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5511 N Ocean Blvd. Unit 1802

Myrtle Beach, SC 29577

3 beds
2.5 baths
1,552 sqft
$334 per sqft
1985 build
– on site

This turnkey vacation rental is less than 100 steps to the beach and will be a fantastic addition to your investment portfolio. Looking for a second home or primary residence instead? This unit is perfect for full-time living and is so spacious, it's hard to believe it is even a condo. Located in the highly sought-after Golden Mile of Myrtle Beach, within the exclusive Cabana District, this 3-bedroom, 2.5-bathroom updated Penthouse unit offers unobstructed south-facing ocean views that stretch for miles. This view is so unique, many owners won’t even consider selling because there’s nothing else like it on the beach! Featuring an open-concept living area with floor to ceiling windows, fireplace and wet bar, modern kitchen, and beautifully updated baths, this fully furnished penthouse blends luxury with coastal comfort. Enjoy your morning coffee or evening wine on the private balcony which is situated so it offers both sunrise and sunset views. The spacious master suite also offers the same breathtaking views, an en-suite bath with spa inspired tiled shower, and a walk-in closet. Two additional bedrooms provide room for family or guests, making this property perfect for both personal use and rental potential. It includes a washer and dryer in the unit but there is also a coin operated laundry onsite if ever needed. Forest Dunes also has a lazy river, indoor & outdoor swimming pools, hot tub, gym and even has an onsite beachside restaurant. As a proven self-managed vacation rental, this penthouse is a turnkey investment opportunity with a strong rental history. Guests love the privacy of the penthouse setting, direct beach access, and close proximity to the best dining and entertainment Myrtle Beach has to offer.

Listing courtesy of CCAR / NextHome The Palmetto State

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# 2420891 —

The Building

Year Built:

1985
Architectural Style:

HighRise,Penthouse
Building Name:

Forest Dunes
Construction Materials:

Concrete,Steel
Levels:

One
Entry Level:

18
Exterior Features:

Balcony
Patio And Porch Features:

Balcony
Security Features:

FireSprinklerSystem,SmokeDetectors,SecurityService
Foundation Details:

Other
Building Area Total:

1600.0

Interior

Interior Features:

Furnished,Fireplace,HandicapAccess,SplitBedrooms,WindowTreatments,BreakfastBar,BedroomOnMainLevel,EntranceFoyer,HighSpeedInternet,KitchenIsland,StainlessSteelAppliances,SolidSurfaceCounters
Furnished:

Furnished
Flooring:

LuxuryVinyl,LuxuryVinylPlank,Tile
Fireplace:

true

Room Dimensions

Living Area:

1552.0
Living Area Source:

PublicRecords

Location

Directions:

From Hwy 17 head to 5511 N Ocean Blvd
Latitude:

33.72687223
Longitude:

-78.83744373

The Property

Parcel Number:

42115020070
View:

Ocean
View:

true
Property Type:

Residential
Property Subtype:

Condominium
Property Subtype Additional:

Condominium
Property Condition:

Resale
Lot Features:

CityLot,FloodZone,Rectangular
Zoning:

mf

Listing Agent

Contact info:

Beds

Bedrooms Total:

3

Baths

Full Baths:

2
Half Baths:

1

The Listing

Virtual Tour URL Unbranded:

https://properties.williamcoveymedia.com/sites/qanqlwe/unbranded
Home Warranty:

false

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Utilities:

CableAvailable,ElectricityAvailable,PhoneAvailable,SewerAvailable,WaterAvailable,HighSpeedInternetAvailable,TrashCollection
Water Source:

Public

Appliances

Appliances:

Dishwasher,Disposal,Microwave,Oven,Range,Refrigerator,Dryer,Washer
Laundry Features:

WasherHookup

Schools

Elementary School:

Myrtle Beach Elementary School
Middle Or Junior School:

Myrtle Beach Middle School
High School:

Myrtle Beach High School

The Community

Subdivision Name:

Forest Dunes
Community Features:

Clubhouse,CableTv,InternetAccess,RecreationArea,LongTermRentalAllowed,Pool,ShortTermRentalAllowed
Association Amenities:

Clubhouse,Pool,Security,Trash,CableTv,Elevators,MaintenanceGrounds
Pool Features:

Community,Indoor,OutdoorPool
Association:

true
Association Fee:

1089.0
Association Fee Includes:

AssociationManagement,CommonAreas,CableTv,Insurance,Internet,LegalAccounting,MaintenanceGrounds,PestControl,Pools,Recycling,RecreationFacilities,Sewer,Trash,Water
Association Fee Frequency:

Monthly

Parking

Parking Features:

Deck

Monthly cost estimate

Asking price

$519,000

Expense	Monthly cost
Mortgage	$2,779
Taxes	N/A
Insurance	$142
HOA fees	$1,089
Utilities	$138 See report
Total	$4,148/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

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Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Max Internet Speed

Spectrum

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
9/7/24 Sep 7, 2024	Listed / Active	CCAR	$519,000	85.4% (25.1% / YR)
4/15/21 Apr 15, 2021		CCAR	$280,000

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This condo located in Myrtle Beach, SC 29577 is currently for sale for $519,000. 5511 N Ocean Blvd. Unit 1802 is a 1,552 square foot condo with 3 beds and 2.5 baths that has been on Estately for 75 days. This condo is in the attendance area of Myrtle Beach Middle School, Myrtle Beach Early Childhood School, Myrtle Beach Primary School, Myrtle Beach Elementary School, and Myrtle Beach High School.

Listing Courtesy of: CCAR and NextHome The Palmetto State.

Based on information from the Coastal Carolinas MLS 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. CCAR, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser CCAR and Estately assume no responsibility for typographical errors, misprints or misinformation. This property listing is offered without respect to any protected classes in accordance with the law.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.