$460,000
SOLD JAN 30, 2025

5501 N Ocean Blvd Unit 201 Myrtle Beach, SC 29577

Grande Dunes Neighborhood
3 Beds
2 Baths
1,458 Sq Ft
$825/mo HOA Fee

Recently Sold

$316 Per Sq Ft

8% Below List Price

67 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Stainless Steel Appliances
  • End Unit
  • Community Pool
  • 1-minute walk to Gardens By The Sea

About This Home

As of January 2025

RARE OPPORTUNITY at DRAYTON HOUSE! Second Floor end unit located within the “Golden Mile” and the “Cabana District”. This 3 bedroom 2 full bath unit not only is located in one of the most ideal locations along the beach but delivers a spectacular view of the Atlantic Ocean just beyond the cabanas. Spacious and comfort accompanies this hard to find unit in a building with its own private pool and outdoor elevator. This unit would make an excellent primary residence, second home beach getaway or a healthy income producing investment property. This rare unit does not have a typical floor plan seen in ocean front condos, large spacious rooms and a functional floor plan. The spacious kitchen has plenty of cabinet space including a breakfast bar and a separate room for laundry. The oversized balcony oversees the cabana section and can be accessed from the master bedroom or main living area. Easy access to the beach within footsteps. There are only 8 units in this building and this end unit provides a bay window in the dining area and bedrooms for lots of natural light. Drayton House is not only located in a terrific area of Myrtle Beach, it is close to everything you could want! After spending the day on the beach building sandcastles, surfing or just soaking up the sun, you are minutes away from endless restaurants from exotic to traditional, golfing, shopping, miniature golf for the family, and the Award- winning Carolina Opry! This immaculately maintained condo is ready for your sunrises and sunsets with memories to last a lifetime.

Last Agent to Sell the Property

Mark Fales

Fnis Blac Knight MLS Solutions License #124337

Last Buyer's Agent

Shawn Finigan

DR Horton License #86977

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1983

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $825 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, common maint/repair, pest control
  • Mid-Rise Condominium

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1983

Lot Details

0

HOA Fees

$825 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit, End Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • 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: 825
  • HOA Management Company: Myrtle Beach Realty 843-238-5185
  • Living Room Type: Ceiling Fan
  • Lvt Date: 10/15/2024
  • 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, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Drayton House
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1983

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Enter Through Foyer
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Breakfast Bar, Oven, Microwave, Stainless Steel Apps.
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1570
  • Bathroom Features:Shared Primary Bath: Double Sink, Shower

Exterior Features

  • Exterior Finish: Brick Veneer

Garage/Parking

  • Type: Condo
  • Parking: 1.5 Car Unit

Utilities

  • Water Heater: Electric
  • Utilities Available: 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, Common Maint/Repair, Pest Control

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

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

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $460,000 -5.6% $316 / Sq Ft
11/08/2024 11/08/24 Price Changed $487,500 -2.5% $334 / Sq Ft
10/15/2024 10/15/24 For Sale $499,999 -- $343 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2423859

Coastal Carolinas Association of REALTORS®

South Carolina Horry County Myrtle Beach 29577 Grande Dunes

5501 N Ocean Blvd Unit 201, Myrtle Beach, SC

Homes for Sale in Myrtle Beach, SC

This home is located at 5501 N Ocean Blvd Unit 201, Myrtle Beach, SC 29577 and is currently priced at $460,000, 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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