tomo logo

$162,500

Beds
1
Baths
1.0
sq ft
610

7100 N Ocean Blvd Unit 424, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 424

Myrtle Beach, SC 29572

  • 192 days on market
    • Price drop $2,500↓
Discover this beautifully upgraded 1 Bedroom / 1 Bathroom corner unit on the 4th floor at Ocean Reef Resort! Fully furnished and decorated, this true one-bedroom gem features a modern kitchen with granite countertops, a cozy living area with a futon for extra guests, and stunning ocean views from your private balcony. Ranked as a “Guest Favorite” on Airbnb, this property is a fantastic investment opportunity! Enjoy resort amenities including indoor and outdoor pools, hot tubs, a lazy river, on-site dining, a fitness center, and easy beach access—all in the heart of Myrtle Beach near shopping, dining, and attractions. Perfect for vacation rentals or your family getaway! Don't miss out on this incredible opportunity!

Details

Property type

Condominium

Est. home value

$211,155

Lot size

Unknown

Price per sq ft

$267

Year built

2006

Monthly HOA fee

$934

Price History

11/08/2024
MyrtleBeach

MyrtleBeach #2412029

Price change
$162,500
-1.52%
10/09/2024
MyrtleBeach

MyrtleBeach #2412029

Price change
$165,000
-2.94%
10/01/2024
MyrtleBeach

MyrtleBeach #2412029

Price change
$169,999
-1.45%

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

$57,761
Asking price
$162,500
Closing costs (~8% of asking)
-$13,000
Est. remaining loan balance
-$91,739
Cash to seller
$57,761

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

Seller’s Loan History

Lender

United Bank

Loan start date

January 2022

Original loan amount

$109,500

Est. remaining balance

$91,739

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Brady Mathias

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: 11/25/2024 at 4:25 AM

Listing updated: 11/11/2024 at 2:29 PM

Listed by: Russell Auth, Century 21 Palms Realty Phone #: (843) 310-6855

MLS: MyrtleBeach #2412029

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