This spacious one-bedroom, one-and-a-half-bath features brand new sleeper sofa and loveseat, updated kitchen with stainless steel appliances, half bath for guests and a private balcony to enjoy sunrises and ocean breezes. New power roller shades in living area have been installed along with many updates in full and half bath as well. This beautiful unit is not on a rental program which makes it very easy to come and see. The popular Verandas is located just blocks from Main Street in North Myrtle Beach where you are guaranteed to enjoy great restaurants ,shopping, and lots of entertainment. Summer is around the corner so don’t miss this opportunity to wake up to the sound of the waves every day. .

Details

Property type

Condominium

Est. home value

$321,396

Lot size

Unknown

Price per sq ft

$303

Year built

1999

Monthly HOA fee

$578

Price History

04/03/2025
MyrtleBeach

MyrtleBeach #2508430

Listed
$259,900
+20.88%
09/23/2024
MyrtleBeach

MyrtleBeach #2410287

Sold
$215,000
-15.65%
08/27/2024
MyrtleBeach

MyrtleBeach #2410287

Pending
$254,900

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

$213,180
Asking price
$259,900
Closing costs (~8% of asking)
-$20,792
Est. remaining loan balance
-$25,928
Cash to seller
$213,180

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

Seller’s Loan History

Lender

Synovus Mtg Inc

Loan start date

July 2001

Original loan amount

$63,000

Est. remaining balance

$25,928

Interest rate

7.14%

Loan type

Not Provided, 30 year

Seller

Donald M Preiss and Jane A Preiss

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: 04/10/2025 at 7:05 AM

Listing updated: 04/07/2025 at 12:21 PM

Listed by: The TJ O'Brien Team, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2508430

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