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$487,500

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 1,570 Sq. Ft.
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RARE OPPORTUNITY at DRAYTON HOUSE! Second Floor end unit located within the "Golden Mile" and the "Cabana District". This 3 bedroom 2 full bath unit not only is located in one of the most ideal locations along the beach but delivers a spectacular view of the Atlantic Ocean just beyond the cabanas. Spacious and comfort accompanies this hard to find unit in a building with its own private pool and outdoor elevator. This unit would make an excellent primary residence, second home beach getaway or a healthy income producing investment property. This rare unit does not have a typical floor plan seen in ocean front condos, large spacious rooms and a functional floor plan. The spacious kitchen has plenty of cabinet space including a breakfast bar and a separate room for laundry. The oversized balcony oversees the cabana section and can be accessed from the master bedroom or main living area. Easy access to the beach within footsteps. There are only 8 units in this building and this end unit provides a bay window in the dining area and bedrooms for lots of natural light. Drayton House is not only located in a terrific area of Myrtle Beach, it is close to everything you could want! After spending the day on the beach building sandcastles, surfing or just soaking up the sun, you are minutes away from endless restaurants from exotic to traditional, golfing, shopping, miniature golf for the family, and the Award- winning Carolina Opry! This immaculately maintained condo is ready for your sunrises and sunsets with memories to last a lifetime.

Full Property Details for 5501 N Ocean Blvd #201

General

  • Price: $487,500
  • HOA FEE: $825/month
  • Status: Active
  • Type: Condo
  • Source: 2260
  • MLS ID: 2423859
  • Updated: 11/8/2024
  • Added to Site: 40 day(s) ago

Interior

  • Interior Features: Entrance Foyer, Window Treatments, Breakfast Bar, Stainless Steel Appliances
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer
  • Furnished: Yes
  • Flooring: Luxury Vinyl, Luxury VinylPlank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Washer Hookup

Additional Information

  • Shared Amenities: Pet Restrictions, Elevator(s)
  • Pool: Yes
  • Pool Description: Community, Outdoor Pool
  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: One and One Half Spaces

Location

  • Area: 16D Myrtle Beach Area--48th Ave N to 79th Ave N
  • County: Horry
  • Subdivision: Drayton House
  • Driving Directions: From N Kings Highway, take Hampton Circle to N Ocean Blvd at the split by the Mermaid Inn, turn left onto N Ocean Blvd. Drayton House is on the corner. Park either in back in designated spot or in front of building in non-designated spots.

School Information

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Community

  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Water: Public
  • Utility Description: Electricity Available, Sewer Available, Water Available

Structural Information

  • Architectural Style: Mid Rise
  • Exterior Const.: Brick Veneer
  • Entry Floor Number: 2
  • Square Feet: 1,570
  • Living Area: 1,458 Sq. Ft.
  • Year Built: 1983
  • Property Condition: Resale

Lot Features

  • Property View: Ocean
  • Lot Features: City Lot, Rectangular
  • Zoning: MF

Water Features

  • Water Front: Yes
  • Water Front Desc.: Ocean Front

Financial Considerations

  • Association Fee: $825
  • Assoc Fee Freq.: Monthly
  • Terms: Cash, Portfolio Loan

Disclosures and Reports

  • Disclosures/Reports: Covenants/Restrictions Disclosure, Seller Disclosure
  • Property ID: 42115030068

Listed by Grande Dunes Properties

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Listing agent

— 5501 N Ocean Blvd #201 —

  • Grande Dunes Properties

marksellsmyrtlebeach@gmail.com

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5501 N Ocean Blvd #201

School District:Horry County Schools
RatingNameGradesDistance
NR
Myrtle Beach Primary School
620 29th Ave N, Myrtle Beach, SC 29577
1-21.9 mi
NR
Myrtle Beach Early Childhood School
612 29th Ave N, Myrtle Beach, SC 29577
PK-K1.9 mi
NR
Myrtle Beach Elementary School
950 Seahawk Way, Myrtle Beach, SC 29577
3-52 mi
6
Myrtle Beach Middle School
3101 N Oak St, Myrtle Beach, SC 29577
6-81.8 mi
6
Myrtle Beach High School
3302 Robert M Grissom Pkwy, Myrtle Beach, SC 29577
9-121.8 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5501 N Ocean Blvd #201 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/08/2024
Price Reduced
$487,500
-2.5%
MLS
10/15/2024
Listed
$499,999
21.95%
MLS
2/07/2022
Sold
$410,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5501 N Ocean Blvd #201

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,590
51%
$29,295
—
2021
$4,356
1%
$29,295
—
2020
$4,314
36%
$29,295
-86%
2019
$3,165
11%
$204,700
15%
2018
$2,841
1%
$178,000
—
2017
$2,809
1%
$178,000
—
2015
$2,777
3%
$178,000
—
2014
$2,700
-12%
$178,000
1299%
2013
$3,072
—
$12,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Grande Dunes Properties

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5501 N Ocean Blvd. #201, Myrtle Beach, SC 29577 (MLS# 2423859) is a Condo property with 3 bedrooms and 2 full bathrooms. 5501 N Ocean Blvd. #201 is currently listed for $487,500 and was received on October 15, 2024. Want to learn more about 5501 N Ocean Blvd. #201? Do you have questions about finding other Condo real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

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