5511 N Ocean Blvd. #708
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 4, 2024 | No longer available | - | |
| No longer available | |||
| Jan 23, 2024 | Price Decreased |
$294,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jan 10, 2024 | Listed | $309,900 | |
| Listed | |||
| | |||
|
With floor-to-ceiling windows, there are no views like those you'll find from this 1BR unit in Forest Dunes. Located along the Golden Mile of Myrtle Beach in the Cabana District makes this a sought after location as it is in a more residential setting, yet very close to all the excitement that Myrtle Beach has to offer. Sellers recently renovated the entire unit to include LVP floors, solid surface counter tops and backsplash, upgraded solid wood cabinets, vanity, tiled shower and even its own washer and dryer. This furnished unit is like no other in the complex. The large custom island replaces the need for a bulky dining table and allows for expansive ocean views from every seat. Its south facing balcony provides privacy that offers both sunrise and sunset backdrops. Currently used as a short term rental, it would also be an ideal spot for year round living or second home. HOA fees even includes interior electric. Property has indoor and outdoor pools, lazy river, hot tub, gym, covered parking garage, on site restaurant/bar and just steps from the beach. The manager has listed the unit size as 741 square feet.
| |||
| Nov 13, 2022 | No longer available | - | |
| No longer available | |||
| Sep 6, 2022 | Listed | $229,900 | |
| Listed | |||
| | |||
|
Condo at the Beach! Whether You Make this Your Primary Home, Second Home or a Vacation Rental - this Condo has that Warm Fuzzy Feeling of Home in a Tropical Paradise that You'd Never Want to Leave! This Lovely 1 Bedroom Unit has 1 1/2 Baths, is being Sold Fully Furnished with Stainless Appliances, Gorgeous Tropical Furniture, Pull-Out Sofa for Extra Guests, Kitchen/Living Room has Beautiful Grey Slate Tile Flooring, and a Large Balcony Overlooking an Expansive view of the Ocean and able to View the Nightlife of Myrtle Beach! Within this Community it also Has Hot Tubs, Lazy River and Pool River and Pool!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2024
|
1 Bed
|
1.5 Bath
|
-
|
$294,900
1 Bed
1.5 Bath
|
-
-
|
Lawrence "Lance" Stopper
Century 21 Stopper &Associates
| |
|
04/19/2024
|
1 Bed
|
1.5 Bath
|
-
|
$278,900
1 Bed
1.5 Bath
|
-
-
|
Pamela Harrelson
Palmetto Coastal Homes
| |
|
04/10/2024
|
1 Bed
|
1.5 Bath
|
-
|
$264,900
1 Bed
1.5 Bath
|
-
-
|
Rose Foggotte
Coastal Sands Realty
| |
|
10/03/2023
|
3 Bed
|
2 Bath
|
-
|
$479,999
3 Bed
2 Bath
|
-
-
|
Brendon Payne Expert Advisors
Century 21 The Harrelson Group
| |
|
02/06/2024
|
1 Bed
|
1 Bath
|
-
|
$259,000
1 Bed
1 Bath
|
-
-
|
Caleb Click
Sloan Realty Group
| |
|
