1 month on rocket

5511 N Ocean Blvd Unit 1802, Myrtle Beach, SC, 29577

$519,000

Home List Price

$6,163*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,552 SqFt
$334/SqFt
Condo

Location

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5511 N Ocean Blvd Unit 1802, Myrtle Beach$519,000

Buyer Closing Credits

$6,163*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeck
Year Built1985
HeatingCentral
CoolingCentral Air
ViewOcean
MLS #2420891
StatusActive

About 5511 N Ocean Blvd Unit 1802

This turnkey vacation rental is less than 100 steps to the beach and will be a fantastic addition to your investment portfolio. Looking for a second home or primary residence instead? This unit is perfect for full-time living and is so spacious, it's hard to believe it is even a condo. Located in the highly sought-after Golden Mile of Myrtle Beach, within the exclusive Cabana District, this 3-bedroom, 2.5-bathroom updated Penthouse unit offers unobstructed south-facing ocean views that stretch for miles. This view is so unique, many owners won’t even consider selling because there’s nothing else like it on the beach! Featuring an open-concept living area with floor to ceiling windows, fireplace and wet bar, modern kitchen, and beautifully updated baths, this fully furnished penthouse blends luxury with coastal comfort. Enjoy your morning coffee or evening wine on the private balcony which is situated so it offers both sunrise and sunset views. The spacious master suite also offers the same breathtaking views, an en-suite bath with spa inspired tiled shower, and a walk-in closet. Two additional bedrooms provide room for family or guests, making this property perfect for both personal use and rental potential. It includes a washer and dryer in the unit but there is also a coin operated laundry onsite if ever needed. Forest Dunes also has a lazy river, indoor & outdoor swimming pools, hot tub, gym and even has an onsite beachside restaurant. As a proven self-managed vacation rental, this penthouse is a turnkey investment opportunity with a strong rental history. Guests love the privacy of the penthouse setting, direct beach access, and close proximity to the best dining and entertainment Myrtle Beach has to offer.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise, Penthouse
  • Year Built: 1985
  • Living Area: 1,552 SqFt

Listing Office:

  • Office Name: NextHome The Palmetto State
  • Office Phone: (843) 390-4663

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Dryer, Washer
  • Flooring Type: Luxury Vinyl, Luxury VinylPlank, Tile
  • Interior: Furnished, Fireplace, Handicap Access, Split Bedrooms, Window Treatments, Breakfast Bar, Bedroom on Main Level, Entrance Foyer, High Speed Internet, Kitchen Island, Stainless Steel Appliances, Solid Surface Counters

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Ocean
  • Exterior: Balcony

Parking Information:

  • Parking: Deck

Lot Features

Lot Information:

  • Lot: City Lot, Flood Zone, Rectangular Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 17 head to 5511 N Ocean Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $519,000
  • Price Per SqFt: $334/SqFt

HOA Fees:

  • Amount: $1089
  • 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

$322K

Med. Price/SqFt

$212

Avg. Days On Market

116

# of Sold Homes

353

5511 N Ocean Blvd Unit 1802 vs Myrtle Beach

51 DAYS ON ROCKET

-65 Days

$519,000

+$196.9K More

$334/SqFt

+$121 More

KEY TAKEAWAY

This property is $196.9K 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: #2420891

Listing Office:

  • Office Name: NextHome The Palmetto State
  • Office Phone: (843) 390-4663

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: 11/21/2024, 3:20:47 PM 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

$3,747

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,622

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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-343514
3
/10

  • Myrtle Beach Elementary School

  • 690 33rd Ave N

  • 1.70 miles

  • Public District Grades 3-5

school-card-donut-343515
9
/10

  • Ocean Bay Elementary School

  • 950 International Dr

  • 3.28 miles

  • Public District Grades PK-5

school-card-donut-343516
7
/10

  • River Oaks Elementary School

  • 700 Augusta Plantation Dr

  • 3.70 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. Typical income of Myrtle Beach, SC residents is between $35k-100k annually. Most families are 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 5511 N Ocean Blvd Unit 1802

What is the listing price of this property?

The listing price of 5511 N Ocean Blvd Unit 1802 property is $519,000.

What type of property is this?

The property 5511 N Ocean Blvd Unit 1802 is a condo located in Myrtle Beach, South Carolina, 29577.

Is this property for sale now?

Active Listing: 5511 N Ocean Blvd Unit 1802 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5511 N Ocean Blvd Unit 1802 has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5511 N Ocean Blvd Unit 1802 is 1,552 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5511 N Ocean Blvd Unit 1802 is 1985.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29577›5511 N Ocean Blvd Unit 1802

This home is located at 5511 N Ocean Blvd Unit 1802 in Myrtle Beach, SC and zip code 29577. This 1,552 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $519,000.

In October 2024, from all listings sold in Myrtle Beach, SC there were more than 16 sold above asking price, over 274 sold below and more than 63 were sold right at the asked price. The inventory of homes for sale in Myrtle Beach, SC between September 2024 and October 2024 increased by 3%. In October 2024, listings were on the market for 116 days. During the same period, the median list price in this real estate market was $322,035.

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

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