Beautiful 3 bedroom/2 bathroom home in the prestigious gated golf course community of Prestwick, located very close to the beach about 1/4 mile away. 4 bedrooms. We offer 30- and 40-year fixed-rate mortgages, as well as 5/6 and 7/6 adjustable-rate mortgages (ARMs). Or you can find a $1. Which condo hotels in North Myrtle Beach are good for families?1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. A condotel is a combination of a condominium and a hotel and is a unique type of property ownership. Myrtle Beach, SC 29579; Office: 800. Had some noise complaints the first night but they where delt with. Investing in a condotel (a condominium that operates as a hotel) can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach. Call Us: (843) 839-2430. They grossed roughly $44k in 2021 and had done $44k last year through October. (843) 492-4030. 4785 -. facebook; linkedin;. Coral Beach. This ground level 2-bedroom condo is located in the popular Seagate Village. com. Our Myrtle Beach real estate agents can help you find new construction homes, resale real estate, primary residence, second home, 55 plus retirement, Oceanfront, Intracoastal Waterway, Golf Course, bank owned homes, or commercial property. Premium. North Myrtle Beach Waterfront/Oceanfront Condominiums for Sale. Individual owners have units, but they have. 1 bd; 1 ba; 537 sqft - Condo for sale. We offer 3/1 ARM, 5/1 ARM, and 7/1 ARM Condo Hotel Mortgage Loan Programs, amortized over 30 years. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. A condotel essentially is a condo that can be rented either by the night, the week, the month or multiple months, and is similar to that of a resort as the building has a front desk where people can walk up to book or rent a unit. With a private balcony, these level 3 condominiums are angle oceanfront units. 1,045 Sq Ft. Staybridge Suites Myrtle Beach-West: 303 Fantasy Harbour Blvd. 991 38th ave n, myrtle beach, sc, 29577. Known for its 60-mile stretch of beach called “The Grand Strand,” Myrtle Beach was first incorporated as a town in 1938 with a population of 5000 and then transformed into a city in 1957. Most of the Myrtle Beach oceanfront high rises are condotels. 100 North Beach Blvd #606, North Myrtle Beach, SC 29582. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific investment goals. GREY AREA. For assistance call 843-839-9870 or text STOP to cancel. An. 904 62nd Ave. Department of Housing and Urban Development | 451 7th Street S. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. Myrtle Beach condotel financing guidelines made easy Our flexible options and expert guidance ensure a seamless experience. More Details. The condotel must have at least 500 square feet of living area. 3500 N Ocean Blvd (Prince Resort I), 3601 N Ocean Blvd (Prince Resort II), North Myrtle Beach, SC 29582. November 1, 2023. The Grand Strand is known for its famous golf courses and country clubs. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. If you decide to invest in a short-term rental property in a condotel, here are four tips for getting started: 1. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. Special offer. com (800) 697-4371. W. Sometimes one size doesn’t always fit all. 426%. Sea Watch Resort is close to some of Myrtle Beach’s most popular attractions, including Restaurant Row, the Tanger Outlet Mall, Barefoot Landing, and Restaurant Row. 345 sq ft. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. - Homes for sale presented by the Beach Pro Team: 843. Florida for $50,000 close by the beach. After all annual fees are paid ie. Marriott's OceanWatch Villas at Grande Dunes - Traveler rating: 4. Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage. 1605 S Ocean Blvd, Myrtle Beach, SC. View property. Financing/Investment. Frequency of contact may vary and message and data rates may apply. Contact BrickWood Mortgage today at (843) 314-4101. LendSure Mortgage Corp. 1003 S Ocean Blvd. Boardwalk Oceanfront Tower - Myrtle Beach Condos for Sale. Malibu Pointe Beach Club: 5 Listings from $285,000: Mar Vista Grande: 3 Listings from $769,500: North Beach Plantation: 17 Listings from $250,000: Prince Resort: 1 Listings from $372,900: Tilghman Beach And Golf Resort: 27 Listings from $320,000: More Myrtle Beach Condos for SaleBuying or selling a foreclosed condo in Myrtle Beach Area, SC,? Let The Harrelson Group help you in all your Myrtle Beach Area, SC foreclosed condominium needs. Written by jpinkas on August 17, 2018. Thanks so. For your protection, do not email your Account Number (s) or Social Security Number. Golf colony resort 5p. See BBB rating, reviews, complaints, contact information, & more. This home is only a few blocks from BUS 17 and only a 2 minute car-drive/5 minute golf-chart drive to the beach. 