Affordable oceanfront condo resorts offer enticing opportunities for both lifestyle and investment. However, the presence of homeowner association (HOA) special assessments adds a layer of complexity to ownership. This overview delves into the intricacies of HOA special assessments at such resorts, examining their types, implications, and strategies for prospective buyers. Understanding these dynamics is key to navigating the nuances of coastal condominium ownership effectively and preserving your profit.

There are different types of homeowner association special assessments. First, There are special assessments that impact the resort as a whole so every owner at a resort must pay for the special assessment. Next, there are special assessments that impact the resort as a whole but are charged based on unit bedroom-type as a percentage of the overall special assessment cost. Finally, there are special assessments for multiple building resorts that will only impact the owners of a particular building.

Special Assessments that Impact the Resort as a Whole.

If the HOA issued a special assessment to cover insurance cost increases, every owner is going to have to pay the special assessment for the increased insurance premiums. This is impacting all the owners as a whole.

For example, let’s say that insurance costs are increasing by $54,000.00 at a resort that has 54 units. The owner of each unit can most likely expect a $1,000 special assessment fee to cover the $54,000.00 increase in insurance cost that the resort experiences as a whole.  

Special Assessments Charged as a Percentage of Unit Bedroom-Type

There are special assessments that impact the resort as a whole but are charged based on unit bedroom-type as a percentage of the overall special assessment cost.

For example, plumbing pipes that need to be replaced. In my experience, the cost of a special assessment like this relates specifically to the unit bedroom-type. If you have a 1-bedroom unit, you’re going to get charged a lower fee than an owner of a 2-bedroom unit. If you have a 2-bedroom, your fee will be lower than the owner of a 3-bedroom. If you have a 3-bedroom, your fee will be lower than the owner of a 4-bedroom unit for these special assessment repairs.

In a hypothetical example, a 1 bedroom might pay $3,000 for plumbing repairs, as where a 2 bedroom might pay $5,000, a 3 bedroom might pay $7,000 and a 4 bedroom pay $9,000.

Another Example Based on Fixing Foundation Repairs.

In my experience, Special Assessment fees can also be split across every bedroom-type unit at a specific percentage. Let’s say there were foundation issues that needed repair at an Oceanfront Resort.

If there’s an overall special assessment fee of $200,000 that needs to be paid, then smaller units pay less, and the larger your unit, the more you pay for the special assessment. For example, a 1 bedroom pays a special assessment of $20,000 at 10% of the overall special assessment cost, a 2 bedroom pays a special assessment of $40,000 at 20% of the overall special assessment cost, a 3 bedroom pays $60,000 at 30% of the overall special assessment cost, and a 4 bedroom pays $80,000 at 40% of the overall special assessment cost.

Now, these numbers are reduced significantly based on the total number of each bedroom-type unit at the Oceanfront Condo Resort. For example, if there are 20, 1-bedroom units at your Oceanfront Resort, then the 10% of the total cost for the special assessment for 1 bedroom foundation repairs at $20,000 is now allocated across all 20 units reducing the fee each owner pays to only $1,000. Thus, 1-bedroom owners pay a special assessment fee of $1,000. Similarly, if there are 20, 2-bedroom units at your oceanfront resort, then the 20% of the total cost for the special assessment for 2-bedroom foundation repairs at $40,000 is now allocated across all 20 units reducing the fee each owner pays to only $2,000. Thus, 2-bedroom owners pay a special assessment fee of $2,000. This process is repeated—respectively—for all bedroom-unit types.

Special Assessments for Multiple Building Resorts.

If you’re in a resort with multiple buildings and the building that you live in does not have issues that need repairs, but a different building does need repairs, you’re most likely not going to be charged for fixing the other owners’ building. It doesn’t make much sense that you’d pay fees to repair a building that someone else lives in. However, every HOA is different and these facts must be confirmed.

Generally, multiple building resorts will only share expenses on things that mutually benefit them.

They will share expenses for things like:  

·      Shared marketing

·      Landscaping for entire community

·      Shared amenities

3 Tips to Beat Special Assessments When Buying an Oceanfront Condo

Tip #1. Have your Broker check the master deed to determine if special assessments for repairs taking place at other buildings will be charged to all owners at the oceanfront resort or just the owners at that particular building.

Tip #2. Sometimes special assessments will be mentioned in the HOA meeting minutes or Budgets but not be determined yet. If no determination has been made, have your closing attorney send a letter to the HOA asking for an outlay of the estimated fees or even a range of what the fees could be so that you’re an informed investor and not buying blind to the upcoming special assessment fees.

Tip #3. Have your broker ask how many contractor quotes the HOA received before moving forward with the more recent projects that resulted in special assessments. You want to make sure the board is doing their due diligence rather than just simply trying to get things done.

