Myrtle Beach Condos For Sale

There are Myrtle Beach Oceanfront Condos For Sale are all up and down the Grand Strand; and there are 1, 2, 3, 4, and even five-bedroom condos all over Myrtle Beach. What makes a condominium different from any other hotel room is the ownership. A condo is different from a hotel because a condominium is an apartment in a resort that an individual owns. The front desk does not own the room, the person does. A unit can be in any building that is waterfront and on the seaside. It can be in a brand new construction or an older building. These resorts offer views of the ocean, whether they are oceanfront or ocean view.

THE OFFICIAL GUIDE TO MYRTLE BEACH CONDOS

What To Know Before Purchasing a Myrtle Beach Condominium!

Most condominiums offer amenities such as indoor pools, outdoor pools, heated pools, lazy rivers, baby pools, kiddie pools, pools with fountains and dumping buckets, themed mini water parks with squirting animals, mushroom fountains, bubble fountains, water slides. Of course, there are oceanfront views of the shoreline, beach services, parasailing, banana boating, sail boating, kite flying, etc. There are jacuzzis, hot tubs, pool decks, sun tanning decks, island-themed tiki bars, beachfront bars, on-site restaurants, oceanfront restaurants, breakfast buffets, sandwich shops, coffee shops, and convenience stores. Some buildings may offer conference rooms, game rooms, video game rooms, pool tables, air hockey tables, kids’ rooms, playgrounds, and fitness facilities on-site. This guide is going to give you information to make a smart decision about retiring to Myrtle Beach, buying a 2nd home, vacation property, or investment property.

How Much Is A Condo In Myrtle Beach?

While the market for real estate has been increasing, the sales for oceanfront property investment has been strong. The lure of the seaside and the ocean has not gone away. There is still much-increased value for oceanfront property and views of direct oceanfront apartments in Myrtle Beach. If you are unsure you can afford to purchase a condo, don’t be. There are many price ranges for these units. Depending on what you are looking for and what your specifications are, they can range from $85,000 and up. Prices may vary depending on; location, type of construction, condition, and upgrades to a unit. When comparing two condos in the same building, if one has carpet flooring and old appliances and two has granite countertops flooring, large TVs, and stainless steel appliances, apparently the second condo will be more expensive. You may be able to bring the price down even lower if you have a skilled real estate agent working for you who can negotiate with the seller.

Myrtle Beach Condos Across The Street

Suites that are across the street can be as cheap as $75,000. Typically, these units are smaller efficiency style layouts with a single bath and a small kitchenette. Two-bedroom suites across the street are $150,000 and up, depending on what amenities, location, the area of the coastline, and on-site features the resort offers. Even though these are the cheapest buys, these are predominantly older buildings with more problems such as mold and foundation problems. You will have lower homeowner fees but, in the end, you may end up paying more in repairs. Some condominiums across the street have poor views or no views at all of the ocean, but there are some cases where you can find an apartment that is high enough off the ground where you may have a great view of the sea. Units across the street may be fixer-uppers, but they can also be real diamonds in the rough.

Myrtle Beach Condos with an Ocean View

The next “level” of unit-buying are condominiums with an ocean view. Units with an ocean view can be located on either side of the road, but are typically on the ocean side of the road. Oceanview apartments have both a view of the ocean and an equal view of the street. If you like to people watch and want a relaxing ocean view to wake up to in the morning, apartments with an ocean view are for you. These range from $90,000 for one-bedroom, $95,000 for one bedroom with a kitchen, and $160,000 for two bedrooms. Again, prices may change depending on amenities, location, area of the Grand Strand, and on-site features the resort offers. If you were to compare a studio across the street to an ocean view condo, it is on average about $30,000 for a closer view of the ocean. If you are purchasing a residence as an investment, this may be something you ought to consider. Comparing the two previous “levels” of units, the second level, ocean view condos, is the more popular buy. Oceanview suites have balcony space, but not as much as a level 4 oceanfront unit. Oceanview condominiums have excellent views of the shoreline, but sometimes that view is restricted and without a clear, direct view of the coast. Of course, the landscape is all about the position of the building and the location of the unit in that building.

