I. 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. Unit 50905, Myrtle Beach — Sea Mist $47,000. As far as the technical difference goes, if there’s a nightly rent and there’s a check-in desk, it’s a condotel. Call Us: (843) 839-2430. Condo hotels are without doubt the most intelligent investment I've ever undertaken, and this investment has helped with some significant returns. Or you can find a $1. 18, 2009. . com to schedule your consultation. Current condo mortgage rates. CENTURY 21 THE HARRELSON GROUP. Read More. Condotel-Loans Condotel Loan. 36 homes. ALL this beach has to offer!!!!This owner financing home is a townhouse or condo located in MYRTLE BEACH. It sounds like Vegas. 1207 S Ocean Blvd. 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. Sand Dunes Resort Condos For Sale. 29577, Myrtle Beach, Horry County, SC. First Last. Com Listing ID: bey15047---. Columbia, SC 29210. Best Western Ocean Sands Beach Resort - Traveler rating: 4/5. The Atlantic Beach Town Council will soon take a final vote to rezone land for the $80 million project. 2023. Call ☎ (800) 697-4371. But what is a condominium hotel or condotel? A condo-hotel is a new trend in the Myrtle Beach. This unit is at the Atlantica Resort, which is centrally located in Myrtle Beach and within close proximity to the boardwalk, sky wheel, and Myrtle Beach convention center. See BBB rating, reviews, complaints, contact information, & more. #7 of 8 condos in Garden City Beach. Enjoy the. . 1105 South Ocean Blvd, Myrtle Beach, SC 29577. Sqft, n/a. Bedroom in Myrtle Beach SC. 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. Get in touch with a North Myrtle Beach real estate agent who can help you find the home of your. November 30, 2023. Former Atlantic Beach town manager William Booker, who owns the 3310 Highway 17 S. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. - Homes for sale presented by the Beach Pro Team: 843. 813 2nd Ave N. A 10% downpayment is required and there are no prepayment penalties. Take in a foot-stomping show at the Carolina Opry, or cheer on your favorite knight at Medieval Times. - Homes for sale presented by the Beach Pro Team: 843. Powered By Inquiries. Stay in touch with us at 843-999-0575 or email. $350,000. Website. $379,800. 720 sqft. U. is. North Myrtle Beach is located in the area of South Carolina known as the Grand Strand. NMLS #5645 These programs are available to only qualified borrow1105 S Ocean Blvd. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. Discover genuine guest reviews for Condotels at Coldstream Cove along with the latest prices and availability – book now. *A $250 refundable cash security deposit is required upon check-in for this unit type. Then there is an HO-6 policy, which is a small interior (walls in) policy you’ll. Brighton Tower Overview. Generally speaking, only lenders with in-house programs designed for condotels can finance condotels. Boardwalk Oceanfront Tower - Myrtle Beach Condos for Sale. 20% “Regular” condos. His knowledge and expertise is second to none. Regarding how you like to bank, we know one size doesn’t always fit all. 2 Baths. Sometimes one size doesn’t always fit all. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. Golf colony resort 5p. 2318867 MLS. 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. Lauderdale, FL, etc. Condotel-Loans Condotel Loan. Investment property loans Commercial & Residential Condo Hotel Loans. (843) 444-LOAN (5626) [email protected] Reconsider the ‘Condotel’. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. TRUE Private Money! Close in as little as 10 Days, No FICO Min. 991 38th ave n, myrtle beach, sc, 29577. Trackback from your site. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. (843) 444-LOAN (5626) wp@444loan. info. Even if we can’t help ourselves, we may be able to point you in the right direction. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». Condotel Financing Guidelines. Owner Financing available for qualified buyers. You can also use this residence for ready and steady rental income. Unit 839/840, Myrtle Beach $299,900. 1 Baths. 504 North Ocean Blvd #310, Myrtle Beach, SC 29577. Written by jpinkas on August 17, 2018. Don't. Available 7 Days/Week MON - FRI 8am - 7pm SAT - SUN 10am – 6pm Call us (407) 955-4575. 