The presence of homeowner association (HOA) special assessments in affordable oceanfront condo resorts raises concerns about equitable cost distribution among owners. These assessments can vary based on factors such as unit size and resort-wide needs. While some special assessments impact all owners uniformly, others are proportionate to unit types, potentially burdening owners of larger units. Moreover, multi-building resorts may impose assessments differently, necessitating careful examination. To mitigate risks, prospective buyers should scrutinize HOA documents, anticipate potential assessments, and assess the board's decision-making process.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

What is a Special Assessment?

Special assessments at oceanfront condo resorts are additional fees or charges levied by the condominium association on condo owners to cover unexpected expenses or fund major projects related to the upkeep, maintenance, or improvement of the resort property. These assessments are typically imposed when the regular HOA fees or reserve funds are insufficient to cover the costs of necessary repairs, renovations, or other significant expenditures.

At oceanfront condo resorts, special assessments may be particularly common due to the unique challenges and expenses associated with maintaining properties located near the coast. Factors such as exposure to saltwater, wind, and storms can result in accelerated wear and tear on buildings, infrastructure, and amenities, necessitating periodic repairs or upgrades.

Special assessments are typically one-time charges and are separate from regular property taxes or monthly HOA fees. They are often necessary when unexpected expenses arise or when planned projects exceed the funds available in the association's reserves.

Special assessments are typically divided among all property owners within the affected community based on factors such as property value or square footage. They are considered legally binding obligations, and property owners are required to pay them within the specified timeframe determined by the governing authority. Failure to pay a special assessment can lead to penalties, liens on the property, or legal action by the association or government entity.

Common Reasons for Special Assessments at Oceanfront Condo Resorts.

    Hurricane or storm damage: If a hurricane or severe storm damages the resort property, extensive repairs may be required to restore buildings, landscaping, and other amenities.

    Building maintenance: Condo associations may need to undertake major maintenance projects, such as repairing or replacing roofs, windows, balconies, or building exteriors to ensure the structural integrity and safety of the buildings.

    Infrastructure upgrades: Upgrading utilities, such as plumbing, electrical systems, or elevators, may be necessary to meet current safety codes or enhance the comfort and convenience of residents.

    Beach erosion control: Oceanfront properties are susceptible to beach erosion, requiring measures such as beach renourishment or installation of seawalls to protect the coastline and preserve property values.

    Amenities enhancement: Condo associations may decide to invest in upgrading, repairing, or adding amenities such as pools, spas, fitness centers, or recreational areas to enhance the overall experience for residents and attract potential buyers or renters.

Special Assessments can also be for addressing legal matters or lawsuits that involve the community.

In South Carolina, if you fail to pay your assessments to a Homeowners Association (HOA) or Condominium Owners Association (COA), they have the authority to foreclose on your home. This foreclosure can occur independently of whether you are current on your mortgage payments.

For more information: Click Here.

It's important for condo owners to be aware of the potential for special assessments when purchasing property in oceanfront condo resorts and to budget accordingly for these additional expenses. Failure to pay special assessments can result in penalties, liens on the property, or other legal actions by the condominium association. Additionally, prospective buyers should carefully review the financial health and reserve funds of the condo association to assess the likelihood of future special assessments.

4 Tips to Beat Special Assessments When Buying an Oceanfront Condo

Tip #1. Always have your Broker check the most recent HOA Budget for their current reserves so that you best understand the financial position of the HOA and can determine how they’ll weather the upcoming years.

Tip #2. Longer established HOAs might be better positioned to weather upcoming years because they have established higher reserves as when compared to younger HOAs. Have your Broker identify older buildings that have been well maintained with little ownership turnover. If there’s little turnover, most likely the HOA is sharp and owners love it because the HOA is providing a great value to the owners.

Tip #3.  Have your Broker check several years’ worth of HOA meeting minutes so that you can identify any patterns of regularly increasing HOA Dues or continual special assessments. You don’t want to buy into a resort that has historically increased their HOA dues every year for the past 5 years because more than likely, they’re continue increasing HOA dues into future years, eating into your profits.   

Tip #4. Have your Broker confirm that the more recent special assessment projects have been completed during the off-season months and not during the peak season. This is one way to test the mindset of your HOA to make sure that they’re aiming to not disturb the resort and your guests stay during the resort’s busiest time of year. You want an HOA that’s considering your bottom-line when doing projects to at the resort.

How Special Assessment Help You Win!

The better maintained your property, the more tourists you should attract and keep. You want an HOA that has a healthy mindset towards maintaining the resort to keep attracting tourists but not go overboard with excessive projects that don’t add value to your resort.

When done well, Special Assessments can help to increase your occupancy rates, give a great experience to your guests, and turn your loyal guests into repeat business, year-after-year.   

