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For sale by owner
  • $40,000

    5001 Little River Rd, Myrtle Beach, SC 29577

    1beds
    703sqft
    Condo
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $57/sqft
    $1,659/mo HOA

    What's special

    Peaceful pondOutdoor poolPrivate balconyBeautifully maintained groundsLandscaped groundsGarbage disposalUpdated kitchen lighting
    Pond-View 1-Bedroom Condo in a 55+ Myrtle Beach Community — $40,000 Enjoy simple, affordable coastal living in this 703-square-foot, one-bedroom, one-bathroom condo at Covenant Towers, an active 55+ independent-living community in the heart of Myrtle Beach. Step onto your private balcony and relax while overlooking the peaceful pond and beautifully maintained grounds. The condo is ready for its next owner and features a new dishwasher, garbage disposal, toilet, and updated kitchen lighting, making this an excellent opportunity for someone looking for an easy, low-maintenance move. Although the monthly HOA assessment is $1,659, it covers far more than a traditional HOA fee. The all-inclusive lifestyle includes electricity, water and sewer, cable, internet, one daily meal, free use of the washer and dryer conveniently located down the hall, community activities, security, common-area maintenance, and access to the community’s many amenities. Residents can enjoy the outdoor pool, library, coffee shop, exercise room, activity spaces, landscaped grounds, and opportunities to socialize with neighbors. Conveniently located near the beach, shopping, restaurants, golf, medical services, and everything Myrtle Beach has to offer. This privately owned condo is offered For Sale by Owner for $40,000. Buyers must meet Covenant Towers’ residency and approval requirements. Contact the owner for additional information or to schedule a private showing.
    11 days
    |
    615
    |
    11
    |
    Listed by:

    Property Owner (703) 870-9232

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Heat pump
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Freezer, Garbage disposal, Range / Oven, Refrigerator
      Features
      • Flooring: Laminate
      Interior area
      • Total interior livable area: 703 sqft

      Property

      Parking
      • Parking features: Off-street
      Features
      • Exterior features: Brick
      • Has view: Yes
      • View description: Water
      • Has water view: Yes
      • Water view: Water
      Lot
      • Size: 0.39 Acres
      Details
      • Parcel number: 42116010061

      Construction

      Type & style
      • Home type: Condo
      Materials
      • Frame
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1985

      Community & HOA

      Community
      • Features: Fitness Center, Fifty Five Plus Active Community, On Site Laundry Available
      • Senior community: Yes
      HOA
      • Has HOA: Yes
      • HOA fee: $1,659 monthly
      Location
      • Region: Myrtle Beach

      Financial & listing details

      • Price per square foot: $57/sqft
      • Tax assessed value: $70,000
      • Annual tax amount: $250
      • Date on market: 7/28/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,391/mo

        Price history

        DateEventPrice
        7/29/2026Listed for sale$40,000-44.4%$57/sqft
        Source: Owner Report a problem
        2/23/2024Sold$72,000-4%$102/sqft
        Source: CCAR #2315470 Report a problem
        2/2/2024Listing removed--
        Source: CCAR #2315470 Report a problem
        1/22/2024Contingent$75,000$107/sqft
        Source: CCAR #2315470 Report a problem
        10/4/2023Price change$75,000-2.6%$107/sqft
        Source: CCAR #2315470 Report a problem
        9/18/2023Price change$77,000-26.7%$110/sqft
        Source: CCAR #2315470 Report a problem
        8/4/2023Listed for sale$105,000-41.7%$149/sqft
        Source: CCAR #2315470 Report a problem
        7/27/2007Sold$180,000+80.9%$256/sqft
        Source: Public Record Report a problem
        7/13/2004Sold$99,500$142/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$250 +19.6%$70,000 +19.7%
        2024$209 $58,483 +13%
        2023-- $51,750
        2022$6 +12.2%$51,750
        2021$6 +3.1%--
        2020$6 --
        2019-- --
        2018-- $1,800 -61.9%
        2017-- $4,725
        2016-- $4,725 +162.5%
        2015-- $1,800 +7.1%
        2014-- $1,680
        2013-- --
        2012-- --
        2010-- $7,000 +19%
        2009-- $5,880
        2008-- $5,880 +17.6%
        2007-- $5,000 -39.1%
        2005-- $8,216 +109.6%
        2004$689 -4.2%$3,920 -4.2%
        2003$719 $4,092
        2002-- --
        2001-- --
        2000-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 29577

        Getting around

        33 / 100
        Car-Dependent
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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