1 month on rocket

8500 Margate Cir Unit 505, Myrtle Beach, SC, 29572

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,436 SqFt
$513/SqFt
Condo

Location

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8500 Margate Cir Unit 505, Myrtle Beach$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne and One Half Spaces
Year Built2004
HeatingCentral, Electric
CoolingCentral Air
WaterfrontOcean Front
ViewOcean
MLS #2421867
StatusActive

About 8500 Margate Cir Unit 505

Ready to enjoy the Good Life!! Luxury living on the Carolina Coast featuring Incredible views of the Atlantic Ocean. Truly a rare find at Margate! This pristine villa offers over 2,600 total square feet with breathtaking direct ocean views, in one of Myrtle Beach’s most sought-after resorts. 3-bedroom 3 bath deluxe condo is loaded with special details not found in other condos. Spacious bedrooms, an updated kitchen, upgraded appliances, fresh paint, new carpet and much more. Another bonus is this floor does not allow short term rentals, super PRIVATE! Enjoy the quietness and tranquility that you deserve, perfect for a primary residence or vacation home. Being offered mostly furnished with top of the line furniture, impressive window treatments and full sized mud room. You will fall in love with the amazing views from nearly every room in the place, simply sensational sunrises daily!! Come see for yourself what makes this property different from the rest. Kingston Plantation is a 145 acre, master planned community with a combination of amenities and preserved natural landscapes, twelve fresh water lakes nestled in the heart of Myrtle Beach. The amenities include twelve pools, restaurants, fitness / spa facility, four pickleball courts, badminton, croquet, beach volleyball, four clay and hard tennis courts and security around the clock! This unparalleled building has approximately one-half mile of white sand beach and a direct view of the pier. 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: marksellsmyrtlebeach@gmail.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Trash Compactor, Dryer, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Furnished, Split Bedrooms, Window Treatments, Breakfast Bar, Bedroom on Main Level, Breakfast Area, Entrance Foyer, 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, Hot Tub/Spa, Sprinkler/Irrigation, Storage

Parking Information:

  • Parking: One and One Half Spaces

Lot Features

Lot Information:

  • Lot: Flood Zone

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Hwy 17 Myrtle Beach turn onto Kings Rd/State Rd S-26-559 1.4 mi Turn left onto Lake Dr 331 ft At the traffic circle, take the 1st exit onto High Cir 0.1 mi Go to visitor side of Guard gate and tell them you are there to show Unit 505 Margate. Turn right onto Lake Dr 0.3 mi Turn right onto Queensway Blvd 0.2 mi Turn left Destination will be on the right 141 ft

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $513/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 505 vs Myrtle Beach

52 DAYS ON ROCKET

-64 Days

$1,250,000

+$927.9K More

$513/SqFt

+$300 More

KEY TAKEAWAY

This property is $927.9K more than the Median Sold Price and $300/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: #2421867

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: 11/22/2024, 7:20:47 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

$8,222

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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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-711898
9
/10
  • Ocean Bay Elementary School

  • 950 International Dr

  • 4.83 miles

  • Public District Grades PK-5

school-card-donut-711899
3
/10
  • Myrtle Beach Elementary School

  • 690 33rd Ave N

  • 5.75 miles

  • Public District Grades 3-5

school-card-donut-711900
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 majority of Myrtle Beach, SC residents have income between $35k-100k annually. 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.

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 505

What is the listing price of this property?

The listing price of 8500 Margate Cir Unit 505 property is $1,250,000.

What type of property is this?

The property 8500 Margate Cir Unit 505 is a condo located in Myrtle Beach, South Carolina, 29572.

Is this property for sale now?

Active Listing: 8500 Margate Cir Unit 505 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 505 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 8500 Margate Cir Unit 505 is 2,436 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8500 Margate Cir Unit 505 is 2004.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29572›8500 Margate Cir Unit 505

This home is located at 8500 Margate Cir Unit 505 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 October 01, 2024 and is currently priced at $1,250,000.

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. In October 2024 in Myrtle Beach, SC there were 3% more homes for sale than in September 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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