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$1,200,000

Beds
4
Baths
4.0
sq ft
2,943

5407 N Ocean Blvd, Myrtle Beach, SC 29577

5407 N Ocean Blvd

Myrtle Beach, SC 29577

  • 41 days on market
Welcome to your dream coastal retreat! Nestled in the highly desirable "Golden Mile" section of Myrtle Beach, this stunning beach house has been lovingly used as a second home by its current owners and offers an impeccable blend of luxury, comfort, and coastal charm. Wake up to breathtaking, unobstructed ocean views from the primary suite and enjoy your morning coffee on a private balcony that lets you soak in the refreshing sea breeze. This spacious home boasts 4 bedrooms, plus a versatile 5th room that can easily be transformed into an additional bedroom, game room, or office, along with 4 full baths to accommodate family and guests. The main floor features a bright and airy living room that opens to a generous front porch, perfect for enjoying the sights and sounds of waves rolling in. The kitchen is a chef's delight with granite countertops, a walk-in pantry, and a charming archway detail over the breakfast bar, ideal for your culinary adventures. On this level, you'll also find a flexible room that can serve as a game room or office, leading to a spacious screened porch, creating the ultimate relaxation spot. A full bathroom on the main floor adds convenience for your guests. The primary suite is a true sanctuary, featuring two walk-in closets, an elegant full bath with a double vanity, a tiled shower, and a whirlpool tub. The second floor consists of 4 bedrooms, including the luxurious primary suite, a guest suite with an ensuite bath, and two additional generously sized guest rooms with easy access to a shared bathroom. For added convenience, there's a second laundry room upstairs. Designed with future possibilities in mind, this home is also prepped for the option to install an elevator. Outside, the large backyard offers plenty of space to create your own outdoor oasis, whether it's adding a pool or enjoying the outdoor shower after a day at the beach. Two expansive storage rooms beneath the house provide ample space for all your beach gear and more. With large windows throughout the home offering unobstructed views of the ocean, this is coastal living at its finest. Please note that short-term rentals are not allowed, rentals must be for 90 days or longer, ensuring a tranquil atmosphere year-round. Don't miss the opportunity to make this exceptional property your own. Schedule a showing today and experience the perfect blend of luxury and coastal living! Measurements are not guaranteed. Buyer is responsible for verifying.

Details

Property type

Single Family Residence

Est. home value

$851,069

Lot size

8,712 sq ft

Price per sq ft

$408

Year built

2002

HOA

Yes

Price History

10/10/2024
MyrtleBeach

MyrtleBeach #2423512

Listed
$1,200,000
+50.19%
06/03/2022
MyrtleBeach

MyrtleBeach #2127149

Sold
$799,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

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

$364,788
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$739,212
Cash to seller
$364,788

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

Seller’s Loan History

Lender

First National Bank Of Oneida

Loan start date

June 2022

Original loan amount

$799,000

Est. remaining balance

$739,212

Interest rate

5%

Loan type

New Conventional, 20 year

Seller

Leonard Cole

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: 11/19/2024 at 11:35 PM

Listing updated: 10/15/2024 at 11:35 AM

Listed by: Sollecito Advantage Group, CB Sea Coast Advantage MI Phone #: (843) 650-0998

MLS: MyrtleBeach #2423512

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