1905567 MLS. Required fields are marked *Stay at this hotel in Surfside Beach. 455. North Myrtle Beach, SC 29582. Coral Beach Features and Amenities. Blog Author and CEO. UNIT #242 Myrtle Beach in A Place At the Beach IV Shore Drive - View all 24 photos. 455. (843) 796-1358. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. Blissful Mortgage Condo loans. facebook; linkedin;. Find the best offers for your search owner financing myrtle beach. Try adding more details such as location. Monthly Real Estate News; Local News. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. Learn more about local market trends & nearby amenities at realtor. Condotel at 10% APR?? Mike Dawson. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages. We’d like to buy stock in the company that charges 40% less expenses on someone else’s investment. Unit 839/840, Myrtle Beach $299,900. Find out everything you need to know about Condotels. Sea Mist Eff/1BA oceanview condo. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy ed-Full Kitchen!! Coral Beach Resort is Continually voted BEST RESORT ON THE BEACH!!. 2013 New Condotel Financing According to Zillow, the median home value in Myrtle Beach is $167,958 and home values have gone up 2. Myrtle Beach, SC 29579; Office: 800. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. MORTGAGE CALCULATOR. 955 Condos For Sale in Myrtle Beach, SC. View property. Those. Condos and Homes for Sale in Myrtle Beach. You can also use this residence for ready and steady rental income. The Brighton Tower is an upscale 21-story oceanfront condominium tower in Kingston Plantation, a 145 acre world-class resort located in the Arcadian section between Myrtle Beach and North Myrtle Beach. Myrtle Beach City Manager John Pedersen previously told The Sun News such an exception would be made since many of Myrtle Beach’s hotels are condotels with rooms. 20%. . Many national, big named banks will not finance a condotel. . View our North Myrtle Beach real estate area information to learn about the weather, local school districts, demographic data, and general information about North Myrtle Beach, SC. A condotel owner purchases a unit within the property and uses it as a second home or vacation spot. 0. If you need a Condo Hotel purchase mortgage loan or a Condo Hotel refinance mortgage loan, please contact us at Gustan Cho Associates at 1. Condo for Sale in South Myrtle Beach, SC: Gorgeous Direct Oceanfront 1br/1ba Furnished 3rd floor unit in Landmark Resort! This unit features updates including Brand new 50 inch tv in the living room and 40 inch tv in the bedroom, air conditioning units less than 3 years old, tile floors throughout, Quartz countertops, updated kitchen cabinets, fixtures, outlets,. Qualification based on Property Income, Not Your Income. Those. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific investment. Specific property information is deemed reliable but is not guaranteed. Leave a Comment. Take a lesson or enjoy a tournament. Posted in 2021, Myrtle Beach Real Estate, Myrtle Beach Rental Property. View 28 photos of this 1 bed, 1 bath, 581 sqft. Financing Condos in Myrtle Beach Can Be Tricky. . . In comes what we call our portfolio option for condotel financing. November 30, 2023. RE/MAX SOUTHERN SHORES NMB. 1210 Absolute Beach. 100 North Beach Blvd #606, North Myrtle Beach, SC 29582. I know most of them are those condoels which apparently is an old term, but looking for insight. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach Downtown Oceanfront Real Estate News, one of the 50 versions of our e-newsletter. Borrowers can also email me at gcho@gustancho. Drew CCNB offers special rates and terms for condotels in the Myrtle Beach area. Condotel Mortgage Rates; Florida Condotel. com (800) 697-4371. One Ocean Place is a highly sought after condominium complex in Garden City Beach. Buying a condo is a lifestyle choice. [email protected]. 1,501 sqft. We also offer. You can also use this residence for ready and steady rental income. Unit 420, Myrtle Beach — Coral Beach $155,000. Many property owners also use their Myrtle Beach condotel for personal use. Mortgages for Condos and Condotel financing in Myrtle Beach. These could have serious impacts on getting loans in South Carolina, especially in coastal beach towns like Myrtle Beach where highrise oceanfront condos are so integral to their economy. com. Gene Carter, CDPE Myrtle Beach Real Estate Sales 1-800-872-4488 GeneCarter@BeachProTeam. What a unit owner owns is typically different than what a unit owner owns in a typical. Print . Condotel properties must have a full. All Waikiki Banyan and Waikiki Sunset condos are legal STRs subject to the terms of Bill 41. Condo For Sale $159,900. Categories > Condo Hotels for Sale in Waikiki. First Last. An Atlantic Beach town council candidate spent six years in federal prison following a 2007 conviction on multiple drug charges in Virginia, according to court records. Condotel-Loans Condotel Loan. - Homes for sale presented by the Beach Pro Team: 843. 