Condo: Sea Mist Resort #50912: 07/24/2012

Condo … Tax ID # 181-13-02-182
 
$29,900 … 16% ($5,700) Below Recent Sales (Avg.)
Sold $30,000
1207 S. Ocean Blvd, Sea Mist Resort #50912
Myrtle Beach, SC 29577
 
Efficiency, 1 Bath, 390 GLA (Htd. SqFt) Built 1981
Oceanfront. 10 Min. from Airport

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.

 
Sea Mist Resort was originally built as a hotel around 1975 and converted to condominiums around 2006. This project is operated as a hotel with a front desk, pools, lazy rivers, restaurants, mini-golf, waterpark, wireless internet. Sea Mist is in a very touristy section of Myrtle Beach with amusement parks nearby. As a result, this type property is ideal for someone who wants to rent their unit to tourists.
 
The subject unit has a mini kitchen with full-size frig and microwave. The subject unit and the sales shown below are not direct oceanfront units but rather they’re on the side of the building with ocean views. Thean oceanthree similar-unit sales shown below are not direct oceanfront units but rather set on a diagonal with partially obstructed views.
 
If you’re interested in this unit, we have the floor plan and can email it to you.

 

Sea Mist Resort #50912, Eff’y, 1 Bath , 390 GLA, Built 1981, listed at $29,900
Compared to Recent Sales:

Condos at Sea Mist BRs/ Baths GLA (SqFt) Sales Price Closing Date Data Source MLS #
Unit # 50603 Eff/1 390 $40,000 07/12/2012 1204560
Unit # 50809 Eff/1 390 $30,000 06/29/2012 1119376
Unit # 50909 Eff/1 390 $34,000 05/30/2012 1206334
Unit # 51307
Eff/1 390 $35,000 05/11/2012 1119780
Unit # 51106 Eff/1 390 $37,500 05/04/2012 1203137
Unit # 51108 Eff/1 390 $37,100 04/20/2012 1205447

 

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Bank Owned

MLS #1209440

Listing Office: Century 21 All Stars

Listing Agent: Ronnie Eaves, REALTOR