The list is categorized by the types of loans each. com (800) 697-4371. S. $350,000. 3 br, 2 ba, 1930 Tot. Leave a Comment. 720 sqft. ft. 3bd. Enjoy oceanfront views from this 7. This oceanfront resort is located at 1105 S Ocean Blvd, Myrtle Beach, SC 29577. At Movement Mortgage, we do offer condotel financing if the building is indeed a true condotel. Call ☎ (800) 697-4371. First Last. View Tripadvisor's 53,350 unbiased reviews and great deals on house rentals in North Myrtle Beach, SCCoral Beach is a condominium community located in Myrtle Beach that offers a wide range of amenities to fit any lifestyle. Long-Term Fixed or ARM Rates. Sand Dunes Resort Condos For Sale. MLS# 2305975 / Sold. Great location!!!! just minutes from the beach, broadway at the beach, tons of dining options and golf courses. No Exp. 1,501 sqft. Take a lesson or enjoy a tournament. I just got back from Myrtle Beach SC and I'm ready to purchase a condotel. TRV66338---. Condotels are condominium projects, which are individually owned and operated as a hotel. Here are the highlights of our Condotel program: Borrowers must have a minimum credit score of 680. 106 Birch N Coppice Dr. A new modern luxury condo hotel is now being offered on the tree-lined shores of serene Lake Austin, with access to a local resort with…. The good news is that finding an affordable and desirable property to rent in Myrtle Beach, SC -- whether it’s. Source: acmg. Most posts I've seen on this topic are old. 843. LOAN. 455. 813 2nd Ave N. 4817 Magnolia Lake Dr APT 301, Myrtle Beach, SC 29577. 2 Beds. Loan Products. * Extra Luxurious 1 - 7 Bedroom Condos & Homes. 2. Receive the Beach Pro Team’s current list of local. A: 1515. 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,. The condo can even be 5 miles from the “check-in desk”. The Ashworth Resort 102 N Ocean Blvd North Myrtle Beach, SC. 4785 -. View Hotel. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. Spend your time in the warmer weather enjoying this Beautiful home located in the permanent section of the KOA Campground!At Fidelity Home Group, we are Condotel Financing Florida mortgage experts! The Condotel also known as the Condo Hotel is quickly becoming popular in Florida as an investment opportunity. The money you make from the rental can help you offset some of the costs and often create extra revenue. This ground level 2-bedroom condo is located. 7100 N Ocean Blvd #1126, Myrtle Beach, SC 29572. Condotel Financing began to be a very popular idea around 2001, because of difficulty in funding a Condotel Loan higher than 50% of the Condotel purchase price. GRAND STRAND COASTAL REALTY. S. 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. Read More. The condotel units can be placed on a rental program with the management who can rent the units out for short or long-term rentals. View 24 photos of this 2 bed, 2 bath, 1045 sqft. 991 38th ave n, myrtle beach, sc, 29577. 5/5. I was told there are lenders that will finance a studio condotel so any advice would be much appreciated. Myrtle Beach, SC has numerous condotel units that are incredible and can be incredibly lucrative for you, but you have to know where to find them and what to look for. 201 N 74th Ave. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626). But what is a condominium hotel or condotel? A condo-hotel is a new trend in the Myrtle Beach. Categories > Condo Hotels for Sale in Waikiki. I hear countless stories of confusion and people being ripped off by real estate agencies, who don’t have. The major difference between a condo and a condotel is that short term, nightly rentals are available in the latter. North Myrtle Beach, SC 29582. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. We also offer our Condo/Condotel Lender List and Closed Sales Histories. 12230 World Trade Drive Suite 250 San Diego, CA 92128. com (800) 697-4371. Condotels International Inc. . Blissful Mortgage is your Condo Mortgage loan experts with 17 years of experience. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. 2ba. 161 Seawatch Drive, Myrtle Beach, SC 29572. 2000 Highway 17 S. Help getting approved for a mortgage loan for a condo in Myrtle Beach SC (Also applies to all condos in SC). Bella. $805,449. Financing/Investment. LOCATION. About the Condotels Golf Colony. In November 2023, the average monthly cash on cash return in Myrtle Beach is 3. 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. Explore the Coral Beach condos for sale in Myrtle Beach SC. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. Posted in 2021, Myrtle Beach Real Estate, Myrtle Beach Rental Property. There are 2,731 real estate listings found in Myrtle Beach, SC. Financing Condos in Myrtle Beach. 387 sq ft. 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. Petersburg CONDOTEL Financing. 1 Listings from $649,900. W. View property. Contact us today at 843-232-7321!5905 South Kings Hwy Unit A418, Myrtle Beach, SC 29575. 186 Fresh Drive. 