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

Ranked #1 on Expedia.com for the Top 5 Oceanfront Resorts in Myrtle Beach, SC

Holiday Pavilion Resort on the Boardwalk

1200 N Ocean Blvd, Myrtle Beach, SC, 29577-3757

Ranked 8.2/10

1188 online reviews

Popular amenities

Children's pool, Gym, Indoor pool, Lazy river, Outdoor pool, Spa tub, Bar/lounge, Coffee Shop/cafe, Poolside bar, Barbecue grill, Picnic area, Extra beds/cribs

Reviewer said, “Great location on the beach. Heated pool which grandkids enjoyed. Good eats near by. Great hotel for families.”

Investing at Holiday Pavilion Resort on the Boardwalk

For those interested in buying a unit at Holiday Pavilion Resort on the Boardwalk, units range from Efficiency to 1-bedrooms, having between 358 to 1,150 heated square feet, and come as both oceanview and oceanfront units.  

Efficiency Units

The average sold price of an oceanfront Efficiency unit in 2023 was $223,300 while the oceanview Efficiency sold at an average price of $199,000 in 2023.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $220,000 while the oceanview 1-bedroom sold at an average price of $165,000 in 2023.

Gross Rental Income (2023)

Efficiency Units

An Efficiency Oceanfront unit has a Gross Rental Income in 2023 of $32,400. However, similar units average $45,000 per year on the onsite program.

For a cash buyer, the estimated operating expense of an Efficiency oceanfront unit is  $22,708.70, this provides a projected profitability of $22,291.30.

For a buyer using financing, the estimated operating expense of an Efficiency oceanfront unit is $36,184.70, this provides a projected profitability of $8,815.30.

The Average Efficiency Oceanfront Unit provides a depreciation of as much as $6,181.82, and over the past decade appreciated by $75,208, an 74% increase in appreciated value.

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2022 of $37,813.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $23,899.43, this provides a projected profitability of $13,913.57.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $40,123.43, this provides a projected loss of $2,310.43.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $7,450.91, and over the past decade appreciated by $98,000, an 80% increase in appreciated value.

Source: Click Here.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

Ranked #2 on Expedia.com for the Top 5 Oceanfront Resorts in Myrtle Beach, SC

Sandy Beach Oceanfront Resort

201 South Ocean Blvd., Myrtle Beach, SC, 29577

Ranked 8.2/10 

1,402 online reviews

Popular amenities

2 indoor pools, 2 outdoor pools, Children's pool, Gym, Lazy river, Barbecue grill, On the beach, Picnic area, Pool loungers

Guest reviews speak well of the family-friendly amenities, beach locale, and pool. One reviewer said, “Very nice view of the ocean, nice pools, house keeping great!” 

Investing at Sandy Beach Oceanfront Resort

For those interested in buying a unit at Sandy Beach Oceanfront Resort, units range from 1-bedroom to 3 bedrooms, having between 450 to 1,500 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average price of an oceanfront 1-bedroom unit in 2023 was $230,242 while the oceanview 1-bedroom sold at an average price of $215,500.

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2022 was  $375,000 while the oceanview 2-bedroom sold at an average price of  $425,000.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2023 was   $524,500 while the oceanview 3-bedroom sold at an average price of $532,500.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $42,345.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $18,353.47, this provides a projected profitability of $23,991.53.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $37,241.47, this provides a projected profitability of $5,103.53.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $8,676.36, and over the past decade appreciated by $105,326, an 84% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $38,000.00.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is $26,465.09, this provides a projected profitability of $11,534.91.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $60,641.09, this provides a projected loss of $22,641.09.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $15,696.91, and over the past 9 years appreciated by $270,000, an 169% increase in appreciated value.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2022 of $49,970.

For a cash buyer, the estimated operating expense of a 3-bedroom oceanfront unit is $31,348.21, this provides a projected profitability of $18,621.79.

For a buyer using financing, the estimated operating expense of a 3-bedroom oceanfront unit is $70,936.21, this provides a projected loss of $20,966.21.

The Average 3-bedroom Oceanfront Unit provides a depreciation of as much as $18,181.82, and over the past 8-years appreciated by $273,500, a 109% increase in appreciated value.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

Ranked #3 on Expedia.com for the Top 5 Oceanfront Resorts in Myrtle Beach, SC

Holiday Sands South Resort (Our Pick)

2411 South Ocean Boulevard, Myrtle Beach, SC, 29577

Ranked 8.6/10

3 online reviews. 

Popular amenities

Indoor Pool, Outdoor Pool, Parking included, Free WiFi, Gym

One reviewer said, “It’s in a perfect location. You could walk to most anything. Staff was friendly. Will definitely come again next summer.”

