com (800) 697-4371. Contact us today and let Alpha. The units are individually owned. 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. 2ba. No Need For Traditional Condotel Financing Hassles! Direct Oceanfront. Non-Warrantable Condos. W. 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. More Details. ★THE BEST location: mere steps to the beach, walkable to the famous Myrtle Beach Boardwalk, minutes from hundreds of shops, restaurants + attractions ★Spend time w/friends in the 16-person HOT TUB ★Seasonal beachfront pool bar, indoor/outdoor pool decks, hot tubs, lazy river ★FAMILY: Board games, pack n play,. 2318867 MLS. Sqft, n/a. The money you make from the rental can help you offset some of the costs and often create extra revenue. Coral Beach Features and Amenities. 1890 Auburn Ln, Myrtle Beach, SC 29575-5198. . . S - Koa Campground in Myrtle Beach - 2 bd 2 ba 0 ½ ba. 7/03/2020 - Zillow. By Adam Benson. 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. 1210 Absolute Beach. Myrtle Beach SC. We have a list of the best greens in the state and country. Questions: 803-998-1000. Prestwick, SC Home for Sale. 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. Borrowers can also email me at gcho@gustancho. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. 18, 2009. Mingle with the fishermen of Springmaid Pier, then stop for ice cream along the boardwalk. (866) 803-2853. Condos for Sale: Condos for Sale • Little River Condos • Myrtle Beach Condos • Mt Pleasant Condos • Isle of Palms Condos • Wild Dunes Condos Charleston Condos. A condotel is a. Drew CCNB offers special rates and terms for condotels in the Myrtle Beach area. Financing/Investment. However, securing financing for such a unique property can be a complex process. facebook; linkedin;. There are 630 real estate listings found in North Myrtle Beach, SC. Myrtle Beach condotel financing guidelines made easy Our flexible options and expert guidance ensure a seamless experience. UNIT #406 North Myrtle Beach in Beach Cove - View all 40 photos. CCNB offers several flexible checking and savings accounts so you can live on your own terms and find an account that suits you best. 7. Contact Information. Show more. Unit 420, Myrtle Beach — Coral Beach $155,000. Many property owners also use their Myrtle Beach condotel for personal use. Many units are operated with hotel-like amenities including a front desk, activities-concierge services, and regular housekeeping service. info@afbcarolinas. 5/5. 29577, Myrtle Beach, Horry County, SC. Here are the highlights of our Condotel program: Borrowers must have a minimum credit score of 680. 2500 N Ocean Blvd. More Details. 1601934 MLS. com. 345 sq ft. location of a barber shop, has sued a candidate running for council on Nov. 9. This unit features a full kitchen equipped with a full size fridge, rang. Condotel loans are available for up to $1. Welcome to this fully furnished, 1 bedroom 1 bathroom oceanfront condo in the Coral Beach Resort. 904 62nd Ave. Posted Mar 20 2023, 12:00. 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. 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. For those who need condotel financing, please contact us at Gustan Cho Associates at 262-878-1965 or text me on my cell for faster response at 800-900-8569. Investor. Frequency of contact may vary and message and data rates may apply. Fast Closing and Flexible Underwriting. A condotel allows you to be an owner without the stress of maintenance. A perfect beach retreat, Heron Pond is a condo complex on the north end of Myrtle Beach and a short walk to the ocean. 455. Just as importantly, you should know that loans for condos usually come with slightly higher interest rates. 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. 4785 -Campobello, South Carolina 1 contribution 1 helpful vote. Welcome to your dream home at Apache Campground! This beautiful, new home is situated on a corner lot and offers plenty of space. A condotel combines short-term living units like a hotel and ownership units like a condo. The team at Gustan Cho Associates are specialists in condotel financing in Florida and. Today’s mortgage rates in Myrtle Beach, SC are 7. UNIT #103 North Myrtle Beach in Ocean's Edge Townhomes - View all 38 photos. APPLY NOW. 1 bath. 2 Baths. 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. 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. 4800 S Ocean Blvd. 4785 - Home; Search MLS. 2. When this occurs, we can offer. 4785 - Posted 3 years ago. I know most of them are those condoels which apparently is an old term, but looking for insight. A: 1515. Explore our range of condotel financing solutions designed to simplify your investment journey Flexible Condo Hotel Loans. 1 Beds. Unit 1002, Myrtle Beach — The Palms $549,999. 0. LOCATION. Apply. DrewThese condo hotels in Myrtle Beach have great views and are well-liked by travelers: Hilton Myrtle Beach Resort - Traveler rating: 4. . At MortgageDepot, we have access to a program designed especially for our clients who want to own a piece of paradise. Oceanfront Condo - North Myrtle Beach, SC Home for Sale. it's equipped with all. 30 Year Fixed. 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. W. Thanks in advance. Call ☎ (800) 697-4371. North Myrtle Beach, SC 29582. 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. 