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
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 2025This 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
NextHome The Palmetto State License #55267 Listed on: 09/07/2024
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
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%
Total Days on Market
162
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,696
Avg. Annual Appreciation
-23.56%
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
13.01%
Purchase Details
Closed on
Nov 4, 2002
Sold by
Pwpp Partners A Sc Gen Partner
Bought by
Norton Thomas L
Similar Homes in Myrtle Beach, SC
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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
Average Home Value in this Area
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
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
-
S
Seller's Agent in 2025
Sandra Cribb
NextHome The Palmetto State
-
M
Seller's Agent in 2021
Michael Foggotte
Coastal Sands Realty
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 2420891
APN: 42115020070
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.
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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