Condo: Seawatch N. Twr. #404: 09/10/2012

Condo … Tax ID # 166-03-33-170
 
$74,900 … 11% ($8,900) Below Recent Sales (Avg.)
 
161 Seawatch Dr., Seawatch N.Twr. #404
Myrtle Beach, SC 29572
 
1 BR, 1 Bath, 425 GLA (Htd. SqFt) Built 2000

Oceanfront. 20 minutes to airport

Seawatch Plantation is a 10-acre resort with three buildings and hundreds of condos (efficiencies to 3-bedroom units) appealing to second home and investor buyers. This project is operated as a hotel by Wyndham Resorts with a front desk, conference facilities, 5 outdoor pools, 2 indoor pools, lazy river, restaurants, and all the amenities typically found at a large hotel.
 
Seawatch is along one of the nicest stretches of beach with Kingston Plantation, an upscale resort, a half-mile or so to the south and 2-miles of protected, undeveloped beach to the north. It’s close to outlet-mall shopping, an indoor shopping mall, movie theaters and numerous tourist attractions. This is outside the city limits, halfway between Myrtle Beach and North Myrtle Beach
 
Currently in MLS, the next lowest priced 1-BR unit in Seawatch (omitting short-sale listings with prices that often the banks don’t agree to) is priced at $89,000 (MLS # 1204407).
 
Property management: Wyndham Property Management, 843-692-2020
 
Seawatch N. Twr. #404, 1 BR, 1 Bath , 425 GLA, built 2000, listed at $79,900
Compared to Recent Sales:

Seawatch N. Tower BRs/ Baths GLA (SqFt) Sales Price Closing Date Data Source MLS #
Unit # 1410
1/1 525 $78,000 08/24/2012 1208086
Unit # 161 1/1 425 $81,000 08/06/2012 1205728
Unit # 906
1/1 390 $88,000 05/12/2012 1111629
Unit # 1107 1/1 425 $90,000 02/09/2012 1111961
Unit # 908
1/1 425 $80,000 12/19/2011 1118878
Unit # 605 1/1 425 $86,000 11/03/2011 1104568

 

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Bank Owned

MLS #1208260
Listing Agent: Alicia Altman, REALTOR

Phone: 843-457-2250

aaltman@oceaninvestments.com