455. 2ba. can be an exciting and profitable venture, especially in a popular tourist destinations like Myrtle Beach, SC, Charleston, SC Ft. It’s complicated (but we can make it easy for you). Financing/Investment. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Beach Cove Resort North Myrtle Beach. 3 baths. Condotel Mortgage / Condo-Tel Financing / Condops. 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. Whether it is the beautiful accommodations, fantastic food, or full amenities, Coral Beach Resort and Suites has it all. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. 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. 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. 426% for a 30-year fixed, 6. $364,900 USD. Condotel loans are available for up to $1. High LTV and Interest-Only Options. Maximum 75% LTV. UNIT #242 Myrtle Beach in A Place At the Beach IV Shore Drive - View all 24 photos. Myrtle Beach, SC 29579; Office: 800. THE EPITOME OF A LUXURY GOLF VACATION. - Homes for sale presented by the Beach Pro Team: 843. 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. 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!!. Condotels are condos that are run as resort properties and offer amenities such as check-in desks, maid services, room service, etc. N Unit 1025, Myrtle Beach — Sand Dunes Phase Ii $214,500. I hear countless stories of confusion and people being ripped off by real estate agencies, who don’t have. 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,. A: 1515. Here are the highlights of our Condotel program: Borrowers must have a minimum credit score of 680. Take a lesson or enjoy a tournament. 2 bedrooms. Individual owners have units, but they have. Investment property loans Commercial & Residential Condo Hotel Loans. 1 Beds. Foreign National Loans. This is a dramatic way of saying that these types of structures cannot be financed through fannie mae or freddie mac. Condotel Financing Florida Mortgage Rates; Today's Condotel Florida Mortgage Rates; Live Condotel Mortgage Rates. Destin, Miramar Beach, 30A and Panama City Beach Fl Condo Financing Questions. Trackback. 3 Baths. Great location!!!! just minutes from the beach, broadway at the beach, tons of dining options and golf courses. Are You or Your Spouse 62 Years of Age or Older? 3. 00. Financing is available when you are looking to purchase a unit in a condotel but it is often more limited than when looking at other properties, including standard condos. IN the new home financing landscape created in this recession, certain categories of high-rise development are apparently. What a unit owner owns is typically different than what a unit owner owns in a typical. The house always wins. Condo hotels are without doubt the most intelligent investment I've ever undertaken, and this investment has helped with some significant returns. 18, 2009. I am a realtor who owns bluewater properties and i specialize in myrtle beach ocean front condos. Prestwick, SC Home for Sale. Pick the perfect place where watching the ocean from your balcony completely soothes your soul and encourages you to sit for hours and meditate. 5/5. We consider loan-to-value ratios of up to 65%. Myrtle Beach. 1,654 sq ft. 107 Toby Ct. W. Condo For Sale In Myrtle Beach, South Carolina. 4817 Magnolia Lake Dr #301, Myrtle Beach, SC 29577. The units are individually owned. I just got back from Myrtle Beach SC and I'm ready to purchase a condotel. North Myrtle Beach, SC 29582. RE/MAX SOUTHERN SHORES NMB. Bella. Condotel loans are available for up to $1. Office: 800-872-4488. It offers in size, 1 beds and 1 baths. Doug Shaw Memorial Stadium. . 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. ft. 5 million dollar two bedroom, two bathroom oceanfront condotel unit in Hawaii. $159,900. 955 Condos For Sale in Myrtle Beach, SC. (843) 272-8400. Help getting approved for a mortgage loan for a condo in Myrtle Beach SC (Also applies to all condos in SC). South Bay Inn & Suites: 520 N. 2ba. 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. November 1, 2023. 3500 N Ocean Blvd. CONDO RESOURCES. The list is categorized by the types of loans each lender can provide and includes the lender's name, phone number, email and website. 2nd Bedroom: 2 double beds, attached bath. Financing/Investment. 