Myrtle Beach Condos with an Angle Oceanfront View

With a private balcony, these level 3 condominiums are angle oceanfront units. Angle oceanfront units are approximately $89,000 for one bedroom with a kitchen and a living room. A 2 bedroom angle oceanfront apartment can be about $185,000 to $225,000. As you can see, the price difference between level 2 and level 3 two bedrooms is a little bit more, something to consider for buying a condominium property. Then again, the prices will vary depending on amenities, location, area of the oceanfront and on-site features the resort offers. There is a difference between level 2 and level 3 condominiums besides the price. These condos still have a view of the street, but more of a view of the beach when compared to level 2 ocean view properties. Angle oceanfront condos are exactly what the name is. The facing position is on an angle to the shoreline. Angle oceanfront may have some views of the street or none at all, there are however views of the neighboring resort, but mainly the magnificent view of the ocean.

Myrtle Beach Condos with a Direct Oceanfront View

With a great location, a level 4 direct oceanfront is the most popular buy in all residences in Myrtle Beach. Nothing compares to the oceanfront views. If you think that you cannot afford an oceanfront condo, you may reconsider after you see the average prices for an efficiency style, one-bedroom, and two-bedroom oceanfront condominiums. IF you are renting your unit out, The rental income on a beachfront unit is usually much more significant than any other style condo. An efficiency style, which is an open floor plan studio with a small kitchenette, typically one or two twin beds, and a bathroom can start at about $95,000. A one-bedroom oceanfront apartment is only $30,000 more dollars at $125,000. A one-bedroom unit includes a kitchen, possibly a living and dining space, and a separate bathroom. Keep in mind that investment properties like these, with a steady rental income, start at about the $120,000 price range. Steady cash flow may be a consideration if you are looking for someone to help pay for your investment. Two-bedroom oceanfront condos start at $199,000 to $275,000 and may include one or two bathrooms, a large kitchen, a dining area, and a lovely balcony. This style condominium will also have unobstructed views where you can look completely up and the beach to the north and the south. Typically speaking, direct oceanfront suites will have a large balcony, and you may also have a view overlooking the pool, with the seaside and ocean view. There will be nothing blocking or distracting your view of the ocean. Once again, prices will change according to amenities, location, quality of resort, rental history, area of the beach, and on-site features the resort offers.

What are the Best Condos In Myrtle Beach For Rental Income?

The best units are the ones that are Myrtle Beach vacation rentals and usually have the best rental income as well. People and renters vote with their dollar and come back year after year. If the renter likes the resort, they will usually come back the following year. If the renter doesn’t want the resort, they will often keep looking and book somewhere else the next year. That’s why the higher-ranked resorts get the best rental income. These units are never the least expensive to purchase but usually are the big winners in the end. They are, and always have been, the best performers. Even when the market was down and also when the market was up, these top properties have consistently produced high income for their owners. Giving a monthly income check to the owner is the most important thing to most true investors. There is more to picking a condo than just the ocean view. Once you get out on the balcony of an apartment, they all have a million-dollar view. It’s the “what else” that is the most important thing. You can have two condos in two separate buildings sitting side by side, and one unit can outproduce the other significantly. The reason you want an expert real estate agent that can help you tell the difference between a cash machine and the other an alligator that can eat you alive. One can put money in your checking account every month and the other your writing a check for every month to own it. On paper, and side by side may look the same…but there are vast differences.

Where’s The Best Place To Buy Beach Property in the USA?

Moderate temperatures year-round, low taxes, low cost of living, and beach lifestyle are only some of the reasons Myrtle Beach is the #2 fastest-growing metro area in the nation. USA Today recently ranked Myrtle Beach SC as the #1 most affordable place where people are moving. The Grand Strand does feature some of the lowest prices for beach condos in the country! If you purchase a Myrtle Beach condo, there are plenty of things to do in Myrtle Beach. North Myrtle Beach is becoming another top requested place to be!

Broadway at the Beach is an outdoor shopping center with restaurants, shops, and entertainment for the entire family. It has also won the governor’s cup award and is one of the top attractions in the state of South Carolina.

