$173,500
SOLD MAY 16, 2024

Compass Cove 2311 S Ocean Blvd Unit 253 Pinnacle OF Towe Myrtle Beach, SC 29577

1 Bed
1 Bath
600 Sq Ft
$827/mo HOA Fee

Recently Sold

$289 Per Sq Ft

3% Below List Price

49 Days on Market

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Furnished
  • Clubhouse
  • Community Indoor Pool
  • Lawn

About This Home

As of May 2024

Nestled in the sought-after Pinnacle Tower of Compass Cove Resort, this exquisite 1-bedroom oceanfront condo offers an enchanting escape with its breathtaking direct views of the ocean. Furnished with elegance, the condo features granite countertops in both the kitchen and bathroom, alongside a versatile murphy bed to accommodate additional guests. Unique for its luxurious king-sized bed, this unit stands out as a high-earning rental opportunity compared to others with standard double beds. Convenience meets sophistication on the second floor, where easy access to the beach and pool awaits just one flight of stairs down. With the added benefit of parking level access, entering your beachfront retreat is seamless. Despite its position, the condo promises an unspoiled ocean view from a private balcony, ensuring every moment captures the essence of seaside living. The condo boasts a strong rental history, enhanced by Compass Cove Resort's prime location near Myrtle Beach's vibrant center. With pristine beaches and an array of amenities, including over numerous water features, multiple pools, lazy rivers, and children's areas, leisure is always within reach. The resort also offers exclusive perks such as a Tiki Bar, coffee bar, restaurants, and a variety of recreational facilities for those in the rental program. Situated near Market Common's dining and shopping, Myrtle Beach International Airport, and major attractions like Broadway at the Beach, this condo is an ideal investment for both personal enjoyment and as a lucrative vacation rental. The HOA fee covers a comprehensive range of services including utilities, cable, internet, and insurance, ensuring a worry-free ownership experience.

Last Agent to Sell the Property

Derek Heppe

Ace Realty, LLC License #79574 Listed on: 02/08/2024

Co-Listed By

Elmira Sadri

Ace Realty, LLC License #120217

Last Buyer's Agent

Rick Noble

Century 21 Barefoot Realty License #135447

Century 21 Barefoot Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $827 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 600 Sq Ft Home
  • Furnished
  • Window Treatments
  • Dining Area
  • Carpet

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • 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, master antenna/cable TV, common maint/repair, electric in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$827 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Security, Owner Allowed Pet, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 827
  • HOA Management Company: Ally Mgt. 843-497-3555
  • Lvt Date: 02/08/2024
  • Sold Total Heated Sq Ft: 600
  • Sold Total Sq Ft: 650
  • Total Heated Sq Ft: 600
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Rear Porch, Elevator-Exterior
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Compass Cove Pinnacle Oceanfront Tower
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Handicap Access, Smoke Detector, Furnished
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave, Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 1
  • Dining Room Type: Area
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 650

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • 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, 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

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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

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $173,500 -2.0% $289 / Sq Ft
03/12/2024 03/12/24 Price Changed $177,000 -1.1% $295 / Sq Ft
02/08/2024 02/08/24 For Sale $179,000 +109.6% $298 / Sq Ft
01/31/2012 01/31/12 Sold $85,400 +6.9% $155 / Sq Ft
09/01/2011 09/01/11 Pending -- -- --
11/17/2010 11/17/10 For Sale $79,900 -- $145 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2403263

Coastal Carolinas Association of REALTORS®