$519,000

5511 N Ocean Blvd Unit 1802 Myrtle Beach, SC 29577

$6,163
Closing credit¹
3 beds
2 full, 1 partial
1,552 sqft
$334 / sqft
Condo

Property details

About 5511 N Ocean Blvd Unit 1802

This turnkey vacation rental is less than 100 steps to the beach and will be a fantastic addition to your investment portfolio. Looking for a second home or primary residence instead? This unit is perfect for full-time living and is so spacious, it's hard to believe it is even a condo. Located in the highly sought-after Golden Mile of Myrtle Beach, within the exclusive Cabana District, this 3-bedroom, 2.5-bathroom updated Penthouse unit offers unobstructed south-facing ocean views that stretch for miles. This view is so unique, many owners won’t even consider selling because there’s nothing else like it on the beach! Featuring an open-concept living area with floor to ceiling windows, fireplace and wet bar, modern kitchen, and beautifully updated baths, this fully furnished penthouse blends luxury with coastal comfort. Enjoy your morning coffee or evening wine on the private balcony which is situated so it offers both sunrise and sunset views. The spacious master suite also offers the same breathtaking views, an en-suite bath with spa inspired tiled shower, and a walk-in closet. Two additional bedrooms provide room for family or guests, making this property perfect for both personal use and rental potential. It includes a washer and dryer in the unit but there is also a coin operated laundry onsite if ever needed. Forest Dunes also has a lazy river, indoor & outdoor swimming pools, hot tub, gym and even has an onsite beachside restaurant. As a proven self-managed vacation rental, this penthouse is a turnkey investment opportunity with a strong rental history. Guests love the privacy of the penthouse setting, direct beach access, and close proximity to the best dining and entertainment Myrtle Beach has to offer.

Highlights

Home typeCondominium
HeatingCentral
StatusAccepting Backup Offers
(Active Under Contract)
CoolingCentral Air
Size1,552 sqft
Year built1985
ParkingDeck
MLS #2420891
ViewOcean

Summary

  • MLS Number: 2420891
  • MLS Name: CCAR
  • Office Name: NextHome The Palmetto State
  • Office Phone: (843) 390-4663
  • Office Email: sandra.cribb@yahoo.com

IDX Provided courtesy of © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 3:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space

$519,000

5511 N Ocean Blvd Unit 1802

$6,163

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

Myrtle Beach Elementary School

Public District 3-5

1.7 mi

690 33rd Ave N

9

Ocean Bay Elementary School

Public District PK-5

3.3 mi

950 International Dr

7

River Oaks Elementary School

Public District PK-5

3.7 mi

700 Augusta Plantation Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $95,205. The most common annual income of people living in Myrtle Beach, SC is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

11%
<35k
43%
35k-100k
30%
100k-200k
16%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
4%
Single, with Kids
38%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
7%
12-17 yrs old
12%
18-34 yrs old
48%
35-64 yrs old
25%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • LincolnLincoln
  • MazdaMazda
  • BMWBMW

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Myrtle Beach, SC

About 5511 N Ocean Blvd Unit 1802

This home is located at 5511 N Ocean Blvd Unit 1802 in Myrtle Beach, SC and zip code 29577. This 1,552 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $519,000.

In January 2025, from all listings sold in Myrtle Beach, SC there were more than 17 sold above asking price, over 211 sold below and more than 50 were sold right at the asked price. The number of homes for sale in Myrtle Beach, SC increased by 5.7% between December and January 2025. The median list price of listings available in January 2025 was $325,031, while the average time on the real estate market was 128 days.

From Rocket Homes Real Estate and based on county public records data.

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