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$466,500

Beds
3
Baths
3.0
sq ft
1,661

501 S Ocean Blvd Unit 1104, North Myrtle Beach, SC 29582

501 S Ocean Blvd Unit 1104

North Myrtle Beach, SC 29582

  • 198 days on market
    • Price drop $400↓
MOTIVATED SELLERS...Owner financing available....Fabulous oceanfront property. - Beautiful direct oceanfront 3-bedroom, 3-bathroom condo in the heart of North Myrtle Beach with a huge beachfront balcony that offers breathtaking panoramic views of the Atlantic Ocean and gorgeous white beaches. Your spacious coastal getaway with an oceanfront master bedroom and family room is designed to provide you with the ultimate vacation lifestyle. Just off the oceanfront family room is a fully equipped kitchen with stainless appliances and granite countertops and laundry area. Your expansive oceanfront balcony is an absolute highlight of this condo with room for your entire party! Start your mornings enjoying the sunrise over the ocean and end your evenings with a refreshing beverage as you listen to the soothing sounds of the waves. But the fun doesn't stop there! This condo complex offers a range of fantastic pools for your enjoyment. Take a dip in the sparkling outdoor pool, unwind in the hot tub, or embark on a relaxing journey down the lazy river. North Myrtle Beach offers plenty of fun activities and attractions. Many within an easy walk of your new property Spend your days golfing, shopping, building sandcastles on the beach, trying out thrilling water sports, or exploring the nearby amusements and mini-golf courses. In the evenings, venture out to experience the vibrant nightlife, with numerous dance clubs, live music venues, and excellent restaurants serving up delicious local cuisine. To make it even better you'll have years of worry free comfort thanks to the new A/C system installed in 2023.

Details

Property type

Condominium

Est. home value

$556,745

Lot size

Unknown

Price per sq ft

$281

Year built

1999

Monthly HOA fee

$1,988

Price History

10/23/2024
MyrtleBeach

MyrtleBeach #2411231

Price change
$466,500
-0.09%
10/18/2024
MyrtleBeach

MyrtleBeach #2411231

Price change
$466,900
-0.43%
09/18/2024
MyrtleBeach

MyrtleBeach #2411231

Price change
$468,900
-2.01%

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

$294,554
Asking price
$466,500
Closing costs (~8% of asking)
-$37,320
Est. remaining loan balance
-$134,626
Cash to seller
$294,554

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

Seller’s Loan History

Lender

Investors Mortgage Company Inc

Loan start date

December 2004

Original loan amount

$250,000

Est. remaining balance

$134,626

Interest rate

5.76%

Loan type

Not Provided, 30 year

Seller

Asha Subhedar and Jayant W Subhedar

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: 11/22/2024 at 8:20 AM

Listing updated: 10/26/2024 at 3:30 PM

Listed by: Ashley Harper, RE/MAX Southern Shores Phone #: (843) 839-0200

MLS: MyrtleBeach #2411231

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