Margate Towers 8500 Margate Cir Unit 2005 Myrtle Beach, SC 29572
Arcadian Shores Neighborhood
3
Beds
3
Baths
2,436
Sq Ft
$1,114/mo
HOA Fee
About This Home
As of April 2018VIEW VIRTUAL MATTERPORT TOUR OF THIS PROPERTY! SCROLL DOWN ON VIRTUAL TOUR LINK. WALK THOUGH THE CONDO!! Newly remodeled Ocean Front 2,400 sq ft condo, 9' ceilings with Crown Molding, custom decor & spectacular views of the ocean create an atmosphere of casual elegance. Located on the 20th floor of Margate Tower this heavenly retreat features 3 bedrooms (2 are Ocean Front Master Suites), a Den/seating area, Gourmet Kitchen, Utility room with full size washer & dryer and a spacious terrace. Master Suite with extra large walk-in closet, 32" flat screen TV and a separate den/sitting area with 2 chairs provide a cozy place to enjoy the ocean view. The over-sized master bath includes a double sink vanity and a shower/tub combo. The 2nd Master suite features a deluxe king size bed & 32" flat screen TV and direct access to the Terrace. Master bath includes a double vanity with jetted tub, separate shower and spacious walk-in closet. The third bedroom has 2 standar sized beds & a 27" flat screen TV. The Great Room has spectacular views of the ocean from the terrace. Furnishings include a Love seat and sleeper sofa and an entertainment center with 50 inch Smart TV and a DVD player. The Gourmet Kitchen features granite counter tops and stainless steel appliances including a side-by-side Refrigerator-Freezer. The Utility room has a front loading washer and dryer with large Utility Sink and separate door entrance from the hallway. The large Terrace (227 sq ft) is furnished with 2 chairs, loveseat, coffee table, chaise lounge and 2 high top chairs.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $9,603
Year Built
- Built in 2004
HOA Fees
- $1,114 Monthly HOA Fees
Parking
- Parking Deck
Home Design
- Steel Siding
Interior Spaces
- 2,436 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Myrtle Beach Elementary School
- Myrtle Beach Intermediate School
- Myrtle Beach High School
Community Details
- High-Rise Condominium
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2018
Closed on
Apr 12, 2018
Sold by
Lee Real Estate Properties
Bought by
Surkis Mark
Seller's Agent
Tommy Twitty
Barrett Realty
Buyer's Agent
Gail Bennett
Ocean Front Guru Real Estate
List Price
$675,000
Sold Price
$645,000
Premium/Discount to List
-$30,000
-4.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Purchase Details
Closed on
Dec 30, 2008
Sold by
Gentry Hansford Peyton
Bought by
Lee Real Estate Properties Llc
Purchase Details
Closed on
Aug 30, 2004
Sold by
Stewart Edwin B and Stewart Meldred G
Bought by
Madden Gentry Hansford Peyton and Madden Gentry Martha
Purchase Details
Closed on
Aug 9, 2004
Sold by
Margate Towers Kingston Plantation Llc
Bought by
Stewart Edwin B and Stewart Meldred G
Similar Homes in Myrtle Beach, SC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $645,000 | -- | |
| Deed | $728,750 | -- | |
| Deed | $640,000 | -- | |
| Deed | $513,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,063,000 | Mortgage Modification | |
| Previous Owner | $575,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Price Changed | $1,084,000 | -1.4% | $445 / Sq Ft |
| 08/23/2024 08/23/24 | Price Changed | $1,099,000 | -4.4% | $451 / Sq Ft |
| 03/10/2024 03/10/24 | For Sale | $1,150,000 | +78.3% | $472 / Sq Ft |
| 04/12/2018 04/12/18 | Sold | $645,000 | -4.4% | $265 / Sq Ft |
| 01/04/2018 01/04/18 | For Sale | $675,000 | -- | $277 / 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 | $9,603 | $72,030 | $0 | $72,030 |
| 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 | $0 | $58,800 | $0 | $58,800 |
| 2017 | $7,176 | $33,600 | $0 | $33,600 |
| 2016 | -- | $33,600 | $0 | $33,600 |
| 2015 | $7,176 | $58,800 | $0 | $58,800 |
| 2014 | $6,934 | $33,600 | $0 | $33,600 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2024
Tommy Twitty
Barrett Realty
-
G
Buyer's Agent in 2018
Gail Bennett
Ocean Front Guru Real Estate
About Margate Towers
Map
Source: Coastal Carolinas Association of REALTORS®
MLS Number: 1800181
APN: 39308040030
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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