NOT LISTED FOR SALE

Margate Towers 8500 Margate Cir Unit 406 Margate Tower Myrtle Beach, SC 29572

Arcadian Shores Neighborhood

Estimated Value: $790,821 - $1,021,000

3 Beds
2 Baths
-- Sq Ft
1.37 Acres

Highlights

  • Ocean Front
  • Main Floor Primary Bedroom
  • Community Pool
  • Family Room with Fireplace
  • Solid Surface Countertops
  • Elevator

About This Home

As of October 2018

Gorgeous fourth floor(Club floor) Three bedroom,two bath. ( Third bedroom could be used as an office.) Club floor has no vacation rentals on it. Secure floor to access. Master bedroom and bar stools can stay. Fireplace to stay(Electric) Oversized balcony for dining or relaxing. One of the largest in the building. Two pools and a hot tub outside. Custom flooring,oversize bathrooms. All appliances stay.

Last Agent to Rent the Property

Jenny Highfill

Oceanfront Vacation Rent License #15812 Listed on: 08/19/2018

Last Renter's Agent

Jenny Highfill

Oceanfront Vacation Rent License #15812 Listed on: 08/19/2018

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 2004

Lot Details

  • 1.37

Home Design

  • Slab Foundation
  • Stucco

Interior Spaces

  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Garden Bath

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

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

Utilities

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

Additional Features

  • Balcony
  • Ocean Front
  • East of US 17

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes master antenna/cable TV, water and sewer
  • $75 Application Fee

Community Details

Amenities

  • Elevator

Recreation

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,372

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Application Fee: 75

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Cable Tv
  • Estimated Year Built: 2004
  • Class: Rental
  • Family Rm Great Rm: Fireplace
  • Floor Cover: Carpeting, Wood
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Lvt Date: 08/19/2018
  • Style: Condo
  • Type Of Parking: Parking Deck
  • Rental Fee Includes: Master Antenna/Cable Tv, Water And Sewer
  • Security Deposit: 2500
  • Geo Subdivision: SC
  • Section Subdivision: Kingston Plantation - Margate Tower
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2004

Interior Features

  • Interior Amenities: Wind Treat Convey, Smoke Detector, Washer/Dryer, Split Bedroom Plan, Elevator-Interior, Fire Sprinkler, Enter Through Foyer
  • Other Rooms: 1st Floor Bedrooms, 1st Floor Baths, Foyer, Laundry/Utility
  • Primary Bathroom: Double Sink, Garden Tub, Shower
  • Kitchen Type: Breakfast Bar, Dishwasher, Freezer, Solid Surface Countertops, Garbage Disposal, Microwave, Pantry, Refrigerator, Range Hood, Range, Stainless Steel Apps.
  • Master Bedroom Type: 1st Flr Level, Walk-In Closet
  • Bedrooms: 3
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level

Exterior Features

  • Exterior Features: Balcony, Elevator-Building
  • Exterior Finish: Stucco
  • Foundation: Slab

Garage/Parking

  • Type: Condo

Utilities

  • Water Heater: Electric
  • Utilities Available: Electricity

Schools

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

Lot Info

  • Lot Location: Oceanfront Lot, Inside City Limits, East Of Bus 17
  • 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

Closed on
Apr 1, 2020
Sold by
Mackay Kenneth V Tr
Bought by
Wilen Jay B and Wilen Cindy C
Current Estimated Value
$945,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$210,424
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$727,296

Purchase Details

Closed on
Jan 9, 2020
Sold by
Jordan Debra W
Bought by
Whitener Dennis G and Whitener Susan W

Purchase Details

Closed on
Sep 25, 2015
Bought by
Mackay Kenneth

Purchase Details

Closed on
Mar 17, 2015
Sold by
Mackay Kenneth V
Bought by
Walton Kemie L

Purchase Details

Closed on
Sep 8, 2008
Sold by
Sheth Purnam
Bought by
Mackay Kenneth Victor

Purchase Details

Closed on
Sep 26, 2005
Sold by
Davis Deborah
Bought by
Sheth Purnam A and Ramcharan Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 9, 2004
Sold by
Margate Towers At Kingston Plantation Ll
Bought by
Davis Deborah
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wilen Jay B $535,000 --
Whitener Dennis G $417,000 --
Mackay Kenneth -- --
Walton Kemie L $234,600 --
Mackay Kenneth Victor $607,500 --
Sheth Purnam A $1,100,000 --
Davis Deborah $392,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilen Jay B $235,000
Previous Owner Sheth Purnam A $990,000
Previous Owner Davis Deborah C $735,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Rented $2,400 0.0% --
09/27/2018 09/27/18 Price Changed $2,400 -4.0% --
08/19/2018 08/19/18 For Rent $2,500 -- --
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 $2,372 $56,700 $0 $56,700
2023 $2,372 $56,700 $0 $56,700
2021 $2,133 $56,700 $0 $56,700
2020 $6,197 $52,500 $0 $52,500
2019 $6,197 $52,500 $0 $52,500
2018 $0 $48,300 $0 $48,300
2017 $1,678 $48,300 $0 $48,300
2016 -- $48,300 $0 $48,300
2015 $5,900 $18,400 $0 $18,400
2014 $5,701 $27,600 $0 $27,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2018

    Jenny Highfill

    Oceanfront Vacation Rent

    (843) 457-8139

    16 Total Sales

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About Margate Towers

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1817446

Coastal Carolinas Association of REALTORS®

APN: 39308040107

South Carolina Horry County Myrtle Beach 29572 Arcadian Shores

8500 Margate Cir Unit 406 Margate Tower, Myrtle Beach, SC

This home is located at 8500 Margate Cir Unit 406 Margate Tower, Myrtle Beach, SC 29572 since 19 August 2018 and is currently priced at $906,955. This property was built in 2004. 8500 Margate Cir Unit 406 Margate Tower 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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