NOT LISTED FOR SALE

2001 S Ocean Blvd Unit 517 Myrtle Beach, SC 29577

Estimated Value: $125,558 - $143,000

1 Bed
1 Bath
475 Sq Ft
$748/mo HOA Fee

Last Sold April 24, 2024

Last sale price $140,000 $295 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,608/month

147 Days on Market

Highlights

  • Community Indoor Pool
  • Lawn
  • Central Heating and Cooling System
  • Furnished
  • Balcony
  • Combination Dining and Living Room

About This Home

As of April 2024

Take a tour of Bluewater Resort 517! This incredible 1 Bedroom 1 Bath condo with a beautiful ocean view is ready to be yours! This building is very AirBNB and VRBO friendly producing great income! Brand New HVAC 2024! Walk through the door and enter your ocean view home away from home! A full kitchen to prepare all your meals, as well as a balcony with views of the Grand Strands Atlantic Ocean. All furnishings are included. The building amenities include outdoor oceanfront pools, indoor pool, hot tubs, lazy river, on site laundry, gym, convention center, tiki bar, and even an Italian restaurant open to the public! This rental machine has an excellent history, ask your agent for more info today!

Last Agent to Sell the Property

The Forturro Group

Keller Williams The Forturro G Listed on: 11/06/2023

Co-Listed By

Jeffrey Forman

Keller Williams The Forturro G License #111037

Last Buyer's Agent

The Forturro Group

Keller Williams The Forturro G Listed on: 11/06/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,230

Year Built

  • Built in 1984

Lot Details

  • 0.34

HOA Fees

  • $748 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 475 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Entry through bedroom
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Middle School
  • Myrtle Beach High School

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Balcony
  • Lawn

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, internet access, pest control
  • High-Rise Condominium
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Additional Features

  • Door to Door Trash Pickup
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,230

Year Built

Built in 1984

Lot Details

0

HOA Fees

$748 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Lazy River, Pool-Indoor Community, Owner Allowed Golf Cart
  • Estimated Year Built: 1984
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 748
  • HOA Management Company: Empress Management; 843-443-4003
  • Lvt Date: 11/06/2023
  • Sold Total Heated Sq Ft: 475
  • Sold Total Sq Ft: 475
  • Total Heated Sq Ft: 475
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Bluewater Resort - Hi Rise
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Furnished, Enter Through Bedroom
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Refrigerator, Range, Oven
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 475

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Internet Access, Pest Control

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Myrtle Beach Elementary School
  • HighSchool: Myrtle Beach High School
  • Middle School: Myrtle Beach Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Apr 23, 2024
Sold by
Smith Rebecca Ann
Bought by
Trace Developers Llc
Seller's Agent
The Forturro Group
Keller Williams The Forturro G
Buyer's Agent
The Forturro Group
Keller Williams The Forturro G
List Price
$159,900
Sold Price
$140,000
Premium/Discount to List
-$19,900
-12.45%
Views
71
Current Estimated Value
$135,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,110
Avg. Annual Appreciation
-2.54%

Purchase Details

Closed on
Dec 29, 2020
Sold by
Cape Real Estate Ownership Management An
Bought by
Smith Rebecca Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2018
Closed on
Jul 30, 2018
Sold by
Wood Donald Lawrence
Bought by
Cape Real Estate Ownership Mangmnt
Seller's Agent
Michelle Wills
Dreamlife Realty
Buyer's Agent
Tom McLane
Watermark Real Estate Group
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Feb 25, 2016
Closed on
May 13, 2016
Sold by
Bailey Mark E
Bought by
Wood Donald L
Seller's Agent
Darren Stack
Century 21 The Harrelson Group
Buyer's Agent
Donna Scott
CB Sea Coast Commercial
List Price
$56,000
Sold Price
$54,000
Premium/Discount to List
-$2,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Apr 11, 2003
Sold by
Bowes William L
Bought by
Bailey Mark E and Bailey Christina B

Purchase Details

Closed on
Aug 27, 1999
Sold by
Maguire Daniel J
Bought by
Bowes William L and Bowes Lola J
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trace Developers Llc $140,000 --
Smith Rebecca Ann $72,000 --
Cape Real Estate Ownership Mangmnt $68,000 --
Wood Donald L $54,000 --
Bailey Mark E $46,000 --
Bowes William L $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Rebecca Ann $64,800
Previous Owner Wood Donald Lawrence $54,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $140,000 -6.6% $295 / Sq Ft
03/22/2024 03/22/24 Price Changed $149,900 -4.4% $316 / Sq Ft
02/15/2024 02/15/24 Price Changed $156,800 -0.1% $330 / Sq Ft
11/27/2023 11/27/23 Price Changed $156,900 -1.9% $330 / Sq Ft
11/06/2023 11/06/23 For Sale $159,900 +135.1% $337 / Sq Ft
08/01/2018 08/01/18 Sold $68,000 -9.2% $136 / Sq Ft
05/16/2018 05/16/18 For Sale $74,900 +38.7% $150 / Sq Ft
05/16/2016 05/16/16 Sold $54,000 -3.6% $120 / Sq Ft
04/22/2016 04/22/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $56,000 -- $124 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,230 $7,350 $0 $7,350
2023 $1,230 $7,350 $0 $7,350
2021 $1,135 $7,350 $0 $7,350
2020 $1,005 $6,825 $0 $6,825
2019 $1,005 $6,825 $0 $6,825
2018 $0 $6,090 $0 $6,090
2017 $915 $3,480 $0 $3,480
2016 -- $2,640 $0 $2,640
2015 $686 $4,620 $0 $4,620
2014 $667 $2,640 $0 $2,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2322562

Coastal Carolinas Association of REALTORS®

APN: 44502020215