8 months on rocket

8500 Margate Cir Unit 2005, 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 2005, 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
MLS #2406087
StatusActive

About 8500 Margate Cir Unit 2005

This 2,400 SF Ocean Front condo with 9' ceilings in the luxury Margate Tower is located in Kingston Plantation. This unit number 2005 includes crown molding, tray ceilings, custom decor & spectacular views of the ocean creating an atmosphere of casual elegance. Located on the 20th floor of Margate Tower, this heavenly retreat features 3 bedrooms (2 are Ocean Front Master Suites), a den/seating area, Gourmet Kitchen, Utility room with full size washer & dryer and a spacious terrace. Master Suite with extra large walk-in closet, 32" flat screen TV has its own separate sitting/reading area providing a cozy, relaxing place to enjoy the ocean view. The over-sized master bath includes a double sink vanity and a shower/tub combo. All bathrooms have stainless steel sinks. The 2nd Master suite features a deluxe king size bed & 32" flat screen TV and direct access to the Terrace. Master bath includes a double vanity with jetted tub, separate shower and spacious walk-in closet. The third bedroom has 2 standard-sized beds & a 27" flat screen TV. The Great Room has spectacular views of the ocean, including an entrance to the terrace. Furnishings include a Love seat and sleeper sofa and an entertainment center with 50 inch Smart TV and a DVD player. The Gourmet Kitchen features granite counter tops and stainless steel appliances including a side-by-side Refrigerator-Freezer. The Utility room has a front-loading washer and dryer with large Utility Sink and separate door entrance from the hallway. The large terrace is furnished with chairs, loveseat, coffee table, chaise lounge where you can enjoy your morning coffee watching the sunrise. Margate Tower is a 29-story high-rise with astounding views of the ocean and wide sandy beach, located in gated community of Kingston Plantation, a 145-acre planned community at its finest. With its natural environment and beach, it cannot be surpassed. Natural lakes are throughout the property with well-manicured grounds. Tennis courts, pickle ball courts, spa, fitness center, multiple pools, croquet, badminton, and more are part of the many amenities included. This sought after community is located between North Myrtle and Myrtle Beach, close to dining, entertainment, and shopping.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Barrett Realty
  • Office Phone: (919) 426-3037

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Deck

Virtual/3D Tour

  • Virtual Tour: 8500 Margate Cir Unit 2005
Virtual Tour

Other

Directions Information:

  • Directions: Kings road to Kingston Plantation. Embassy Suites turn right Margate last on left

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 2005 vs Myrtle Beach

255 DAYS ON ROCKET

+139 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: #2406087

Listing Office:

  • Office Name: Barrett Realty
  • Office Phone: (919) 426-3037

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, 8:20:48 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

$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-420487
9
/10
  • Ocean Bay Elementary School

  • 950 International Dr

  • 4.83 miles

  • Public District Grades PK-5

school-card-donut-420488
3
/10
  • Myrtle Beach Elementary School

  • 690 33rd Ave N

  • 5.75 miles

  • Public District Grades 3-5

school-card-donut-420489
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. 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. 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 2005

What is the listing price of this property?

The listing price of 8500 Margate Cir Unit 2005 property is $1,099,000.

What type of property is this?

The property 8500 Margate Cir Unit 2005 is a condo located in Myrtle Beach, South Carolina, 29572.

Is this property for sale now?

Active Listing: 8500 Margate Cir Unit 2005 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 2005 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8500 Margate Cir Unit 2005 is 2,436 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8500 Margate Cir Unit 2005 is 2004.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29572›8500 Margate Cir Unit 2005

This home is located at 8500 Margate Cir Unit 2005 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 March 11, 2024 and is currently priced at $1,099,000.

While more than 16 listings in Myrtle Beach, SC in October 2024 were sold above asking price, there were more than 63 listings sold at asking price, and more than 274 were sold below. The number of listings in Myrtle Beach, SC increased by 3% between September 2024 and October 2024. In October 2024 median list price was $322,035 and the average listing age was 116 days.

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

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