7000 N Ocean Blvd 128
Myrtle Beach, SC 29572

$114,900 The Caravelle Tower. Unit 128. Come put your toes in the sand, only a few feet away from the BEACH. OCEANVIEW condo in a SPECTACULAR LOCATION of Myrtle Beach so extremely close to restaurants, shops, MANY FUN theatres and adventures, golf, hair salons, Doctor's offices, and the Hospital. 7000 N. Ocean Blvd. The Caravelle Resort is comprised of several buildings. This particular condo is located in the "Caravelle TOWER" bldg and has its own indoor/outdoor pool. Also, there is a SPA on the ground floor. The condos start on the floor above. Unit 128 is one flight up directly overlooking the pool. Two elevators, on-site laundry ground floor/snack machines/restroom. Shared amenities with the other buildings include: Restaurant, Pool Bar with your summer cocktails, indoor/outdoor pools, whirlpools, kiddie pools, lazy river, fitness center, gameroom. EFFICIENCY condo with a king bed, Queen sleeper sofa, dresser, TV, table/chairs. Small kitchen but has stove, microwave, sink, refrigerator, dishes, pots/pans. Tiny closet but some owners purchase armoires for additional hanging space. One full bath.

The front desk is located across the street. Very popular resort with numerous repeat guests from all over the world.  Also, the highly popular "BEACH BAR" is right next door in the St. Clements. A LOCALS FAVORITE.

FULLY FURNISHED. Priced accordingly. The condo is rented a majority of the time, but could use upgrades. View the other units for decor and remodeling ideas that are currently on the market or have sold recently.

There are no special assessments. Dues Paid Quarterly to Tradd Management.

Buyer to honor rentals as per SC Vacation Rental Act with the Caravelle, then they may choose to rent it with whomever they decide or do it themselves with a Myrtle Beach business license.

I've always taken over the rentals in the winter time to help feel the void of any off season.  The hospital is so close, and I've rented to numerous travel nurses who love it.

Disclosure: Owner is myself and I am a licensed SC Real Estate agent for 40 years.  Our family also owns two other units in the building, but we are not selling them at this time, as we still like enjoying our own little "STAY-CATIONS" and have them either rented or use for our family and friends.

 

Priced accordingly. The condo is rented a majority of the time, but could use upgrades. Have your buyer view the other units for decor and remodeling ideas. 

No special assessments. Dues Paid Quarterly $1685 = $561.66 to Tradd Management.  HO6 POLICY for the interior and liability is not included and I have my policy with HUB International and I paid it in April for $514.10 for the year.

Property taxes for 2021 were: $657.14

 

My gross rental income per year is approx $14k and I "net" approx $6000 after HOA dues, taxes, insurance. ($500 net per month income approximately.) 

Buyer to honor rentals as per SC Vacation Rental Act with the Caravelle, then they may choose to rent it with whomever they decide or do it themselves.

I've always taken over the rentals in the winter time to help feel the void of any off season.  The hospital is so close, and I've rented to numerous travel nurses who love it.

The Caravelle now charges for parking for overnight guests through the front desk: $12 which they think will also be split with homeowners.