$95,000
SOLD JAN 8, 2025

5511 N Ocean Blvd Unit 105 Myrtle Beach, SC 29577

Grande Dunes Neighborhood
1 Bed
1.5 Baths
700 Sq Ft
$588/mo HOA Fee

Recently Sold

$136 Per Sq Ft

21% Below List Price

51 Days on Market

Highlights

  • Private Beach
  • Balcony
  • High-Rise Condominium
  • Community Indoor Pool
  • Rear Porch
  • 2-minute walk to Gardens By The Sea

About This Home

As of January 2025

LOWEST PRICED 1 BEDROOM OCEAN UNIT at the BEACH (Along the Entire Grandstrand!) 1bed/1.5 OCEAN VIEW Condo in beautiful Forest Dunes located in the prestigious "Cabana Row" section of Myrtle Beach. The building is 2nd row to the beach but with the charming and colorful day cabanas on the oceanfront, this building actually offers unobstructed views of the ocean and beach. Plus, this 1 mile Cabana section offers an oceanfront public park and fitness trail complete with multiple exercise stations along the way. Conveniently located on the 1st floor, you have a very easy walk right across the way to the beach. Only 50 steps!! This unit needs a complete renovation and has been priced accordingly. The pictures presented will show what a typical 1bed unit looks like in this building. Of course, with this blank slate, you really have a golden opportunity to create the condo of your dreams which can be used as a great primary, 2nd home or investment property. Don’t miss this rare opportunity! This property is conveniently located to everything Myrtle Beach has to offer including: Myrtle Beach International Airport, The Market Common, Coastal Grande Mall, 2 Tanger Outlet Centers, Coastal Carolina University (CCU), over 80 golf courses, 5 major hospitals, public piers, marinas, boat landings, public parks and tons of restaurants, shops and attractions.

Last Agent to Sell the Property

Radha Herring

Watermark Real Estate Group License #51279 Listed on: 10/15/2024

Last Buyer's Agent

Ashleigh Sottile

Century 21 Stopper &Associates License #85126

Century 21 Stopper &Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,535

Year Built

  • Built in 1985

Lot Details

  • Private Beach

HOA Fees

  • $588 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • 700 Sq Ft Home
  • Steel Siding

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Balcony
  • Rear Porch

Schools

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

Community Details

Overview

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

Recreation

  • Community Indoor Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,535

Year Built

Built in 1985

Lot Details

0

HOA Fees

$588 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Lazy River, Pool-Indoor Community, Private Beach Comm Access
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • HOA Fee Frequency: Monthly
  • Monthly HOA as Calculated: 588
  • HOA Management Company: Empress 843-443-4003
  • Lvt Date: 10/15/2024
  • Sold Total Heated Sq Ft: 700
  • Sold Total Sq Ft: 750
  • Total Heated Sq Ft: 700
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits
  • Exterior Unit Features: Balcony, Rear Porch, Pool - In Ground
  • HOA Fees include insurance: Yes
  • Project Section Code: Forest Dunes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 750

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Manager, Security, Common Maint/Repair, Internet Access, 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Jan 8, 2025
Sold by
Forest Dunes Resort Inc
Bought by
Heatherashleigh Llc
Seller's Agent
Radha Herring
Watermark Real Estate Group
Buyer's Agent
Ashleigh Sottile
Century 21 Stopper &Associates
List Price
$120,000
Sold Price
$95,000
Premium/Discount to List
-$25,000
-20.83%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.95%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $185,900 -2.1% $266 / Sq Ft
06/25/2025 06/25/25 Price Changed $189,900 -2.6% $271 / Sq Ft
06/23/2025 06/23/25 Price Changed $194,900 -0.5% $278 / Sq Ft
06/05/2025 06/05/25 Price Changed $195,900 -2.0% $280 / Sq Ft
04/26/2025 04/26/25 For Sale $199,900 +110.4% $286 / Sq Ft
01/08/2025 01/08/25 Sold $95,000 -12.8% $136 / Sq Ft
11/27/2024 11/27/24 Price Changed $109,000 -9.2% $156 / Sq Ft
11/05/2024 11/05/24 Price Changed $119,999 0.0% $171 / Sq Ft
10/15/2024 10/15/24 For Sale $120,000 -- $171 / 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 $1,535 $11,760 $0 $11,760
2023 $1,535 $11,760 $0 $11,760
2021 $1,416 $11,760 $0 $11,760
2020 $1,350 $11,760 $0 $11,760
2019 $1,350 $11,760 $0 $11,760
2018 $0 $7,980 $0 $7,980
2017 $1,199 $4,560 $0 $4,560
2016 -- $4,560 $0 $4,560
2015 $1,186 $7,980 $0 $7,980
2014 $1,153 $4,560 $0 $4,560
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2423899

Coastal Carolinas Association of REALTORS®

APN: 42115020071