2 Baths. There is no maximum loan size on Condotel Financing Mortgage Loans. However, securing financing for such a unique property can be a complex process. When you're ready to buy, we'll be here to help. Condotels. 1105 S Ocean Blvd. North Myrtle Beach, SC 29582. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. The money you make from the rental can help you offset some of the costs and often create extra revenue. Suggestions on loan resources for condotels in the Myrtle Beach area? Give us a call Jerry Pinkas Real Estate Experts 843-839-9870. 2 bds; 2 ba; 1,158 sqft - Condo for sale. 161 Seawatch Drive, Myrtle Beach, SC 29572. The Ashworth Condos For Sale. - Homes for sale presented by the Beach Pro Team: 843. And that. Financing/Investment. $242,900. . Live like a pampered guest in a Honolulu. Stay in touch with us at 843-999-0575 or email. Here are the highlights of our Condotel program: Borrowers must have a minimum credit score of 680. A condo hotel, also known as a condotel, hotel condo, or a contel, is a building that is legally a condominium but operated as a hotel, offering short-term rentals, and which maintains a front desk. Condotels International Inc. Boardwalk Oceanfront Tower - Myrtle Beach Condos for Sale. Fast Closing and Flexible Underwriting. Non-Warrantable Condos. 1,169 Sq. Financing/Investment. Myrtle Beach SC. Condo For Sale In Myrtle Beach, South Carolina. 455. property tax, personal property tax (furniture tax), rental commission (the rental company in my resort charges 40% of gross rentals), all fees associated with each rental ie. The median list price in Myrtle Beach is $318,570 and the average price per square foot is $138. I know most of them are those condoels which apparently is an old term, but looking for insight. See pricing and listing details of Daytona Beach real estate for sale. Columbia, SC 29210. Owner Financing Available - Myrtle Beach, SC Home for Sale. Each condotel is a part of a large-scale property that operates similar to a hotel, with a wide range of amenities and resort-style features. com. In Myrtle Beach, the lifestyle is relaxed and friendly and full of things to do – making it a wonderful place to vacation or to live. Enjoy an in-room DVD player, a TV, and cable/satellite TV. Popular attractions Grand Theatre and Magnolia Lake are located nearby. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. (866) 803-2853. Help getting approved for a mortgage loan for a condo in Myrtle Beach SC (Also applies to all condos in SC). View property. (843) 444-LOAN (5626) [email protected] Reconsider the ‘Condotel’. . Financing a myrtle beach condotel. Many property owners also use their Myrtle Beach condotel for personal use. If you would like more information on condos or condotels in the Myrtle Beach, SC area, reach out to me. CONDO FINANCING. 455. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. 2 bathrooms. Office: 800-872-4488. * Previously under contract and buyer could not qualify so BACK ON THE MARKET. North Beach Plantation. 2 Bed. 2207 S Ocean Blvd #809, Myrtle Beach, SC 29577. After extensive searching, you have found a great gulf front condominium with a strong onsite rental program, and restaurant, indoor and outdoor pools and lots of other great amenities. 2ba. 2301 S Ocean Blvd, North Myrtle Beach, SC 29582. 1025 Highway 17 South. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Stay at this business-friendly hotel in Murrells Inlet. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. - Condo for sale. View 28 photos of this 1 bed, 1 bath, 581 sqft. After extensive searching, you have found a great gulf front condominium with a strong onsite rental program, and restaurant, indoor and outdoor pools and lots of other great amenities. 3 bedroom, North Myrtle Beach SC 29582. 1 Beds. What Is A Condotel In Myrtle Beach. High LTV and Interest-Only Options. Condotels have hotel-like amenities and services – unlike the conventional condominiums. Brittany Baker Poster Pro. Bay View Resort - Myrtle Beach Condos for Sale. Owner Financing available for qualified buyers. 1 Beds. Locally, we have a handful of local lenders, with very. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major. 