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$990,000

Beds
7
Baths
6.5
sq ft
3,504

507 S Ocean Blvd Unit 205, North Myrtle Beach, SC 29582

507 S Ocean Blvd Unit 205

North Myrtle Beach, SC 29582

  • 11 days on market
This is a direct oceanfront 7-bedroom/6.5-bathroom condo located in the prestigious Ambassador Villas. This fully-furnished unit has two levels with a large, private balcony on each floor that overlooks the Atlantic Ocean. This expansive property is perfect for gathering with family and friends and even has a dedicated pool table room. The condo features stainless steel appliances and beautiful new LVP flooring throughout. This is a beautifully maintained property that would make a unique vacation spot, investment opportunity, or even residence. Ambassador Villas has unbeatable amenities including a sun deck, a partially covered swimming pool, a hot tub, and a grilling area. Located on the North Myrtle Beach oceanfront, Ambassador Villas is walking distance to many restaurants and is only a short drive away from the shopping and area attractions of the Grand Strand.

Details

Property type

Condominium

Est. home value

$906,254

Lot size

Unknown

Price per sq ft

$283

Year built

2006

Monthly HOA fee

$1,682

Price History

11/08/2024
MyrtleBeach

MyrtleBeach #2425775

Listed
$990,000
-10%
10/18/2024
MyrtleBeach

MyrtleBeach #2419956

Removed
$1,100,000
08/27/2024
MyrtleBeach

MyrtleBeach #2419956

Listed
$1,100,000
+29.41%

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

$302,957
Asking price
$990,000
Closing costs (~8% of asking)
-$79,200
Est. remaining loan balance
-$607,843
Cash to seller
$302,957

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

Seller’s Loan History

Lender

American Security

Loan start date

April 2022

Original loan amount

$637,500

Est. remaining balance

$607,843

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Peter Fusco and Stacey Fusco

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: 11/19/2024 at 4:35 AM

Listing updated: 11/11/2024 at 8:10 AM

Listed by: Adam Levy, Century 21 The Harrelson Group Phone #: (843) 903-3550

MLS: MyrtleBeach #2425775

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