Other Top Attractions in Myrtle Beach:

Barefoot Landing
The Market Commons
Alligator Adventure
The Alabama Theatre
The Carolina Opry
Legends in Concert
Myrtle Waves Water Park
Pavilion Nostalgia Park
Mini golf
Beachfront stores
Downtown section of Myrtle Beach
The Slingshot
Game rooms and arcades
The Myrtle Beach Pinball Museum
The Gay Dolphin
Ripley’s Aquarium
Ripley’s Believe It Or Not Museum
Ripley’s 3D Moving Adventure
Ripley’s Mirror Maze
Ripley’s Haunted Adventure
The Boulevard
Wild Water and Wheels
Movie Theatres
Rock Walls
Tanger Outlets
Restaurant Row
1700 Restaurants
and much, much more!

Is Myrtle Beach Condos a Good Investment?

When you purchase a condominium, you can rent it out through the front desk, rent it out yourself using a website like Airbnnb.com, VRBO.com, or use an off-site rental privately owned company. Each option has its benefits; it just depends on what results from you are looking to accomplish. To help you make a smart choice, be sure you work with one of the team members at Jerry Pinkas Real Estate Experts. They will guide you through the process and help you avoid the pitfalls that are costly. When you meet with them in person, they will give you all the details, including the good, the bad, and the ugly. Once you have all the information, you can make an educated decision. Anyone can look at pictures and prices online. But getting all the correct information, seeing condos side by side, knowing if there is pending litigation in the complex, future assessments, rental history, income, insurance, and total expenses, will make an excellent long-term investment.

What Are The Ownership Expenses With An Oceanfront Condo in Myrtle Beach?

The properties with the highest gross rental dollars, usually are the best investments. But there are other things to consider as well. Consider things like the homeowners’ assoc fees. What is included in the fee and what’s not included in the charges are equally important? What are your total costs for all expenses like, insurance, water, electric, cable TV, Internet, pool service, cleaning, and maintenance are just a few of the things to consider. The internet is a useful tool, but it won’t answer all your questions. A local real estate expert can help you out people always say they want low HOA fees, but something that’s not really what you want. Online searches won’t tell you what is included and what is not included. When comparing two units side by side one may have a lower HOA, and on paper look like the one to choose, but be the worst choice because it has a small monthly HOA fee, but doesn’t include insurance, unit electric, or wireless internet. The other unit may have a higher cost but has a lower total monthly cost when you add up all the actual expenses. These are expenses that have to be paid one way or the other.

How To Pick The Best Condo Homeowners Association

Some homeowners associations are very efficient with the budgets, and others are very weak. The homeowners’ associations that have budgeted the proper amount are usually the best choice as well. The soft homeowners’ associations who don’t budget correctly, are always asking for a cash call from all homeowners to cover some expenses. Yes the HOA is low, but your paying for it one way or the other. On the other hand, the Homeowners Association that is very efficient always budget correctly and save owners money, so when its time to say replace the carpets in the hallways or upgrade the lighting around the resort, that money is already accounted for, they do the replacement without any additional costs to the owners. These are usually the best place to make your investment.

What Are The Best Oceanfront Condos to Buy In Myrtle Beach?

A question we get asked all the time is; Do you have a complete list of every condominium for sale? So we decided to not only record every oceanfront condo but every community in the Myrtle Beach area. Call it the complete guide to every condominium on the Grand Strand!

This comprehensive guide to all condos on in Myrtle Beach

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Condos For Sale On North Ocean Blvd in Myrtle Beach SC

South Myrtle Beach Oceanfront Condos for Sale

Condos For Sale on South Ocean Blvd in Myrtle Beach

BUY YOUR MYRTLE BEACH CONDO TODAY!

The Jerry Pinkas Team knows the beach! If you feel that you still have questions or would like to know more information about properties in the Myrtle Beach area, feel free to contact us at The Jerry Pinkas Team Office: 843-839-9870. We are well-knowledged and strive to give our clients the best service possible. When you talk to a member of the Jerry Pinkas Real Estate Team, you are talking to a friendly, smart, and successful real estate agent.

We look forward to talking to our future Myrtle Beach real estate clients. For More Information about our team members give us a call.

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Myrtle Beach Oceanfront Condos for Sale