NOT LISTED FOR SALE

Margate Towers 8500 Margate Cir Unit 1701 Myrtle Beach, SC 29572

Arcadian Shores Neighborhood

Estimated Value: $913,000 - $995,000

4 Beds
3 Baths
2,400 Sq Ft
$1,100/mo HOA Fee

Last Sold August 28, 2013

Last sale price $750,000 $312 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,916/month

68 Days on Market

Highlights

  • Ocean Front
  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Private Pool
  • Gated Community
  • Soaking Tub and Shower Combination in Primary Bathroom

About This Home

As of August 2013

Stunning Private Corner Unit on the 17th Floor at Margate Tower. Wrap around balconies with incredible 360 degree views of the Ocean, and Kingston Plantation. Condo features three spectacular balconies that wrap around the front, side, and back of condo. Condo has been completed updated with all new furniture, fixtures, counter tops, and appliances. This condo gives you the feeling of complete privacy which is hard to find. Seller spared no expense decorating this property. Once you go inside you will agree that this is by far the nicest place in Margate Tower. Must See. Property is a true second home and has never been rented.

Last Agent to Sell the Property

Colby Rowe

Rowe Ventures License #46845 Listed on: 05/30/2013

Last Buyer's Agent

Mary Maeser

Leonard Call - Kingston License #18305

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,603

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $1,100 Monthly HOA Fees

Home Design

  • Entry on the 17th floor
  • Slab Foundation
  • Wallpaper
  • Steel Siding
  • Tile

Interior Spaces

  • 2,400 Sq Ft Home
  • Furnished
  • Tray Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Single Vanity
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Whirlpool Bathtub
  • Garden Bath

Home Security

Parking

  • Secured Garage or Parking
  • Parking Garage Space

Accessible Home Design

  • Handicap Accessible

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony
  • Rear Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup
  • Clubhouse
  • Elevator

Recreation

Pet Policy

  • Only Owners Allowed Pets

Building Details

  • Security

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,603

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,100 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Security, Tennis Court, Owner Allowed Pet, Home Owners Assn Fee, Gated Community, Long Term Rental Allowed, Trash Pickup, Cable Tv, Lawn Maintenance
  • Estimated Year Built: 2004
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Ceiling Fan, Tray Ceiling
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat
  • Monthly HOA as Calculated: 1100
  • HOA Management Company: Sara Trisler - Ally Mgmnt 843-497
  • Living Room Type: Tray Ceiling
  • Sold Total Heated Sq Ft: 2400
  • Sold Total Sq Ft: 2700
  • Total Heated Sq Ft: 2400
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, East Of Bus 17
  • Exterior Unit Features: Balcony, Pool-Outdoor Private, Rear Porch, Elevator-Exterior, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Kingston Plantation - Margate Tower
  • Which Floor: 17
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Elevator-Interior, Fire Sprinkler, Handicap Access, Split Bedroom Plan, Smoke Detector, Washer/Dryer, Wshr/Dryer Connection, Furnished
  • Primary Bathroom: Double Sink, Garden Tub, Half Bath, Shower, Tray Ceiling, Tub, Vanity, Whirlpool Tub
  • Kitchen Type: Breakfast Bar, Dishwasher, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Sitting Area, Tray Ceiling, Walk-In Closet, Wallpaper/Covering
  • Bedrooms: 4
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 3
  • Levels: Single Level
  • Total Sq Ft: 2700

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

Garage/Parking

  • Type: Condo
  • Parking: Under Bldg.

Utilities

  • Water Heater: Electric
  • Utilities Available: 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, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair

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
May 30, 2013
Closed on
Aug 28, 2013
Sold by
King Kenneth W
Bought by
Gallippi Frank A
Seller's Agent
Colby Rowe
Rowe Ventures
Buyer's Agent
Mary Maeser
Leonard Call - Kingston
List Price
$789,000
Sold Price
$750,000
Premium/Discount to List
-$39,000
-4.94%
Current Estimated Value
$948,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,953
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Jan 27, 2011
Sold by
Gravitte Gregory H
Bought by
King Kenneth W

Purchase Details

Closed on
Sep 1, 2005
Sold by
Kempf Donald and Kempf Sheila
Bought by
Gravitte Gregory H and Gravitte Angela N

Purchase Details

Closed on
Aug 9, 2004
Sold by
Margate Towers Kingston Plantation Llc
Bought by
Kempf Donald and Kempf Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.62%
Mortgage Type
Unknown
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
Gallippi Frank A $750,000 --
King Kenneth W $675,000 --
Gravitte Gregory H $1,612,500 --
Kempf Donald $517,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kempf Donald $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2013 08/28/13 Sold $750,000 -4.9% $313 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $789,000 -- $329 / 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 $9,603 $60,000 $0 $60,000
2023 $9,603 $72,030 $0 $72,030
2021 $8,844 $72,030 $0 $72,030
2020 $8,486 $72,030 $0 $72,030
2019 $8,486 $72,030 $0 $72,030
2018 $8,799 $72,030 $0 $72,030
2017 $8,784 $41,160 $0 $41,160
2016 -- $41,160 $0 $41,160
2015 $8,784 $72,030 $0 $72,030
2014 -- $41,160 $0 $41,160
Source: Public Records

Agents Affiliated with this Home

  • Colby Rowe

    Seller's Agent in 2013

    Colby Rowe

    Rowe Ventures

    (843) 251-1747

    50 Total Sales

    Colby Rowe
    Section Image

  • M

    Buyer's Agent in 2013

    Mary Maeser

    Leonard Call - Kingston

See All Agents

About Margate Towers

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1309704

Coastal Carolinas Association of REALTORS®

APN: 39308040173

South Carolina Horry County Myrtle Beach 29572 Arcadian Shores

8500 Margate Cir Unit 1701, Myrtle Beach, SC

This home is located at 8500 Margate Cir Unit 1701, Myrtle Beach, SC 29572 since 30 May 2013 and is currently estimated at $948,953, approximately $395 per square foot. This property was built in 2004. 8500 Margate Cir Unit 1701 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Elementary School, and Myrtle Beach Primary 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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