5905 S Kings Hwy Unit A418, Myrtle Beach, SC 29575 is for sale. Barefoot Rental Management 4999 Carolina Forest Blvd, Suite 12, Myrtle Beach, SC 29579. Morant’s proposed condotel, named “The Black Pearl of the Atlantic,” would be located near 30th Avenue South and South Ocean Boulevard, and feature 168 hotel rooms, 36 short-term rental. Free parking. (843) 315-2535. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. Investment properties are eligible for the Condotel program. Generally, I am able to review the condo project, and determine that the out-of-market lender is incorrectly classifying the condo project as a condotel. Condo in Myrtle Beach. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. Beach Cove Resort offers two and three bedroom oceanfront condos. The Grand Strand is known for its famous golf courses and country clubs. Whether you are looking for exciting watersports or to dance the night away at Broadway at the Beach, The Caravelle. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. RE/MAX SOUTHERN SHORES NMB. North Myrtle Beach is located in the area of South Carolina known as the Grand Strand. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. 2 Beds. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. 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. Asking Prices range from $100,000 to $16,995,000 with an average price of $1,417,970 and an average price per square foot of $1,300. This efficiency ocean view unit has a spectacular view down The Myrtle Beach coastline with a North Sunrise view. Type: ManufacturedHome, Year Built: 2021. The Preserve At Clam Farm: Folly Beach, SC. Financing. 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. UNIT #242 Myrtle Beach in A Place At the Beach IV Shore Drive - View all 24 photos. Jumbo Mortgages/Adjustable Rate Loans. Myrtle Beach Oceanfront Condotel STR Case Study. (843) 444-LOAN (5626) Home. Master bedroom has 2 closets. com (800) 697-4371 facebook And we can tell you for a fact, yes you can! Buying a condo in Myrtle Beach can be a good investment in 2023. Myrtle Beach, SC 29579; Office: 800. 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN (5626) 1830 Marion St. Listing courtesy of Listing Agent: Michele Blase () from Listing Office: Realty ONE Group Dockside. Apply Now and Get a Quote Today! Get more details. Condotel Mortgage Rates; Florida Condotel. Owners use short-term rentals to generate income, listing them on platforms. Condotel Financing Guidelines. 32 days on Zillow. Indoor Pools. Get in touch with a North Myrtle Beach real estate agent who can help you find the home of your. Enjoy the. Receive the Beach Pro Team’s current list of local condo and. 1025 Highway 17 South. 2023. Or you can find a $1. The rent is split between management and the owner in the range of 40%-60% in favour of the owner, but can often be as high. 1105 S Ocean Blvd. 4712 Cobblestone Dr. There are 630 real estate listings found in North Myrtle Beach, SC. 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. 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. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. What Is A Condotel In Myrtle Beach. The dog-friendly winter rentals are available at reduced off-season rates. 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. SEARCH OUR SITE. Beach Cove Resort - Traveler rating: 4/5. . And at Aaron Miller Insurance, we’re always here to help, contact us today! At Aaron Miller Insurance we’re here for you, and we’ll work to get you the best deal possible. Lauderdale, FL, etc. Thu, 26 Oct 9:00 AM to 4:00 PM. R. 1,501 sqft. Thanks in advance. 1 bath 400 sq ft 201 74th Ave N #2636, Myrtle Beach, SC 29572 (843) 492-4030 Owner Financing - Myrtle Beach, SC Home for Sale OWNER FINANCING AVAILABLE!!!!! No. Welcome. - Homes for sale presented by the Beach Pro Team: 843. Discover genuine guest reviews for Condotels at Coldstream Cove along with the latest prices and availability – book now. Condotels. 6. We offer a variety of mortgage options: Conventional Mortgages. BridgeWell Capital professionals often finance investments in 10 days or less; no matter your current credit, financial, or employment situation. Beach Colony. With an average of 320 days of Florida sunshine each year – and 27 miles of sugar-white sands bordering the clear, emerald green waters where the Gulf of Mexico and St. Bluewater Resort - Myrtle Beach Condos for Sale. Compare different loan programs, rates, and down payments for your new. The average sq ft home size of South Carolina Beachfront Condos & Villas For Sale Myrtle Beach SC is 956 square feet. Myrtle Beach in Crystal Lake - View all 2 photos. 1,654 sq ft. 30-year fixed. Unit 1003, Myrtle Beach — Dunes Village Resort $318,000. One Ocean Place Bldg. . 9670 Shore Dr. Island Vista Oceanfront Resort - Traveler rating: 4. I am looking at Myrtle Beach for my first property. The median list price in Myrtle Beach is $318,570 and the average price per square foot is $138. 537 Sq. In comes what we call our portfolio option for condotel financing. Owner Financing - Myrtle Beach, SC Home for Sale. 