75 (198) Superhost. Receive the Beach Pro Team’s current list of local condo and. Condos and Homes for Sale in Myrtle Beach. Visit 444loan. 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. Nice residents and friendly staff. I found Condotel Financing at competitive rates Types of Mortgages Available Principle & Interest Mortgage Options. USDA. We offer 3/1 ARM, 5/1 ARM, and 7/1 ARM Condo Hotel Mortgage Loan Programs, amortized over 30 years. Located on a very quiet street. 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. As the best rated local lender since 1983, we offer a wide range of financing options tailored to your needs. Condotel Mortgage / Condo-Tel Financing / Condops. St. $364,900 USD. 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. 4712 Cobblestone Dr. The house always wins. 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. Receive the Beach Pro Team’s current list of local condo and. Monthly Real Estate News; Local News. 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. Whether it is the beautiful accommodations, fantastic food, or full amenities, Coral Beach Resort and Suites has it all. Months. Expanded Investor Loans. 1 Baths. 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. Lastly, most out-of-town lenders are not going to have a condotel loan program available in the event that the condo is accurately classified as a condotel. 3 Baths. . LOAN. 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. 107 Toby Ct. In November 2023, the average monthly cash on cash return in Myrtle Beach is 3. 2 bds; 2 ba; 1,158 sqft - Condo for sale. 7100 N Ocean Blvd #1126, Myrtle Beach, SC 29572. You’ve contracted to purchase and now all you have to do is go back to. . Now we’re seeking a publicly traded condotel management company. The financing assumes a 20% down payment and 20-year term. N Unit 1025, Myrtle Beach — Sand Dunes Phase Ii $214,500. 186 Fresh Drive. Maximum 75% LTV. 29450, Mount Pleasant, Charleston County, SC. The team at Gustan Cho Associates are specialists in condotel financing in Florida and. 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. com. 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. Myrtle Beach and the surrounding areas are a perfect location for a vacation or. Condo For Sale $235,000. After all annual fees are paid ie. (843) 903-3550. Write a review. 2nd Bedroom: 2 double beds, attached bath. This is a Condotel, and you must abide by the Wildwood Crest Ordinance which is located in Associated Docs. His knowledge and expertise is second to none. For those who need condotel financing, please contact us at Gustan Cho Associates at 262-878-1965 or text me on my cell for faster response at 800-900-8569. Setup fee. Financing/Investment. A condohotel, or a condo hotel as it is also called, is a unique type of residential and rental property. Condotel Financing Florida Mortgage Rates; Today's Condotel Florida Mortgage Rates; Live Condotel Mortgage Rates. 5 days on Zillow. 991 38th ave n, myrtle beach, sc, 29577. The Atlantic Beach Town Council will soon take a final vote to rezone land for the $80 million project. Most of the Myrtle Beach oceanfront high rises are condotels. Myrtle Beach - Click Below For Columbia. Local Lender Lists (Homes Condos) 1031 Tax-Deferred Exchange; Mortgage Calculator;. Condotel financing terms. - Homes for sale presented by the Beach Pro Team: 843. 4785 -. About the. But in general, the general consensus among condotel mortgage. However, I'd really like to keep it at the 20% mark. 3 beds. Com Listing ID: bey15047---. 2 Beds. Price cut: $14,999 (Nov 16) 6203 Catalina Dr UNIT 331, North Myrtle Beach, SC 29582. 1890 Auburn Ln, Myrtle Beach, SC 29575. BridgeWell Capital professionals often finance investments in 10 days or less; no matter your current credit, financial, or employment situation. 1 Listings from $649,900. 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!!. About the Condotels Golf Colony. 40-Year Fixed IO. 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. Long-Term Fixed or ARM Rates. Those. Real Estate Brad Emond July 8, 2020 Brad Emond Real Estate at Keller Williams Realty condotels , condotel , condo , condos ,. Live like a pampered guest in a Honolulu. A condominium hotel, sometimes called a condotel, is a condominium but operated and managed like a hotel. 4. We offer 30- and 40-year fixed-rate mortgages, as well as 5/6 and 7/6 adjustable-rate mortgages (ARMs). A condo insurance policy protects what your homeowners association (HOA) doesn’t. Available financing for vacation and 2nd homes up to 85% loan to value to $3,000,000. Myrtle Beach, SC 29579; Office: 800. North Myrtle Beach, SC 29582. Subject property needs to be 100% residential (or livable) The units need. Bella. Colorado Springs CONDOTEL Financing. We also offer our Condo/Condotel Lender List and Closed Sales Histories. Enjoy the. 1,501 sqft. Depart. 3 beds. 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. Type: ManufacturedHome, Year Built: 2021. $590,000. But it boils down to whether or not you can rent the condo for 7 days or less, and it’s a daily rental. Despite these challenges, condotel financing can be a lucrative investment if managed correctly. Camelot By The Sea - Myrtle Beach Condos for Sale. You can also use this residence for ready and steady rental income. Established in 1985, Barefoot Rental Management provides residential property management services in Myrtle Beach as well as Surfside, Garden City, Murrells Inlet, North Myrtle Beach, Conway, Carolina Forest, and Little River. Seaside Realty Company Broker In Charge, E-Pro Certified. * Extra Luxurious 1 - 7 Bedroom Condos & Homes. 