01/11/2024
|
1 Bed
|
1.5 Bath
|
-
|
$219,900
1 Bed
1.5 Bath
|
-
-
|
Larry Knowles Jr
Beach & Forest Realty
| |
|
01/10/2024
|
1 Bed
|
1 Bath
|
741 ft²
|
$309,900
1 Bed
1 Bath
741 ft²
|
-
-
|
Sandra Cribb
NextHome The Palmetto State
| |
|
12/22/2023
|
1 Bed
|
1.5 Bath
|
-
|
$222,500
1 Bed
1.5 Bath
|
-
-
|
The Mills Group
Century 21 Barefoot Realty
| |
|
12/19/2023
|
1 Bed
|
1.5 Bath
|
-
|
$226,900
1 Bed
1.5 Bath
|
-
-
|
Marissa Young
CENTURY 21 Broadhurst & Associ
| |
|
11/15/2023
|
1 Bed
|
1.5 Bath
|
-
|
$239,900
1 Bed
1.5 Bath
|
-
-
|
The DeForrest Team
BRG Real Estate
| |
|
11/01/2023
|
3 Bed
|
2.5 Bath
|
-
|
$475,999
3 Bed
2.5 Bath
|
-
-
|
Janine Frank
Century 21 The Harrelson Group
| |
|
10/14/2023
|
1 Bed
|
1 Bath
|
-
|
$299,999
1 Bed
1 Bath
|
-
-
|
Courtney Scott
Brand Name Real Estate
| |
|
09/22/2023
|
1 Bed
|
1 Bath
|
-
|
$259,900
1 Bed
1 Bath
|
-
-
|
Bryant Evans
RE/MAX Southern Shores
| |
|
08/30/2023
|
3 Bed
|
2.5 Bath
|
-
|
$389,900
3 Bed
2.5 Bath
|
-
-
|
The Mills Group
Century 21 Barefoot Realty
| |
|
08/21/2023
|
1 Bed
|
1.5 Bath
|
-
|
$199,999
1 Bed
1.5 Bath
|
-
-
|
Adam Hayes
CENTURY 21 Broadhurst & Associ
| |
|
08/08/2023
|
1 Bed
|
1.5 Bath
|
-
|
$249,900
1 Bed
1.5 Bath
|
-
-
|
Rose Foggotte
Coastal Sands Realty
| |
|
07/19/2023
|
1 Bed
|
1.5 Bath
|
-
|
$199,000
1 Bed
1.5 Bath
|
-
-
|
Blake Sloan
Sloan Realty Group
| |
|
05/30/2023
|
1 Bed
|
1.5 Bath
|
-
|
$259,900
1 Bed
1.5 Bath
|
-
-
|
Brendon Payne Expert Advisors
Century 21 The Harrelson Group
| |
|
04/26/2023
|
1 Bed
|
1.5 Bath
|
-
|
$184,500
1 Bed
1.5 Bath
|
-
-
|
Liat Edri
CENTURY 21 Broadhurst & Associ
| |
|
04/06/2023
|
1 Bed
|
1.5 Bath
|
-
|
$259,900
1 Bed
1.5 Bath
|
-
-
|
The Advantage Group
NorthGroup Real Estate Inc
| |
|
02/27/2023
|
1 Bed
|
1.5 Bath
|
-
|
$210,000
1 Bed
1.5 Bath
|
-
-
|
Jackie Carpenter
CB Sea Coast Advantage CF
| |
|
01/19/2023
|
1 Bed
|
1.5 Bath
|
-
|
$239,000
1 Bed
1.5 Bath
|
$235,000
-1.67%
03/21/2023
|
Jerry Pinkas Team
Jerry Pinkas Real Estate Experts
| |
|
01/12/2023
|
1 Bed
|
1.5 Bath
|
-
|
$197,900
1 Bed
1.5 Bath
|
-
-
|
Michele Rappa
RE/MAX Southern Shores
| |
|
01/06/2023
|
1 Bed
|
1.5 Bath
|
-
|
$243,700
1 Bed
1.5 Bath
|
-
-
|
Michael Foggotte
Coastal Sands Realty
| |
|
01/06/2023
|
1 Bed
|
1.5 Bath
|
-
|
$234,900
1 Bed
1.5 Bath
|
-
-
|
The Derrick Legacy Team
BRG Real Estate
| |
|
07/04/2022
|
3 Bed
|
3 Bath
|
-
|
$464,500
3 Bed
3 Bath
|
-
-
|
Grand Strand Seaside Seaside Partners
Realty ONE Group DocksideSouth
| |
|
12/08/2022
|
1 Bed
|
1.5 Bath
|
-
|
$252,900
1 Bed
1.5 Bath
|
-
-
|
Michele Rappa
RE/MAX Southern Shores
| |
|
12/05/2022
|
1 Bed
|
1.5 Bath
|
-
|
$209,900
1 Bed
1.5 Bath
|
-
-
|
Blake Sloan
Sloan Realty Group
| |
|
12/05/2022
|
1 Bed
|
1.5 Bath
|
-
|
$250,000
1 Bed
1.5 Bath
|
-
-
|
Brendon Payne Expert Advisors
Century 21 The Harrelson Group
