2311 S Ocean Blvd. Unit 450, Myrtle Beach, SC 29577

$87,975
1
BA
500
SqFt
List Price
$87,975
Status
ACTIVE
MLS#
2006695
Days on Market
72
Property Type
Condo
Full Baths
1
Est. Heated SqFt
451-500
Est. SqFt Under Roof
501-550
Region
16G Myrtle Beach Area--Southern
Year Built
1986
Building Name
Compass Cove Pinnacle

Property Description

Investor special AND an Ideal 2nd home getaway !! # 450 Compass Cove Pinnacle is ideally located on the 4th floor - not too high and not too low. This updated turn-key OCEAN VIEW efficiency has 2 double beds, a flat-screen TV, a dinette table, and a FULL kitchen (full-size refrigerator, smooth-top stove and oven, & microwave) with granite counter tops. The full bath features a granite sink top, framed mirror, tub/shower combo, and decorative lighting. There are tile floors in the entry, kitchen, and bathroom, and gorgeous designer berber carpeting in the rest of your condo. Since this is one of the few END units in the building, you have not only great views of the OCEAN, but you also have extra windows for views to the west. These extra windows also allow in plenty of natural sunshine, which is why we own ocean view condos - for the views, sunlight, and location. Also, this condo can generate some of the HIGHEST rental incomes for efficiency condos in any of the oceanfront buildings here along the Grand Strand. Compass Cove Resort itself is one of my favorite complete oceanfront resorts...everything you need or could want is onsite including: 23 onsite water amenities (indoor and outdoor pools and hot tubs, kiddie pools, and 3 lazy rivers); an onsite breakfast restaurant; onsite bar/lounge; an outdoor tiki hut serving food and beverages in season; game room; shuffleboard; huge chess/checkers set; a fire pit; business center; 24-hour fitness center; onsite laundry; outdoor grills; and onsite parking. All of this located on the famed Ocean Blvd in downtown Myrtle Beach, SC. Finally, an affordable Ocean Retreat that also generates excellent rental income when you're not using your new "home-away-from-home".

Additional Information

HOA Fees (Calculated Monthly)
472
HOA Fee Includes
Common Maint/Repair, Electric Common, Electric In Unit, Elevator Service, Insurance, Internet Access, Landscape/Lawn, Legal and Accounting, Manager, Master Antenna/Cable TV, Pest Control, Pool Service, Rec. Facilities, Trash Pickup, Water and Sewer
Elementary School
Myrtle Beach Elementary School
Middle School
Myrtle Beach Middle School
High School
Myrtle Beach High School
Exterior Features
Balcony, Pool - Indoor, Pool - Outdoor, Spa/Hot Tub
Pool
Yes
Floor Covering
Carpeting, Tile
Interior Features
Wind Treat. Convey, Smoke Detector, Furnished
Kitchen
Microwave, Oven, Range, Refrigerator, Solid Surface Countertops
Levels
Single Level
Lot Location
East of Bus 17, Inside City Limits, Oceanfront
Listing Courtesy Of
BRG , Mark Loomis
County
Horry
Project/Section
Compass Cove Pinnacle Oceanfront
Style
Hi-Rise 7+ Stories
Parking Spaces
Parking Deck
Amenities
Clubhouse/Rec/Facilities, Outdoor Pool, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable TV, Internet Access, Lawn Maintenance, Lazy River, Indoor Pool
Heating
Electric, Window/Wall Unit
Utilities
Cable TV, Electricity, Sewer, Telephone, Water Public
Gross Rental Income
$23,239 (2019)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of BRG , Mark Loomis.

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2020 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.