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$152,420Estimated home value

Beds
Unknown
Baths
1.0
sq ft
387

7100 N Ocean Blvd Unit 1110, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 1110

Myrtle Beach, SC 29572

  • Off market
Introducing an enchanting efficiency condominium with 1 full bath, boasting a prime location directly overlooking the ocean in the highly sought-after Ocean Reef Resort North Tower complex. This unit has consistently high rental occupancy, offering an excellent return oninvestment. Situated on the 11th floor, this immaculate residence is tastefully furnished with a combination of tile and carpet flooring, creating a stylish and comfortable living space. The highlight of this condo is the sliding glass door that opens up to a charming balcony, providing breath taking views of the glistening Atlantic Ocean. The main living area is thoughtfully designed and features two generously sized beds, ensuring ample sleeping accommodations for guests. Adjacent to the living space is an inviting dining area. The fully equipped kitchenette boasts modern amenities, including a smooth flat top range, built-in microwave, refrigerator, granite countertops, and cabinet space, allowing for convenient and efficient meal preparation. The bathroom exudes timeless elegance, featuring a single sink vanity, a comfort station, and a classic tub/shower combination. Every detail has been carefully considered to create a relaxing and functional space. The Ocean Reef Resort Bay is renowned for its exceptional amenities, making i tone of the most desirable complexes in the area. Residents and guests can indulge in the oceanfront pool deck, complete with hot tubs and a lively tiki bar. The beautiful oceanfront lawn offers a serene retreat, while the covered pool deck includes a thrilling water play park designed for kids. Children will delight in the giant tiki men, palm trees, a giant tumbling water bucket, sea serpent waterfall, and mushroom waterfalls. The surrounding lazy river, complete with a waterfall, adds an element of relaxation. Even in cooler weather, the lazy river transforms into a delightful glass-enclosed getaway. Dining options are plentiful, with a pool bar, Cafe du Port, Banana Boat Lounge, and an enticing Breakfast Buffet, ensuring a variety of choices to satisfy every palate. This inviting oceanfront condo, with its desirable location, captivating views, tasteful furnishings, and exceptional amenities, presents a unique opportunity to own a remarkable piece of real estate. Whether you're seeking a lucrative investment or a personal beachfront retreat, this property embodies the epitome of coastal living.

Details

Property type

Condominium

Est. home value

$152,420

Lot size

Unknown

Price per sq ft

$406

Year built

1975

Monthly HOA fee

$802

Price History

08/16/2024
MyrtleBeach

MyrtleBeach #2405869

Removed
$157,000
03/08/2024
MyrtleBeach

MyrtleBeach #2405869

Listed
$157,000
+1.95%
04/17/2023
MyrtleBeach

MyrtleBeach #2303817

Sold
$154,000
+67.39%

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

$45,902
Asking price
$157,000
Closing costs (~8% of asking)
-$12,560
Est. remaining loan balance
-$98,538
Cash to seller
$45,902

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

Seller’s Loan History

Lender

Citadel Servicing

Loan start date

April 2023

Original loan amount

$100,100

Est. remaining balance

$98,538

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Samyak Patnaik

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: Off Market

Tomo last checked: 10/05/2024 at 9:30 PM

Listing updated: 08/16/2024 at 2:24 AM

Listed by: The Greg Sisson Team, The Ocean Forest Company Phone #: (843) 642-8585

MLS: MyrtleBeach #2405869

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