NOT LISTED FOR SALE

5501 N Ocean Blvd Unit 201 Myrtle Beach, SC 29577

Grande Dunes Neighborhood

Estimated Value: $448,000 - $479,207

3 Beds
2 Baths
1,458 Sq Ft
$775/mo HOA Fee

Last Sold February 10, 2022

Last sale price $410,000 $281 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,794/month

59 Days on Market

Highlights

  • Furnished
  • Balcony
  • Breakfast Bar
  • Community Pool
  • Linen Closet
  • 1-minute walk to Gardens By The Sea

About This Home

As of February 2022

Wake up to spectacular views of the Atlantic Ocean from this highly sought after building, Drayton House, with only 8 units. These condos seldom come available! Being a short term rental friendly building, this unit could be used as a excellent source of income for investors, or would also make an excellent primary or secondary home. Oceans lovers can walk across the street and within seconds, be enjoying the sun and sand! Afterwards, come back and sit by the pool used by owners and their guest only! This 3 bedroom, 2 bath condo is furnished and comes to you with some recent updates including new Luxury Laminate waterproof Vinyl flooring, updated bathrooms, and more! The views from the supersized 27' deck will surely impress! The sunrises will take your breath away! Split bedroom plan keeps your guest or the kids on the other side so everyone can enjoy a little privacy. Open concept dining and living room, along with a breakfast bar. Washer and dryer convey with all deco and furnishings. Master bath has upgraded walk in shower and double sinks, guest bath has shower/tub combo along with new toilet and an amazing new vanity. Garden by the Sea Park is across the street with a beautiful flower garden and a pirate ship with a slide for the kids to play on. Drayton House is close to excellent dining, shopping, entertainment, golf, concerts and more!! Give us a call today to schedule or call your realtor for immediate showings!

Last Agent to Sell the Property

Pete Couture

Myrtle Beach Realty LLC License #110738 Listed on: 11/05/2021

Last Buyer's Agent

Carol Rosenthal

Coastal Luxury Properties License #25000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,920

Year Built

  • Built in 1983

Lot Details

  • 0.37

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction

Interior Spaces

  • 1,458 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Linen Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Home Security

Outdoor Features

  • Balcony

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, legal and accounting, pest control
  • Mid-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Additional Features

  • Door to Door Trash Pickup
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,920

Year Built

Built in 1983

Lot Details

0

HOA Fees

$775 per month

Listing Details

  • 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
  • Estimated Year Built: 1983
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 775
  • HOA Management Company: MYRTLE BEACH REALTY 843.238.5185
  • Living Room Type: Ceiling Fan
  • Lvt Date: 11/05/2021
  • Sold Total Heated Sq Ft: 1458
  • Sold Total Sq Ft: 1570
  • Total Heated Sq Ft: 1458
  • Building Style: Mid-Rise 4-6 Stories
  • Building Location: Inside City Limits, East Of Bus 17, Second Row Beach
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Drayton House
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Washer/Dryer, Wshr/Dryer Connection
  • Primary Bathroom: Double Sink, Shower
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Breakfast Bar, Microwave
  • Master Bedroom Type: Ceiling Fan, Linen Closet
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Total Sq Ft: 1570

Exterior Features

  • Exterior Finish: Brick Veneer

Garage/Parking

  • Type: Condo
  • Parking: Assigned

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity, Telephone

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, Pest Control

Schools

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

Lot Info

  • Zoning: Multi

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Denichilo Sergio J
Bought by
Cross Tammy J and Mackay Joan E
Current Estimated Value
$460,552

Purchase Details

Listed on
Jul 1, 2019
Closed on
Aug 19, 2019
Sold by
Skube Frank A
Bought by
Ratte Joseph and Linda
Seller's Agent
Holly Schreiber
Oasis Realty Collective
Buyer's Agent
Sean Corder
Corder Properties, Inc.
List Price
$319,900
Sold Price
$285,000
Premium/Discount to List
-$34,900
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Jun 16, 2000
Sold by
Hale William D and Hale Virginia
Bought by
Skube Frank A and Skube Ronda G
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Cross Tammy J $460,000 --
Ratte Joseph $285,000 --
Skube Frank A $219,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $410,000 -4.6% $281 / Sq Ft
12/29/2021 12/29/21 Price Changed $429,900 -4.4% $295 / Sq Ft
12/04/2021 12/04/21 Price Changed $449,500 -4.3% $308 / Sq Ft
11/05/2021 11/05/21 For Sale $469,900 +64.9% $322 / Sq Ft
08/21/2019 08/21/19 Sold $285,000 -10.9% $195 / Sq Ft
07/01/2019 07/01/19 For Sale $319,900 -- $219 / 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 $6,920 $27,180 $0 $27,180
2023 $6,920 $29,295 $0 $29,295
2021 $4,523 $29,295 $0 $29,295
2020 $4,961 $29,295 $0 $29,295
2019 $3,165 $26,250 $0 $26,250
2018 $0 $18,690 $0 $18,690
2017 $2,809 $10,680 $0 $10,680
2016 $0 $10,680 $0 $10,680
2015 -- $18,690 $0 $18,690
2014 $2,700 $10,680 $0 $10,680
Source: Public Records

Agents Affiliated with this Home

  • Pete Couture

    Seller's Agent in 2022

    Pete Couture

    Myrtle Beach Realty LLC

    (925) 301-6386

    3 in this area

    120 Total Sales

    Pete Couture
    Section Image
  • Carol Rosenthal

    Buyer's Agent in 2022

    Carol Rosenthal

    Coastal Luxury Properties

    (843) 907-3738

    1 in this area

    72 Total Sales

    Carol Rosenthal
    Section Image
  • Holly Schreiber

    Seller's Agent in 2019

    Holly Schreiber

    Oasis Realty Collective

    (828) 674-1333

    1 in this area

    121 Total Sales

    Holly Schreiber
    Section Image
  • Sean Corder

    Buyer's Agent in 2019

    Sean Corder

    Corder Properties, Inc.

    (843) 457-1146

    128 Total Sales

    Sean Corder
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2124877

Coastal Carolinas Association of REALTORS®

APN: 42115030068

South Carolina Horry County Myrtle Beach 29577 Grande Dunes

5501 N Ocean Blvd Unit 201, Myrtle Beach, SC

This home is located at 5501 N Ocean Blvd Unit 201, Myrtle Beach, SC 29577 since 05 November 2021 and is currently estimated at $460,552, approximately $315 per square foot. This property was built in 1983. 5501 N Ocean Blvd Unit 201 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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