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. 161 Seawatch Drive, Myrtle Beach, SC. Even if you wanted to buy into a condotel today, it’s doubtful you could find a bank that would finance this loan. Myrtle Beach condotels are also a much better investment than timeshares, as timeshares are hard to sell, while condotels are in demand. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. Beach Cove Resort - Traveler rating: 4/5. 974% for a 5-year adjustable-rate mortgage (ARM). Unfortunately, your hometown lender is not going to have such a program but the lenders on. The Grand Strand is known for its famous golf courses and country clubs. A condotel is just what it sounds like—a cross between a condominium and a hotel. $242,900. Come and. it's equipped with all. . 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. net. CONDO RESOURCES. Beautiful, two bedroom two bathroom, direct oceanfront condo near the end of the building on the south side of The Jasmine tower in North Beach Resort. We also offer our Condo/Condotel Lender List and Closed Sales Histories. 4785 - Posted 3 years ago. An. com. com (800) 697-4371. Direct oceanfront corner lockout now available at Boardwalk Beach Resort in the heart of Myrtle Beach! This renovated, turnkey 2 bedroom, 3 full. Give us a call 843-839-9870. Financing/Investment. Myrtle Beach, SC 29579; Office: 800. Condos for Sale: Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild Dunes Condos Charleston Condos. Financing/Investment. A condotel is just what it sounds like—a cross between a condominium and a hotel. If you're looking for monthly condo rentals in Myrtle Beach, SC, book today with Condo-World! Arrive. Loan Amounts to $417,000. com; Mon-Fri 8am - 5pm Sat-Sun Closed; Car Insurance; Home Insurance; Life Insurance; Motorcycle Insurance; Condo & HO6; Flood Insurance; Golf Cart Insurance; Renter's Insurance; Contact Us. 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. 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 Park Resort - Myrtle Beach Condos for Sale. Condotel properties must have a full. 4066-C Taranto Loop UNIT 5203-C Myrtle Beach in Bella Vita Garden Homes - View all 22 photos. Located on the 10th floor in the Palmetto building, this. 2 bedroom, Wildwood Crest NJ 08260. We also offer our Condo/Condotel Lender List and Closed Sales Histories. SEARCH OUR SITE. * Infinity Pool &. 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 voted BEST RESORT ON. 6813 Porcher Dr Unit 14, Myrtle Beach, SC 29572. 9700 Kings Rd. $239,900. Unlike other real estate sectors, which are suffering from capital and financing problems, the market for condotels was flat-out overbuilt — and that takes years to correct. Now we’re seeking a publicly traded condotel management company. 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. Colorado Springs CONDOTEL Financing. $590,000. 596 sq ft. RDunn@remn. User Stats. 4817 Magnolia Lake Dr APT 301, Myrtle Beach, SC 29577. Unit owners also have the option to place their unit in the hotels rental program where it is rented out like any other hotel room. 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. The Ashworth Resort 102 N Ocean Blvd North Myrtle Beach, SC. Now we’re seeking a publicly traded condotel management company. 3 beds. Condotel financing cannot be financed through conventional loans. Investment property loans Commercial & Residential Condo Hotel Loans. This unit features a full kitchen equipped with a full size fridge, rang. 1890 Auburn Ln, Myrtle Beach, SC 29575-5198. 455. Oceanfront Condo - North Myrtle Beach, SC Home for Sale. CONDO FINANCING. 1003 S Ocean Blvd. Live like a pampered guest in a Honolulu. 3 Baths. Click on the green tabs at the top of this page for Floor Plans (floor plans, site plans, numbering grids), Current Listings (all active and pending) and more. 455. Long-Term Fixed or ARM Rates. 2 Bed. (843) 315-2535. 2013 New Condotel Financing; Loan Process. 1 Beds. Setup fee. ABC Mortgage Company is located in Myrtle Beach, serving Horry County, Georgetown County along with the rest of the state of South Carolina. Financing/Investment. 