$20,000
SOLD JUN 14, 2016

2506 S Ocean Blvd Unit 105 Myrtle Beach, SC 29577

-- Bed
1 Bath
425 Sq Ft
$273/mo HOA Fee

Recently Sold

$47 Per Sq Ft

13% Below List Price

137 Days on Market

About This Home

As of June 2016

Most affordable investment opportunity in Myrtle Beach with a great income return. Across the street from the beautiful Atlantic Ocean right on Ocean Blvd. Have you ever wanted a place to start investing money with a great return but didn't want to start too big? or perhaps you have room in your investment portfolio for one more small investment with a great return? This is it!!!

Last Agent to Sell the Property

Nancy Johnson

Realty ONE Group DocksideSouth License #77743 Listed on: 01/17/2016

Realty ONE Group DocksideSouth

Last Buyer's Agent

Missy Nesbitt

Keller Williams Innovate South License #77077

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $405

HOA Fees

  • $273 Monthly HOA Fees

Home Design

  • Block Exterior

Interior Spaces

  • 1 Full Bathroom
  • 425 Sq Ft Home
  • Furnished

Kitchen

  • Range
  • Microwave

Schools

  • Myrtle Beach Elementary School
  • Myrtle Beach Intermediate School
  • Myrtle Beach High School

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, pool service, insurance, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit
  • Mid-Rise Condominium

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$405

Lot Details

0

HOA Fees

$273 per month

Listing Details

  • Amenities Available: Pool-Outdoor Community
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Quarterly
  • Monthly HOA as Calculated: 273
  • HOA Management Company: Palmetto Vista 843-626-7600
  • Lvt Date: 01/17/2016
  • Sold Total Heated Sq Ft: 425
  • Sold Total Sq Ft: 425
  • Total Heated Sq Ft: 425
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Oceanview-Building
  • Gross Annual Rental Incom: 2015 $6,875
  • HOA Fees include insurance: Yes
  • Project Section Code: Palmetto Vista II - South Mb
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Furnished: Yes
  • Kitchen Type: Refrigerator, Range, Microwave
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Total Sq Ft: 425

Exterior Features

  • Exterior Finish: Block

Garage/Parking

  • Type: Condo

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Pool Service, Insurance, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit

Schools

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

Lot Info

  • Zoning: multi

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Jun 14, 2016
Sold by
Fuentes Cesar W
Bought by
Smith Kevin M
Seller's Agent
Nancy Johnson
Realty ONE Group DocksideSouth
Buyer's Agent
Missy Nesbitt
Keller Williams Innovate South
List Price
$23,000
Sold Price
$20,000
Premium/Discount to List
-$3,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Oct 30, 2013
Sold by
Waldron Bob
Bought by
Fuentes Cesar Wilfredo

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jun 12, 2012
Sold by
Johnmar Development Llc
Bought by
Waldron Bob
Seller's Agent
H. R. Privette
Luxe Realty Partners, LLC
Buyer's Agent
James Cole
Gabriel Financial Real Estate
List Price
$13,900
Sold Price
$13,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $20,000 --
Deed $17,950 --
Deed $13,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2025 02/17/25 For Sale $99,999 0.0% $286 / Sq Ft
02/17/2025 02/17/25 Price Changed $99,999 -7.4% $286 / Sq Ft
12/27/2024 12/27/24 Off Market $107,999 -- --
09/16/2024 09/16/24 Price Changed $107,999 -8.5% $309 / Sq Ft
07/29/2024 07/29/24 For Sale $118,000 +490.0% $337 / Sq Ft
06/14/2016 06/14/16 Sold $20,000 -13.0% $47 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $23,000 +65.5% $54 / Sq Ft
06/12/2012 06/12/12 Sold $13,900 0.0% $35 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $13,900 -- $35 / 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 $405 $3,780 $0 $3,780
2023 $405 $3,780 $0 $3,780
2021 $373 $3,780 $0 $3,780
2020 $356 $3,780 $0 $3,780
2019 $356 $3,780 $0 $3,780
2018 $0 $2,100 $0 $2,100
2017 $316 $2,100 $0 $2,100
2016 $0 $1,470 $0 $1,470
2015 -- $560 $0 $560
2014 $212 $560 $0 $560
Source: Public Records

Agents Affiliated with this Home

  • Blake Sloan

    Seller's Agent in 2024

    Blake Sloan

    Sloan Realty Group

    (843) 213-1346

    995 Total Sales

    Section Image
  • Quinton Morse

    Seller Co-Listing Agent in 2024

    Quinton Morse

    Sloan Realty Group

    (207) 542-5989

    36 Total Sales

    Section Image
  • Nancy Johnson

    Seller's Agent in 2016

    Nancy Johnson

    Realty ONE Group DocksideSouth

    (843) 318-1838

    77 Total Sales

    Section Image

  • M

    Buyer's Agent in 2016

    Missy Nesbitt

    Keller Williams Innovate South

    Section Image

  • H

    Seller's Agent in 2012

    H. R. Privette

    Luxe Realty Partners, LLC

  • J

    Buyer's Agent in 2012

    James Cole

    Gabriel Financial Real Estate

    (843) 446-7881

    23 Total Sales

    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1601175

Coastal Carolinas Association of REALTORS®

APN: 44501030556

South Carolina Horry County Myrtle Beach 29577

2506 S Ocean Blvd Unit 105, Myrtle Beach, SC

This home is located at 2506 S Ocean Blvd Unit 105, Myrtle Beach, SC 29577 and is currently priced at $20,000, approximately $47 per square foot. 2506 S Ocean Blvd Unit 105 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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