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$214,900

Beds
1
Baths
1.5
sq ft
741

5511 N Ocean Blvd Unit 302, Myrtle Beach, SC 29577

5511 N Ocean Blvd Unit 302

Myrtle Beach, SC 29577

  • 61 days on market
    • Price drop $5,000↓
Beautifully updated ocean-view 1-bedroom, 1.5-bath condo with a rare foyer entrance. Located on the highly sought-after Golden Mile of Myrtle Beach, this fully furnished third-floor unit provides breathtaking ocean views and the convenience of avoiding long elevator waits. The kitchen features granite countertops, while wood-look tile flooring flows throughout. The spacious primary bedroom features two full beds, while the living room offers additional sleeping space with a queen pull-out sofa, comfortably accommodating guests. The primary bath boasts a fully tiled shower, and the extra half bath adds convenience. Enjoy resort-style amenities, including an on-site bar and restaurant, indoor & outdoor pools, hot tub, lazy river, sundeck, and on-site laundry. Perfectly situated near shopping, dining, and entertainment—this is a rare opportunity to own a prime piece of Myrtle Beach oceanfront living!

Details

Property type

Condominium

Est. home value

$216,040

Lot size

Unknown

Price per sq ft

$291

Year built

1985

Monthly HOA fee

$898

Price History

02/27/2025
MyrtleBeach

MyrtleBeach #2502507

Price change
$214,900
-2.27%
01/31/2025
MyrtleBeach

MyrtleBeach #2502507

Listed
$219,900
+83.4%
04/05/2021
MyrtleBeach

MyrtleBeach #2103573

Sold
$119,900
+64.25%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

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

$162,455
Asking price
$214,900
Closing costs (~8% of asking)
-$17,192
Est. remaining loan balance
-$35,253
Cash to seller
$162,455

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

Seller’s Loan History

Lender

Bci Financial Services

Loan start date

February 2004

Original loan amount

$72,000

Est. remaining balance

$35,253

Interest rate

5.81%

Loan type

Not Provided, 30 year

Seller

Richard Fogus

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 8:30 PM

Listing updated: 02/27/2025 at 12:53 PM

Listed by: D'Ambrah King, INNOVATE Real Estate Phone #: (843) 839-1649

MLS: MyrtleBeach #2502507

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