| |
|
12/04/2022
|
1 Bed
|
1 Bath
|
-
|
$258,000
1 Bed
1 Bath
|
-
-
|
Jamye Crossingham
CENTURY 21 Boling & Associates
| |
|
11/21/2022
|
1 Bed
|
1.5 Bath
|
-
|
$214,900
1 Bed
1.5 Bath
|
-
-
|
The Mills Group
Century 21 Barefoot Realty
| |
|
06/20/2022
|
1 Bed
|
2 Bath
|
-
|
$227,900
1 Bed
2 Bath
|
$179,900
-21.06%
04/11/2023
|
Brent Zajac
Brand Name Real Estate
| |
|
10/11/2022
|
1 Bed
|
2 Bath
|
-
|
$249,900
1 Bed
2 Bath
|
-
-
|
Brendon Payne Expert Advisors
Century 21 The Harrelson Group
| |
|
09/28/2022
|
3 Bed
|
2.5 Bath
|
-
|
$425,000
3 Bed
2.5 Bath
|
-
-
|
Karen Knight
Shoreline Realty
| |
|
09/06/2022
|
1 Bed
|
2 Bath
|
-
|
$229,900
1 Bed
2 Bath
|
-
-
|
Tarita Colite
Colite Real Estate
| |
|
07/07/2022
|
1 Bed
|
2 Bath
|
-
|
$209,900
1 Bed
2 Bath
|
-
-
|
Michele Rappa
RE/MAX Southern Shores
| |
|
06/10/2022
|
1 Bed
|
2 Bath
|
-
|
$219,797
1 Bed
2 Bath
|
-
-
|
Brad Emond
Keller Williams - Myrtle Beach South
| |
|
05/31/2022
|
1 Bed
|
2 Bath
|
-
|
$190,000
1 Bed
2 Bath
|
-
-
|
Chasitie Borders
Grand Strand Coastal Realty
| |
|
05/13/2022
|
3 Bed
|
3 Bath
|
-
|
$450,000
3 Bed
3 Bath
|
-
-
|
Chasitie Borders
Grand Strand Coastal Realty
| |
|
05/12/2022
|
3 Bed
|
3 Bath
|
-
|
$425,000
3 Bed
3 Bath
|
-
-
|
Randi Geddes
CRG Real Estate
| |
|
05/11/2022
|
1 Bed
|
2 Bath
|
-
|
$198,999
1 Bed
2 Bath
|
-
-
|
Kevin Nguyen
Fathom Realty Coastal
| |
|
04/05/2022
|
1 Bed
|
2 Bath
|
-
|
$209,000
1 Bed
2 Bath
|
$194,900
-6.75%
06/10/2022
|
Douglas Morris
Garden City Realty, Inc
| |
|
04/16/2022
|
1 Bed
|
2 Bath
|
-
|
$223,700
1 Bed
2 Bath
|
-
-
|
Michael Foggotte
Coastal Sands Realty
| |
|
03/23/2022
|
1 Bed
|
2 Bath
|
-
|
$209,900
1 Bed
2 Bath
|
$220,100
+4.86%
05/11/2022
|
Chance Leith
Beach & Forest Realty
| |
|
03/12/2022
|
1 Bed
|
2 Bath
|
-
|
$209,900
1 Bed
2 Bath
|
-
-
|
Chance Leith
Beach & Forest Realty
| |
|
03/04/2022
|
1 Bed
|
2 Bath
|
-
|
$195,000
1 Bed
2 Bath
|
-
-
|
Shauna Shane
Century 21 The Harrelson Group
| |
|
02/01/2022
|
1 Bed
|
2 Bath
|
-
|
$219,900
1 Bed
2 Bath
|
$214,000
-2.68%
04/25/2022
|
Natalie LaBruce
RE/MAX Southern Shores
| |
|
01/03/2022
|
1 Bed
|
2 Bath
|
-
|
$205,000
1 Bed
2 Bath
|
-
-
|
Todd Merritt
Weichert REALTORS CF
| |
|
10/22/2021
|
1 Bed
|
2 Bath
|
-
|
$199,900
1 Bed
2 Bath
|
-
-
|
Michele Rappa
RE/MAX Southern Shores
| |
|
09/11/2021
|
3 Bed
|
3 Bath
|
-
|
$379,900
3 Bed
3 Bath
|
-
-
|
Kristin Boullion
RE/MAX Southern Shores
| |
|
07/10/2021
|
3 Bed
|
3 Bath
|
-
|
$379,900
3 Bed
3 Bath
|
-
-
|
Michael Foggotte
Coastal Sands Realty
| |
|
07/09/2021
|
1 Bed
|
2 Bath
|
-
|
$140,000
1 Bed
2 Bath
|
-
-
|
Natalie Cruse
Keller Williams - Myrtle Beach South
| |
|
07/02/2021
|
1 Bed
|
2 Bath
|
-
|
$225,000
1 Bed
2 Bath
|
$187,500
-16.67%
09/03/2021
|
Right Find H Team
Keller Williams MB S. Realty
| |
|
06/07/2021
|
3 Bed
|
3 Bath
|
-
