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$190,500

Beds
1
Baths
1.0
sq ft
693

504 N Ocean Blvd Unit 810, Myrtle Beach, SC 29577

504 N Ocean Blvd Unit 810

Myrtle Beach, SC 29577

  • Pending
    • Price drop $2,000↓
This large corner unit at Bay View Resort boasts two balconies, offering stunning views of the Atlantic Ocean and the bustling Boulevard, with vistas extending southward. Nestled in the heart of Myrtle Beach, the unit features two double beds, a full pull-out sofa, a living room, a full kitchen, and an HVAC system replaced in 2021. It produces above-average income, making it an attractive investment. Conveniently located within walking distance of iconic attractions like the SkyWheel and 2nd Avenue Pier, along with a variety of restaurants and nightlife, Bay View Resort also provides immediate access to the lively Myrtle Beach Boardwalk. Enjoy the resort's extensive amenities, including indoor and outdoor pools, a lazy river, Jacuzzi, life-sized chess and checkers, shuffleboard, and an onsite Starbucks. Meticulously maintained and offering immense potential as a second home or investment opportunity, this unit is a must-see gem awaiting discovery.

Details

Property type

Condominium

Est. home value

$197,159

Lot size

Unknown

Price per sq ft

$275

Year built

2007

Monthly HOA fee

$751

Price History

09/25/2024
MyrtleBeach

MyrtleBeach #2403581

Pending
$190,500
05/06/2024
MyrtleBeach

MyrtleBeach #2403581

Price change
$190,500
-1.04%
02/12/2024
MyrtleBeach

MyrtleBeach #2403581

Listed
$192,500
+63.14%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

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

$98,646
Asking price
$190,500
Closing costs (~8% of asking)
-$15,240
Est. remaining loan balance
-$76,614
Cash to seller
$98,646

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

Seller’s Loan History

Lender

United Bank

Loan start date

June 2021

Original loan amount

$94,400

Est. remaining balance

$76,614

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Jeffrey Glenn and Jacqueline Glenn

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: Pending/Under Contract

Tomo last checked: 10/05/2024 at 9:10 PM

Listing updated: 09/25/2024 at 10:18 AM

Listed by: Christopher Baisden, Ocean Front Guru Real Estate Phone #: (843) 839-5200

MLS: MyrtleBeach #2403581

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