Investing at Holiday Sands Resort

For those interested in buying a unit at Holiday Sands Resort, units range from 1-bedroom to 2-bedrooms, having between 500 to 1,150 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $223,300 while the oceanview 1-bedroom sold at an average price of $199,000 in 2022 (No Oceanview units sold during 2023).

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2023 was $296,250 while the oceanview 2-bedroom sold at an average price of $309,000.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $28,600.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is  $15,719.89, this provides a projected profitability of $12,880.11.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $33,635.89, this provides a projected loss of $5,035.89.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $8,228.62, and over the past decade appreciated by $131,647, an 144% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $38,000.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is  $21,803.99, this provides a projected profitability of $16,196.01.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $46,871.99, this provides a projected loss of  $8,871.99.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $11,512.73, and over the past 9 years appreciated by $160,125, an 118% increase in appreciated value.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

Ranked #4 on Expedia.com for the Top 5 Oceanfront Resorts in Myrtle Beach, SC

Oceans One Resort

102 South Ocean Boulevard, Myrtle Beach, SC, 29577

Ranked 7.8/10

1001 online reviews

Popular amenities

2 spa tubs, Children's pool, Gym, Indoor pool, Lazy river, Outdoor pool, TV in common areas, On the beach, On the water, Terrace

One Reviewer said, “Really nice and spacious rooms. Loved the 2 separate balconies. Rooms are up to date.”

Investing at Oceans One Resort

For those interested in buying a unit at Oceans One Resort, units range from 1-bedroom to 3-bedrooms, having between 550 to 1,350 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $267,966 while the oceanview 1-bedroom sold at an average price of $274,900.  

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2022 was $420,069 while the oceanview 2-bedroom sold at an average price of $426,225 in 2023.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2023 was $510,000.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $34,740.79.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $19,953.80, this provides a projected profitability of $14,786.99.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $44,709.80, this provides a projected loss of $9,969.01.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $11,024.22, and over the past decade appreciated by $105,386, an 65% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $69,432.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is $32,856.18, this provides a projected profitability of $36,575.82.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $69,672.18, this provides a projected loss of $240.18.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $16,908.18, and over the past 9 years appreciated by $132,569, an 46% increase in appreciated value.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $59,953.42.

For a cash buyer, the estimated operating expense of a 3-bedroom oceanfront unit is $43,057.24, this provides a projected profitability of $16,896.18.

For a buyer using financing, the estimated operating expense of a 3-bedroom oceanfront unit is $84,937.24, this provides a projected loss of $24,983.82.

The Average 3-bedroom Oceanfront Unit provides a depreciation of as much as $19,236.36, and over the past 8-years appreciated by $255,634, a 100% increase in appreciated value.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

In the realm of Oceanfront Condo investment, navigating through the ebbs and flows of the market is an inherent aspect of ownership. Markets rise and fall, presenting both opportunities and risks. However, proactive strategies can be employed to mitigate these risks and enhance the potential for long-term success.

One fundamental approach to risk reduction lies in fostering a loyal and repeat clientele base. Picture this scenario: amidst economic downturns when individuals are tightening their belts, your Oceanfront Condo stands out as a beacon of value and quality in their vacation plans. By cultivating a culture of exceptional service and memorable experiences, you transform guests into raving fans who return year after year, regardless of economic fluctuations. This loyalty acts as a buffer, shielding your investment from the full impact of market downturns.

Yet, the question arises: how many properties should one invest in to strike the right balance between risk and reward? While purchasing multiple condos may seem like a recipe for increased exposure, it actually presents a savvy strategy for risk diversification.

Let's delve deeper into this concept: imagine investing in six condos instead of a single unit. While this may initially seem daunting, it affords you the power of diversification. By spreading your investment across multiple properties, you inherently hedge against potential downturns.

Consider this scenario: if two units underperform, but three exceed expectations, your overall returns may still remain favorable. In contrast, if you had invested the same amount in a single property that experiences setbacks, your financial outlook would be far bleaker.

Diversification is akin to spreading your eggs across multiple baskets. While a single setback can be detrimental when all your resources are concentrated in one Oceanfront Condo, the impact is significantly mitigated when your investments are distributed across several Oceanfront Condos. Even in adverse market conditions, a diversified portfolio offers a greater chance of weathering the storm and emerging stronger on the other side.

In conclusion, while real estate investment inherently involves risks, strategic approaches such as fostering customer loyalty and embracing diversification can mitigate these risks and pave the way for sustained success. By adopting these principles, investors can navigate the complexities of the market with confidence, maximizing returns while minimizing exposure to potential downturns.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

Ranked #5 on Expedia.com for the Top 5 Oceanfront Resorts in Myrtle Beach, SC

Caribbean Resort & Villas

Located at 3000 North Ocean Blvd, Myrtle Beach, SC, 29577

Ranked 7.4/10 By Expedia

1,210 online reviews

Popular amenities

2 indoor pools, 5 outdoor pools, Arcade/game room, Children's pool, Free water park, Full-service spa, Gym, Lazy river, Spa tub, Waterslide, On the beach, Pool loungers, Terrace

One Reviewer said, “Clean facility and friendly staff.”