1 Bed. Click here to get started or call our main branch (866) 418-9219 to speak to a CCNB mortgage specialist. We also offer our Condo/Condotel Lender List and Closed Sales Histories. In the 1960s, Folly Beach was quite a tourist destination and a new Oceanfront Plaza was built to replace the Oceanfront Hotel and Pavilion, which burned down in 1957. especially in a popular tourist destinations like Myrtle Beach. - Homes for sale presented by the Beach Pro Team: 843. 12230 World Trade Drive Suite 250 San Diego, CA 92128. Individual owners have units, but they have. Welcome to this fully furnished, 1 bedroom 1 bathroom oceanfront condo in the Coral Beach Resort. Owner Financing available for qualified buyers. Financing/Investment. 2 bedrooms. 386 sqft. Print . 475 sq ft. Unit 5, Myrtle Beach — Birch N' Coppice $275,000. Find oceanfront condos for sale in Myrtle Beach, SC like a real estate agent! Exclusive access to condominium listings near the ocean in Myrtle Beach, South Carolina!Myrtle Beach. . JLL, a Chicago-based global real estate company, announced Oct. Condo hotels are typically high-rise buildings developed and operated as luxury hotels, usually in major. Myrtle Beach is all at once a spring break destination, golfing destination, retirement community, and family vacation spot. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». North Myrtle Beach, SC 29582. 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. Investment Property - Myrtle Beach, SC Home for Sale. Bluewater Resort - Myrtle Beach Condos for Sale. VA Loans. Every lender has its own lending requirements on condotel financing. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront. 4712 Cobblestone Dr APT K-3, Myrtle Beach, SC 29577. Camelot By The Sea - Myrtle Beach Condos for Sale. Our. Receive the Beach Pro Team’s current list of local condo and. ) 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. Island Vista Oceanfront Resort - Traveler rating: 4. Coral Beach Bldg. 813 2nd Ave N. Sheraton Myrtle Beach Convention Center Hotel. These rentals, including the outside marketing of them, are handled directly by the management company. The team at Gustan Cho Associates are specialists in condotel financing in Florida and. Forums > South Carolina > Myrtle Beach - Conway area: Condotel purchase on the beach - Myrtle Beach User Name: Remember Me: Password. Call ☎ (800) 697-4371. Fast Closing and Flexible Underwriting. Units require at least a true 1 bedroom. Florida for $50,000 close by the beach. facebook; linkedin;. 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. 1 Baths. Page 2Pamela D. condo with a list price of $214900. 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. 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. 7, 2023. 1% over the past year and Zillow predicts they will fall -2. 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. In all states, the principal licensed office of American Financial Network, Inc. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages. 475 sq ft. Call ☎ (800) 697-4371. Call ☎ (800) 697-4371 info@afbcarolinas. Condotel Mortgage Rates; Florida Condotel. 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. Do You Own Your Home? 2. The units are located within a building that has the amenities of a hotel, including a front desk as well as a cleaning staff. 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. Bay View Resort. Common questions are answered to help inform you about the way our ocean front condo market operates. North Myrtle Beach, SC 29582. condotel financing situation is “as good as it gets!” A little-known “secret” is that condotels (condos in developments with check. It was completed in 2000. 2300 N Ocean Blvd. 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. $189,000 and up - Condo Hotel. 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. com. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. Unit 839/840, Myrtle Beach $299,900. 7. The dog-friendly winter rentals are available at reduced off-season rates. Had some noise complaints the first night but they where delt with. Beach Colony. The Caravelle Resort: 6900 N. Featured Resorts in Myrtle Beach, SC Bay View Resort. These condo hotels in North Myrtle Beach have great views and are well-liked by travelers: Avista Resort - Traveler rating: 4. Get the scoop on the 1474 condos for sale in Myrtle Beach, SC. . . Minimum down payment of 15%.