NOT LISTED FOR SALE

5504 N Ocean Blvd Unit The Bahama Joe North Myrtle Beach, SC 29582

Cherry Grove Neighborhood

Estimated Value: $1,402,000 - $2,362,000

6 Beds
6.5 Baths
2,550 Sq Ft
$742/Sq Ft Est. Value

Last Sold September 19, 2019

Last sale price $850,000 $333 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $11,176/month

668 Days on Market

Highlights

  • Ocean Front
  • Loft
  • Balcony
  • Ocean Drive Elementary School Rated A
  • Furnished
  • Front Porch

About This Home

As of September 2019

Don't miss this direct OCEANFRONT home in the ever popular Cherry Grove section of North Myrtle Beach. This spacious home features 6 bedroom suites, all with a private full baths. The home is currently used as a rental and has great rental income. Known as 'THE BAHAMA JOE", this is truly a beach front getaway complete with expansive rear porch overlooking the big blue Atlantic. Home has been well maintained and features all tile floors on first level and laminate wood flooring upstairs. The ground floor features a storage garage, store room and outdoor shower. Property has just been surveyed. Come check this one out!!

Last Agent to Sell the Property

Ty Bellamy

RE/MAX Southern Shores NMB Listed on: 10/06/2017

Co-Listed By

Scott Ellis

RE/MAX Southern Shores NMB License #9282

Last Buyer's Agent

Ty Bellamy

RE/MAX Southern Shores NMB Listed on: 10/06/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,215

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Ocean Front
  • Rectangular Lot
  • Property is zoned R-4

Parking

  • Tuck Under Parking

Home Design

  • Stilt Home
  • Raised Foundation
  • Concrete Siding
  • Siding
  • Tile

Interior Spaces

  • 2,550 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Combination Dining and Living Room
  • Loft
  • Laminate Flooring
  • Fire and Smoke Detector
  • Washer and Dryer

Kitchen

  • Breakfast Bar
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Balcony
  • Front Porch

Location

  • Flood Zone Lot
  • East of US 17

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,215

Year Built

Built in 2003

Lot Details

0

Parking

6

Listing Details

  • Lot Description: Designated Flood Zone, Rectangular
  • Four Sided Lot Measurement: 49.8 x 125 x 49.58 x 125
  • Estimated Year Built: 2003
  • Class: Residential
  • Construction Status: Resale
  • Floor Cover: Laminate, Tile
  • HOA Fee Frequency: Does Not Have Hoa
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Living Room Type: Ceiling Fan
  • Lvt Date: 10/07/2017
  • Sold Total Heated Sq Ft: 2550
  • Sold Total Sq Ft: 3055
  • Style: Raised Beach
  • Type Of Parking: Under House - Raised Beach
  • Vehicle Parking Capacity: 6
  • Total Heated Sq Ft: 2550
  • Geo Subdivision: SC
  • Section Subdivision: Not within a Subdivision
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat Convey, Smoke Detector, Wshr/Dryer Connection, Washer/Dryer, Split Bedroom Plan, Furnished
  • Other Rooms: Loft
  • Kitchen Type: Breakfast Bar, Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range
  • Bedrooms: 6
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Levels: Three Or More
  • Total Sq Ft: 3055

Exterior Features

  • Exterior Features: Balcony, Front Porch, Rear Porch, Insulated Doors/Windows
  • Exterior Finish: Concrete Fiber Siding, Siding
  • Foundation: Raised Beach
  • Number Of Acres: 0.14

Garage/Parking

  • Type: Detached

Utilities

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

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, Inside City Limits, East Of Bus 17
  • Zoning: R-4

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2024
Sold by
Carr Girls Llc
Bought by
Atlas Sky Llc
Current Estimated Value
$1,891,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,854,641
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$69,725

Purchase Details

Listed on
Oct 6, 2017
Closed on
Sep 18, 2019
Sold by
Tucker Gregory A
Bought by
Carr Girls Llc
Seller's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
Buyer's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
List Price
$1,075,000
Sold Price
$850,000
Premium/Discount to List
-$225,000
-20.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.54%

Purchase Details

Listed on
Oct 6, 2017
Closed on
Aug 1, 2019
Sold by
Num 5504 Cherry Grove Llc
Bought by
Tucker Gregory A and Tucker Sharon K
Seller's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
Buyer's Agent
Ty Bellamy
RE/MAX Southern Shores NMB
List Price
$1,075,000
Sold Price
$850,000
Premium/Discount to List
-$225,000
-20.93%