Investing at Caribbean Resort & Villas

For those interested in buying a unit at Caribbean Resort & Villas, units range from 1-bedroom to 4-bedrooms, having between 400 to 1,760 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $232,543 while the oceanview 1-bedroom sold at an average price of $237,600.  

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2023 was  $378,000 while the oceanview 2-bedroom sold at an average price of  $396,000.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2023 was  $496,100 while the oceanview 3-bedroom sold at an average price of  $452,416 in 2022.

4-Bedroom Units

The average price of an oceanfront/view 4-bedroom unit in 2023 was  $605,000 while that same unit sold at an average price of  $540,000 in 2022.

Gross Rental Income

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $33,418.72.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $16,955.69, this provides a projected profitability of $16,463.03.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $35,807.69, this provides a projected loss of $2,388.97.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $8,658.29, and over the past decade appreciated by $109,135, an 88% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $45,556.60.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is $27,281.22, this provides a projected profitability of $18,275.38.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $56,837.22, this provides a projected loss of $11,280.62.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $13,745.45, and over the past decade appreciated by $183,000, an 94% increase in appreciated value.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $58,925.

For a cash buyer, the estimated operating expense of a 3-bedroom oceanfront unit is $39,249.86, this provides a projected profitability of $19,675.14.

For a buyer using financing, the estimated operating expense of a 3-bedroom oceanfront unit is $75,189.86, this provides a projected loss of $16,264.86.

The Average 3-bedroom Oceanfront Unit provides a depreciation of as much as $16,602.40, and over the past decade appreciated by $177,082, an 56% increase in appreciated value.

4-Bedroom Units

A 4-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $98,458.

For a cash buyer, the estimated operating expense of a 4-bedroom oceanfront unit is $46,854.27, this provides a projected profitability of $51,603.73.

For a buyer using financing, the estimated operating expense of a 4-bedroom oceanfront unit is $94,158.27, this provides a projected profitability of $4,299.73.

The Average 4-bedroom Oceanfront Unit provides a depreciation of as much as $22,000.00, and over the past decade appreciated by $235,000, an 64% increase in appreciated value.

Coming in at #5 on the List,

Caravelle Resort

6900 North Ocean Boulevard, Myrtle Beach SC , Myrtle Beach, SC 29577

Ranked 9.2/10

One reviewer said, “The location was amazing, a few steps from the beach and a short drive to the city! The property was fully equipped with everything you may need and the amenities were spectacular! Clean, comfortable, and the host was amazing!”

Investing at Caravelle Resort

For those interested in buying a unit at Caravelle Resort, units primarily range from efficiency to 1-bedroom, having between 340 to 1,112 heated square feet, and come as both oceanview and oceanfront units. 

Efficiency Units

The average price of an oceanfront efficiency unit in 2023 was $158,285 while the oceanview efficiency sold at an average price of $155,000.

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $199,657 while the oceanview 1-bedroom sold at an average price of $203,580.  

Gross Rental Income (2023)

Efficiency Units

An efficiency Oceanfront unit has a Gross Rental Income in 2023 of $23,467.

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $30,549.

Coming in at #4 on the List,

Oceans One Resort

102 South Ocean Boulevard, Myrtle Beach, SC 29577

Ranked 9.8/10

9 online reviews

One reviewer said, “The location of the property and the size of the apartment. The view was really nice as well. Each bedroom had its own bathroom.”

Rates vary by season but are advertised starting at $199 per night.

Popular amenities

2 spa tubs, Children's pool, Gym, Indoor pool, Lazy river, Outdoor pool, TV in common areas, On the beach, On the water, Terrace

One Reviewer said, “The location of the property and the size of the apartment. The view was really nice as well. Each bedroom had its own bathroom.”

Investing at Oceans One Resort

For those interested in buying a unit at Oceans One Resort, units range from 1-bedroom to 3-bedrooms, having between 550 to 1,350 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $267,966 while the oceanview 1-bedroom sold at an average price of $274,900.  

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2022 was $420,069 while the oceanview 2-bedroom sold at an average price of $426,225 in 2023.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2022 was $420,069 while the oceanview 3-bedroom sold at an average price of $426,225 in 2023.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $34,740.79.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $69,432.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $59,953.42.

Coming in at #3 on the List,

The Oceans

2500 North Ocean Boulevard, North Myrtle Beach, Myrtle Beach, SC

Ranked 9.4

5 online reviews

Rates vary by season but are advertised starting at $245 per night.