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, rates start in the low 5s, 3/1, 5/1, 7/1, 30 and 15 year terms available. 1207 S Ocean Blvd. Located near Main Street and the shag clubs, this stunning oceanfront luxury resort condo community offers the best in luxury, atmosphere and comfort. Asking Prices range from $100,000 to $16,995,000 with an average price of $1,417,970 and an average price per square foot of $1,300. Located in Murrells Inlet, Condotels at SurfMaster is in the city center and on the beach. Owner financing available beycome. Condotel Mortgage / Condo-Tel Financing / Condops. CONDO SPECIALISTS. Trackback from your site. . Many units are operated with hotel-like amenities including a front desk, activities-concierge services, and regular housekeeping service. com or visit us at Myrtle Beach, situated in South Carolina, will be the perfect choice for you and your family. And we can tell you for a fact, yes you can! Buying a condo in Myrtle Beach can be a good investment in 2023. Popular attractions Blackmoor Golf Club and The International Club of Myrtle Beach are located nearby. Jumbo Loans. N Unit H, Myrtle Beach, SC 29572. Loan Amounts to $417,000. It’s complicated (but we can make it easy for you). . LOCATION. Owner Financing available for qualified buyers. Welcome to Alpha Mortgage, the trusted name in home loans and mortgage solutions. I own a condotel unit in Myrtle Beach, SC and have found that they are not a source of ‘easy money’ based on rental income. Months. However, I'd really like to keep it at the 20% mark. 4800 S Ocean Blvd. Enjoy the. ABC Mortgage Company is located in Myrtle Beach, serving Horry County, Georgetown County along with the rest of the state of South Carolina. Ripley's Aquarium of Myrtle Beach. You can apply online or contact a mortgage specialist for more information. Currently, there are 224 ACTIVE Condo Listings at this time for the Honolulu Condo Hotels for Sale category. You can also use this residence for ready and steady rental income. Quiet cul de sac location. North Myrtle Beach, SC 29582 (843) 444-LOAN (5626) wp@444loan. Wow! I didn't know what that was beforehand and now we can't even use the pre-approved loan to purchase it. Source: activerain. . DrewThese condo hotels in Myrtle Beach have great views and are well-liked by travelers: Hilton Myrtle Beach Resort - Traveler rating: 4. Poster. 107 Toby Ct. Owner Financing available for qualified buyers. You’ve contracted to purchase and now all you have to do is go back to. Condo Financing and Condotel Mortgages. OWNER FINANCING AVAILABLE!!!!! No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy bed-Full Kitchen!! Coral Beach Resort is. 455. The median list price per square foot in Myrtle Beach is $178, which is higher than the Myrtle Beach-Conway-North Myrtle Beach Metro average of $137. November 1, 2023. Many of those visitors that come, buy and sell real estate which generates hundreds of millions of dollars in tax revenue for the state of SC. Buying a condo is a lifestyle choice. Receive the Beach Pro Team’s current list of local condo and. Super comfortable and fully furnished, this u. 3 Beds. Which condo hotels in North Myrtle Beach are good for families?1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. Owner Financing available for qualified buyers. - Homes for sale presented by the Beach Pro Team: 843. Seller willing to owner finance! Introducing this ocean view efficiency condo in the most fun place to stay in Myrtle Beach. Contact CondoLux’s Myrtle Beach Condo Sales Team or call (800) 624-6418, we represent vacation property all over the Grand Strand and your needs will be handled by the best professional who can service your. $590,000. Real Estate Agents Real Estate Buyer Brokers Commercial Real Estate. Condo For Sale $199,900. The Best Courses, The Best Accommodations, The Best Prices. 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. These condo hotels in North Myrtle Beach have great views and are well-liked by travelers: Avista Resort - Traveler rating: 4. Highly likely to recommend Gene Carter has sold five condo's in Myrtle Beach for our partnership in the last 3 years, the last closing 7/1/2020. An. 3 bedroom, North Myrtle Beach SC 29582. $189,000 and up - Condo Hotel. Beach Park Resort - Myrtle Beach Condos for Sale. Various Condotel Projects are popping up in Destin, South Beach, Panama City Beach, Palm Beach and Miami. Fannie Mae does not mind nightly. 37 ACRES. Read More. 2 units occupied and the third is having work done on it now. Condotels International Inc. Department of Housing and Urban Development | 451 7th Street S. For assistance call 843-839-9870 or text STOP to cancel. New Changes To Condo Lending as of Dec 7th, 2020. Reasons To Refinance; Pre-Approval; Unlike hotels, where a corporation owns the whole hotel, in condotels each unit is sold separately similar to a condo. 