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Myrtle Beach Real Estate |Investment Vacation Properties

DSC_0252Myrtle Beach Real Estate experts at Century 21 Coastal Lifestyles will work with you to achieve your investment vacation property goals. A few initial questions will get us started.

  1. What your plans are for the use of your investment property?
  2. Are you going to use it purely as a rental investment without ever using it personally?
  3. Are you planning on using your unit as a vacation retreat for your family and friends?

There are many things to consider when you are looking at in investment property at the beach. What is included, or not included in the homeowners association fees. Some complexes include insurance, water, cable, wifi, and electricity.

Rental income history will also play a big part of your return on investment. Some buildings and resorts perform much better than average.

Are looking for oceanfront, second row, or golf course vacation properties? What is the proximity to local attractions? – Broadway at the Beach, Myrtle Beach Boardwalk, Barefoot Landing, and Carolina Opry have been the most popular attractions lately with more to come in the future.

Myrtle Beach is also fast becoming a sports tourism area attracting, basketball, softball, baseball, lacrosse, and soccer teams from across the country to compete and vacation in Myrtle Beach, SC.

Where is the unit positioned in the complex?  Corner unit, upper floor? lower floor, Is there an elevator?? Each building has its own characteristics which will influence the potential return on investment.

Also, the vacation rental company will make a huge difference on you return on investment. What is the commission rate? How many units does the management company manage? Typically the larger management companies do not get the premium rates and do not clean units very well. They also charge higher commissions for less personal service.

Century 21 Coastal Lifestyles has been servicing Myrtle Beach Real Estate and North Myrtle Beach along the Grand Strand. We can help you. Contact us today and put our experience to work for you!

Myrtle Beach Real Estate | Century 21 Coastal Lifestyles trusted real estate professional services for over 40 yours. We know Myrtle Beach real estate. Coastal Lifestyle Vacations, LLC can help you manage your vacation property once Century 21 Coastal Lifestyles helps you with your purchase. Myrtle Beach vacations are rated at the top of the list with Homeaway, Flipkey, Yahoo! Travel, and other major travel service providers.

 

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Myrtle Beach Real Estate Area Foreclosures

Myrtle Beach Real Estate area foreclosures and North Myrtle Beach foreclosures can be a fantastic real estate purchase for buying investment property, second home, vacation rental, or for some, permanent residence. Century 21 Coastal Lifestyles provides expert real estate services and advice to help you find the right home or condo, and work to get your property closed.

Whether you are considering an oceanfront condo for sale or your next home to reside, we can help you make the choice of buying a Myrtle Beach real estate foreclosure and what to expect along the way.

Here are the basic things to know before delving into the foreclosure real estate arena:

  1. Obtain a pre-approval letter from your lender or a proof of funds letter from your bank.
  2. Be prepared to make an offer as these properties do not last long on the market.
  3. Understand that many properties receive multiple offers.
  4. Banks typically will review offers within a fews days, but do not be surprised if it takes a few weeks depending upon the demand and internal resources available.

Century 21 Coastal Lifestyles has been providing trusted real estate professional services for over 40 yours. We know Myrtle Beach area real estate.  We can help you. Contact us today and put our experience to work for you!

Check out the most recent foreclosure listings.

 

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Myrtle Beach Real Estate Market Report July 2014

Myrtle Beach Real Estate Market Report July 2014Grand Strand Map 7 2014

Source: CCAR

Housing seemed to have a slow start to the spring selling season, but have been on a steady increase since then.

Inventory is slowly rising in some areas.

Activity is picking up pace.

*June SFR Pending Sales in the Coastal Carolinas region were up 34.4% and 5.2% for Condos.

*The SFR price range with the largest gain in sales was the $200,001 to $250,000 range, where they increased 21%.

*Median Sales Price up 7.2% for SFR and 4.5 for Condos

*Closed SFR sales in in region up nearly 6% overall

*The price range that tended to sell the quickest was the $150,000 and Below range at 152 days

*2014 Grand Strand SFR Activity Map on Right.

June 2014 Report

Research powered by Site Tech Systems

Single Family Residential (SFR) soar in June … up 6.0% for the full year ; Condo sales continue to lag behind prior year
level; SFR and Condo Sales Prices in 2014 remain strong.

