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$335,000

Beds
2
Baths
2.0
sq ft
951

7100 N Ocean Blvd Unit 516, Myrtle Beach, SC 29572

7100 N Ocean Blvd Unit 516

Myrtle Beach, SC 29577

  • 28 days on market
    • Price drop $15,000↓
Welcome to your dream coastal retreat! This exquisite 2-bedroom, 2-bathroom ocean view condo, located on the 5th floor of the prestigious Ocean Reef Resort in Myrtle Beach, offers the perfect blend of luxury, comfort, and breathtaking views. With 951 heated sq ft of meticulous, freshly painted living space, this condo is an ideal vacation home or investment property. The living/dining area is perfect for entertaining and relaxation, featuring VLP flooring that combines durability with modern aesthetics. The fully equipped kitchen boasts granite countertops, tile backsplash, durable tile flooring and ample cabinet space. Both bedrooms are generously sized, also featuring tile flooring, offering both comfort and tranquility. The master bedroom includes an en-suite bathroom and direct access to the balcony, allowing you to wake up to the sound of the ocean waves. Each bathroom comes equipped with tile flooring, granite counter vanities and shower/bath combo, offering relaxation after a day at the beach. Step out onto your private balcony to enjoy uninterrupted, panoramic views of the Atlantic Ocean. It’s the perfect spot for morning coffee, evening cocktails, or simply soaking in the coastal breeze. Ocean Reef Resort offers an array of amenities designed to enhance your lifestyle and provide endless fun for the whole family. Enjoy thrilling water slides and splash zones at the water park, ideal for kids and the young at heart. Choose from outdoor and indoor pools, hot tubs, and a relaxing lazy river. Start your day at the breakfast restaurant, unwind at the bar/lounge, or grab a quick bite at the sundry shop. For a tropical experience, visit the outdoor tiki bar. Stay active at the fitness center or have fun at the on-site arcade. The resort also offers easy beach access, just steps away from the pristine sandy shores of Myrtle Beach, providing endless opportunities for beachcombing, sunbathing, and water sports. Situated in the heart of Myrtle Beach, Ocean Reef Resort is conveniently located near premier attractions, dining, shopping, and entertainment venues. Whether you’re exploring local golf courses, enjoying live shows, or indulging in the vibrant nightlife, everything you need is within easy reach. Don’t miss this incredible opportunity to own a slice of paradise in one of Myrtle Beach’s most sought-after resorts. Schedule your private showing today and experience the ultimate in oceanfront living at Ocean Reef Resort!

Details

Property type

Condominium

Est. home value

$317,019

Lot size

Unknown

Price per sq ft

$353

Year built

2002

Monthly HOA fee

$1,322

Price History

07/03/2024
MyrtleBeach

MyrtleBeach #2413867

Price change
$335,000
-4.29%
06/09/2024
MyrtleBeach

MyrtleBeach #2413867

Listed
$350,000
+53.17%
06/23/2021
MyrtleBeach

MyrtleBeach #2110434

Sold
$228,500

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

$150,413
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$157,787
Cash to seller
$150,413

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

June 2021

Original loan amount

$168,750

Est. remaining balance

$157,787

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Jacob Buatti and Jenelle Buatti

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: 07/07/2024 at 7:15 PM

Listing updated: 07/03/2024 at 10:43 AM

Listed by: Bradley Klein, EXP Realty LLC Phone #: (888) 440-2798

MLS: MyrtleBeach #2413867

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