Buying A Condo In Myrtle Beach Sc
If you are looking for a beach condo or an oceanfront condo, Myrtle Beach is a great choice. It is a popular tourist hub for all the right reasons. The golden beaches, pleasant weather, and affordable properties make Myrtle beach very attractive to visitors and investors alike.
buying a condo in myrtle beach sc
If you are looking for a place to retire, Myrtle Beach can be a great place. You can settle down in an oceanfront condo. Get to know the local people who are super friendly and spend the days taking long walks on the beach and playing golf.
So to start off, let me explain why I'm focusing on short term rentals also known as vacation rentals and not long term investment properties. Most investors want one thing, a quick and large return on their investment. Being that a yearly lease on a condo might be $800 a month for a two bedroom not on the beach, why purchase that when you can buy something closer to the beach that rents for $1,000 a week? Now there are instances where I recommend long term over short term rentals, it just depends on your expectations as an investor. I will have another blog up soon specifically labeling the pros and cons of short and long term rentals. So if long term rentals is the route you're looking to go, disregard this post and check back for my "Short Term vs. Long Term" post.
Did you know that a Veteran can purchase a condo as a primary residence at the beach? VA approved myrtle beach condos are plentiful and offer a great, relaxing lifestyle. As of today, there are actually 49 approved condominium complexes in Horry County, SC. Plus this number should grow. The VA approved condos are spread throughout Myrtle Beach, North Myrtle Beach, Little River, Longs, Surfside Beach, and Murrells Inlet, SC.
Welcome to your top Ocean Park condo & Myrtle Beach condo vacation resource. Ocean Park is a condo building located in Myrtle Beach that offers a wide variety of amenities for the perfect beach lifestyle. For condo buyers looking for a beautiful, oceanfront condo for sale in Myrtle Beach, South Carolina, the Ocean Park development is one to consider carefully. Though it is a bit older of a condo development, it offers the desirable beach access and incredible views many condo buyers are looking for when buying in this area. With 125 units to offer, Ocean Park has something for most buyers. Search Ocean Park condos & townhomes for sale & real estate in Myrtle Beach below. Browse our Myrtle Beach condos and townhomes, waterfront properties and luxury properties for sale by location, size or price and let this website be your local real estate guide. For details about condos for sale in Ocean Park or to schedule an exclusive condo showing, contact your expert Ocean Park Myrtle Beach condo agents today. Read more about Ocean Park condominiums.
Thinking of buying or selling a condo in Ocean Park? Let our local Myrtle Beach real estate agents help guide you through the purchase of your next property or expertly negotiate the sale of your current Ocean Park condo. As local Ocean Park real estate agents, we're experts on the market dynamics unique to the Myrtle Beach real estate and condo market. We'll get to work for you today!
Magnolia North, and Magnolia Place are located within Myrtlewood Golf Club just off Bypass 17 and 38th Avenue North They are beautifully landscaped golf villas in the center of Myrtle Beach, South Carolina. These condos are less than a mile to the beach and just minutes from Broadway at the Beach, shopping, dining, all the local nightlife, and the Myrtle Beach International Airport.
For more information about buying or selling condos in Magnolia Pointe, Magnolia North, or Magnolia Place contact us Beach Realty Group at 843-424-6900. Also check out World Tour Villas Condos For Sale.
Myrtle Beach, being a hot spot for tourists, is at a rise in rental rates. This is because the beautiful coastal areas are so affordable and cheap; renting a beach house or condo for a vacation is easy and relatively inexpensive. Since the demand for rentals is increasing rapidly among tourists, it is leading to their rising rate.
Are you buying your first beach condo unit? Are you wondering... What is a HO6 Insurance policy? What does Condo Insurance cover? How much does HO6 Insurance cost? How much is ocean front condo insurance?
Eagle Realty is your trusted source for investment property, primary or first time home buying, and vacation and new construction property. We aim to make your next property purchase a smooth process, and make your property buying or selling dreams come true! Trust the experts in north myrtle beach real estate, Eagle Realty!
Which are the best beach towns for buying a vacation home? This will depend on different factors. If you are looking for the best place to buy a beach condo or house primarily for your own use, you will want to look for a location you love and a home that works best for you and your family from a practical point of view.