|
$349,000
3 Bed
3 Bath
|
$350,000
+0.29%
07/30/2021
|
Daniel Demers
Sell Your Home Services LLC
| |
|
03/09/2021
|
1 Bed
|
2 Bath
|
-
|
$134,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
02/21/2021
|
1 Bed
|
1 Bath
|
-
|
$139,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
02/16/2021
|
3 Bed
|
3 Bath
|
-
|
$299,000
3 Bed
3 Bath
|
-
-
|
-
| |
|
02/15/2021
|
1 Bed
|
1 Bath
|
-
|
$119,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/05/2021
|
1 Bed
|
2 Bath
|
-
|
$118,700
1 Bed
2 Bath
|
$116,500
-1.85%
06/16/2021
|
Michael Foggotte
| |
|
01/04/2021
|
1 Bed
|
2 Bath
|
-
|
$115,700
1 Bed
2 Bath
|
-
-
|
-
| |
|
12/14/2020
|
1 Bed
|
1 Bath
|
-
|
$179,700
1 Bed
1 Bath
|
$179,700
04/26/2021
|
Traci Miles Team
| |
|
10/27/2020
|
1 Bed
|
2 Bath
|
-
|
$147,500
1 Bed
2 Bath
|
$138,000
-6.44%
04/12/2021
|
Shine Team
| |
|
10/15/2020
|
3 Bed
|
3 Bath
|
-
|
$250,000
3 Bed
3 Bath
|
-
-
|
-
| |
|
10/05/2020
|
3 Bed
|
2 Bath
|
-
|
$325,000
3 Bed
2 Bath
|
$282,500
-13.08%
12/28/2020
|
The Abe Safa Team
| |
|
09/27/2020
|
1 Bed
|
2 Bath
|
-
|
$144,900
1 Bed
2 Bath
|
$144,900
11/25/2020
|
Michele Rappa
| |
|
08/24/2020
|
3 Bed
|
3 Bath
|
-
|
$299,900
3 Bed
3 Bath
|
$290,342
-3.19%
12/04/2020
|
Kristin Boullion
| |
|
08/02/2020
|
1 Bed
|
2 Bath
|
-
|
$118,300
1 Bed
2 Bath
|
$117,000
-1.10%
03/04/2021
|
Barry Thigpen Jr
| |
|
07/26/2020
|
1 Bed
|
2 Bath
|
-
|
$144,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
07/06/2020
|
1 Bed
|
2 Bath
|
-
|
$139,900
1 Bed
2 Bath
|
$139,900
09/11/2020
|
Michael Foggotte
| |
|
07/01/2020
|
1 Bed
|
2 Bath
|
-
|
$149,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
06/08/2020
|
1 Bed
|
2 Bath
|
-
|
$114,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
06/08/2020
|
1 Bed
|
2 Bath
|
-
|
$119,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
06/07/2020
|
1 Bed
|
2 Bath
|
-
|
$139,900
1 Bed
2 Bath
|
$130,000
-7.08%
04/13/2021
|
Patricia Walters
| |
|
05/21/2020
|
1 Bed
|
1 Bath
|
-
|
$164,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/01/2020
|
1 Bed
|
2 Bath
|
-
|
$99,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
05/10/2020
|
1 Bed
|
2 Bath
|
-
|
$125,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
02/25/2020
|
1 Bed
|
1 Bath
|
-
|
$112,000
1 Bed
1 Bath
|
$109,000
-2.68%
05/04/2020
|
Barrett Neeley
| |
|
01/14/2020
|
1 Bed
|
2 Bath
|
-
|
$137,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
12/30/2019
|
1 Bed
|
1 Bath
|
-
|
$172,000
1 Bed
1 Bath
|
$165,000
-4.07%
04/16/2020
|
Michele Rappa
| |
|
10/29/2019
|
1 Bed
|
2 Bath
|
-
|
$115,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
10/25/2019
|
3 Bed
|
2 Bath
|
-
|
$269,000
3 Bed
2 Bath
|
-
-
|
-
| |
|
10/11/2019
|
1 Bed
|
2 Bath
|
-
|
$119,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
10/11/2019
|
1 Bed
|
2 Bath
|
-
|