Popular amenities

Outdoor Pool, Beachfront, Free parking, Free WiFi, BBQ facilities, Elevator, Air conditioning, Heating.

One Reviewer said, “This was a great condo.  It has everything you need and nice size.  Walking distance to restaurants, shopping and entertainment.”

Investing at The Oceans Resort

For those interested in buying a unit at The Oceans Resort, units range from 1-bedroom to 2-bedrooms, having between 700 to 1,250 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average price of an oceanfront 1-bedroom unit in 2023 was $292,150 while the oceanview 1-bedroom sold at an average price of $293,000.

2-Bedroom Units

The average price of an oceanfront and oceanview 2-bedroom unit in 2023 was $383,500.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2022 of $26,134.78

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2022 of 62,769.

Coming in at #2 on the List,

Seawatch Resort

161 Seawatch Drive #512 South Tower, Myrtle Beach, SC 29572

Ranked 10/10

8 online reviews

Rates vary by season but are advertised starting at $267.60 per night.

Popular amenities

3 swimming pools, Beachfront, Free parking, Free WiFi, Non-smoking rooms, Restaurant, Bar, Elevator, Air conditioning, Private beach area

One Reviewer said, ““Such a beautiful place to stay for 2 definitely would want to come back to this resort”

Investing at Seawatch Resort

For those interested in buying a unit at Seawatch Resort, units range from 1-bedroom to 3-bedrooms, having between 400 to 1300 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average price of an oceanfront 1-bedroom unit in 2023 was $296,800 while the oceanview 1-bedroom sold at an average price of  $312,500.

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2022 was   $423,125 while the oceanview 2-bedroom sold at an average price of $430,000.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2023 was    $595,000 while the oceanview 3-bedroom sold at an average price of $615,000.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $30,092.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $44,773.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2022 of $65,000+/-.

Coming in at #1 on the List,

PELICANS WATCH – Diamond on the Shore

9571 Shore Drive 318, Myrtle Beach, SC 29572

Ranked 9.3 out of 10

6 online reviews

Rates vary by season but are advertised starting at $150 per night.

Popular amenities

Outdoor swimming pool, Free parking, Free WiFi, Non-smoking rooms, Family rooms, BBQ facilities, Elevator, Air conditioning

One reviewer said, “It was affordable and accommodated our bigger families needs. The host communicated well and got back to us quickly. It was clean and nice.” 

Investing at Pelican’s Watch – Diamond on the Shore

For those interested in buying a unit at Pelican’s Watch – Diamond on the Shore, units are primarily 3-bedrooms 2-bathrooms and 1-half bathroom, having between 1000 to 1262 heated square feet, and come as both oceanview and oceanfront units.  

3-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $485,000 while the oceanview 1-bedroom sold at an average price of $340,000.

Gross Rental Income (2023)

3-Bedroom Units

3-bedroom units typically have a Gross Rental Income in 2023 of $25,000-$30,000.

Source: Click Here.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.

Coming in at #5 on the list,

Caribbean Resort & Villas

3000 North Ocean Blvd, Myrtle Beach, SC, 29577

Ranked 7.4/10

1,210 online reviews

Popular amenities

2 indoor pools, 5 outdoor pools, Arcade/game room, Children's pool, Free water park, Full-service spa, Gym, Lazy river, Spa tub, Waterslide, On the beach, Pool loungers, Terrace

One Reviewer said, “Clean facility and friendly staff.”

Investing at Caribbean Resort & Villas

For those interested in buying a unit at Caribbean Resort & Villas, units range from 1-bedroom to 4-bedrooms, having between 400 to 1,760 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was  $232,543 while the oceanview 1-bedroom sold at an average price of $237,600.  

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2023 was  $378,000 while the oceanview 2-bedroom sold at an average price of  $396,000.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2023 was  $496,100 while the oceanview 3-bedroom sold at an average price of  $452,416 in 2022.

4-Bedroom Units

The average price of an oceanfront/view 4-bedroom unit in 2023 was  $605,000 while that same unit sold at an average price of  $540,000 in 2022.

Gross Rental Income

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $33,418.72.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $16,955.69, this provides a projected profitability of $16,463.03.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $35,807.69, this provides a projected loss of $2,388.97.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $8,658.29, and over the past decade appreciated by $109,135, an 88% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $45,556.60.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is  $27,281.22, this provides a projected profitability of $18,275.38.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $56,837.22, this provides a projected loss of $11,280.62.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $13,745.45, and over the past decade appreciated by $183,000, an 94% increase in appreciated value.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $58,925.

For a cash buyer, the estimated operating expense of a 3-bedroom oceanfront unit is $39,249.86, this provides a projected profitability of $19,675.14.

For a buyer using financing, the estimated operating expense of a 3-bedroom oceanfront unit is $75,189.86, this provides a projected loss of $16,264.86.

