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$199,999

Beds
1
Baths
1.0
sq ft
586

501 S Ocean Blvd Unit 808, North Myrtle Beach, SC 29582

501 S Ocean Blvd Unit 808

North Myrtle Beach, SC 29582

  • 171 days on market
    • Price drop $9,501↓
Discover the allure of The Verandas in North Myrtle Beach ? your dream oceanfront retreat awaits! This fully furnished, 1 bedroom, 1 bathroom condo has been beautifully updated with fresh paint, modern furnishings, and new appliances for maximum comfort and style. Enjoy breathtaking ocean views from your 8th-floor balcony, creating the ultimate coastal haven. Tile flooring throughout, new furniture, and an in-unit washer/dryer make life a breeze. The kitchen is fully equipped, perfect for cooking delicious meals while enjoying the company of loved ones. Low HOA fees ensure worry-free ownership. The Verandas offers an oceanfront outdoor pool, lazy river, and hot tub for ultimate relaxation. Just steps away, a private walkway leads you to the beach for endless adventures. Located in the heart of North Myrtle Beach, you'll be close to renowned dining, shopping, golf courses, and entertainment. Whether you're looking for an investment opportunity or a second home by the beach, The Verandas has it all. Don't miss this chance to own a slice of paradise!

Details

Property type

Condominium

Est. home value

$217,879

Lot size

Unknown

Price per sq ft

$342

Year built

1999

Monthly HOA fee

$678

Price History

08/13/2024
MyrtleBeach

MyrtleBeach #2413660

Price change
$199,999
-4.54%
06/04/2024
MyrtleBeach

MyrtleBeach #2413660

Listed
$209,500
+5.28%
05/05/2024
MyrtleBeach

MyrtleBeach #2402716

Removed
$199,000

Schools & Community

Elementary school: 

Ocean Drive Elementary

Middle school: 

North Myrtle Beach Middle School

High school: 

North Myrtle Beach High School

Community features: 

Pool

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

$6,676
Asking price
$199,999
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$177,323
Cash to seller
$6,676

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

Seller’s Loan History

Lender

Fairway Independent Mortgage

Loan start date

July 2023

Original loan amount

$180,000

Est. remaining balance

$177,323

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Peter E Acuria and Johanna R Acuria

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 7:50 AM

Listing updated: 11/06/2024 at 11:50 AM

Listed by: Elizabeth Shannon Dial, BHHS Myrtle Beach Real Estate Phone #: (843) 449-9444

MLS: MyrtleBeach #2413660

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