Foreclosed Condos in Myrtle Beach Area

Myrtle Beach Condo Foreclosures

You can scoop up some good deals with foreclosures, but you won't have as many to choose from as 2 or 3 years ago when the real estate market in Myrtle (and the rest of the US) took a tumble. Check back regularly for the latest foreclosures on condos in Myrtle Beach.

The Foreclosure Process

The foreclosure process begins when the lender files a public default notice, called a Notice of Default or Lis Pendens. Most mortgage companies will only allow a 30 day past due period before they file for repossession. Several things can happen during the foreclosure proceedings:

  • There is a grace period at first, where the owner can refinance or pay the past due amount. This is called the "pre-foreclosure" period. Sometimes the owner can get permission to sell the property now for less than the amount owed. This is known as a Short Sale.

  • When the pre-foreclosure period is over, the banks are forced to sell the property at a auction, or occasionally they will purchase the property themselves, either in an agreement with the borrower, or at the auction. The property is then said to be bank-owned, or an REO Property, which is real estate owned by the mortgage lender. Usually, the auction is held, and other investors step in and get a great deal on the foreclosure property. 

  • Buyers have to be ready to move fast and immediately as soon as you find a foreclosure property you are interested in. An investor offering a cash payment will be favored over one that has to locate financing unless you are pre-approved and the paperwork can be completed quickly. Investigate popular condo resorts ahead of time and choose the ones you're interested in.

Conditions are favorable for home buyers or investors who are looking to purchase Myrtle Beach foreclosure homes or condos as inventory and historic low interest rates combine, making it a great time to purchase. There are many foreclosures in the Myrtle Beach area - let CondoLux's team work to locate the best deal for you so that you can obtain that great deal on a foreclosure home or condo in Myrtle Beach!

See All Condo Foreclusre MLS Listings Here

Condo Foreclosures Listings in the Area

202  70Th Avenue North #801 Ph Myrtle Beach, SC 29572

202 70Th Avenue North #801 Ph
Myrtle Beach, SC 29572
St clements

MLS# 1303734 / Active
4 br, 3 ba, 1 half bath, 0 sqft
8th floor, unit loc: Ocean Front

This is an absolutely gorgeous 4 bedroom, 3.5 bath penthouse condo! what a wonderful opportunity for you to own an ocean front unit in this uniquel... 

$550,000 Condo/Townhouse
Provided courtesy of Beach & Forest Realty
8500  Margate Circle #1806 Myrtle Beach, SC 29572

8500 Margate Circle #1806
Myrtle Beach, SC 29572
Margate tower

MLS# 1513347 / Active
2 br, 2 ba, 1900 sqft
18th floor, unit loc: Ocean Front

Large 2br/2ba oceanfront unit in margate towers. beautiful views of the atlantic ocean and apache pier. to be sold strictly as is. buyer is respon... 

$494,010 Condo/Townhouse
Provided courtesy of Century 21 The Harrelson Group
201 S Ocean Blvd #1310 North Myrtle Beach, SC 29582

201 S Ocean Blvd #1310
North Myrtle Beach, SC 29582
Ocean bayclub

MLS# 1412583 / Active
4 br, 3 ba, 1650 sqft
13th floor, unit loc: Ocean Front, End Unit

Beautiful, upscale, 4 bedroom, 3 bath direct oceanfront unit-south end unit, for the best views!!! brand new stainless steel (smudgeproof) side by... 

$359,900 Condo/Townhouse
Provided courtesy of The Edgewater Group
107 S Ocean Blvd #402 Myrtle Beach, SC 29577

107 S Ocean Blvd #402
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513385 / Active
3 br, 3 ba, 1350 sqft
4th floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$289,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
107 S Ocean Blvd #301 Myrtle Beach, SC 29577

107 S Ocean Blvd #301
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513384 / Active
2 br, 2 ba, 1050 sqft
3rd floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$269,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
107 S Ocean Blvd #202 Myrtle Beach, SC 29577

107 S Ocean Blvd #202
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513378 / Active
2 br, 2 ba, 1350 sqft
2nd floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$269,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
107 S Ocean Blvd #1204 Myrtle Beach, SC 29577

107 S Ocean Blvd #1204
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513390 / Active
2 br, 2 ba, 1000 sqft
12th floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$259,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
107 S Ocean Blvd #706 Myrtle Beach, SC 29577

107 S Ocean Blvd #706
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513389 / Active
2 br, 2 ba, 950 sqft
7th floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$255,000 Condo/Townhouse
Increase +$65,100
Provided courtesy of Ocean Front Guru Real Estate
107 S Ocean Blvd #206 Myrtle Beach, SC 29577

107 S Ocean Blvd #206
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513382 / Active
2 br, 2 ba, 1000 sqft
2nd floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$249,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
3500 N Ocean Blvd #908 North Myrtle Beach, SC 29582

3500 N Ocean Blvd #908
North Myrtle Beach, SC 29582
Prince resort - phase i - cherry

MLS# 1509085 / Active
2 br, 2 ba, 1150 sqft
9th floor, unit loc: Ocean Front

This fantastic oceanfront 2 bedroom condo has incredible views of the ocean and coastline. a luxury feel full-service resort building. the unit ha... 

