507 S Ocean Blvd Unit 205 North Myrtle Beach, SC 29582
Ocean Drive NeighborhoodEstimated payment $8,949/month
Highlights
- Ocean Front
- Recreation Room
- Solid Surface Countertops
- Ocean Drive Elementary School Rated A
- Furnished
- Community Pool
About This Home
Stunning Newly Renovated 7-Bedroom Oceanfront Condo -Turnkey Investment Opportunity! Welcome to Ambassador Villas, a beautifully updated, FULLY FURNISHED 7-bedroom, 6.5-bath oceanfront condo in the heart of North Myrtle Beach. Spanning two spacious floors, this luxurious retreat boasts private balconies on each level with breathtaking views of the Atlantic -perfect for enjoying your morning coffee or evening breeze. Every detail has been thoughtfully upgraded, including:*Brand-new modern furniture throughout*Stainless steel appliances*DOUBLE REFRIGERATORS with filtered water & ice*LVP flooring*ROKU SMART TVs in every room*Fresh paint, new lighting fixtures, hardware, and designer mirrors*Game room with a pool table and TV - ideal for entertaining. This condo comfortably accommodates small to large groups, making it the perfect vacation home, rental property, or primary residence. It's also Airbnb-ready, currently operating as a successful Superhost property with "Guest Favorite" status. Enjoy the building's amenities, including a sun deck, covered pool, hot tub, and outdoor wash station - everything you need after a beach day. Conveniently located within walking distance to dining and just minutes from Grand Strand attractions, this is coastal living at its best.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,675
Year Built
- Built in 2006
HOA Fees
- $1,683 Monthly HOA Fees
Home Design
- Bi-Level Home
- Entry on the 2nd floor
- Raised Foundation
- Vinyl Siding
- Tile
Interior Spaces
- 3,504 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Dining Area
- Recreation Room
- Washer and Dryer
Kitchen
- Breakfast Bar
- Oven
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- Solid Surface Countertops
- Disposal
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
Home Security
Parking
- Secured Garage or Parking
- Parking Garage Space
Schools
- Ocean Drive Elementary School
- North Myrtle Beach Middle School
- North Myrtle Beach High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Phone Available
- Cable TV Available
Additional Features
- Balcony
- Ocean Front
Community Details
Overview
- Association fees include water and sewer, trash pickup, pool service, landscape/lawn, rec. facilities, primary antenna/cable TV, common maint/repair, internet access, pest control
- Mid-Rise Condominium
- The community has rules related to allowable golf cart usage in the community
Amenities
- Elevator
Recreation
- Community Pool
Pet Policy
- Only Owners Allowed Pets
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
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 | $11,675 | $49,800 | $0 | $49,800 |
| 2023 | $11,675 | $47,775 | $0 | $47,775 |
| 2021 | $5,870 | $47,775 | $0 | $47,775 |
| 2020 | $5,805 | $47,775 | $0 | $47,775 |
| 2019 | $5,600 | $47,775 | $0 | $47,775 |
| 2018 | $5,162 | $39,480 | $0 | $39,480 |
| 2017 | $5,117 | $22,560 | $0 | $22,560 |
| 2016 | -- | $22,560 | $0 | $22,560 |
| 2015 | $5,071 | $39,480 | $0 | $39,480 |
| 2014 | $4,909 | $22,560 | $0 | $22,560 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/21/2025 10/21/25 | For Sale | $1,200,000 | +27.7% | $342 / Sq Ft | |
| 01/02/2025 01/02/25 | Sold | $940,000 | -5.1% | $268 / Sq Ft | View Prior Sale |
| 11/08/2024 11/08/24 | For Sale | $990,000 | +16.5% | $283 / Sq Ft | |
| 04/29/2022 04/29/22 | Sold | $850,000 | -14.1% | $243 / Sq Ft | View Prior Sale |
| 03/07/2022 03/07/22 | For Sale | $989,900 | -- | $283 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $940,000 | -- | |
| Warranty Deed | $850,000 | -- | |
| Deed | $480,000 | -- | |
| Deed | $369,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $1,500,000 | Attorney | |
| Deed | $1,000,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $637,500 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $1,100,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $800,000 | Purchase Money Mortgage |
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2525541
APN: 35609020289
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