$483,000
SOLD AUG 7, 2023
3 Beds
2 Baths
1,160 Sq Ft
$1,388/mo HOA Fee

Recently Sold

$416 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Ocean Front
  • Clubhouse
  • Furnished
  • Primary bedroom faces the ocean
  • Community Indoor Pool
  • Lawn

About This Home

As of July 2024

Ideally located DIRECT OCEANFRONT 3 bedroom / 2 full bathroom condominium in one of Myrtle Beach's most popular oceanfront resorts - The Caribbean Resort. #705 Caribbean is on the 7th floor (not too high, not too low) and is located in one of the newest oceanfront buildings along the Grand Strand coastline. This beauty has everything you want both in the condo itself as well as the resort. FLOORING: * Diagonally-laid 12" tile floors in the foyer, hallway, kitchen, and both bathrooms * Berber carpet in the living room and all 3 BR's. KITCHEN: * Granite countertops * Stainless steel and black dishwasher, stove/oven, and microwave * Black refrigerator * Undermount sink * Raised bar counter with room for 4 stools * Tiled backsplash * White raised-panel cabinets with brushed nickel knobs. LIVING ROOM: * Sleeper sofa * coffee table * 2 side chairs * large flat-screen TV * Floor-to-ceiling glass * Amazing VIEWS! PRIMARY BEDROOM: *Faces the ocean so you can lie in bed and see the ocean, sunrise, and the horizon * King-sized bed * 2 night stands * closet * dresser * large flat-screen TV * Floor-to-ceiling glass with outstanding views * En-suite bathroom with granite sink top, framed mirror, decorative lighting, and a tub/shower combo. The 2nd BR has a queen-sized bed, dresser, 2 night stands, closet, and flat-screen TV. The 3rd BR has 2 full beds, night stand, closet, and a flat-screen TV. The guest bathroom also has a granite sink top, framed mirror, decorative lighting, and a tub/shower combo. The current owner put in a brand new HVAC system in February 2020. The resort itself has everything including: Outdoor lazy river * oceanfront water park * Indoor and outdoor hot tubs * Indoor pool and kiddie pool * Outdoor pool * Oceanfront tiki bar (in season) * Ben & Jerry's ice cream * Starbucks * Sea Captain's House restaurant right next door * Day Spa * Fitness Room * Fire pit * Game Room * Corn hole * Gift Shop * EV Charging Station * Valet parking. Whew....that was a mouthful, but I think you get the picture....#705 Caribbean Resort is an ideal 2nd home as well as an exceptional rental income producing property. This gorgeous condo is now available for sale and it's your chance to finally own an oceanfront property that you'd be proud to show off to your family, friends, and business associates so they can experience the Myrtle Beach area in an upscale condo with STUNNING VIEWS !!

Last Agent to Sell the Property

Mark Loomis

INNOVATE Real Estate License #17941 Listed on: 06/19/2023

INNOVATE Real Estate

Last Buyer's Agent

The Forturro Group

Keller Williams The Forturro G

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $1,388 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 7th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 1,160 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Carpet
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom faces the ocean
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Balcony

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, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, electric in unit, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,388 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, 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, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 2007
  • 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: 1388
  • HOA Management Company: Ally Property Mgmt 843-497-3555
  • Lvt Date: 06/19/2023
  • Sold Total Heated Sq Ft: 1160
  • Sold Total Sq Ft: 1240
  • Total Heated Sq Ft: 1160
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: $64,086.84 (2022)
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Caribbean Oceanfront Condominium Tower - Ph II
  • Rental Mgmt Contract: Yes
  • Which Floor: 07
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2007

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Range Hood, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: Oceanfront Master Bedroom
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1240

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, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, Internet Access

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

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
07/17/2024 07/17/24 Sold $425,000 -4.5% $366 / Sq Ft
05/30/2024 05/30/24 Price Changed $445,000 -3.2% $384 / Sq Ft
05/19/2024 05/19/24 For Sale $459,900 -4.8% $396 / Sq Ft
08/07/2023 08/07/23 Sold $483,000 +0.7% $416 / Sq Ft
06/30/2023 06/30/23 Price Changed $479,575 -4.0% $413 / Sq Ft
06/19/2023 06/19/23 For Sale $499,575 +61.2% $431 / Sq Ft
10/12/2018 10/12/18 Sold $310,000 -2.2% $270 / Sq Ft
07/11/2018 07/11/18 For Sale $316,900 -- $276 / 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: 2312092

Coastal Carolinas Association of REALTORS®