NEW LISTINGS:
1 - # 806 Caribbean - $285,000 - Direct OF 3/2 on 30th ave n in downtown mb. Bldg opened June 2007. These sold for $649,900 pre-construction in 2005. Already PENDING CASH sale in 2 days! $38-40K GRI onsite, 41% rental fee. These are selling the minute they are listed for sale.
2 - # 303 Grand Atlantic - $95,000 - Direct OF deluxe 1 BR /1 BA on 20th ave s in downtown mb. bldg opened August 2006. These sold for $209,900 pre-construction in 2004. Over 860 hsf - HUGE. This already has multiple offers on it. 12 more days to make an offer. This one will most likely sell for at least $125K or more. Only 1 stack of 1 BR's in the bldg and they are great rentals. One of the nicest 1 BR's along our oceanfront.
3 - # 1435 Dunes Village II - $150,000 - North side ocean view (1st stack back from being oceanfront so you have excellent ocean and northern coastline views) top floor deluxe 1/1 with over 700 hsf. These sold for $229,900 pre-construction in 2004. Super nice and a rental machine resort.
4 - # 1402 The Palace - $55,000 - Direct OF eff / 1 BA on 16th ave s in downtown mb. Approx. $8-10K GRI onsite, 40% rental fee (owners pay interior electric). Nice beach retreat or rent on your own condo.
5 - # 704 Royal Garden - $162,500 - Direct OF 2/2 in Garden City Beach. Approx 900 hsf, 25 yr old bldg. Good amenities. Not a rental machine, but great 2nd home or rent on your own condo.
PRICE REDUCTIONS:
6 - # 101-B Myrtle Beach Villas - $119,900 - 4/3 unfurn condo across the street from the ocean on 7th ave s in downtown mb. Bldg opened May 2007. These sold for right at $400K pre-construction unfurn. 1900 hsf, has outdoor pool, lazy river, and kiddie pool. Great 2nd home or rent on your own condo. This will sell right now at that price.
7 - # 16-B Arcadian - $242,900 - Direct OF 2/2 condo in Shore Drive area between MB and NMB. Popular older bldg that has been recently remodeled - in great shape. Excellent primary, 2nd home, or rent on your own condo.
8 - # 207 Sea Winds - $153,900 - Direct OF 2/2 on 47th ave s in NMB right near Barefoot Landing shopping/entertainment complex and House of Blues. Popular older bldg. Great 2nd home or rent on your own condo.
9 - # 1803 Crescent Shores - $370,000 - Direct OF 4/4 condo on 16th ave s in NMB. Bldg opened May 2004. These were selling for over $700K in 2005. Excellent 2nd home, rent on your own condo, or onsite rentals are pretty solid too. Over 1800 hsf. Very nice building - great price!
10 - # 403 Yacht Club Villas @ Barefoot Resort - $199,900 - 3 BR / 3 BA condo with over 2000 hsf directly overlooking the Intracoastal Waterway. These sold for right at $400K pre-construction. 5 yrs old and great floor plan. Excellent 2nd home or rent on your own condo.
PENDING SALES:
11 - # 125 Avista - $149,900 - Direct OF deluxe 1/1 on 3rd ave n in NMB. Bldg opened Jan 2005. These were selling for up to $385K in 2005. Sold in 11 days! Excellent resort and price. $24-28K GRI onsite, 41% rental fee. Pending sale.
12 - 1514 Chianni Lane - $520,245 - 3 BR / 4 BA house in Grande Dunes over the bridge. 5 yrs old, 3100 hsf, inground pool and spillover hot tub, corner lot, fenced in back yard. Needs whole new kitchen and some light fixtures and bathroom fixtures (approx. $50-70K). PENDING sale after multiple offers immediately upon listing. Home sold for over $1.4M when new.
13 - # 506 M Grande - $34,900 - Direct OF eff / 1 BA on 27th ave s in downtown mb. These sold for $169,900 pre-conversion in 2005. Bldg getting back on its feet. PENDING cash sale.
14 - # 707 Holiday Pavilion - $74,900 - Direct OF eff / 1 BA on 12th ave n in downtown mb. These sold for $200K pre-conversion in 2 005. Nice investment property. PENDING cash sale.
15 # 626 Caribbean - $95,900 - Direct OF 1/1 in the ultra-popular Caribbean resort on 30th ave n in downtown mb. These sold for $224,900 pre-conversion in 2004 and then up to $280K in 2005. $22-24K GRI onsite, 41% rental fee. Exceptional buy! PENDING cash sale (my sale).
16 - # 1448 Landmark - $75,900 - South side ocean view deluxe 1/1 on 15th ave s in downtown mb. These sold for up to $230K in 2005. PENDING cash sale.
SOLD:
17 - # 617 Baywatch - $247,500 - Direct OF 3/3 on 28th ave s in NMB. Bldg opened 2003. Very popular bldg in NMB. These were selling for mid $600K's in 2005. $32-35K GRI onsite, 46% rental fee. SOLD for $244,900. MLS 1003094
18 - 8285 Leone Circle - $499,900 - 3 BR / 2.5 BA house in Grande Dunes over the bridge. 4 yrs old, 3000 hsf. SOLD in 7 days for $499,900 cash. MLS 1005126
19 - # 131 Greenbriar - $189,900 - 3/3 unfurn condo in Barefoot Resort in NMB. 4 yrs old, 2000 hsf, garage included. Excellent 2nd home or primary residence. SOLD for $186K cash. MLS 923778
20 - # 129 Avista - $335,000 - Direct OF south corner 3/3 condo on 3rd ave n in NMB. Bldg opened Jan 2005. These were selling for right at $700K in 2005. Almost $50K GRI onsite, 41% rental fee. SOLD for $335,000 cash. MLS 1005393
21 - # 312 M Grande - $35K - same as # 13 above. SOLD for $35K cash. MLS 1002754
22 - # 1508 M Grande - $34,900 - same as # 13 above. SOLD for $34,900 cash. MLS 920749
23 - # 1408 Maison-sur-Mer - $295,000 - North side ocean view 2/2 unfurn with over 1500 hsf in 30 yr old luxury highrise on the north end of MB. These were selling for just over $700K in 2005. Excellent primary or 2nd home - not a rental machine. SOLD for $295,000. MLS 1001594
24 - # 642 Landmark - $89,500 - Direct OF shotgun 1/1 on 15th ave s in downtown mb. These were selling for up to $270K in 2005. $21-23K GRI onsite, 45% rental fee. SOLD for $85K cash. MLS 1000082
25 - # 601 Royale Palms - $445,000 - Direct OF 3/3 luxury condo inside the 145-acre gated OF community of Kingston Plantation on the north end of MB. Unfurn, over 2000 hsf.. SOLD for $445K cash. MLS 1005775
26 - # 1938 Patricia Grand - $74,500 - South side ocean peek 1/1 on 27th ave n in downtown mb. These sold for up to $210K in 2005. SOLD for $76K cash. . MLS 1002654
27 - # 950 Landmark - $70K - Same as # 16 above. SOLD for $70K cash. MLS 1003088
28 - # 339 Sand Dunes - $59,900 - Direct OF eff / 1 BA on 74th ave n on north end of mb. SOLD by Resort Property Group for $60K cash. MLS 1001872
This information and comments is provided by my Myrtle Beach SC contact.