In June, SFR sales were up 11.5% from prior year levels. Year to date (YTD) SFR sales were up 6.0% with 2013 performance. SFR inventory
continues to grow and is up 6.4% from prior year levels and remains at its highest level since 2010. Distressed SFR inventory continues to
decline and is 23.8% below prior year levels. SFR median sales price
remain strong at $193,929 in June and remains up 5.1% in 2014.

Condo sales continue to show year over year weakness. In June, condo sales were down 2.4% as compared to June 2013 levels and YTD 2014
sales are off 4.4%. Condo inventory remains up 4.5% to 2013 levels. Condo inventory is in line with last month’s inventory and it is expected
that condo inventory has reached its peak and should begin its seasonal decline for the balance of year. The condo distressed inventory declined for the 27th consecutive month and is 46.5% below its 2013 level. June’s median sales price remained strong at $119,900. YTD, Condo median sales prices are up 3.7% to 2013 levels.

Resident1al lot sales in June were down 25.5% from 2013 levels. Offsettng a decline in volume., the median sales price for resident1al lots is up 28.2% from 2013.

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Oceanfront Briarcliffe Acres Homes for Sale

Briarcliffe AcresBriarcliffe Acres Real Estate

Beautifully located in Myrtle Beach, South Carolina, Briarcliffe Acres has a lot to offer any family that calls it “home.” Whether you’re a family that’s on the go, or one looking for a place to settle down for retirement, or a vacationer looking for that second home, this neighborhood has what it takes to meet your needs.

With styles ranging from ranch to ritzy, cozy to contemporary, and modern to Mediterranean, Briarcliffe will certainly have a home to suit your taste. Whether you’re looking for a split-level, a one or a two-story, or the standard ranch style, this is the community for you.

The neighborhood of Briarcliffe Acres offers a cabana on the ocean and gated, private parking on the beach. Enjoy the sun and sea any day of the year as you take pride in living in this waterfront community!

Enjoy being part of The Grand Strand of Myrtle Beach, South Carolina! Whether your game is golf, or your pride is found on the water, you’ll find your time filled with enjoyment, sunshine, and satisfaction. Take a quick drive to the famous Barefoot Landing, or enjoy a night on the town at one of the many “Best Of” shows on The Strand!

Briarclieffe Acres Features

  • Number of homes in Briarcliffe Acres: 200
  • Home square footage ranges from 1,500 to 8,000 sq.ft.
  • Neighborhood approximately 8 minutes from downtown.
  • Neighborhood located north of downtown.
  • Neighborhood Association.
  • Rural Neighborhood.
  • Oceanfront or Gulf-front.
  • Near a Pond, Lake, River, or Ocean.

 

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Waterfall Homes for Sale North Myrtle Beach Area

Waterfall HomeWaterfall Real Estate

Waterfall is a luxurious community just off of Rt. 90 in Longs, bordering North Myrtle Beach, SC.  Many homes surround the fish filled lake. This is a gated community that is away from the noise of the beach.

Not only does Waterfall feature a beautiful fish filled lake but they also will offer a neighborhood pool and a clubhouse for activities. A 10 minute drive to the beach, Ocean Drive, new sports complex, and attractions.

The homes in Waterway offer the high end of living in the area. The incredible designs offered are absolutely…incredible. Gated back yards with or without a pool, your choice. Have one of their signature waterfalls built on the back block fence. This is luxury at it’s finest.

 

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Verandas North Myrtle Beach Real Estate for Sale – Oceanfront

Verandas North Myrtle Beach Real Estate for Sale – Oceanfrontvreanda balcony view

The Verandas offers three and four bedroom plans that are very spacious and all are oceanfront. There is only a short walk to the ‘Shag’ district of downtown North Myrtle Beach.

The Verandas offers a lazy river, pool and jacuzzi. Oceanviews and ocean breezes make your Myrtle Beach wishes come true. The interior of these units vary from unit to unit but the quality is always high.

Only five blocks away from Main Street in North Myrtle Beach, the Verandas is in the heart of Shag country. As one of the newer resorts in the area, the Verandas has a wide range of amenities that will keep everyone occupied. Being in the main section of North Myrtle Beach, it is very easy to get to all types of activities.

