tomo logo

$352,900

Beds
1
Baths
1.0
sq ft
746

5300 N Ocean Blvd Unit 1005, Myrtle Beach, SC 29577

5300 N Ocean Blvd Unit 1005

Myrtle Beach, SC 29577

  • 55 days on market
This property has it all, ocean views, great location, and award winning amenities. This is a highly sought-after rental unit with excellent rental history. This amazing unit features two queen beds in the bedroom, a Murphy bed and a sofa sleeper in the living room, allowing 8 to sleep comfortably. A full kitchen offers a range, microwave, full size refrigerator, dishwasher, garbage disposal and granite counter tops. Two televisions, washer and dryer in the unit plus, and a large private storage closet, make this a true home away from home. Looking for an oceanfront investment property or second home? Then look no further. The award-winning resort features amenities that includes two indoor water parks, with pools, lazy rivers, hot tubs, kids splash and play areas plus four indoor waterslides. The fun continues with a year-round activities department, tennis courts, basketball courts, beach volleyball court, Putt Putt course and a NEW playground for 2019. While the family enjoys the water parks, relax and get a massage in the onsite Spa or workout in the exercise room. The resort also offers two restaurants, a full bar, and Coffee Shop featuring Starbucks coffee. The Dunes Village Resort has been awarded the #1 family resort in Myrtle Beach, as well as the #4 family resort in the entire U.S by the Today Show and TripAdvisor. If you ever find time to leave this amazing property you will find many of Myrtle Beach's top attractions, restaurants, and dining within a short drive. Don't miss out on this property. Make sure you call today for a showing. All showings must be accompanied by an active SC licensee.

Details

Property type

Condominium

Est. home value

$316,645

Lot size

Unknown

Price per sq ft

$474

Year built

2006

Monthly HOA fee

$1,085

Price History

02/06/2025
MyrtleBeach

MyrtleBeach #2503018

Listed
$352,900
+50.17%
06/02/2021
MyrtleBeach

MyrtleBeach #2026466

Sold
$235,000
+11.9%
10/17/2014
MyrtleBeach

MyrtleBeach #1417229

Sold
$210,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse, Tennis Court(s)

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

$187,736
Asking price
$352,900
Closing costs (~8% of asking)
-$28,232
Est. remaining loan balance
-$136,932
Cash to seller
$187,736

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

$176,250

Est. remaining balance

$136,932

Interest rate

2.35%

Loan type

New Conventional, 15 year

Seller

Timothy J Reed and Kimberly Sue Reed

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: 04/02/2025 at 8:25 PM

Listing updated: 02/09/2025 at 10:50 AM

Listed by: Tim Harvey Team, The Hoffman Group Phone #: (843) 848-8900

MLS: MyrtleBeach #2503018

MyrtleBeach logo