$515,000
SOLD APR 9, 2025

5511 N Ocean Blvd Unit 1802 Myrtle Beach, SC 29577

Grande Dunes Neighborhood
3 Beds
2.5 Baths
1,552 Sq Ft
$1,710/mo HOA Fee

Recently Sold

$332 Per Sq Ft

1% Below List Price

162 Days on Market

Highlights

  • Unit is on the top floor
  • Clubhouse
  • Community Indoor Pool
  • Penthouse
  • Main Floor Bedroom
  • 2-minute walk to Gardens By The Sea

About This Home

As of April 2025

This turnkey vacation rental is less than 100 steps to the beach and will be a fantastic addition to your investment portfolio. Looking for a second home or primary residence instead? This unit is perfect for full-time living and is so spacious, it's hard to believe it is even a condo. Located just north of the highly sought-after Golden Mile of Myrtle Beach, within the exclusive Cabana District, this 3-bedroom, 2.5-bathroom updated Penthouse unit offers unobstructed south-facing ocean views that stretch for miles. This view is so unique, many owners won’t even consider selling because there’s nothing else like it on the beach! Featuring an open-concept living area with floor to ceiling windows, fireplace and wet bar, modern kitchen, and beautifully updated baths, this fully furnished penthouse blends luxury with coastal comfort. Enjoy your morning coffee or evening wine on the private balcony which is situated so it offers both sunrise and sunset views. The spacious master suite also offers the same breathtaking views, an en-suite bath with spa inspired tiled shower, and a walk-in closet. Two additional bedrooms provide room for family or guests, making this property perfect for both personal use and rental potential. It includes a washer and dryer in the unit but there is also a coin operated laundry onsite if ever needed. Forest Dunes also has a lazy river, indoor & outdoor swimming pools, hot tub, gym and even has an onsite beachside restaurant. As a proven self-managed vacation rental, this penthouse is a turnkey investment opportunity with a strong rental history. Guests love the privacy of the penthouse setting, direct beach access, and close proximity to the best dining and entertainment Myrtle Beach has to offer.

Last Agent to Sell the Property

Sandra Cribb

NextHome The Palmetto State License #55267 Listed on: 09/07/2024

NextHome The Palmetto State

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,797

Year Built

  • Built in 1985

HOA Fees

  • $1,710 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Penthouse
  • Steel Siding
  • Tile

Interior Spaces

  • 1,552 Sq Ft Home
  • Wet Bar
  • Furnished
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Luxury Vinyl Tile Flooring

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Location

  • Unit is on the top floor
  • Flood Zone Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Balcony
  • Lawn

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, rec. facilities, legal and accounting, primary antenna/cable TV, common maint/repair, recycling, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Recycling
  • Clubhouse

Recreation

  • Community Indoor Pool

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,797

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,710 per month

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Unit Location: Oceanview-Unit, Penthouse, Top Floor
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Recycling Available, Lazy River, Pool-Indoor Community
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Fireplace, Wet Bar
  • Floor Cover: Tile, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 1710
  • HOA Management Company: Empress 843-443-4003
  • Lvt Date: 09/07/2024
  • Sold Total Heated Sq Ft: 1552
  • Sold Total Sq Ft: 1600
  • Total Heated Sq Ft: 1552
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanview-Building, Inside City Limits, East Of Bus 17, Second Row Beach
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Forest Dunes
  • Which Floor: 18
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fireplace, Fire Sprinkler, Handicap Access, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer, Laundry/Utility
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Breakfast Bar, Oven, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 1600
  • Bathroom Features:Shared Primary Bath: Shower, Vanity

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, Rec. Facilities, Legal And Accounting, Primary Antenna/Cable Tv, Common Maint/Repair, Recycling, 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
Sep 7, 2024
Closed on
Apr 3, 2025
Sold by
Hunt Steve Douglas
Bought by
Smith Scott C and Smith Nicole M
Seller's Agent
Sandra Cribb
NextHome The Palmetto State
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%
Views
24

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-35.49%

Purchase Details

Closed on
Aug 12, 2024
Sold by
Campbell Rebecca I
Bought by
Hunt Steve Douglas

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 13, 2021
Sold by
Norton Thomas L
Bought by
Campbell Rebecca I
Seller's Agent
Michael Foggotte
Coastal Sands Realty
Buyer's Agent
Sandra Cribb
NextHome The Palmetto State
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Nov 4, 2002
Sold by
Pwpp Partners A Sc Gen Partner
Bought by
Norton Thomas L
Source: Public Records

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Range of Values:

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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 $515,000 --
Warranty Deed -- --
Warranty Deed $280,000 --
Deed $219,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $94,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Sold $515,000 -0.8% $332 / Sq Ft
04/08/2025 04/08/25 For Sale $519,000 +0.8% $334 / Sq Ft
04/08/2025 04/08/25 Off Market $515,000 -- --
09/07/2024 09/07/24 For Sale $519,000 +85.4% $334 / Sq Ft
04/15/2021 04/15/21 Sold $280,000 -6.4% $180 / Sq Ft
02/17/2021 02/17/21 For Sale $299,000 -- $193 / 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 $5,797 $21,105 $0 $21,105
2023 $5,797 $21,105 $0 $21,105
2021 $5,350 $21,105 $0 $21,105
2020 $3,108 $21,105 $0 $21,105
2019 $3,108 $21,105 $0 $21,105
2018 $0 $19,110 $0 $19,110
2017 $0 $10,920 $0 $10,920
2016 $0 $10,920 $0 $10,920
2015 -- $19,110 $0 $19,110
2014 $2,761 $10,920 $0 $10,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2420891

Coastal Carolinas Association of REALTORS®

APN: 42115020070