The Average 3-bedroom Oceanfront Unit provides a depreciation of as much as $16,602.40, and over the past decade appreciated by $177,082, an 56% increase in appreciated value.

4-Bedroom Units

A 4-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $98,458.

For a cash buyer, the estimated operating expense of a 4-bedroom oceanfront unit is $46,854.27, this provides a projected profitability of $51,603.73.

For a buyer using financing, the estimated operating expense of a 4-bedroom oceanfront unit is $94,158.27, this provides a projected profitability of $4,299.73.

The Average 4-bedroom Oceanfront Unit provides a depreciation of as much as $22,000.00, and over the past decade appreciated by $235,000, an 64% increase in appreciated value.

Coming in at #4 on the list,

Oceans One Resort

102 South Ocean Boulevard, Myrtle Beach, SC, 29577

Ranked 7.8/10

1001 online reviews

Popular amenities

2 spa tubs, Children's pool, Gym, Indoor pool, Lazy river, Outdoor pool, TV in common areas, On the beach, On the water, Terrace

One Reviewer said, “Really nice and spacious rooms. Loved the 2 separate balconies. Rooms are up to date.”

Investing at Oceans One Resort

For those interested in buying a unit at Oceans One Resort, units range from 1-bedroom to 3-bedrooms, having between 550 to 1,350 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $267,966 while the oceanview 1-bedroom sold at an average price of $274,900.  

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2022 was $420,069 while the oceanview 2-bedroom sold at an average price of $426,225 in 2023.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2022 was $420,069 while the oceanview 3-bedroom sold at an average price of $426,225 in 2023.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $34,740.79.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $19,953.80, this provides a projected profitability of $14,786.99.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $44,709.80, this provides a projected loss of $9,969.01.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $11,024.22, and over the past decade appreciated by $105,386, an 65% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $69,432.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is $32,856.18, this provides a projected profitability of $36,575.82.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $69,672.18, this provides a projected loss of $240.18.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $16,908.18, and over the past 9 years appreciated by $132,569, an 46% increase in appreciated value.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $59,953.42.

For a cash buyer, the estimated operating expense of a 3-bedroom oceanfront unit is $43,057.24, this provides a projected profitability of $16,896.18.

For a buyer using financing, the estimated operating expense of a 3-bedroom oceanfront unit is $84,937.24, this provides a projected loss of $24,983.82.

The Average 3-bedroom Oceanfront Unit provides a depreciation of as much as $19,236.36, and over the past 8-years appreciated by $255,634, a 100% increase in appreciated value.

Coming in at #3 on the list,

Holiday Sands Resort, Not Holiday Sands North on the Boardwalk

2411 South Ocean Boulevard, Myrtle Beach, SC, 29577

Ranked 8.6/10

3 online reviews. 

Popular amenities

Indoor Pool, Outdoor Pool, Parking included, Free WiFi, Gym

One reviewer said, “It’s in a perfect location. You could walk to most anything. Staff was friendly. Will definitely come again next summer.”

Investing at Holiday Sands Resort

For those interested in buying a unit at Holiday Sands Resort, units range from 1-bedroom to 2-bedrooms, having between 500 to 1,150 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $223,300 while the oceanview 1-bedroom sold at an average price of $199,000 in 2022 (No Oceanview units sold during 2023).

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2023 was $296,250 while the oceanview 2-bedroom sold at an average price of $309,000.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $28,600.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is  $15,719.89, this provides a projected profitability of $12,880.11.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $33,635.89, this provides a projected loss of $5,035.89.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $8,228.62, and over the past decade appreciated by $131,647, an 144% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $38,000.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is  $21,803.99, this provides a projected profitability of $16,196.01.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $46,871.99, this provides a projected loss of  $8,871.99.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $11,512.73, and over the past 9 years appreciated by $160,125, an 118% increase in appreciated value.

Coming in at #2 on the list,

Sandy Beach Oceanfront Resort

201 South Ocean Blvd., Myrtle Beach, SC, 29577

Ranked 8.2/10 

1,402 online reviews

Popular amenities

2 indoor pools, 2 outdoor pools, Children's pool, Gym, Lazy river, Barbecue grill, On the beach, Picnic area, Pool loungers

Guest reviews speak well of the family-friendly amenities, beach locale, and pool. One reviewer said, “Very nice view of the ocean, nice pools, house keeping great!” 

Investing at Sandy Beach Oceanfront Resort

For those interested in buying a unit at Sandy Beach Oceanfront Resort, units range from 1-bedroom to 3 bedrooms, having between 450 to 1,500 heated square feet, and come as both oceanview and oceanfront units.  

1-Bedroom Units

The average price of an oceanfront 1-bedroom unit in 2023 was $230,242 while the oceanview 1-bedroom sold at an average price of $215,500.

