This property was hand-picked for The Certifax Report; it has since sold. These deals often go contract pending within days of our reporting. If you want our research, analysis and alerts so you can act fast, subscribe here.
Ocean Dunes Tower I (and the adjacent Tower II) are east of Ocean Boulevard and within about 1,000 feet of the ocean. More or less, they are part of the Ocean Dunes resort complex. Ocean Dunes is an oceanfront condotel (condo project operated as a hotel with front desk, concierge, conference facilities, pools, restaurants, and all the amenities typically found at a large hotel). Units in Ocean Dunes Towers I and II are typically rented through Ocean Dunes Resort. Financing on condotels is limited.
Located on the north end of the City of Myrtle Beach, an area less commercialized than the south end of Myrtle Beach.
The subject unit is on a low floor and has no ocean view. All the sales we found and listed below are similar in floor plan and also lack an ocean view.
Like most condos, we have the subject floor plan and can email it to you upon request (no charge).
Currently in MLS, the next lowest priced active listing in either Tower I or Tower II is priced at $64,900 (omitting short-sale listings with prices that often the banks don’t agree to).
Ocean Dunes Twr I #4010, 1 BR, 1.5 Bath , 503 GLA, built 1985, listed at $32,900
Compared to Recent Sales:
|Ocean Dunes Twr. I & II Sales||BRs/ Baths||GLA (SqFt)||Sales Price||Closing Date||Data Source MLS #|
|Unit # 4025 (Twr. I)
|Unit # 6020 (Twr. II)||1/1.5||503||$45,000||08/29/2012||1204789|
|Unit # 6030 (Twr. II)
|Unit # 4024 (Twr. I)||1/1.5||503||$41,500||06/19/2012||1201605|
|Unit # 4031 (Twr. I)
|Unit # 4022 (Twr. I)||1/1.5||503||$32,900||02/17/2012||1103309|
Map (To see more, put mouse over map, click and drag):
View Larger Map
Photos (Click image to enlarge):
Listing Office: The Hoffman Group
Listing Agent: Alicia Altman, REALTOR