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$212,000

Beds
1
Baths
1.0
sq ft
650

5523 N Ocean Blvd Unit 307, Myrtle Beach, SC 29577

5523 N Ocean Blvd Unit 307

Myrtle Beach, SC 29577

  • 209 days on market
    • Price drop $12,500↓
Beautifull ocean views from this "true" 1 bedroom, 1 bath condo! Nice size balcony to enjoy those sunrises, sunsets and ocean views from this 3rd floor condo located in the Cabana section of Myrtle Beach! Convenient walkway to the ocean. Enjoy the heated indoor pool and spa or relax around the outdoor pool while listening to the ocean waves! If the ocean, pools, spa aren't enough to relax you, then enjoy the sauna! Owners have access to owners fitness lounge. Owners also have private laundry area on the 7th floor as well as there is a guest laundry on this floor as well. There are rooms available to the owners for rental for social gatherings. Garage parking and access to the garage is availabe on each floor. Vending, Ice and ATM machines available. This unit was upated previously with granite tops throughout; vanity cabinets, stainless steel appliances, light fixtures, tile and LVP flooring and painting. Comes completely furnished - all you will need are your personal effects. Sofa is a sleeper sofa. Monthly HOA includes water and sewer, electricity, internet access, pest control, master antenna/cable tv and trash pickup. Insurance on building was paid in two installments with one due in December, 2023 and the other in January, 2024. Owner allowed pets. This unit would make a wonderful vacation retreat, rental or primary residence along the Cabana Section of Myrtle Beach - it doesn't get much better than this!! Also, should you like to rent this unit and increase your rental potential, you may do so by adding an additional bed in the bedroom.

Details

Property type

Condominium

Est. home value

$213,316

Lot size

Unknown

Price per sq ft

$327

Year built

1986

Monthly HOA fee

$700

Price History

08/24/2024
MyrtleBeach

MyrtleBeach #2406308

Price change
$212,000
-5.57%
07/18/2024
MyrtleBeach

MyrtleBeach #2406308

Price change
$224,500
-6.07%
03/11/2024
MyrtleBeach

MyrtleBeach #2406308

Listed
$239,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Real Estate Mortgage Network Inc

Loan start date

January 2014

Original loan amount

$52,700

Est. remaining balance

$17,982

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Rossana Avelino and Michael Sheehan

Lender

Real Estate Mortgage Network Inc

Loan start date

January 2014

Original loan amount

$52,700

Est. remaining balance

$17,982

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Rossanna Avelino and Michael Sheehan

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: 10/05/2024 at 9:00 PM

Listing updated: 09/25/2024 at 8:08 AM

Listed by: Pamela Palmiter, Palmiter Real Estate Phone #: (843) 995-1161

MLS: MyrtleBeach #2406308

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