2-Bedroom Units

The average price of an oceanfront 2-bedroom unit in 2022 was  $375,000 while the oceanview 2-bedroom sold at an average price of  $425,000.

3-Bedroom Units

The average price of an oceanfront 3-bedroom unit in 2023 was   $524,500 while the oceanview 3-bedroom sold at an average price of $532,500.

Gross Rental Income (2023)

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $42,345.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $18,353.47, this provides a projected profitability of $23,991.53.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $37,241.47, this provides a projected profitability of $5,103.53.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $8,676.36, and over the past decade appreciated by $105,326, an 84% increase in appreciated value.

2-Bedroom Units

A 2-bedroom Oceanfront unit has a Gross Rental Income in 2023 of $38,000.00.

For a cash buyer, the estimated operating expense of a 2-bedroom oceanfront unit is $26,465.09, this provides a projected profitability of $11,534.91.

For a buyer using financing, the estimated operating expense of a 2-bedroom oceanfront unit is $60,641.09, this provides a projected loss of $22,641.09.

The Average 2-bedroom Oceanfront Unit provides a depreciation of as much as $15,696.91, and over the past 9 years appreciated by $270,000, an 169% increase in appreciated value.

3-Bedroom Units

A 3-bedroom Oceanfront unit has a Gross Rental Income in 2022 of $49,970.

For a cash buyer, the estimated operating expense of a 3-bedroom oceanfront unit is $31,348.21, this provides a projected profitability of $18,621.79.

For a buyer using financing, the estimated operating expense of a 3-bedroom oceanfront unit is $70,936.21, this provides a projected loss of $20,966.21.

The Average 3-bedroom Oceanfront Unit provides a depreciation of as much as $18,181.82, and over the past 8-years appreciated by $273,500, a 109% increase in appreciated value.

Coming in at #1 on the list,

Holiday Pavilion Resort on the Boardwalk

1200 N Ocean Blvd, Myrtle Beach, SC, 29577-3757

Ranked 8.2/10

1188 online reviews

Popular amenities

Children's pool, Gym, Indoor pool, Lazy river, Outdoor pool, Spa tub, Bar/lounge, Coffee Shop/cafe, Poolside bar, Barbecue grill, Picnic area, Extra beds/cribs

Reviewer said, “Great location on the beach. Heated pool which grandkids enjoyed. Good eats near by. Great hotel for families.”

Investing at Holiday Sands North On the Boardwalk Resort

For those interested in buying a unit at Holiday Sands North On the Boardwalk Resort, units range from Efficiency to 2-bedrooms, having between 358 to 1,150 heated square feet, and come as both oceanview and oceanfront units.  

Efficiency Units

The average sold price of an oceanfront Efficiency unit in 2023 was $223,300 while the oceanview Efficiency sold at an average price of $199,000 in 2023.  

1-Bedroom Units

The average sold price of an oceanfront 1-bedroom unit in 2023 was $223,300 while the oceanview 1-bedroom sold at an average price of $199,000 in 2022 (No Oceanview units sold during 2023).

Gross Rental Income (2023)

Efficiency Units

An Efficiency Oceanfront unit has a Gross Rental Income in 2023 of $32,400. However, similar units average $45,000 per year on the onsite program.

For a cash buyer, the estimated operating expense of an Efficiency oceanfront unit is  $22,708.70, this provides a projected profitability of $22,291.30.

For a buyer using financing, the estimated operating expense of an Efficiency oceanfront unit is $36,184.70, this provides a projected profitability of $8,815.30.

The Average Efficiency Oceanfront Unit provides a depreciation of as much as $6,181.82, and over the past decade appreciated by $75,208, an 74% increase in appreciated value.

1-Bedroom Units

A 1-bedroom Oceanfront unit has a Gross Rental Income in 2022 of $37,813.

For a cash buyer, the estimated operating expense of a 1-bedroom oceanfront unit is $23,899.43, this provides a projected profitability of $13,913.57.

For a buyer using financing, the estimated operating expense of a 1-bedroom oceanfront unit is $40,123.43, this provides a projected loss of $2,310.43.

The Average 1-bedroom Oceanfront Unit provides a depreciation of as much as $7,450.91, and over the past decade appreciated by $98,000, an 80% increase in appreciated value.

Source: Click Here.

Call today to discuss your next Oceanfront Condo purchase in the Myrtle Beach Real Estate Market: 843-360-1737

Disclaimer: All information given is meant to be educational. I am only passing on historical information shared with me by owners, rental companies, and various publications. I am not guaranteeing these numbers, nor can I guarantee future rentals or appreciation. This information is not intended to replace your own research, or to provide legal, investment, or financial advice. Please consult an attorney for legal advice.