A: 1515. Regarding how you like to bank, we know one size doesn’t always fit all. Personal Banking. A: 1515. Financing for Condos. Now, with a population of 30k permanent residents and. is. The Grand Strand is known for its famous golf courses and country clubs. 32 days on Zillow. Search our selection of vacation condos and homes from Litchfield Beach to the south-end of Myrtle Beach. This one-time fee typically varies anywhere from $250-$500 per unit and it covers the cost of setting up your account with a property management company. Maximum 75% LTV. Patricia Grand Resort Hotel welcomes two dogs up to 20 lbs in designated rooms for an additional fee of $20 per pet, per night (up to $150 per week). 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. 10 days on Zillow. Financing Condos in Myrtle Beach Can Be Tricky. Financing a myrtle beach condotel. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront Full 1 bdrm, 2 Queen Beds Plus Murphy. ) 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. Financing/Investment. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Myrtle Mike Thompson. Another Myrtle Beach hotel with towering views of the Atlantic Ocean is for sale. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. 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. Whether you are looking for exciting watersports or to dance the night away at Broadway at the Beach, The Caravelle. Pet Friendly. North Myrtle Beach, SC 29582. Condotel Mortgage / Condo-Tel Financing / Condops. Welcome. IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. Seller willing to owner finance! Introducing this ocean view efficiency condo in the most fun place to stay in Myrtle Beach. . 2318867 MLS. com. 1105 S Ocean Blvd Unit 832, Myrtle Beach, SC 29577 is for sale. (843) 444-LOAN (5626) [email protected] Reconsider the ‘Condotel’. . 29577, Myrtle Beach, Horry County, SC. 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. 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. 2013 New Condotel Financing; Loan Process. Condotels are condos that are run as resort properties and offer amenities such as check-in desks,. Much nicer than our friends place down the road in ocean village. Owner Financing available for qualified buyers. Currently, the condotel purchase market in South Beach, Panama. I understand the basics, that the are operated like hotels, you have fairly little involvement and after the 60/40 split (on average. 2% within the next year. High rise condos overlooking beautiful stretches of coastal shoreline have long been a favorite type of real estate for second homes, vacation…A 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. 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,. Stay at this business-friendly hotel in Murrells Inlet. 965 Condos For Sale in Myrtle Beach, SC. - Homes for sale presented by the Beach Pro Team: 843. 2 reviews. 455. 29577, Myrtle Beach, Horry County, SC. Currently, the condotel purchase market in South Beach, Panama. , Washington, DC 20410 Telephone: (202) 708-1112 TTY: (202) 708-1455We would like to show you a description here but the site won’t allow us. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Try adding more details such as location. is an equal housing lender. Myrtle Beach, SC 29579; Office: 800. 3 Baths. The Ashworth Resort 102 N Ocean Blvd North Myrtle Beach, SC. Columbia SC. Regarding how you like to bank, we know one size doesn’t always fit all. 12230 World Trade Drive Suite 250 San Diego, CA 92128. A 10% downpayment is required and there are no prepayment penalties. Island Vista Oceanfront Resort - Traveler rating: 4. We also offer our Condo/Condotel Lender List and Closed Sales Histories (Details for every sale since 2009 for over 180 resorts). See BBB rating, reviews, complaints, contact information, & more. 1890 Auburn Ln, Myrtle Beach, SC 29575. Trackback. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. 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. Financing/Investment. 2 Beds. 30-year fixed. Bedroom in Myrtle Beach SC. I know most of them are those condoels which apparently is an old term, but looking for insight. Source: activerain. A condohotel, or a condo hotel as it is also called, is a unique type of residential and rental property. UNIT #242 Myrtle Beach in A Place At the Beach IV Shore Drive - View all 24 photos. There are 2,731 real estate listings found in Myrtle Beach, SC. 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. Welcome to this fully furnished, 1 bedroom 1 bathroom oceanfront condo in the Coral Beach Resort. * Premiere Fitness Center. 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,. which is centrally located in Myrtle Beach and within close proximity to the boardwalk, sky wheel, and Myrtle Beach convention center. 