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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

  • 202 days on market
    • Price drop $9,501↓
Experience the charm of The Verandas in North Myrtle Beach, where your ideal oceanfront getaway becomes a reality. This beautifully updated 1-bedroom, 1-bathroom condo is fully furnished and move-in ready, featuring fresh paint, stylish decor, and updated appliances for modern living. Perched on the 8th floor, the condo offers stunning ocean views from the balcony, creating a perfect coastal retreat. With durable tile flooring, brand-new furniture, and an in-unit washer and dryer, this space is designed for both comfort and convenience. The fully equipped kitchen is ready for preparing meals and enjoying quality time with friends and family. The Verandas keeps ownership simple with low HOA dues and provides fantastic amenities, including an oceanfront pool, lazy river, and hot tub. A private walkway gives you direct access to the beach, making it easy to soak up the sun and sea. Situated in the heart of North Myrtle Beach, you'll be close to popular restaurants, shops, golf courses, and entertainment. Whether you're seeking an investment property or a serene second home, The Verandas offers everything you need to embrace the coastal lifestyle. Seize this opportunity to own your piece 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

$398

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

$6,851
Asking price
$199,999
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$177,148
Cash to seller
$6,851

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

$177,148

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: 12/23/2024 at 6:20 AM

Listing updated: 11/20/2024 at 12:00 PM

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

MLS: MyrtleBeach #2413660

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