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Sold for $460,000
  • $460,000

    5501 N Ocean Blvd, Myrtle Beach, SC 29577

    3beds
    1,600sqft
    Condo
    Built in 1983
    -- sqft lot
    $449,500 Zestimate®
    $288/sqft
    $2,201 Estimated rent

    Home value

    $449,500

    $414,000 - $485,000

    $2,201/mo

    Zestimate® history
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    $3,357/mo

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    What's special

    As they say, it is all about LOCATION, LOCATION, LOCATION and this view is second-to-none. The Golden Mile, absent of high rises and crowds, with its beach-lined cabanas, is a very desirable place to call home. This beautiful second-floor ocean-front condo showcases million-dollar views of the Atlantic Ocean from every vantage point in the home. Envision sitting on your expansive, double-length balcony, swinging from the porch swing, enjoying a cup of coffee or afternoon iced tea, while taking in the gorgeous, unobstructed views of the ocean! And just imagine being footsteps to the beach ??? no need to worry about parking, crowds, and hauling your beach gear from a far-away parking spot. There is a special opportunity to also enjoy the quaint park directly across the street ??? equipped with beautiful flowers, a playground, fitness stations, and a picnic area. And if you prefer, you can make new friends and enjoy the onsite pool, exclusive to this community. The Drayton House with all its Southern Charm is fully equipped with an elevator, and has just eight units. This unit has never been rented and features spacious living areas, wood flooring throughout, and an abundance of natural light. The master bathroom has been recently renovated. The HVAC system was replaced in May 2019. Being sold furnished! Come experience your new best-kept secret today!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Washer
    Features
    • Elevator, Foyer
    • Flooring: Carpet, Laminate
    • Windows: Window Treatments
    • Common walls with other units/homes: End Unit
    Interior area
    • Total interior livable area: 1,600 sqft

    Property

    Accessibility
    • Accessibility features: Elevator
    Features
    • Exterior features: Brick
    • Pool features: Outdoor Pool
    • Waterfront features: Ocean Front, Second Row Beach
    • Frontage type: Oceanfront
    Lot
    • Size: 3,920 sqft
    • Features: Views
    Details
    • Parcel number: 42115030068
    • Zoning description: MF

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1983

    Utilities & green energy

    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Underground Utilities, Water Available, Phone Available, Sewer Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Fire Sprinkler System
    Community
    • Community features: On Site Laundry Available
    Location
    • Region: Myrtle Beach

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $775 monthly
    • Amenities included: Pool, Cable TV, Trash, Internet Access, Lawn Maintenance
    • Services included: Trash, Insurance, Pool Service, Electric Common, Manager, Common Maint/Repair, Legal and Accounting, Water and Sewer, Landscape/Lawn, Elevator Service

    Other

    Other facts
    • ViewYN: true
    • BuildingFeatures: DSL/Cable Available
    • View: Ocean
    • WaterSource: Public
    • Flooring: Carpet, Laminate
    • Appliances: Dishwasher, Refrigerator, Disposal, Washer/Dryer, Microwave, Oven, Range
    • Heating: Electric, Central
    • InteriorFeatures: Elevator, Foyer
    • Furnished: Furnished
    • HeatingYN: true
    • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available, Phone Available, Sewer Available
    • CoolingYN: true
    • BusinessType: Residential
    • AssociationFeeIncludes: Trash, Insurance, Pool Service, Electric Common, Manager, Common Maint/Repair, Legal and Accounting, Water and Sewer, Landscape/Lawn, Elevator Service
    • AccessibilityFeatures: Elevator
    • WaterfrontYN: true
    • CommunityFeatures: Pool - Outdoor, Outdoor Pool
    • StoriesTotal: 1
    • ExteriorFeatures: Balcony
    • ElectricOnPropertyYN: True
    • PetsAllowed: Yes
    • ParkingFeatures: Assigned
    • CommonWalls: End Unit
    • ConstructionMaterials: Brick Veneer
    • CurrentUse: Residential
    • Cooling: Central Air
    • LotFeatures: Views
    • FrontageType: Oceanfront
    • WaterfrontFeatures: Ocean Front, Second Row Beach
    • AssociationAmenities: Pool, Cable TV, Trash, Internet Access, Lawn Maintenance
    • PoolFeatures: Outdoor Pool
    • PossibleUse: Residential
    • SecurityFeatures: Smoke Detector(s), Fire Sprinkler System
    • WindowFeatures: Window Treatments
    • RoomKitchenFeatures: Refrigerator, Dishwasher, Microwave, Range, Garbage Disposal, Oven
    • RoomMasterBedroomLevel: First
    • RoomMasterBathroomLevel: First
    • ZoningDescription: MF
    • FoundationDetails: Brick/Masonry
    • RoomDiningRoomFeatures: Fam/DR Combo, Bar
    • BuildingName: Drayton House

    Price history

    DateEventPrice
    2/12/2025Sold$460,000+12.2%$288/sqft
    Source: Public Record Report a problem
    2/10/2022Sold$410,000+43.9%$256/sqft
    Source: Public Record Report a problem
    8/21/2019Sold$285,000-10.9%$178/sqft
    Source: Public Record Report a problem
    8/15/2019Pending sale$319,900$200/sqft
    Source: RE/MAX Southern Shores #1914322 Report a problem
    8/8/2019Listed for sale$319,900$200/sqft
    Source: RE/MAX Southern Shores #1914322 Report a problem
    7/10/2019Pending sale$319,900$200/sqft
    Source: RE/MAX Southern Shores #1914322 Report a problem
    7/1/2019Price change$319,900-1.5%$200/sqft
    Source: RE/MAX Southern Shores #1914322 Report a problem
    12/15/2018Listed for sale$324,900$203/sqft
    Source: RE/MAX Southern Shores #1824857 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,920 +5%$453,000 +12.7%
    2023$6,590 +45.7%$402,000 +44.1%
    2022$4,523 +3.8%$279,000
    2021$4,356 +1%--
    2020$4,314 --
    2019-- --
    2018$2,841 $10,680
    2017-- $10,680
    2016-- $10,680 -42.9%
    2015-- $18,690 +75%
    2014-- $10,680
    2013-- --
    2012-- --
    2010-- $12,720 +6.9%
    2009-- $11,904
    2008-- $11,904
    2007-- $11,904 +50%
    2005-- $7,936
    2004$1,395 +21.6%$7,936 +21.6%
    2003$1,148 $6,528
    2002-- --
    2001-- --
    2000-- --

    Find assessor info on the county website

    Neighborhood: 29577

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Myrtle Beach Elementary School
    • Middle: Myrtle Beach Middle School
    • High: Myrtle Beach High School

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $449,500
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    +$8,990
    With Zillow Showcase(estimated)
    $458,490