Seller's Agent in 2024
Brandon Kunasek
Keller Williams Innovate South
(843) 360-1737
3 in this area
96 Total Sales
517 S Ocean Blvd Unit 401 North Myrtle Beach, SC 29582
Ocean Drive NeighborhoodEstimated Value: $534,000 - $689,000
3
Beds
3
Baths
1,436
Sq Ft
$948/mo
HOA Fee
Highlights
- Furnished
- Community Pool
- High Speed Internet
- Ocean Drive Elementary School Rated A
- Door to Door Trash Pickup
- High-Rise Condominium
About This Home
As of April 2024Welcome to your potential investment and vacation retreat at 517 S Ocean Blvd., Unit 401, North Myrtle Beach, SC 29582! Nestled along the pristine East Coast, this 3-bedroom, 3-bathroom oceanfront condo is not just a property; it's an opportunity to own a slice of paradise with potential rental income! Imagine waking up to the soothing sound of waves crashing and stepping onto your private balcony to witness the vast expanse of the Atlantic Ocean stretching out before you. This renovated coastal modern condo is not only a visual delight but also an income-generating asset when you're not basking in its serenity. Recently remodeled, this unit has brand-new Kitchen Appliances, New Backsplash, New Kitchen Cabinets, New Light fixtures and Ceiling Fans, New Quartzite Kitchen Countertops, New Frameless Shower Doors in two bathrooms, New Bathroom Vanities and Light fixtures, New Toilets, New Living Room Furniture and not to mention, a New 70-inch Flat Screen TV! Adventure seekers will find excitement at Barefoot Landing, only a short 9-minute drive away. If you're in the mood for a round of golf, premier courses like Tidewater Golf Club and Arcadian Shores Golf Club are within a 13 to 14-minute drive, respectively. Indulge in retail therapy at Tanger Outlets, just 11 minutes away, or immerse yourself in the lively atmosphere of Myrtle Beach Boardwalk, a mere 25-minute drive. What sets this property apart is its potential to generate rental income seamlessly. For out-of-state buyers seeking an investment that pays dividends, this condo is the epitome of a hands-off, potential rental income opportunity. The prime location, coupled with the condo's modern coastal aesthetics, could create high demand for vacation rentals year-round. For those escaping the cold weather, this East Coast gem boasts some of the best weather conditions, providing the perfect climate for a relaxed and comfortable lifestyle. As the Myrtle Beach Real Estate Market is the second-best vacation destination on the East Coast, North Myrtle Beach can offer not only a thriving rental market but also a haven for those looking to enjoy easy weather in a picturesque setting. Don't miss out on this rare chance to own a property that seamlessly combines investment potential with the allure of a summer retreat. Experience coastal living at its finest – make 517 S Ocean Blvd., Unit 401, your next home away from home!
Last Agent to Sell the Property
Keller Williams Innovate South License #118453 Listed on: 12/29/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,602
Year Built
- Built in 1983
HOA Fees
- $948 Monthly HOA Fees
Home Design
- Entry on the 4th floor
- Steel Siding
Interior Spaces
- 1,436 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Ocean Drive Elementary School
- North Myrtle Beach Middle School
- North Myrtle Beach High School
Utilities
- 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, master antenna/cable TV, common maint/repair, internet access, pest control
- High-Rise Condominium
- The community has rules related to allowable golf cart usage in the community
Amenities
- Door to Door Trash Pickup
Recreation
- Community Pool
Pet Policy
- Only Owners Allowed Pets
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2023
Closed on
Apr 29, 2024
Sold by
Schweizer Robert D
Bought by
Odell Bryan Lee and Odell Aerin Elisabeth
Seller's Agent
Brandon Kunasek
Keller Williams Innovate South
Buyer's Agent
Shannon Robinson
Coast To Country Realty
List Price
$649,900
Sold Price
$625,000
Premium/Discount to List
-$24,900
-3.83%
Views
315
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,213
Avg. Annual Appreciation
-2.36%
Original Mortgage
$468,750
Outstanding Balance
$463,821
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$140,507
Purchase Details
Closed on
Jan 30, 2004
Sold by
Merritt Jack D and Merritt David J
Bought by
Vaughn Robert P and Vaughn Leslie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,900
Interest Rate
5.85%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 4, 1998
Sold by
Merritt Jack D
Bought by
Merritt Willa Gray and Merritt Willa Gray
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Odell Bryan Lee | $625,000 | -- | |
| Vaughn Robert P | $239,000 | -- | |
| Merritt Willa Gray | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Odell Bryan Lee | $468,750 | |
| Previous Owner | Vaughn Robert P | $23,900 | |
| Previous Owner | Vaughn Robert P | $191,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $625,000 | -3.8% | $435 / Sq Ft |
| 03/31/2024 03/31/24 | For Sale | $649,900 | +4.0% | $453 / Sq Ft |
| 03/30/2024 03/30/24 | Off Market | $625,000 | -- | -- |
| 02/12/2024 02/12/24 | Price Changed | $649,900 | -3.0% | $453 / Sq Ft |
| 12/29/2023 12/29/23 | For Sale | $669,900 | +185.1% | $467 / Sq Ft |
| 03/26/2014 03/26/14 | Sold | $235,000 | -3.3% | $174 / Sq Ft |
| 03/06/2014 03/06/14 | Pending | -- | -- | -- |
| 10/23/2013 10/23/13 | For Sale | $242,999 | -- | $180 / Sq Ft |
Source: Coastal Carolinas Association of REALTORS®
Tax History Compared to Growth
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 | $3,602 | $37,200 | $0 | $37,200 |
| 2023 | $3,602 | $31,500 | $0 | $31,500 |
| 2021 | $3,279 | $31,500 | $0 | $31,500 |
| 2020 | $3,243 | $31,500 | $0 | $31,500 |
| 2019 | $3,128 | $31,500 | $0 | $31,500 |
| 2018 | $0 | $22,050 | $0 | $22,050 |
| 2017 | $0 | $12,600 | $0 | $12,600 |
| 2016 | $0 | $12,600 | $0 | $12,600 |
| 2015 | -- | $22,050 | $0 | $22,050 |
| 2014 | $3,029 | $13,920 | $0 | $13,920 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Kunasek
-
Shannon Robinson
S
Buyer's Agent in 2024
Shannon Robinson
Coast To Country Realty
(843) 241-8723
3 in this area
13 Total Sales
-
Lynn Clyburn
L
Seller's Agent in 2014
Lynn Clyburn
Condo-World Inc
(843) 446-9408
16 in this area
57 Total Sales
-
Carol Ann Merrill
Buyer's Agent in 2014
Carol Ann Merrill
Condo-World Inc
(843) 446-3229
13 in this area
59 Total Sales
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2400005
APN: 35609020038
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.
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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