843. $350,000. Seaside Realty Company Broker In Charge, E-Pro Certified. 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. 106 Birch N Coppice Dr. Call ☎ (800) 697-4371. * Conveniently Located near Myrtle Beach & North Myrtle Beach courses & attractions. The financing assumes a 20% down payment and 20-year term. Various Condotel Projects are popping up in Destin, South Beach, Panama City Beach, Palm Beach and Miami. Special offer. North Myrtle Beach, SC 29582. We also offer our Condo/Condotel Lender List and Closed Sales Histories. View property. Breakers Resort - Myrtle Beach Condos for Sale. Read More. (843) 492-4030. 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. Bridge Dale • 2 years ago. Super comfortable and fully furnished, this u. Depart. North Myrtle consists of four beaches -- Windy Hill, Crescent Beach, Ocean Drive. The list is based on the Beach Pro Team's years of experience and expertise in condo financing. It’s a 60-mile stretch of pristine sandy beachfront with phenomenal views up and down the coast. NMLS #5645 ǀ AZ Lender #BK-0906866 #MLB5645 On Q Financial, Inc. Condotel financing terms. ALL this beach has to offer!!!!This owner financing home is a townhouse or condo located in MYRTLE BEACH. Frequency of contact may vary and message and data rates may apply. North Myrtle Beach Branch. Owner Financing Available - Myrtle Beach, SC Home for Sale. APPLY NOW. $242,900. Read More. info@afbcarolinas. For your protection, do not email your Account Number (s) or Social Security Number. LOAN. Whether you're a first-time homebuyer or an experienced investor, our expert team is here to guide you through the mortgage process. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Discover genuine guest reviews for Condotels Golf Colony along with the latest prices and availability – book now. Pre-Sale Studio and 1 Bedroom Orlando Condo Hotel. 10% Down Payment. See pricing and listing details of Daytona Beach real estate for sale. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. The residents of South Carolina pay an average of $579 per year for condo insurance for a coverage level of $60,000 for personal property, $300,000 for liability protection with a $1,000 deductible. Leave a Review/Comment Cancel reply. The Ashworth Condos For Sale. Apply for a Condotel Loan in Miami Through Lending Bankers Mortgage. Myrtle Beach, a scenic oceanfront community in South Carolina, offers both guests and residents miles of beaches, inland waterways, more than 100 golf courses, and activities for all ages. . There is no maximum loan size on Condotel Financing Mortgage Loans. The Best Courses, The Best Accommodations, The Best Prices. UNIT 103-A North Myrtle Beach in Ocean Winds - Nmb - View all 26 photos. This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. It sounds like Vegas. W. 1321 S Ocean Boulevard, North Myrtle Beach, SC 29582. The major difference between a condo and a condotel is that short term, nightly rentals are available in the latter. ALL this beach has to offer!!!!This owner financing home is a townhouse or condo located in MYRTLE BEACH. Written by Jerry Pinkas on June 8, 2018. In November 2023, the average monthly cash on cash return in Myrtle Beach is 3. Many national, big named banks will not finance a condotel. Myrtle Beach, SC 29572Apache CampgroundResidential. Come and. . 2 Baths. 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. (843) 628-3604. Toll Free: 1-888-667-1772. 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!!. MORTGAGE CALCULATOR. Full pet policy & more. 386 sqft. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. 2 units occupied and the third is having work done on it now. 5/5. . (843) 272-8400. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages. 5/5. LendSure Mortgage Corp. 1105 S Ocean Blvd. 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, bedding, furniture, bed, and. - Homes for sale presented by the Beach Pro Team: 843. - Homes for sale presented by the Beach Pro Team: 843. can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach, SC, Charleston, SC Ft. On a case by case scenario, even if the rental income is claimed on the schedule E, the property can be classified as a second home. If you decide to invest in a short-term rental property in a condotel, here are four tips for getting started: 1. A condominium hotel, sometimes called a condotel, is a condominium but operated and managed like a hotel. Portfolio Financing for Condos and Condotels. We were considering buying a condo tell in Myrtle Beach till we learned the rental split was 60/40. - Homes for sale presented by the Beach Pro Team: 843. 1 Bed. Prestwick, SC Home for Sale. 161 Seawatch Drive, Myrtle Beach, SC. If you’re submitting a credit card application electronically via this inquiry form, please leave that field blank and a CCNB representative will contact you once they’re in receipt. 