$107,000
$8K PRICE DROP

Compass Cove 2311 S Ocean Blvd Unit 139 Myrtle Beach, SC 29577

Estimated payment $1,471/month

Total Views 3,421
1 Bed
1 Bath
349 Sq Ft
$307 Price per Sq Ft

Highlights

  • Private Pool
  • Lawn
  • Elevator
  • Furnished
  • Solid Surface Countertops
  • Patio

About This Home

Prime Oceanfront Investment at Compass Cove’s Schooner Building: Step into the ultimate investment opportunity with this beautiful oceanfront condotel in Compass Cove’s Schooner Building, a staple of Myrtle Beach that has captivated vacationers for generations. This sought-after unit offers a prime location near the vibrant heart of Myrtle Beach, known for its dining, shopping, and entertainment options, making it an attractive rental with excellent income potential. Compass Cove Resort boasts over 530 spacious condos, known for their comfort and coastal style, complemented by twenty-three exciting water features that include six indoor and outdoor pools, three lazy rivers, seven hot tubs, and several kiddie pools—ideal for families and visitors seeking variety and fun. The resort’s incredible lineup of amenities and prime location on Ocean Boulevard contribute to high rental demand, creating a fantastic opportunity for revenue. As a fully managed condotel, this property offers owners the best of both worlds: personal enjoyment without the worry of upkeep, with a professional team handling all aspects of bookings, guest care, and maintenance. Invest in Compass Cove, and enjoy a rewarding property that delivers a vacation experience and reliable income, season after season.

Listing Agent

Hampton Roberts

CB Sea Coast Advantage PI License #125156 Listed on: 11/14/2024

Co-Listing Agent

Mariah Johnson

CB Sea Coast Advantage PI License #24633

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • Fenced
  • Lawn

HOA Fees

  • $774 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Slab Foundation
  • Steel Siding

Interior Spaces

  • 349 Sq Ft Home
  • Furnished
  • Window Treatments
  • Carpet

Kitchen

  • Microwave
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Underground Utilities
  • 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, security, rec. facilities, legal and accounting, primary antenna/cable TV, common maint/repair, electric in unit, telephone service in unit, internet access, pest control
  • High-Rise Condominium
  • The community has rules related to fencing

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Elevator
  • Security
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$774 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Cable Tv, Internet Access, Lawn Maintenance, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1972
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Window/Wall Unit
  • Monthly HOA as Calculated: 774
  • HOA Management Company: Ally Mgt 843-497-3555
  • Lvt Date: 11/14/2024
  • Sold Total Heated Sq Ft: 349
  • Sold Total Sq Ft: 406
  • Total Heated Sq Ft: 349
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Fencing, Patio, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Pool - In Ground
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Schooner At Compass Cove - Mb South
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1972

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Furnished
  • Kitchen Type: Refrigerator, Microwave, Solid Surface Countertops
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 406
  • Bathroom Features:Shared Primary Bath: Vanity, Tub/Shower Combo

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Telephone, Underground Utilities, 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, Primary Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Telephone Service 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: MU-H

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $107,000 -0.9% $307 / Sq Ft
07/14/2025 07/14/25 Price Changed $108,000 -0.9% $309 / Sq Ft
07/09/2025 07/09/25 Price Changed $109,000 -0.9% $312 / Sq Ft
06/16/2025 06/16/25 Price Changed $110,000 -0.9% $315 / Sq Ft
06/04/2025 06/04/25 Price Changed $111,000 -0.9% $318 / Sq Ft
05/27/2025 05/27/25 Price Changed $112,000 -0.9% $321 / Sq Ft
05/16/2025 05/16/25 Price Changed $113,000 -0.9% $324 / Sq Ft
05/06/2025 05/06/25 Price Changed $114,000 -0.9% $327 / Sq Ft
11/14/2024 11/14/24 For Sale $115,000 -- $330 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2426238

Coastal Carolinas Association of REALTORS®