Purchase Details

Closed on
Dec 28, 2018
Sold by
Tucker Gregory A
Bought by
5504 Cherry Grove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2017
Sold by
Amick Properties Llc
Bought by
Tucker Gregory A and Tucker Sharon K

Purchase Details

Closed on
May 23, 2016
Sold by
Tucker Gregory A
Bought by
Tucker Gregory A and Tucker Sharon K

Purchase Details

Closed on
Jun 5, 2012
Sold by
Tower Lien Llc
Bought by
Tucker Gregory A

Purchase Details

Closed on
Feb 13, 2012
Sold by
Delinquent Tax Manager Horry County
Bought by
Tower Lien Llc

Purchase Details

Closed on
Aug 17, 2007
Sold by
Beeson Linda T
Bought by
Tucker Gregory A and Tucker Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Beeson Joe O
Bought by
Beeson Linda T
Source: Public Records

Range of Values:

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Average Value
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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
Atlas Sky Llc $2,400,000 --
Carr Girls Llc $850,000 --
Tucker Gregory A -- --
5504 Cherry Grove Llc -- --
Tucker Gregory A -- --
Tucker Gregory A -- --
Tucker Gregory A $487,158 --
Tower Lien Llc $350,000 --
Tucker Gregory A $1,500,000 Attorney
Beeson Linda T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlas Sky Llc $1,920,000
Previous Owner 5504 Cherry Grove Llc $975,000
Previous Owner Tucker Gregory A $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2019 09/19/19 Sold $850,000 -4.0% $333 / Sq Ft
07/30/2019 07/30/19 Price Changed $885,000 -0.6% $347 / Sq Ft
07/16/2019 07/16/19 Price Changed $889,900 -1.1% $349 / Sq Ft
07/02/2019 07/02/19 Price Changed $899,900 -2.2% $353 / Sq Ft
06/20/2019 06/20/19 Price Changed $920,000 -5.1% $361 / Sq Ft
06/12/2019 06/12/19 Price Changed $969,900 -0.5% $380 / Sq Ft
04/17/2019 04/17/19 Price Changed $974,900 -0.5% $382 / Sq Ft
03/13/2019 03/13/19 Price Changed $979,900 -1.0% $384 / Sq Ft
10/30/2018 10/30/18 Price Changed $989,900 -1.0% $388 / Sq Ft
07/05/2018 07/05/18 Price Changed $999,900 -3.9% $392 / Sq Ft
06/06/2018 06/06/18 Price Changed $1,040,000 -1.0% $408 / Sq Ft
04/10/2018 04/10/18 Price Changed $1,050,000 -2.3% $412 / Sq Ft
10/06/2017 10/06/17 For Sale $1,075,000 -- $422 / 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 $14,215 $111,578 $76,500 $35,078
2023 $14,215 $57,174 $39,600 $17,574
2021 $12,938 $57,174 $39,600 $17,574
2020 $12,795 $57,174 $39,600 $17,574
2019 $16,741 $77,538 $39,600 $37,938
2018 $17,846 $78,000 $35,454 $42,546
2017 $17,690 $78,000 $35,454 $42,546
2016 -- $54,348 $35,454 $18,894
2015 $12,218 $54,348 $35,454 $18,894
2014 $11,827 $54,348 $35,454 $18,894
Source: Public Records

Agents Affiliated with this Home

  • Ty Bellamy

    Seller's Agent in 2019

    Ty Bellamy

    RE/MAX

    (843) 602-7873

    74 in this area

    523 Total Sales

    Ty Bellamy
    Section Image
  • Scott Ellis

    Seller Co-Listing Agent in 2019

    Scott Ellis

    RE/MAX

    (843) 603-1439

    5 in this area

    53 Total Sales

    Scott Ellis
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1721410

Coastal Carolinas Association of REALTORS®

APN: 35209030127

South Carolina Horry County North Myrtle Beach 29582 Cherry Grove

5504 N Ocean Blvd Unit The Bahama Joe, North Myrtle Beach, SC

This home is located at 5504 N Ocean Blvd Unit The Bahama Joe, North Myrtle Beach, SC 29582 since 06 October 2017 and is currently estimated at $1,891,921, approximately $741 per square foot. This property was built in 2003. 5504 N Ocean Blvd Unit The Bahama Joe is a home located in Horry County with nearby schools including Ocean Drive Elementary School, North Myrtle Beach Middle School, and North Myrtle Beach High 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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