1 month on rocket

5501 N Ocean Blvd Unit 201, Myrtle Beach, SC, 29577

$487,500

Home List Price

$5,789*

Closing Credit

3 Bedrooms
2 Full Baths
1,458 SqFt
$334/SqFt
Condo

Location

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5501 N Ocean Blvd Unit 201, Myrtle Beach$487,500

Buyer Closing Credits

$5,789*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne and One Half Spaces
Year Built1983
HeatingCentral
CoolingCentral Air
WaterfrontOcean Front
ViewOcean
MLS #2423859
StatusActive

About 5501 N Ocean Blvd Unit 201

RARE OPPORTUNITY at DRAYTON HOUSE! Second Floor end unit located within the “Golden Mile” and the “Cabana District”. This 3 bedroom 2 full bath unit not only is located in one of the most ideal locations along the beach but delivers a spectacular view of the Atlantic Ocean just beyond the cabanas. Spacious and comfort accompanies this hard to find unit in a building with its own private pool and outdoor elevator. This unit would make an excellent primary residence, second home beach getaway or a healthy income producing investment property. This rare unit does not have a typical floor plan seen in ocean front condos, large spacious rooms and a functional floor plan. The spacious kitchen has plenty of cabinet space including a breakfast bar and a separate room for laundry. The oversized balcony oversees the cabana section and can be accessed from the master bedroom or main living area. Easy access to the beach within footsteps. There are only 8 units in this building and this end unit provides a bay window in the dining area and bedrooms for lots of natural light. Drayton House is not only located in a terrific area of Myrtle Beach, it is close to everything you could want! After spending the day on the beach building sandcastles, surfing or just soaking up the sun, you are minutes away from endless restaurants from exotic to traditional, golfing, shopping, miniature golf for the family, and the Award- winning Carolina Opry! This immaculately maintained condo is ready for your sunrises and sunsets with memories to last a lifetime.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid Rise
  • Year Built: 1983
  • Living Area: 1,458 SqFt

Listing Office:

  • Office Name: GRANDE DUNES PROPERTIES
  • Office Email: marksellsmyrtlebeach@gmail.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer
  • Flooring Type: Luxury Vinyl, Luxury VinylPlank
  • Interior: Entrance Foyer, Window Treatments, Breakfast Bar, Stainless Steel Appliances

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front
  • View: Ocean
  • Exterior: Balcony

Parking Information:

  • Parking: One and One Half Spaces

Lot Features

Lot Information:

  • Lot: City Lot, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From N Kings Highway, take Hampton Circle to N Ocean Blvd at the split by the Mermaid Inn, turn left onto N Ocean Blvd. Drayton House is on the corner. Park either in back in designated spot or in front of building in non-designated spots.

Price Information

Listing Price Info

Price Summary:

  • List Price: $487,500
  • Price Per SqFt: $334/SqFt

HOA Fees:

  • Amount: $825
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Myrtle Beach, SC.

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Myrtle Beach, SC

City

Med. Sold Price

$324.8K

Med. Price/SqFt

$212

Avg. Days On Market

118

# of Sold Homes

320

5501 N Ocean Blvd Unit 201 vs Myrtle Beach

43 DAYS ON ROCKET

-75 Days

$487,500

+$162.6K More

$334/SqFt

+$121 More

KEY TAKEAWAY

This property is $162.6K more than the Median Sold Price and $121/SqFt more than other homes in Myrtle Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CCAR
  • MLS Number: #2423859

Listing Office:

  • Office Name: GRANDE DUNES PROPERTIES
  • Office Email: marksellsmyrtlebeach@gmail.com

IDX Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,326

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,528

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-930266
3
/10

  • Myrtle Beach Elementary School

  • 690 33rd Ave N

  • 1.60 miles

  • Public District Grades 3-5

school-card-donut-930267
9
/10

  • Ocean Bay Elementary School

  • 950 International Dr

  • 3.32 miles

  • Public District Grades PK-5

school-card-donut-930268
7
/10

  • River Oaks Elementary School

  • 700 Augusta Plantation Dr

  • 3.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,205. The most common annual income of people living in Myrtle Beach, SC is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Myrtle Beach, SC

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Myrtle Beach, SC.

Myrtle Beach offers a dynamic housing market with a mix of residential options to suit various preferences and budgets. The housing landscape is characterized by a blend of single-family homes, condominiums, and townhouses, with a noticeable presence of beachfront properties that highlight the coastal lifestyle. Architectural styles range from contemporary to traditional beach house designs, reflecting the area's resort-town atmosphere. The market is diverse, with a significant portion of properties serving as vacation homes or investment opportunities.

What is it like to live in Myrtle Beach, SC?

Myrtle Beach is celebrated for its vibrant community spirit and leisurely pace of life, with the oceanfront serving as the heart of the city's social and cultural activities. The area prides itself on being a family-friendly destination, offering a plethora of attractions such as amusement parks, live entertainment, and annual festivals that showcase local talent and cuisine. The community's character is further enriched by its scenic boardwalk, pristine beaches, and well-maintained public spaces that encourage outdoor living and recreation.

Is it easy to get around Myrtle Beach, SC without a car?

The community is served by a network of public services that cater to the needs of residents and visitors alike. Educational opportunities are available through a selection of public and private schools, with a focus on both academic and extracurricular development. Healthcare services are accessible via local clinics and regional hospitals that provide a range of medical care. Retail and dining options abound, offering everything from casual eateries to upscale dining experiences, many of which feature fresh, local seafood. The city is also proactive in enhancing services to accommodate its growing population and tourism industry.

Transportation in Myrtle Beach, SC.

Transportation in Myrtle Beach is facilitated by a series of major roadways, including Highway 17, which provides access to various parts of the city and neighboring areas. Public transit options are available, with bus services connecting key locations throughout the city. The area is moderately walkable, particularly around the boardwalk and central business district, where residents and tourists can enjoy easy access to shops, restaurants, and attractions. Bike paths and lanes are also present, promoting a bike-friendly environment. Ride-sharing services are operational in the area, complementing the existing transportation infrastructure.

Frequently Asked Questions About 5501 N Ocean Blvd Unit 201

What is the listing price of this property?

The listing price of 5501 N Ocean Blvd Unit 201 property is $487,500.

What type of property is this?

The property 5501 N Ocean Blvd Unit 201 is a condo located in Myrtle Beach, South Carolina, 29577.

Is this property for sale now?

Active Listing: 5501 N Ocean Blvd Unit 201 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5501 N Ocean Blvd Unit 201 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5501 N Ocean Blvd Unit 201 is 1,458 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5501 N Ocean Blvd Unit 201 is 1983.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29577›5501 N Ocean Blvd Unit 201

This home is located at 5501 N Ocean Blvd Unit 201 in Myrtle Beach, SC and zip code 29577. This 1,458 square foot home was built in 1983. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 08, 2024 and is currently priced at $487,500.

In November 2024, from all listings sold in Myrtle Beach, SC there were more than 18 sold above asking price, over 255 sold below and more than 47 were sold right at the asked price. In November 2024 in Myrtle Beach, SC there were 0.8% more homes for sale than in October 2024. In November 2024 median list price was $324,892 and the average listing age was 118 days.

From Rocket Homes Real Estate and based on county public records data.

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