tomo logo

$749,000

Beds
3
Baths
3.0
sq ft
2,238

8500 Margate Cir Unit 208, Myrtle Beach, SC 29572

8500 Margate Cir Unit 208

Myrtle Beach, SC 29572

  • 36 days on market
    • Price drop $26,000↓
Rare opportunity in Margate Tower inside Kingston Resort! A second-floor/end unit doesn't come around often. Enjoy amazing views of the ocean and sunrises. Walk out to the extra large wrap-around balcony boasting 518 sq ft, connecting two bedrooms and the livingroom. There's another private balcony off the 3rd bedroom. The layout is very spacious with 2 separate entrances plus a climate-controlled owners closet to store all your beach stuff. With high-end furniture and decor, this is move-in ready! The building is secure with 24-hour front desk security, with a covered parking deck for effortless egress. Margate has 2 private pools (one heated) with private beach access. The Resort offers tons of amenities like 78Fitness Center, Spa33, clay tennis courts, pickleball courts, indoor pool and splash pad, golf simulator, putting green, huge waterpark, hammock garden, firepits, cabanas, restaurants including the Black Drum, beach volleyball, all inside the resort. You can park and enjoy! KP has the largest oceanfront conference space in the southeast. An oceanfront boardwalk connects all the properties, and safe with 24 hour gated security. Whether this is a permanent home, a vacation home, or a rental property, you can't go wrong with this Crown Jewel in Kingston Resort. Outside the resort, you will find Tanger Outlets, Restaurant Row, Barefoot Landing, Alligator Adventure, Duplin Winery, Carolina Opry, Pirates Voyage, Alabama Theater, House of Blues, Bass PRO Shop, Myrtle Beach Watersports, all within minutes.

Details

Property type

Condominium

Est. home value

$868,307

Lot size

Unknown

Price per sq ft

$335

Year built

2004

Monthly HOA fee

$1,775

Price History

07/05/2024
MyrtleBeach

MyrtleBeach #2413544

Price change
$749,000
-3.35%
06/01/2024
MyrtleBeach

MyrtleBeach #2413544

Listed
$775,000
+43.52%
09/10/2021
MyrtleBeach

MyrtleBeach #2108681

Sold
$540,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Gated, Tennis Court(s)

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

First Palmetto Savings Bank Fsb

Loan start date

August 2004

Original loan amount

$351,200

Est. remaining balance

$0

Interest rate

6.01%

Loan type

Not Provided, 5 year

Seller

R Allan King and Patricia Parker

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 7:45 PM

Listing updated: 07/05/2024 at 9:23 AM

Listed by: Janet Cox, Leonard Call - Kingston Phone #: (843) 449-6400

MLS: MyrtleBeach #2413544

MyrtleBeach logo