$119,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
09/27/2019
|
1 Bed
|
1 Bath
|
-
|
$123,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
09/12/2019
|
3 Bed
|
2 Bath
|
-
|
$269,900
3 Bed
2 Bath
|
-
-
|
-
| |
|
08/27/2019
|
1 Bed
|
2 Bath
|
-
|
$125,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
08/26/2019
|
1 Bed
|
1 Bath
|
-
|
$187,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
08/15/2019
|
1 Bed
|
2 Bath
|
-
|
$179,000
1 Bed
2 Bath
|
$165,000
-7.82%
06/17/2020
|
Ken Moore
| |
|
08/07/2019
|
1 Bed
|
2 Bath
|
-
|
$120,900
1 Bed
2 Bath
|
$263,000
+117.54%
10/30/2019
|
Ken Moore
| |
|
07/24/2019
|
1 Bed
|
2 Bath
|
-
|
$119,800
1 Bed
2 Bath
|
-
-
|
-
| |
|
07/24/2019
|
1 Bed
|
2 Bath
|
-
|
$134,900
1 Bed
2 Bath
|
$117,000
-13.27%
12/23/2019
|
Susan Palka
| |
|
06/01/2019
|
1 Bed
|
2 Bath
|
-
|
$144,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
12/05/2018
|
1 Bed
|
2 Bath
|
-
|
$95,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
05/09/2019
|
1 Bed
|
2 Bath
|
-
|
$116,000
1 Bed
2 Bath
|
$110,000
-5.17%
09/03/2019
|
The Duncan Group
| |
|
05/02/2019
|
1 Bed
|
1 Bath
|
-
|
$179,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/28/2019
|
1 Bed
|
1 Bath
|
-
|
$156,900
1 Bed
1 Bath
|
-
-
|
-
| |
|
04/22/2019
|
1 Bed
|
2 Bath
|
-
|
$149,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
02/24/2019
|
1 Bed
|
2 Bath
|
-
|
$135,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
02/14/2019
|
1 Bed
|
2 Bath
|
-
|
$119,900
1 Bed
2 Bath
|
$107,500
-10.34%
08/06/2019
|
Brendon Payne Expert Advisors
| |
|
01/25/2019
|
3 Bed
|
2 Bath
|
-
|
$339,900
3 Bed
2 Bath
|
$323,000
-4.97%
04/18/2019
|
Bob Schreiber
| |
|
01/16/2019
|
1 Bed
|
2 Bath
|
-
|
$117,000
1 Bed
2 Bath
|
-
-
|
-
| |
|
01/15/2019
|
1 Bed
|
1 Bath
|
-
|
$105,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
01/03/2019
|
1 Bed
|
2 Bath
|
-
|
$99,900
1 Bed
2 Bath
|
-
-
|
-
| |
|
12/26/2018
|
1 Bed
|
1 Bath
|
-
|
$118,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
12/05/2018
|
2 Bed
|
3 Bath
|
-
|
$240,000
2 Bed
3 Bath
|
-
-
|
-
| |
|
12/02/2018
|
1 Bed
|
1 Bath
|
-
|
$135,000
1 Bed
1 Bath
|
-
-
|
-
| |
|
07/13/2018
|
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
| |
|
05/29/2018
| |
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
|
|
06/08/2018
|
1 Bed
|
2 Bath
|
-
|
$109,999
1 Bed
2 Bath
|
$100,000
-9.09%
03/12/2019
|
Gregory Harrelson
| |
|
05/29/2018
|
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
| |
|
05/11/2018
|
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
| |
|
04/30/2018
|
1 Bed
|
2 Bath
|
-
|
-
1 Bed
2 Bath
|
-
-
|
-
| |
|
02/21/2018
|
3 Bed
|
3 Bath
|
-
|
$229,000
3 Bed
3 Bath
|
$225,000
-1.75%
11/14/2018
|
Ron Jackson
| |
|
07/29/2017
| |
3 Bed
|
3 Bath
|
-
|
-
3 Bed
3 Bath
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017