Buying a Condo in the Myrtle Beach Area
Popular Condo Searches By Type
Finding the Best Deal on Myrtle Beach Condos
Myrtle Beach condos are a great investment, located amidst the convenience and charm of South Carolina's famous and fun Grand Strand.
With thousands to choose from, how will you decide what the best deal is? We're glad you asked.
Search The MLS
You can go to just about any Myrtle Beach Real Estate website on the internet and search the MLS for condos and homes for sale in the Grand Strand. There are oceanfront condos in the established favorite resorts, newer condominiums that offer bigger and better amenities and are sparkling clean (which brings higher rental values), much less expensive villas that are several blocks off the ocean, and even inexpensive (comparatively) but luxurious golf course condominiums that are perfect for someone who wants to use the home for family and friends instead of rentals.
Foreclosures Pack A Punch
Presently, there are foreclosures in Myrtle Beach for every type of property. If you can move fast, find a distressed owner, or for the best deal of all, a SHORT-SALE, the amount you can save on real estate at the beach can be amazing. But usually in order to really accomplish a super deal like this, you have to have ready cash and an agent that will find the property, check it over with a fine-toothed comb, and know how to deal with the bank to make it happen. There are only a few Realtors in the area who have the specialized expertise in this area. (WE WORK WITH THOSE FEW!)
Remember, It's an Investment
So it all depends. Not counting the foreclosures, many times you may see what seems to be a wonderful deal, like an oceanfront 2 bedroom for $200,000, for example. But usually there is a reason for the price. Perhaps it's an older building with structure problems...one that insurance companies refuse to insure. Maybe the pools are small and old, and there will be an upcoming huge assessment to replace them. You must have an agent representing you who KNOWS all the properties and that you can trust to steer you away from problem resorts. (WE ARE EXPERTS!)
Perhaps you will save a nice amount in the initial purchase, but the furniture is old and the appliances have to be replaced? Do you have the time (and ready cash) to immediately spend $10,000 out of your own pocket to get the condo in a condition for obtaining rental income? The best condo rental companies require the rental units to be in perfect shape with new furniture and appliances before they will agree to manage them. Vacationers pay high prices for rentals, and they EXPECT perfection. There are some "fixer-uppers" to be found, though - and you can save money in the sales price when you find one. So think it through and decide what your priorities and requirements are before you start looking.
Whether you are looking to buy a primary home, enjoy a vacation condo, or find an investment property in this beautiful area, look no further. We will find the perfect Myrtle Beach Real Estate, to fit your needs and fulfill your dreams of owning beachfront property!Modify Search Criteria
1501 South Ocean Blvd. #1028
Myrtle Beach, SC 29577
Beautiful direct oceanfront view from this 10th floor fully furnished condo in Landmark Resort. Enjoy year-round dining, newly renovated indoor and...
8775 Chandler Dr. #h
Surfside Beach, SC 29575
South Bay Lakes
The beach is calling you! South Bay Lakes Community is centrally located off Glenn's Bay Road in Surfside Beach. This unit overlooks the sparkling ...
1207 S Ocean Blvd. S #50613
Myrtle Beach, SC 29577
Sea Mist Resort
NEW LISTING - Wonderful - Beautiful - Fully furnished - Spacious - Oceanview Condo on the 6th floor. Great Balcony Oceanview! Comfortable Seating...
603 Wagon Wheel Rd. #105
Myrtle Beach, SC 29572
Affordable valued condominium unit close to the beach, restaurants, golf courses, shopping and everything Myrtle Beach has to offer. Unit has its ...