$199,900 Condo/Townhouse
Provided courtesy of Century 21 The Harrelson Group
107 S Ocean Blvd #405 Myrtle Beach, SC 29577

107 S Ocean Blvd #405
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513386 / Active
1 br, 1 ba, 650 sqft
4th floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$174,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
107 S Ocean Blvd #208 Myrtle Beach, SC 29577

107 S Ocean Blvd #208
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513383 / Active
1 br, 1 ba, 700 sqft
2nd floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$174,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
2501 S Ocean Blvd #101 Myrtle Beach, SC 29577

2501 S Ocean Blvd #101
Myrtle Beach, SC 29577
Holiday sands

MLS# 1416701 / Active
2 br, 2 ba, 1150 sqft
1st floor, unit loc: Ocean Front, Ocean View

2bed/2ba oceanfront condo in holiday sands south which was built in 2007. this newer building has enclosed hallways, conference areas, indoor/outd... 

$169,998 Condo/Townhouse
Provided courtesy of Watermark Real Estate Group
107 S Ocean Blvd #407 Myrtle Beach, SC 29577

107 S Ocean Blvd #407
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513387 / Active
1 br, 1 ba, 550 sqft
4th floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$169,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
107 S Ocean Blvd #204 Myrtle Beach, SC 29577

107 S Ocean Blvd #204
Myrtle Beach, SC 29577
Oceans one south tower - myrtle

MLS# 1513380 / Active
1 br, 1 ba, 700 sqft
2nd floor, unit loc: Ocean Front

Oceans one’s spectacular combination of ultra-modern architecture and contemporary décor with panoramic views of the coastal carolina coast line... 

$159,900 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
2006 N Ocean Blvd #1872 Myrtle Beach, SC 29577

2006 N Ocean Blvd #1872
Myrtle Beach, SC 29577
Breakers resort

MLS# 1512337 / Active
1 br, 1 ba, 600 sqft
18th floor, unit loc: Ocean Front, Ocean View

A must see!!! a lovely 1 bedroom and 1 bathroom well maintained condo unit located in the breakers paradise tower a popular vacation resort in the ... 

$137,500 Condo/Townhouse
Provided courtesy of Sloan Realty Group
2201 S Ocean Blvd #503 Myrtle Beach, SC 29577

2201 S Ocean Blvd #503
Myrtle Beach, SC 29577
Paradise resort

MLS# 1505218 / pending contingent on financing
1 br, 1 ba, 700 sqft
5th floor, unit loc: Ocean Front

Great 1 bedroom/1 bath oceanfront condo at the wonderful paradise resort. 

$136,000 Condo/Townhouse
Provided courtesy of Ocean Front Guru Real Estate
300 N Ocean Blvd #723 North Myrtle Beach, SC 29582

300 N Ocean Blvd #723
North Myrtle Beach, SC 29582
Avista ocean resort

MLS# 1511885 / Active
1 br, 1 ba, 700 sqft
7th floor, unit loc: Ocean Front, End Unit

Furnished. 1bd/1ba oceanfront end unit located in the avista resort in nmb.. nicely kept and clean with a pull down murphy bed in the living room.... 

$134,900 Condo/Townhouse
Provided courtesy of Century 21 The Harrelson Group
1709 S Ocean Blvd #614 North Myrtle Beach, SC 29582

1709 S Ocean Blvd #614
North Myrtle Beach, SC 29582
San-a-bel

MLS# 1501212 / Active
2 br, 2 ba, 800 sqft
6th floor, unit loc: Ocean Front

Cozy 2 bedrooms ocean front condo with a private balcony. there is an on site parking garage, indoor pool, outdoor pool, hot tub, and fitness room.... 

$114,900 Condo/Townhouse
Reduced -$5,000
Provided courtesy of Century 21 The Harrelson Group
2701 S Ocean Blvd #304 North Myrtle Beach, SC 29582

2701 S Ocean Blvd #304
North Myrtle Beach, SC 29582
Bay watch

MLS# 1507272 / Active
1 br, 1 ba, 650 sqft
3rd floor, unit loc: Ocean Front

Fantastic direct ocean front 1 br/ 1 ba fully furnished unit in desirable bay watch resort. unit is in spectacular condition and offers direct ocea... 

$102,900 Condo/Townhouse
Provided courtesy of RE/MAX Southern Shores NMB
2300 N Ocean Blvd #738 Myrtle Beach, SC 29577

2300 N Ocean Blvd #738
Myrtle Beach, SC 29577
Boardwalk oceanfront tower

MLS# 1511994 / Active
1 br, 1 ba, 550 sqft
7th floor, unit loc: Ocean Front

Great oceanfront condo that is centrally located in myrtle beach, convenient to attractions, shopping, golf and more. enjoy 3 outdoor pools, lazy r... 

$74,900 Condo/Townhouse
Provided courtesy of Century 21 The Harrelson Group

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Coastal Carolinas Association of REALTORS ® Real estate listings held by brokerage firms other than Condolux Properties, Llc are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

Information deemed reliable but not guaranteed. © Copyright Coastal Carolinas Association of Realtors®. All rights reserved. Last updated on 07-05-2015 6:35pm est.