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. Condotel Financing – As Good As It Gets? Newsletter – July 2013 Loans made or arranged pursuant to California Financing Law. 4 bedrooms. #7 of 8 condos in Garden City Beach. Adam Benson The Sun News. One Ocean Place is a highly sought after condominium complex in Garden City Beach. The list is categorized by the types of loans each. $242,900. Mortgages. The Caravelle Resort: 6900 N. It is similar to a hotel in that many times the building actually looks like a hotel, but each individual unit is. . com or visit us at Myrtle Beach, situated in South Carolina, will be the perfect choice for you and your family. 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. net. We also offer our Condo/Condotel Lender List and Closed Sales Histories. 1 bd; 1 ba; 537 sqft - Condo for sale. A Condotel Loan (condo hotel, condo-tel, Condo Hotel Financing, etc…. Subject property needs to be 100% residential (or livable) The units need. Condotels International Inc. Qualification based on Property Income, Not Your Income. NEW - 4 HRS AGO FOR SALE BY OWNER. So if you're also looking to invest, condo hotels are a pretty decent option, in my opinion. The money you make from the rental can help you offset some of the costs and often create extra revenue. 00 or as much as $3,360. info. Patricia Grand Resort Hotel. Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage. 2 Beds. Find out everything you need to know about Condotels. 1909 Hwy 17 S North Myrtle Beach in Causey's Mobile Home Park - View all 20 photos. Your email address will not be published. Now we’re seeking a publicly traded condotel management company. Dec. Myrtle Beach in Crystal Lake - View all 2 photos. Barefoot Commons Branch. Individual owners have units, but they have. Blissful Mortgage Condo loans. All Waikiki Banyan and Waikiki Sunset condos are legal STRs subject to the terms of Bill 41. Sea Mist offers indoor & outdoor pools, a large water park, hot tub/spa, wading pool, lazy river, sun decks, mini golf, 90 seat movie t. Located on the 10th floor in the Palmetto building, this. 455. Roy Dunn – Coastal Financing Guru. Touch device users, explore by touch or with swipe gestures. The project. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. LOCATION. NEW - 4 HRS AGO FOR SALE BY OWNER. Learn how to finance a condotel in Myrtle Beach SC with local mortgage lenders and experts. Investor. Owner financing available beycome. com. Golf colony resort 5p. 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. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific. This is a Condotel, and you must abide by the Wildwood Crest Ordinance which is located in Associated Docs. IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. And that. View our MLS Listings and find your dream vacation condo, beach house, or investment land in Myrtle Beach 1-844-339-87661515 Hwy 17 S, North Myrtle Beach, SC 29582; 843-249-6317; ScottTodd@allstate. - Condo for sale. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. If you think that condotel ownership may be for you, we can help you apply for competitive condotel financing in Miami or the surrounding region. Posted in 2021, Myrtle Beach Real Estate, Myrtle Beach Rental Property. 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. Had some noise complaints the first night but they where delt with. View 1276 homes for sale in Daytona Beach, FL at a median listing home price of $285,000. For assistance call 843-839-9870 or text STOP to cancel. Located on a very quiet street. 345 sq ft. Receive the Beach Pro Team’s current list of local. . 4. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. 5 million dollar two bedroom, two bathroom oceanfront condotel unit in Hawaii. com (800) 697-4371. Colorado Springs CONDOTEL Financing. 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. North Myrtle Beach, SC 29582. More Details. 20% “Regular” condos. Specific property information is deemed reliable but is not guaranteed. ft. Owner Financing available for qualified buyers. CONDO SPECIALISTS. Are You or Your Spouse 62 Years of Age or Older? 3. 1003 S Ocean Blvd. Asset Depletion. Amenities Photos Map View Reviews FAQs. An. $350,000. 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. North Myrtle Beach, SC 29582 (843) 444-LOAN (5626) wp@444loan. Financing/Investment. $189,000 and up - Condo Hotel. 1905567 MLS. Sometimes one size doesn’t always fit all. . Condotel Loans. Unit 420, Myrtle Beach — Coral Beach $155,000. 4785 -. Popular attractions Grand Theatre and Magnolia Lake are located nearby. Investment property loans Commercial & Residential Condo Hotel Loans. 