3 bds; 2 ba; 1,501 sqft - For sale by owner. condo with a list price of $214900. When people book a short-term rental, they typically. Condotel unit buyers and commercial real estate investors who have any questions on Condotel Financing and/or commercial loans, please contact us at 800-900-8569 or text us for a faster response. 37 ACRES. Condo in Myrtle Beach. facebook; linkedin;. Coral Beach Bldg. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment properties, land, FHA and VA loans. 2 units occupied and the third is having work done on it now. Condotels are condos that are run as resort properties and offer amenities such as check-in desks, maid services, room service, etc. Touch device users, explore by touch or with swipe gestures. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. Condo For Sale In Myrtle Beach, South Carolina. This Spectacular One of Kind 4-bedroom villa has been completely updated (New Baths , Kitchen, Floors and Smooth ceiling) ) plenty of space with great views of the waterwa. 4785 - Home; Search MLS. Myrtle Beach was the 2nd biggest golf town in America behind Orlando for years, and we haven't even touched on what Hilton Head means to the SC economy. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. Thu, 26 Oct 9:00 AM to 4:00 PM. Subject property needs to be 100% residential (or livable) The units need. Owner Financing This property will be on the market for a limited time This gorgeous 4-bedroom, 3 bath home is located in Francis Marions. Destin, Miramar Beach, 30A and Panama City Beach Fl Condo Financing Questions. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. 4. , Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455Myrtle Beach. Live like a pampered guest in a Honolulu. 201 N 74th Ave. is. SOUTHERN COAST INSURANCE GROUP INC 4420 Oleander Dr Ste 104 Myrtle Beach, SC 29577 Get Map Phone: 843-839-5076 Fax: 843-353-0785 Contact Us2 BDS | 2 BA | 1,100 SQFT. Write a review. Atlantic Beach voters will have big decisions to make at next month’s polls as they opt for a new mayor and flip the council by at least one new member on the panel. $159,900. Whether it is the beautiful accommodations, fantastic food, or full amenities, Coral Beach Resort and Suites has it all. Demise Of Condotel Financing After Real Estate Meltdown. A list of local lenders and contacts who can provide traditional financing for condos and condotels in Myrtle Beach, SC. not a Non-Warrantable Condo loan) will fund up to 70% LTV nationwide, full documentation, 12 months PITI on all properties owned at close required, 680 min fico,. Richmond CONDOTEL Financing. Don't. North Myrtle Beach is located in the area of South Carolina known as the Grand Strand. Indianapolis, IN. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages. 4 bds. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. RE/MAX SOUTHERN SHORES NMB. 1105 South Ocean Blvd, Myrtle Beach, SC 29577. Until, you find out, usually the week before closing, the underwriter for the lender, says they don’t do condotels, they only finance condos! Seen it happen hundreds of times with inexperienced real estate agents and consumers. Easily calculate a Myrtle Beach mortgage for all types of home loans including; first mortgages, second home loans, condotel financing in myrtle beach, investment properties, land, FHA and VA loans. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. A perfect beach retreat, Heron Pond is a condo complex on the north end of Myrtle Beach and a short walk to the ocean. Okay. To be in. Myrtle Beach, SC. Bay View Resort is located on the board walk and is at the heart of Myrtle Beach in close proximity to top attractions such as the Sky-wheel, Pavillion, 2nd Ave Pier, and more!A condotel is a short-term rental unit in a condominium project generally found in resort-zoned and specific apartment-zoned areas. Don’t miss out on this rare opportunity to live in the well sought after Birch N Coppice community! This 3-bedroom 2-full bathroom end. Top Rated. Months. Stunning views you won't want to miss from this oceanfront condo at Prince Resort in the Cherry Grove section of North Myrtle Beach! This two-bedroom, two-bathroom unit o. 2 bedrooms. S Unit 816, Myrtle Beach — Coral Beach $170,000. Call ☎ (800) 697-4371. Financing/Investment. CCNB offers several flexible checking and savings accounts so you can live on your own terms and find an account that suits you best. For more information, contact Oren at (312) 867-5363 x206 or by email at oorkin@capfundmtg. 813 2nd Ave N, North Myrtle Beach, SC 29582. Unit 704, Garden City Beach — One Ocean Place $408,500. The Caravelle Resort: 6900 N. