2 months on rocket

8500 Margate Cir Unit 1405, Myrtle Beach, SC, 29572

$1,099,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,436 SqFt
$451/SqFt
Condo

Location

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8500 Margate Cir Unit 1405, Myrtle Beach$1,099,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDeck
Year Built2004
HeatingCentral, Electric
CoolingCentral Air
WaterfrontOcean Front
ViewOcean
MLS #2417536
StatusActive

About 8500 Margate Cir Unit 1405

Don’t miss the rare opportunity to own a DIRECT OCEANVIEW unit at Margate! This immaculate and spacious unit offers over 2600 total square feet at one of the most sought-after buildings along the Grand Strand. This popular plan in the Margate Towers features double primary ensuites in addition to a third bedroom and bath and boasts extensive updates including electric shades, stunning porcelain tile, luxuriously updated bathrooms and recently updated HVACs. The well-appointed master bath includes a walk-in shower that you will have to see to believe. This unit comes fully furnished with nearly everything being replaced within the past 24 months. Complete list available upon request. This exceptional unit has been used as a second home and only occasionally/selectively rented by the current owners. You will fall in love with the direct Ocean Views from nearly every room including a unique workspace/library off a secondary bedroom providing an ideal place to relax, play games or work from home. Enjoy remarkable sunsets from the expansive balcony providing unobstructed views of the Atlantic. Margate is known for its tremendous rental income potential and this modern, turnkey unit stands out amongst the rest! Kingston provides a unique combination of natural wooded landscapes along the coast with top notch amenities that include multiple pools, restaurants, fitness/spa facility, pickleball and more! No other resort compares to the tranquility of his 145-acre oasis nestled in the heart of the Grand Strand’s most popular attractions. Don’t let this one get away – schedule your private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2004
  • Living Area: 2,436 SqFt

Listing Office:

  • Office Name: GRANDE DUNES PROPERTIES
  • Office Email: kylie@grandedunesproperties.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Furnished, Window Treatments, Breakfast Bar, High Speed Internet, Stainless Steel Appliances, Solid Surface Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

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

Parking Information:

  • Parking: Deck

Virtual/3D Tour

  • Virtual Tour: 8500 Margate Cir Unit 1405
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,099,000
  • Price Per SqFt: $451/SqFt

HOA Fees:

  • Amount: $1916
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$322K

Med. Price/SqFt

$212

Avg. Days On Market

116

# of Sold Homes

353

8500 Margate Cir Unit 1405 vs Myrtle Beach

87 DAYS ON ROCKET

-29 Days

$1,099,000

+$776.9K More

$451/SqFt

+$238 More

KEY TAKEAWAY

This property is $776.9K more than the Median Sold Price and $238/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: #2417536

Listing Office:

  • Office Name: GRANDE DUNES PROPERTIES
  • Office Email: kylie@grandedunesproperties.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: 11/23/2024, 4:20:47 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

$7,469

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,361

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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-810935
9
/10
  • Ocean Bay Elementary School

  • 950 International Dr

  • 4.83 miles

  • Public District Grades PK-5

school-card-donut-810936
3
/10
  • Myrtle Beach Elementary School

  • 690 33rd Ave N

  • 5.75 miles

  • Public District Grades 3-5

school-card-donut-810937
7
/10
  • River Oaks Elementary School

  • 700 Augusta Plantation Dr

  • 6.70 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,542. Residents of Myrtle Beach, SC typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically 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.

What are the common housing types 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 are the advantages of living 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.

Are essential services in Myrtle Beach, SC convenient?

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.

How do Myrtle Beach, SC residents get around?

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 8500 Margate Cir Unit 1405

What is the listing price of this property?

The listing price of 8500 Margate Cir Unit 1405 property is $1,099,000.

What type of property is this?

The property 8500 Margate Cir Unit 1405 is a condo located in Myrtle Beach, South Carolina, 29572.

Is this property for sale now?

Active Listing: 8500 Margate Cir Unit 1405 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8500 Margate Cir Unit 1405 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8500 Margate Cir Unit 1405 is 2,436 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8500 Margate Cir Unit 1405 is 2004.

Rocket HomesSouth CarolinaHorry CountyMyrtle Beach295728500 Margate Cir Unit 1405

This home is located at 8500 Margate Cir Unit 1405 in Myrtle Beach, SC and zip code 29572. This 2,436 square foot home was built in 2004. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $1,099,000.

Over 16 listings were sold over their listed price in October 2024 in Myrtle Beach, SC. In the same period over 274 listings were sold below the listed price and 63 listings were sold for the listed price. The number of homes for sale in Myrtle Beach, SC increased by 3% between September 2024 and October 2024. While the average time on the market in October 2024 was 116 days, the median list price was $322,035.

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

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