303% for a 15-year fixed, and 7. Refer to and input NMLS #237341 to see where American Financial Network, Inc. Myrtle Beach - Click Below For Columbia; Columbia, SC - Click Below for Myrtle Beach; 813 2nd Ave N, North Myrtle Beach, SC 29582; M - F 8am -5pm (843) 444-LOAN. Beach Pro Team, Gene Carter REALTOR. Our services encompass condotel loans and loans for non-warrantable condo projects. 1. Welcome to 2500 N Ocean Blvd, this gorgeous oceanfront condo has endless views of the Atlantic Ocean. 9700 Kings Rd. Find the best offers for your search owner financing myrtle beach. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. 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. We have a list of the best greens in the state and country. especially in a popular tourist destinations like Myrtle Beach. - Homes for sale presented by the Beach Pro Team: 843. Come and. Stay at this business-friendly hotel in Murrells Inlet. . Most posts I've seen on this topic are old. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. Call ☎ (800) 697-4371. 5/5. . Staybridge Suites Myrtle Beach-West: 303 Fantasy Harbour Blvd. Financing/Investment. Units require at least a true 1 bedroom. More Details. 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. Check your spelling. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. 18, 2009. There is no maximum loan size on Condotel Financing Mortgage Loans. 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. A 10% downpayment is required and there are no prepayment penalties. There are 1,691 properties for sale in the city of Myrtle Beach . (866) 803-2853. The HOA will have to have hurricane (also known in SC as wind & hail), traditional hazard (fire usually), and flood insurances. info@afbcarolinas. $350,000. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking. We’d like to buy stock in the company that charges 40% less expenses on someone else’s investment. Top Rated. Colorado Springs CONDOTEL Financing. 13 Myrtle Beach Boardwalk Condos for Sale. Call Us: (843) 839-2430. 1% over the past year and Zillow predicts they will fall -2. 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. Myrtle Beach, SC. The units are individually owned. The units are individually owned. Stay in touch with us at 843-999-0575 or email. FOR SALE BY OWNER 0. Destin, Miramar Beach, 30A and Panama City Beach Fl Condo Financing Questions. Myrtle Beach SC. 1 bedrooms. ) Purchase, R&T and C/O Refinance; Full Documentation Only; 680 FICO Minimum; Fixed 30 & 15; ARM: 3/1, 5/1, 7/1; 80% LTV to $625K max. . Investment property loans Commercial & Residential Condo Hotel Loans. 455. 1 Baths. . Seller will provide a generous painting allowance. 4785 - Posted 3 years ago. Department of Housing and Urban Development | 451 7th Street S. Financing/Investment. condotel financing situation is “as good as it gets!” A little-known “secret” is that condotels (condos in developments with check. Thanks so. Also, STR properties (rental terms of less than 90 days) must be registered with a $1K initial registration fee, and a $500 annual renewal fee. 6813 Porcher Dr Unit 14, Myrtle Beach, SC 29572. Now we’re seeking a publicly traded condotel management company. (843) 945-1880. 20%. 00, with the average rent median estimated to be $1,250. Coral Beach is an award winning oceanfront resort with excellent rental income! This oceanfront one bedroom has. 1515 Hwy 17 S, North Myrtle Beach, SC 29582; 843-249-6317; ScottTodd@allstate. For monthly updates on current listings and new closed sales, sign up for our Myrtle Beach North End Oceanfront Real Estate News, one of the 50 versions of our e-newsletter. net. Financing for Condos. South Bay Inn & Suites: 520 N. Nov 3, 2019 - Are looking to purchase a condo in Myrtle Beach, SC not knowing the difference is between a condotel and a condo and why it's important and really mattersIt is also just a short drive away from hundreds of restaurants, shops and other attractions. High LTV and Interest-Only Options. A condotel owner purchases a unit within the property and uses it as a second home or vacation spot. 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. 1105 S Ocean Blvd. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. Many of those visitors that come, buy and sell real estate which generates hundreds of millions of dollars in tax revenue for the state of SC. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. 1003 S Ocean Blvd. Condo in Myrtle Beach. . Unit 5, Myrtle Beach — Birch N' Coppice $275,000. Ocean Blvd. Contact Information. Hard Rock Cafe Myrtle Beach. 455. Every lender has its own lending requirements on condotel financing. Unit 420, Myrtle Beach — Coral Beach $155,000. 2000 Highway 17 S. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. 1 bed. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 5/5. Breakers Resort - Myrtle Beach Condos for Sale. Licensed SC Realtor for more than 35 years !!Does anyone have any advice or gotchas to look out for when buying a beach condo in a hotel to use as a rental unit with the hotel managers onsite? Think myrtle beach type rooms.