NOT LISTED FOR SALE

2201 S Ocean Blvd Unit 1003 Paradise Resort Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $206,000 - $260,000

1 Bed
1 Bath
672 Sq Ft
$710/mo HOA Fee

Last Sold May 31, 2024

Last sale price $240,000 $357 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,091/month

174 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Solid Surface Countertops
  • Community Indoor Pool
  • Lawn
  • Elevator

About This Home

As of May 2024

This oceanfront 1BR unit at Paradise Resort is fully furnished & features a full-size kitchen with flat top stove, refrigerator dishwasher and microwave. The unit also has a washer/dryer. Plenty of room for guests to sleep, 2 full size beds, murphy bed & pull-out sleeper sofa. Owners invested in new floorcovering and painting during the January 2024 offseason. This unit is generating established rental income through Paradise Resort’s on-site vacation rental management company. Amenities at Paradise Resort include indoor & outdoor pools, lazy river, hot tubs & exercise room. Sandal’s Cafe &Bar is an on-site restaurant serving breakfast, lunch & dinner. During the summer months there is a Tiki Hut outside by the pools. There is Ben & Jerry's Ice Cream Shop on location at Paradise Resort. Conveniently close to the Airport, Myrtle Beach State Park and all the attractions that make for a great family vacation destination.

Last Agent to Sell the Property

Bob Zeller

RE/MAX Southern Shores GC License #32201 Listed on: 10/27/2023

Last Buyer's Agent

Boyd Team

INNOVATE Real Estate

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,363

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $710 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 10th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 672 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Carpet
  • Washer and Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Linen Closet
  • 1 Full Bathroom
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Garden Bath

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, master antenna/cable TV, common maint/repair, electric in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Recycling
  • Elevator

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,363

Year Built

Built in 2006

Lot Details

0

HOA Fees

$710 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Recycling Available, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 2006
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 710
  • HOA Management Company: Ally Management, Inc. 843-497-3555
  • Living Room Type: Ceiling Fan
  • Lvt Date: 10/27/2023
  • Total Heated Sq Ft: 672
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Elevator-Exterior
  • Gross Annual Rental Incom: $43k-2021 ~ $35.5k-2022
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Paradise Resort
  • Rental Mgmt Contract: Yes
  • Which Floor: 10
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Dining Room: 5 x 5
  • Furnished: Yes
  • Interior Amenities: Washer/Dryer, Wshr/Dryer Connection
  • Kitchen: 7 x 11
  • Living Room: 14 x 13
  • Master Bedroom: 16.5 x 11
  • Primary Bathroom: Shower, Garden Tub, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Ceiling Fan, Linen Closet
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 737

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Water Public

Condo/Co-op/Association

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

Lot Info

  • Zoning: City of MB

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
Oct 27, 2023
Closed on
Jun 4, 2024
Sold by
Koppe Christa I
Bought by
Cayton Jeffrey W
Seller's Agent
Bob Zeller
RE/MAX Southern Shores GC
Buyer's Agent
Boyd Team
INNOVATE Real Estate
List Price
$247,500
Sold Price
$240,000
Premium/Discount to List
-$7,500
-3.03%
Views
117
Current Estimated Value
$226,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,771
Avg. Annual Appreciation
-4.10%
Original Mortgage
$164,100
Outstanding Balance
$161,944
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$64,285

Purchase Details

Closed on
May 8, 2009
Sold by
Nelson James H
Bought by
Koppe Bernd O

Purchase Details

Closed on
Nov 27, 2006
Sold by
Paradise Resort Llc
Bought by
Nelson James H and Nelson Darryln A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,920
Interest Rate
6.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Cayton Jeffrey W $240,000 --
Koppe Bernd O $105,000 --
Nelson James H $239,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cayton Jeffrey W $164,100
Previous Owner Nelson James H $191,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $240,000 -3.0% $357 / Sq Ft
03/11/2024 03/11/24 Price Changed $247,475 0.0% $368 / Sq Ft
10/27/2023 10/27/23 For Sale $247,500 -- $368 / 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 $2,363 $14,394 $0 $14,394
2023 $2,363 $14,700 $0 $14,700
2021 $2,181 $14,700 $0 $14,700
2020 $2,080 $14,700 $0 $14,700
2019 $2,080 $14,700 $0 $14,700
2018 $0 $12,285 $0 $12,285
2017 $1,846 $12,285 $0 $12,285
2016 $0 $12,285 $0 $12,285
2015 -- $4,680 $0 $4,680
2014 $1,775 $4,680 $0 $4,680
Source: Public Records

Agents Affiliated with this Home

  • Bob Zeller

    Seller's Agent in 2024

    Bob Zeller

    RE/MAX

    (843) 450-8760

    13 in this area

    166 Total Sales

    Bob Zeller
    Section Image
  • Boyd Team

    Buyer's Agent in 2024

    Boyd Team

    INNOVATE Real Estate

    (843) 222-5100

    16 in this area

    197 Total Sales

    Boyd Team
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2321927

Coastal Carolinas Association of REALTORS®

APN: 44502010471

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

2201 S Ocean Blvd Unit 1003 Paradise Resort, Myrtle Beach, SC

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Coastal Carolinas Association of REALTORS® Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

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