We live in a ground-floor wraparound that is oceanfront, with a big patio in the front and to a side that is extremely private. We made sure that our flood elevation was well above the flood line and we are lucky to be able to clean our windows at ground level when needed. We would never purchase such a unit inland and the only place where this unit is golden is oceanfront and on the corner. It is like a beach house and not a condo and we love it!
I always enjoy your emails and books about The Villages. We had a home built there that was completed in October 2015. We currently live north of Atlanta and look forward to moving to our new home next April. We did an IRS 1031 Tax Deferred Exchange (also known as a Like Kind Exchange. We sold one of our rental condos on the beach in Destin, FL and by making our new home rental in the beginning we can defer the Capital Gain until we sell the house we had built; which we never plan to sell.)
I am very familiar with owning condos on the beach in Florida having owned 14 at one time, but it is time for me to slow down and enjoy life. We now own 6 condos and plan to sell 3 more within the next year or two. We purchased all our condos pre-construction (what I call buying sand and a plan) beginning in 1994 through 2001 so we purchased at the best possible price. Even with the market downturn we were never upside down with any of them.
Had some friends who lived in a condo right on the beach in Venice, FL. Older condominium project. Something to pay attention to. The salt air infiltrated through the concrete balconies on many of the condos and got to the rebar and rusted it all out. All condo owners had to pay $10,000 each for balcony to be redone (and that was many years ago). Not to mention the inconvenience of not having the balcony and all of the construction for many months. Just another thing to consider when looking at condos. BTW, I would not want to hear my neighbor going to the bathroom!
Hi:Thank you for your interesting point of view regarding Ocean front condo living. We bought five years ago in Margate, Broward county, south Florida. We are surrounded by the Oriole Golf course and we love it. We are 15 minutes from the beach (Pompano) close to shopping and all the other amenities that is related to condo living. I have owned about 7 condo units and have lived in two this being the second. I like the fact that I can get to the beach when I want it in a short drive but have the serenity of being on a golf course with its peace and quiet. We are on the top floor of a 4 story building so no problem with noise from above with the exception of some noisy a/c compressor but when reported gets repaired. Florida sure beats our Ontario, Canadian winters any day and being in south Florida we never have need for heating. I am not a golfer but we overlook the 18th tee from our balcony and it is nice to watch the golfers tee off while having our breakfast and coffee. I have been to the golf and north Florida (Brooksville area north of Tampa) but since we honeymooned at Lauderdale by the Sea we have always liked this area. The crime rate is not bad and the area has many outside attractions for the grandchildren when they visit so we feel we have found our piece of paradise. I have had friends say they do not like Florida and I am sure there are those that the climate is not pleasing but for us we are happy here. The price of the unit (2Bed/2 Bath, 1000 sq. ft.) was only $47,000.00, condo fees $250.00 per month and taxes $800.00 per year which for us being working class people is affordable. I did most of the renovations and up dating myself but with a $20,000.00 investment, we now have had a estimation of $90,000.00 on our place.
I am still planning to move to Florida, a native NYer , now in North Carolina. I wont be near the beach and knew i didnt want a condo. I am opting for a villa type condo, manufactured home (yes there are some real nice neighborhoods and homes) or a small single family. I cant afford to live near the ocean but look forward to Lake County where at least there are bodies of water. Not the Villages though.
With 10 percent of Golf Digest's top 100 courses located along the Grand Strand, it's no wonder Myrtle Beach golf course condos for sale are so popular and such a wise investment. Like green fees, golf course condos for sale range in price according to their location, their resort or community, and the amenities that come with ownership. Some of the most prestigious courses and most prestigious Myrtle Beach golf course condos for sale include the Dunes Golf & Beach Club just off the beach in Myrtle Beach as well as the Resort Club and Members Club at Grande Dunes.
Equally beautiful and challenging are the four courses of Barefoot Resort designed by the golfing royalty of Pete Dye, Tom Fazio, Greg Norman and Davis Love III, each course surrounded by a variety of housing options including many quality golf course condos for sale. Other acclaimed courses to look at when buying a golf course condo in Myrtle Beach and the Grand Strand include the Legends Resort, Long Bay Club, Myrtle Beach National, Pawley's Plantation, Tidewater, Tiger's Eye, Willbrook Plantation, Witch Golf Club and Wizard Golf Club. And with more than 100 other great courses along the Grand Strand, there's a golf course condo for sale sure to please any golfer and any budget. 041b061a72