2023. Get in touch with a Myrtle Beach real estate agent who can help you find the home of your dreams in Myrtle Beach. Owner financing available! No hassels with condotel financing! Direct Oceanfront Efficiency Unit. Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all. Bay View Resort. (843) 945-1880. Condotel-Loans Condotel Loan. Most posts I've seen on this topic are old. 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. 1,654 sq ft. An agent at Better Homes and Gardens Real Estate Elliott Coastal Living can help you look for your beach property today. Setup fee. Low-Down-Payment loans : FHA. Embrace the true meaning of a Coastal Living lifestyle with these beautiful New Construction Villas, about 1 Mile to the Beach and move in ready! Visit our Fur. Let’s assume that the cost to purchase a condo is $250,000, in order to break even the hotel would need to charge $250 per night for your condo and rent out at least 60% of the time. I hear countless stories of confusion and people being ripped off by real estate agencies, who don’t have. Discover genuine guest reviews for Condotels at Coldstream Cove along with the latest prices and availability – book now. Even if you don’t fall into one of these categories but still need a mortgage, reach out for a conversation to see if we can help. Marriott's OceanWatch Villas at Grande Dunes - Traveler rating: 4. Condo For Sale In Myrtle Beach, South Carolina. com. 4785 -Campobello, South Carolina 1 contribution 1 helpful vote. TRV69857---. Investment property loans Commercial & Residential Condo Hotel Loans. A condotel is just what it sounds like—a cross between a condominium and a hotel. Blissful Mortgage is your Condo Mortgage loan experts with 17 years of experience. . . You’ve contracted to purchase and now all you have to do is go back to. CCNB offers special rates and terms for condotels in the Myrtle Beach area. Myrtle Beach condotel financing guidelines made easy Our flexible options and expert guidance ensure a seamless experience. Myrtle Beach Oceanfront Condotel STR Case Study. Brittany Baker Poster Pro. View 24 photos of this 2 bed, 2 bath, 1045 sqft. 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. Good value. The Atlantic Beach Town Council will soon take a final vote to rezone land for the $80 million project. Owners used as 2nd home. Grand Theatre and Art Museum of Myrtle Beach are cultural highlights, and some of the area's attractions include SkyWheel Myrtle Beach and Wild Water and Wheels. Or you can find a $1. Amenities are plentiful and include three outdoor pools, oceanfront whirlpools, a kiddie pool, and a 350-foot. To view info on hundreds more resorts, go to our. Owner Financing available for qualified buyers. Website. 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. Myrtle Beach, SC 29579; Office: 800. 1 bathrooms. Suggestions on loan resources for condotels in the Myrtle Beach area? Give us a call Jerry Pinkas Real Estate Experts 843-839-9870. com. A list of local lenders and contacts who can provide traditional financing for condos and condotels in Myrtle Beach, SC. 219 Camber Rd, Huger, SC 29450. Unit 420, Myrtle Beach — Coral Beach $155,000. Categories > Condo Hotels for Sale in Waikiki. Unit 50905, Myrtle Beach — Sea Mist $47,000. Coral Beach Features and Amenities. Source: acmg. 1st Bedroom: 1 king bed, attached bath. PRIME DIRECT OCEANFRONT 1 bedroom 1 bathroom furnished unit for sale in Dunes Village Resort. I found Condotel Financing at competitive rates Types of Mortgages Available Principle & Interest Mortgage Options. 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 continually v Contact Us. 18, 2009. Wow! I didn't know what that was beforehand and now we can't even use the pre-approved loan to purchase it. Best Western Ocean Sands Beach Resort - Traveler rating: 4/5. Direct oceanfront corner lockout now available at Boardwalk Beach Resort in the heart of Myrtle Beach! This renovated, turnkey 2 bedroom, 3 full bathroom condo can accomm. 3 Beds. 955 Condos For Sale in Myrtle Beach, SC. 2000 Highway 17 S. 1 Baths. Receive the Beach Pro Team’s current list of local. . 1105 South Ocean Blvd, Myrtle Beach, SC 29577. Call ☎ (800) 697-4371. For monthly updates on current listings and new closed sales, sign up for our Surfside Real Estate News, one of the 50 versions of our e-newsletter. 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. 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. Receive the Beach Pro Team’s current list of local condo and. 08260, Wildwood Crest, Cape May County, NJ. Click on any of the resorts below for current listings, floor plans, numbering grids, overviews, lists of amenities, and pictures - over 90 oceanfront and resort condo developments in. 813 2nd Ave N. 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,. Our Mortgage Experts. W.