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626) 1830 Marion St. . LINENS & DEPARTURE MAID SERVICE INCLUDED IN RATES! Winter Rentals in North Myrtle Beach are from October to March. ABC Mortgage Company is located in Myrtle Beach, serving Horry County, Georgetown County along with the rest of the state of South Carolina. Gene Carter, CDPE Myrtle Beach Real Estate Sales 1-800-872-4488 [email protected] condotel is a hybrid between a condominium and a hotel that lets owners enjoy the unit (and the property’s on-site amenities) themselves as well as generate income by offering it as a short-term rental property. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. Our. Condotel financing cannot be financed through conventional loans. Building or project needs to be more than or equal to 50% for commercial – this will be determined by the appraiser. 3bd. Located in the heart of Myrtle Beach, The Caravelle Resort Myrtle Beach SC makes it easy to enjoy all of the delicious restaurants, golfing, adventure, shopping, and entertainment that the Grand Strand has to offer. 1,000 Sq Ft. This document expresses the opinion of Gene Carter, CDPE. 3 br, 2 ba, 1930 Tot. can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach, SC, Charleston, SC Ft. High LTV and Interest-Only Options. The dog-friendly winter rentals are available at reduced off-season rates. Learn how to finance a condotel in Myrtle Beach SC with local mortgage lenders and experts. . This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. Myrtle Beach, SC 29579; Office: 800. Bedroom in Myrtle Beach SC. 1 bathrooms. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. Call ☎ (800) 697-4371. The HOA or the project’s legal documents require unit owners to share profits from the rental of units with the HOA, management company, or resort, or hotel rental company. North Myrtle Beach, SC 29582. Investment properties are eligible for the Condotel program. We have the experience and knowledge to help you find the right condo insurance policy for your needs and budget. - Homes for sale presented by the Beach Pro Team: 843. We specialize in Condo Loans Financing for Warranted Condo Loans, Non-Warranted Condo Loans, Condotel Condo Loans, Primary Condo Loans and DSCR investment Condo loans for long and short term rentals. 32 days on Zillow. 3 Baths. com. 2023. Get started with a free quote today. Financing/Investment. Wow! I didn't know what that was beforehand and now we can't even use the pre-approved loan to purchase it. com or visit us at Myrtle Beach, situated in South Carolina, will be the perfect choice for you and your family. $590,000. Give us a call 843-839-9870. This ground level 2-bedroom condo is located. Beach Cove Resort offers two and three bedroom oceanfront condos. Destin, Miramar Beach, 30A and Panama City Beach Fl Condo Financing Questions. This article was provided by Oren Orkin of Capital Funding Mortgage Company, LLC, a residential and commercial lender that can provide financing for condo hotel units. Print . We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). The Ashworth Resort 102 N Ocean Blvd North Myrtle Beach, SC. Anderson Ocean Club. Breath taking views from unit 708, a direct oceanfront 2 bedroom 2 bath lockout condo in the highly desirable Bay View Resort. FOR SALE BY OWNER 0. $97 night. By Alison Gregor. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 4785 -1512 Taurus Ln. Newly Renovated. Condotel Financing and Non-Warrantable Condo Loans are Portfolio Mortgages are available with us at Florida Commercial Real Estate Loan Group. com®. Good value. Breakers Resort - Myrtle Beach Condos for Sale. condotel financing situation is “as good as it gets!” A little-known “secret” is that condotels (condos in developments with check. View our Myrtle Beach real estate area information to learn about the weather, local school districts, demographic data, and general information about Myrtle Beach, SC. LOCATION. (843) 796-1358. Sellers are permitted to pay up to 6% of closing costs. (866) 803-2853. The condo can even be 5 miles from the “check-in desk”. Nov 23, 2023 - View the Best vacation rentals with Prices in North Myrtle Beach. Portfolio Financing for Condos and Condotels. S Unit 816, Myrtle Beach — Coral Beach $170,000. Beach Pro Team, Gene Carter REALTOR. Condotel-Loans Condotel Loan. CONDO SPECIALISTS. It offers in size, 1 beds and 1 baths. STR rule updates are here –> Bill 41 (CO 22-7) – Oahu’s New Short-Term Rental Rules 2022. Call ☎ (800) 697-4371. 5 million dollar two bedroom, two bathroom oceanfront condotel unit in Hawaii. LOAN. 2300 N Ocean Blvd. . 12230 World Trade Drive Suite 250 San Diego, CA 92128. Powered By Inquiries. Beach Park Resort - Myrtle Beach Condos for Sale. Condo For Sale $239,900. Owner Financing Available - Myrtle Beach, SC Home for Sale.