tomo logo

$649,900

Beds
4
Baths
3.0
sq ft
1,456

5308 N Ocean Blvd Unit 701, Myrtle Beach, SC 29577

5308 N Ocean Blvd Unit 701

Myrtle Beach, SC 29577

  • 46 days on market
Rare Four-bedroom Three-bathroom direct oceanfront condo at Beach Colony on the 7th floor. This unit has INCREDIBLE rental projections and there are only 7 floor plans like this one in the entire building. This unit includes LVP flooring, granite countertops, stainless steel appliances, and balcony access from both the living room and also the master bedroom. According to the seller, the dishwasher and washer and dryer are about 1 year old while the refrigerator and stove are about 3 years. This resort has outdoor pools, indoor pool, lazy river, hot tub, fitness center, tiki bar, arcade, and an onsite restaurant. Beach Colony is located along “The Golden Mile” a premier location on the beach. It is just a few miles from Broadway at the Beach, Myrtle Beach International Airport, the restaurants, miniature golf courses, and shopping outlets that Myrtle Beach has to offer. Come by and view this condo today!

Details

Property type

Condominium

Est. home value

$455,572

Lot size

Unknown

Price per sq ft

$447

Year built

1985

Monthly HOA fee

$1,244

Price History

01/17/2025
MyrtleBeach

MyrtleBeach #2501360

Listed
$649,900
+208.01%
12/08/2015
MyrtleBeach

MyrtleBeach #1508281

Sold
$211,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, 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

$528,640
Asking price
$649,900
Closing costs (~8% of asking)
-$51,992
Est. remaining loan balance
-$69,268
Cash to seller
$528,640

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

Seller’s Loan History

Lender

Crescom Bank

Loan start date

December 2015

Original loan amount

$158,250

Est. remaining balance

$69,268

Interest rate

3.03%

Loan type

Not Provided, 15 year

Seller

Douglas M Duguay and Karen W Duguay

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?

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Status: Active

Tomo last checked: 03/04/2025 at 5:10 AM

Listing updated: 02/09/2025 at 11:46 AM

Listed by: Colby Stopper Group, Colby Stopper Group eXp Realty Phone #: (843) 494-5667

MLS: MyrtleBeach #2501360

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