$519,900
$40K PRICE DROP

501 S Ocean Blvd Unit 505 North Myrtle Beach, SC 29582

Ocean Drive Neighborhood

Estimated payment $4,475/month

Total Views 11,619
3 Beds
3 Baths
1,650 Sq Ft
$315 Price per Sq Ft

Highlights

  • Ocean Front
  • Private Beach
  • Lawn
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Solid Surface Countertops

About This Home

Welcome to The Verandas, one of the premier oceanfront condos in North Myrtle Beach, offering this stunning 3-bedroom, fully furnished unit with breathtaking views of the ocean. This exceptional property not only provides a serene coastal lifestyle but also boasts a steady rental income, making it a perfect investment opportunity. Step inside this beautifully appointed unit and be greeted by spacious living areas filled with natural light. The open-concept design seamlessly connects the living room, dining area, and kitchen, creating an inviting space for entertaining and relaxation. Each bedroom is tastefully furnished, ensuring comfort and style for you and your guests. The Verandas offers an array of amenities that cater to both relaxation and recreation. Enjoy the lazy river, take a dip in the pool, or stroll down to the private beach access for a day of sun and sand. This property truly embodies the best of coastal living. Don't miss out on this great opportunity to own a piece of paradise with the added benefit of rental income. Schedule a viewing today and experience the charm and luxury of North Myrtle Beach Living.

Listing Agent

The Wave Team

Garden City Realty, Inc Listed on: 01/29/2025

Co-Listing Agent

William Hewitt

Garden City Realty, Inc License #102759

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,264

Year Built

  • Built in 1999

Lot Details

  • Ocean Front
  • Private Beach
  • Lawn

HOA Fees

  • $1,130 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 5th floor
  • Stucco
  • Tile

Interior Spaces

  • 1,650 Sq Ft Home
  • Furnished
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • Balcony

Schools

  • Ocean Drive Elementary School
  • North Myrtle Beach Middle School
  • North Myrtle Beach High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,264

Year Built

Built in 1999

Lot Details

0

HOA Fees

$1,130 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit
  • Amenities Available: 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, Private Beach Comm Access
  • Estimated Year Built: 1999
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile, Laminate
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Forced Air, Central Air, Electric
  • Monthly HOA as Calculated: 1130
  • HOA Management Company: Pinnacle - (843) 449-8103
  • Lvt Date: 01/29/2025
  • Total Heated Sq Ft: 1650
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Elevator-Exterior, Insulated Doors/Windows
  • Gross Annual Rental Incom: $30k+
  • Project Section Code: Verandas, The - Nmb
  • Rental Mgmt Contract: Yes
  • Which Floor: 05
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1999

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Other Rooms: Foyer
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 3
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 1750
  • Bathroom Features:Shared Primary Bath: Shower, Vanity, Garden Tub

Exterior Features

  • Exterior Finish: Stucco

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public

Condo/Co-op/Association

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

Lot Info

  • Zoning: MF

MLS Schools

  • Elementary School: Ocean Drive Elementary
  • HighSchool: North Myrtle Beach High School
  • Middle School: North 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

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 $7,264 $33,600 $0 $33,600
2023 $7,264 $31,500 $0 $31,500
2021 $4,073 $31,500 $0 $31,500
2020 $4,028 $31,500 $0 $31,500
2019 $3,498 $28,350 $0 $28,350
2018 $0 $28,350 $0 $28,350
2017 $3,674 $16,200 $0 $16,200
2016 -- $16,200 $0 $16,200
2015 $3,642 $28,350 $0 $28,350
2014 -- $16,200 $0 $16,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2025 11/16/25 Price Changed $519,900 -1.9% $315 / Sq Ft
11/05/2025 11/05/25 Price Changed $529,900 -1.9% $321 / Sq Ft
08/01/2025 08/01/25 For Sale $539,900 0.0% $327 / Sq Ft
08/01/2025 08/01/25 Off Market $539,900 -- --
07/22/2025 07/22/25 Price Changed $539,900 -3.6% $327 / Sq Ft
01/29/2025 01/29/25 For Sale $559,900 +1.8% $339 / Sq Ft
08/22/2023 08/22/23 Sold $550,000 0.0% $331 / Sq Ft View Prior Sale
07/18/2023 07/18/23 For Sale $550,000 +80.3% $331 / Sq Ft
10/18/2019 10/18/19 Sold $305,000 -3.2% $184 / Sq Ft View Prior Sale
09/08/2019 09/08/19 For Sale $315,000 -- $190 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 --
Warranty Deed $305,000 --
Warranty Deed -- --
Deed $278,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2502185

Coastal Carolinas Association of REALTORS®

APN: 35609020307

South Carolina Horry County North Myrtle Beach 29582 Ocean Drive

501 S Ocean Blvd Unit 505, North Myrtle Beach, SC

For Sale

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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Listing Agent
The Wave Team
Section Image
Garden City Realty, Inc
(854) 888-9460