Oceanfront Properties in Myrtle Beach
The Greater Myrtle Beach oceanfront, also known as the Grand Strand, stretches from the NC border down to the Pawley’s Island area. There are many options for residential real estate along the Grand Strand, including oceanfront homes, resort style condos, and low-rise condos. Depending on your wants and needs, there is a property and location for everyone. Pawley’s Island and Murrells Inlet homes and condos for sale provide a slower, quieter location and are a great location for those just looking for a second home. North Myrtle Beach, Surfside Beach, and Garden City Beach are great areas for families looking to stay away from the high rises but still want to be relatively close to the action. Myrtle Beach, from 82nd Avenue North to 10th Avenue South, provides a selection of homes and condos for sale that is perfect for those who want to be in the middle of the action, or are looking for the greatest return on investment for oceanfront rentals.
Prices can range from around $50,000 – $1,000,000+ for oceanfront condos, and $600,000 – $4,000,000+ for oceanfront homes for sale in Myrtle Beach, SC. Sizes will vary as well, with condo options including efficiency units (like a hotel room with a kitchenette), and 1, 2, 3, 4, and 5 bedroom condos – and these will range in size from around 350 sq ft to over 3,000 sq ft. POA fees for oceanfront condos range anywhere from around $275 – $1,700 per month and will vary with what is included in that fee, so make sure to ask your realtor to provide a list of what is included with your top choices. Most include exterior building insurance and some include an HO-6 insurance policy which protects your personal property in the condo and can include a liability rider in case someone gets hurt in your condo. The condo resorts primarily use on-site rental companies and they typically charge between 25-45% of the gross rental income as a management fee to handle scheduling the rentals, taking repair calls, and making the renters’ vacation stay as pleasant and worry free as possible – so they will come back and rent your condo again! Gross rental incomes for oceanfront homes and condos can vary as much as the prices on these units, but for the best rental buildings you can expect around $20,000-60,000+ for oceanfront condos and $60,000 – $100,000+ for oceanfront homes. There are so many oceanfront homes and condos for sale in Myrtle Beach that you will need an experienced realtor to help guide you in the right direction and make an informed decision on your purchase.
John Mills has helped many clients purchase oceanfront homes and condos for sale in Myrtle Beach, SC. John has also been a multi-million dollar producer with respect to foreclosures for sale in Myrtle Beach, so he is very familiar with the processes and procedures of the banks and can guide his clients to a smooth closing on foreclosures. He understands the inventory and locations well enough to help match the wants and needs of his clients to an oceanfront home or condo that will best suit their particular wish lists. John has a particularly strong background with investor clients looking to maximize their return on investment, and he does a great job of including future potential value, and not just rental income, to make sure the client understands not only where their investment stands today but also what the future value may be compared to other homes and condos for sale in Myrtle Beach. Over 90% of John’s oceanfront sales were referrals, so give John a call today and see why he has gained the trust of his oceanfront clients and continues to work with their friends and family!
“John clearly had deep market area expertise. John took the time to truly listen to what type of property we were looking for and did thorough research on well matched properties before our appointment date. John is a great example of the benefit provided by a good “Buyer’s Agent” vs. the risk of a self exploration with seller’s listing agents. There is a good probability we will be in the market to purchase another property in Myrtle Beach and John Mills will be our first phone call.” – Dawn & Mike Willey