$250,000

Ocean Forest Plaza 5523 N Ocean Blvd Unit 1513 Myrtle Beach, SC 29577

Estimated payment $2,277/month

Total Views 11,951
1 Bed
1 Bath
597 Sq Ft
$419 Price per Sq Ft

Highlights

  • Very Popular Property
  • Private Beach
  • Main Floor Bedroom
  • Ocean Front
  • Clubhouse
  • 4-minute walk to Gardens By The Sea

About This Home

Welcome to this exceptional TRUE 1-bedroom, 1-bath oceanfront condo in the highly sought-after Ocean Forest Plaza, located on the prestigious Cabana Row. Situated on the 15th floor, this fully furnished unit offers breathtaking, direct oceanfront views from your private balcony—an incredible opportunity for a vacation retreat, investment property, or primary residence. Short-term rentals are permitted, making this an excellent income-producing opportunity. Beautifully updated throughout, the condo features new tile flooring, a renovated kitchen with a spacious island, granite countertops and upgraded cabinetry. The floor-to-ceiling sliding doors in the living area seamlessly blend indoor and outdoor living, maximizing the coastal experience. Enjoy resort-style amenities, including an outdoor pool, indoor heated pool and spa, sauna, owner’s fitness room, owner’s laundry facilities, an exclusive owner’s lounge, a parking deck, and a private walkway to the beach. Ocean Forest Plaza is nestled in a tranquil stretch of Myrtle Beach called the "Cabana Section" because of the charming day cabanas that are located on the oceanfront. No other structures can be built there essentially make this complex oceanfront. This Cabana section is a small part of the overall "Golden Mile" area of Myrtle Beach featuring legacy primary residences for Myrtle beach locals. Short drive to everything Myrtle Beach has to offer including: Myrtle Beach International Airport, Broadway At The Beach, Barefoot Landing, The Market Common, Coastal Grande Mall, 2-Tanger Outlets, and Coastal Carolina University (CCU),marinas, public docks, landings, restaurants, golf courses, shops, entertainment. Also, only 90 miles south to beautiful Charleston, SC

Listing Agent

Radha Herring

Watermark Real Estate Group License #51279

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Private Beach
  • End Unit
  • Lawn

HOA Fees

  • $700 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 597 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

Additional Features

  • Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,212

Year Built

Built in 1986

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Unit Location: Oceanfront-Unit, End Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Pool-Indoor Community, Private Beach Comm Access
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air
  • Monthly HOA as Calculated: 700
  • HOA Management Company: Waccamaw - 843-272-8702
  • Lvt Date: 03/03/2025
  • Sold Total Heated Sq Ft: 597
  • Sold Total Sq Ft: 787
  • Total Heated Sq Ft: 597
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony, Front Porch, Patio
  • Gross Annual Rental Incom: $34,432 2024 - VRBO/Self
  • HOA Fees include insurance: Yes
  • Project Section Code: Ocean Forest Pl
  • Rental Mgmt Contract: Yes
  • Which Floor: 15
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Smoke Detector, Furnished, Enter Through Foyer
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms, Foyer
  • Kitchen Type: Refrigerator, Range, Work Island, Breakfast Bar, Microwave, Solid Surface Countertops
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 787
  • Bathroom Features:Shared Primary Bath: Double Sink, Shower, Vanity, Half Bath

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

Utilities

  • Utilities Available: Cable Tv, Electricity, Sewer, Underground Utilities, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Security, Rec. Facilities, Primary Antenna/Cable Tv, Common Maint/Repair, Electric In Unit, 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: RMV

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

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 $2,212 $13,230 $0 $13,230
2023 $2,212 $13,230 $0 $13,230
2021 $2,043 $13,230 $0 $13,230
2020 $1,948 $13,230 $0 $13,230
2019 $1,459 $11,550 $0 $11,550
2018 $0 $8,610 $0 $8,610
2017 $1,294 $4,920 $0 $4,920
2016 -- $4,920 $0 $4,920
2015 $1,123 $7,560 $0 $7,560
2014 $1,092 $4,320 $0 $4,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2025 03/03/25 For Sale $250,000 +79.9% $419 / Sq Ft
12/20/2019 12/20/19 Sold $139,000 -4.1% $214 / Sq Ft
10/21/2019 10/21/19 For Sale $144,900 +78.9% $223 / Sq Ft
03/31/2015 03/31/15 Sold $81,000 -11.9% $135 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
04/29/2014 04/29/14 For Sale $91,900 -- $153 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Warranty Deed $139,000 --
Warranty Deed $81,000 --
Warranty Deed $87,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,100 New Conventional
Previous Owner $77,500 Fannie Mae Freddie Mac
Previous Owner $40,000 Unknown
Source: Public Records

About the Listing Agent

Radha Herring

Watermark Real Estate Group

(843) 938-6622

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Radha is a native of Myrtle Beach, graduating from MBHS in 1990. She then went on to obtain a B.S. in Engineering from Clemson University. In Raleigh NC, she built her corporate career working in the telecommunications industry before returning to her hometown in 2006 with a greater focus on real estate. After experiencing both the positive and negative sides of the corporate world, Radha has been able to model her real estate business in a manner that suits her personal goals and her client’s

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2505255

Coastal Carolinas Association of REALTORS®

APN: 42115020222