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Seaside Plantation North Myrtle Beach Homes for Sale

Seaside Plantation Real Estate – North Myrtle Beach Homes for Saleseaside plantation back porch

Seaside Plantation is a gated community near the ocean in the ocean drive section of North Myrtle Beach. The main gate is near the corner of Hillside Ave. and 8th Ave. North.

Just a few steps to the beach, the community boasts a swimming pool, heated spa, putting green, club house, several lakes and water features throughout.

Seaside Plantation has 162 home sites. 

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Grande Dunes Homes for Sale Myrtle Beach SC

ocean-club-grande-dunesGrande Dunes Real Estate Myrtle Beach SC

Few places along the eastern seaboard can match the instantaneous appeal of Grande Dunes in Myrtle Beach, South Carolina. A community of striking natural beauty, enhanced by lush golf greens and fairways, Grande Dunes offers properties that span the shorelines of both the Atlantic and Intracoastal Waterway, and a lifestyle that can be as relaxed or as active as you want it to be.

Distinguished in its celebration of nature and design, Grande Dunes incorporates the classic elegance of Mediterranean architecture into a landscape of pines, oaks and sparkling waters. With some of South Carolina’s best vistas as a back-drop, a superb array of residential opportunities is showcased from single-family homes and luxurious villas to oceanfront condominiums, all benefiting from the community’s resort-style amenities and wealth of recreational excitement.

For those seeking a maintenance-free lifestyle, two of the newer neighbor-hoods in Grande Dunes offer blissful villa living: Villa Firenze, offering elegant and spacious golf villas, and Villa Marbella on the Intracoastal Waterway, golf course, clubhouse and Tennis & Fitness Center. As with all of the unique and scenic residential areas within Grande Dunes, a commitment to excellence in design and a keen appreciation for every resident’s lifestyle is apparent.

Singular in elegance and location too is the new Intracoastal neighborhood of Bal Harbor which will be home to some of Grande Dunes’ most magnificent custom homes. With only 49 homesites available, Bal Harbor is destined to become not only a community of distinction, but a destination in itself for homeowners.

Amidst all of these exceptional residences and amenities is the social centerpiece of Grande Dunes, the recently opened Ocean Club. A majestic 25,000-square foot, multilevel facility, the Ocean Club combines the ease and graciousness of a Riviera resort with a full range of modern conveniences. The beachfront location allows magnificent views from nearly all of its richly appointed dining rooms and lounges, and its covered verandas and lagoon-style pool invite many open-air gatherings for residents and guests alike.

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Cherry Grove North Myrtle Beach Homes for Sale

DSC_0968Cherry Grove North Myrtle Beach Homes for Sale –

Cherry Grove located in North Myrtle Beach SC features channel homes, Oceanfront Vacation Condos, and Beach Houses for vacation rental or investment real estate sales.

Cherry Grove is located at the most northern tip of North Myrtle Beach. Cherry Grove offers homes on the ocean, on the waterway, on the channel and within walking distance to the beach.Cherry Grove features a public boat ramp, a fishing pier at the end of 53rd Ave. North.

The Cherry Grove pier at 20th Ave. North draws fishermen from all over. This pier reaches 985 feet out into the ocean and offers great panoramic views of the Atlantic. This area is a mixture of the young and the old raised beach homes. From the cozy beach cotteges of yester-year to the modern lavish three story homes, Cherry Grove has the old time feeling of vacations gone by as well as the excitement of new.

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Waterfront at Briarcliffe North Myrtle Beach

briarcliffeWaterfront at Briarcliffe Commons Real Estate

North Myrtle Beach Real Estate – The Waterfront at Briarcliffe Commons can be found by taking the road next to Fuddruckers in Briarcliffe called Commons Blvd. This hidden gem is made up of 4-story buildings that offer some two-bedroom units but mostly three-bedroom units.

The well kept grounds, wonderful pool and great waterway views (offers great fishing) calms the soul. Only a few years old, these units are large and have nice long balconies.

Braiarclifee Acres located oceanfront provides exclusivity to the small community of wealth. See oceanfront homes and waterfront condo listings.