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$284,972

Beds
1
Baths
1.5
sq ft
741

5511 N Ocean Blvd Unit 1007, Myrtle Beach, SC 29577

5511 N Ocean Blvd Unit 1007

Myrtle Beach, SC 29577

  • 17 days on market
Indulge in the serenity of Atlantic Ocean views from the private balcony of this fully furnished 10th-floor 1 bed/1.5 bath ocean view condo at Forest Dunes. Whether you're seeking an ideal investment property, a second home for family vacations, or a primary residence, this unit is a haven of comfort and style. The condo features a brand new Bosch washer and dryer, adding a touch of practicality to your beachfront lifestyle. Also features new refrigerator, microwave and stove. Brand new Corian countertop and backslash. Upgraded bathrooms. New flooring. Brand new lifetime patio set on balcony. Beautiful murphy bed chest in living room. Forest Dunes offers top-notch amenities, including an onsite café, lazy river, indoor and outdoor pools, kiddie pool, hot tub, exercise room, boardwalk, and a covered gazebo overlooking the beach. Located close to restaurants, entertainment, and shopping, this condo encapsulates the best of Myrtle Beach living. Don’t miss the opportunity to make this upgraded ocean view condo your own. Seize the opportunity to own this exceptional unit—your gateway to coastal bliss awaits! Schedule your showing today!!

Details

Property type

Condominium

Est. home value

$240,026

Lot size

Unknown

Price per sq ft

$385

Year built

1988

Monthly HOA fee

$588

Price History

06/20/2024
MyrtleBeach

MyrtleBeach #2414770

Listed
$284,972
+17.76%
03/16/2023
MyrtleBeach

MyrtleBeach #2226286

Sold
$242,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse

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

$222,905
Asking price
$284,972
Closing costs (~8% of asking)
-$22,798
Est. remaining loan balance
-$39,269
Cash to seller
$222,905

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

August 2003

Original loan amount

$82,400

Est. remaining balance

$39,269

Interest rate

5.21%

Loan type

Not Provided, 30 year

Seller

Debra A Mancuso and Salvatore M Mancuso

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: 07/07/2024 at 7:20 PM

Listing updated: 06/21/2024 at 3:04 PM

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

MLS: MyrtleBeach #2414770

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