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$194,900

Beds
1
Baths
1.5
sq ft
819

6500 Colonial Dr Unit 2, Myrtle Beach, SC 29572

6500 Colonial Dr Unit 2

Myrtle Beach, SC 29572

  • 34 days on market
    • Price drop $5,000↓
Located in the highly desirable Rainbow Row at 65th, this rare 1-bedroom, 1.5-bath townhome is a hidden gem in Myrtle Beach. Properties in this charming community rarely become available, making this a unique opportunity to own a slice of coastal paradise. Just a short golf cart ride to the beach, this home offers the perfect blend of convenience and tranquility, with easy access to the ocean and all the attractions the Grand Strand has to offer. Inside, you'll find a spacious and inviting layout featuring a bright living area, a well-equipped kitchen, and a convenient half-bath on the main level. A bonus room downstairs provides the flexibility to be used as a home office or a second bedroom. Upstairs, the generous primary bedroom offers a peaceful retreat with its own en-suite bath. This home also includes a 1-car garage for added convenience. The community's reasonable HOA fee covers water, trash, lawn care, insurance, and pest control, ensuring a hassle-free lifestyle. Whether you're searching for a full-time residence, a vacation getaway, or an investment property, this home is an excellent choice, with both short-term and long-term rentals permitted. Ideally situated near shopping, dining, golf courses, and entertainment, this is coastal living at its finest. Don’t miss out on this rare opportunity in Rainbow Row at 65th!

Details

Property type

Condominium

Est. home value

$147,934

Lot size

Unknown

Price per sq ft

$238

Year built

2001

Monthly HOA fee

$325

Price History

03/06/2025
MyrtleBeach

MyrtleBeach #2504898

Price change
$194,900
-2.5%
02/27/2025
MyrtleBeach

MyrtleBeach #2504898

Listed
$199,900

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

$146,086
Asking price
$194,900
Closing costs (~8% of asking)
-$15,592
Est. remaining loan balance
-$33,222
Cash to seller
$146,086

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

Seller’s Loan History

Lender

Community Resource Mortgage Inc

Loan start date

April 2003

Original loan amount

$73,050

Est. remaining balance

$33,222

Interest rate

5.84%

Loan type

Not Provided, 30 year

Seller

Angela Hughes

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 8:35 PM

Listing updated: 03/06/2025 at 5:20 PM

Listed by: Mike Green, Coastal Vision Properties LLC Phone #: (843) 945-5095

MLS: MyrtleBeach #2504898

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