00. Try more general words. Any recommendations for lenders who offer 20% down on condotels. The spacious oceanfront and ocean view 2 and 3 BR floor plans feature granite. Source: acmg. 2 units occupied and the third is having work done on it now. 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…. Indoor Pools. Wow! I didn't know what that was beforehand and now we can't even use the pre-approved loan to purchase it. Owner Financing available for qualified buyers. Come and. Call 1-866-383-5345 or find a mortgage. 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. Get in touch with a Myrtle Beach real estate agent who can help you find the home of your dreams in Myrtle Beach. 00. 813 2nd Ave N, North Myrtle Beach, SC 29582. ACMG offers 90% fixed or adjustable rate loans of amounts up to $417,000 to be used on second homes consisting of 1 Unit Properties, Condos and PUDs. 10 days on Zillow. Various Condotel Projects are popping up in Destin, South Beach, Panama City Beach, Palm Beach and Miami. Contact BrickWood Mortgage today at (843) 314-4101. * Conveniently Located near Myrtle Beach & North Myrtle Beach courses & attractions. You can apply online or contact a mortgage specialist for more information. 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. Leave a Comment. Beach Park Resort - Myrtle Beach Condos for Sale. Individual owners have units, but they have. 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!!. Minimum down payment of 15%. 455. 745 sq ft. Financing Condos in Myrtle Beach Can Be Tricky. MORTGAGE CALCULATOR. 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. If you decide to invest in a short-term rental property in a condotel, here are four tips for getting started: 1. LOCATION. Choose an in-demand location. During the pandemic, rates on 30-year fixed mortgages fell below 3 percent. net. 1,039 Myrtle Beach SC Condos for Sale. Columbia, SC 29210. Columbia SC. We also offer. For your protection, do not email your Account Number (s) or Social Security Number. The dog-friendly winter rentals are available at reduced off-season rates. The largest property for sale is 3,174 sqft and smallest 307 sqft. Real Estate investment in Myrtle Beach, SC. We consider loan-to-value ratios of up to 65%. The list is based on the Beach Pro Team's years of experience and expertise in condo financing. com. Condo Financing and Condotel Mortgages. 3500 N Ocean Blvd. . 201 74th Ave N #2731, Myrtle Beach, SC 29572. City-Data Forum > U. An agent at Better Homes and Gardens Real Estate Elliott Coastal Living can help you look for your beach property today. Our deep understanding of the Myrtle Beach real estate market allows us to identify the most suitable condotel financing options for your specific investment. Condo in Myrtle Beach. Enjoy laundry facilities, a patio, and a TV. S Unit 816, Myrtle Beach — Coral Beach $170,000. These condo hotels in North Myrtle Beach have great views and are well-liked by travelers: Avista Resort - Traveler rating: 4. Roy Dunn – Coastal Financing Guru. 00%. com®. Don't. This ground level 2-bedroom condo is located in the popular Seagate Village. is 10 Pointe Drive, Suite 330, Brea, CA 92821; Phone: (714) 831-4000 (NMLS ID. Condotel Mortgage Rates; Florida Condotel. Brighton Tower Overview. 161 Seawatch Drive, Myrtle Beach, SC. 455. 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. Unit 1003, Myrtle Beach — Dunes Village Resort $318,000. $590,000. Foreign National Loans. Financing/Investment. 37 ACRES. A condominium project that is operated as a hotel with a registration desk, cleaning service and more. 4712 Cobblestone Dr APT K-3, Myrtle Beach, SC 29577. As far as the technical difference goes, if there’s a nightly rent and there’s a check-in desk, it’s a condotel. * Infinity Pool &. 6813 Porcher Dr Unit 14, Myrtle Beach, SC 29572. Unit 1008, North Myrtle Beach — Prince Resort $355,000. Featured Resorts in Myrtle Beach, SC Bay View Resort. 3763 Sweetgum St Unit 3763, Myrtle Beach, SC Details ». Written by jpinkas on August 17, 2018. Ripley's Aquarium of Myrtle Beach. Bahama Sands Luxurious Oceanfront and Ocean View Condos. Receive the Beach Pro Team’s current list of local. Read More. Sand Dunes Resort Condos For Sale. 1105 S Ocean Blvd. rare and we have it! Get a Condotel Loan Nationwide Codotel Loans A Condotel Loan (condo hotel, order condo-tel, Condo Hotel Financing, etc. 13 Myrtle Beach Boardwalk Condos for Sale. Condotel Financing Florida Mortgage Rates; Today's Condotel Florida Mortgage Rates; Live Condotel Mortgage Rates. Demise Of Condotel Financing After Real Estate Meltdown. Creative Real Estate Financing; Private Lending & Conventional Mortgage Advice; Real Estate Crowdfunding; Commercial and Multi-Family. Myrtle Beach, SC 29579. Get ongoing access to funds with a home equity line of credit by itself or combined with a first mortgage. $379,800. Bluewater Resort - Myrtle Beach Condos for Sale. You don’t have to mow the lawn or worry about shoveling snow. An agent at Better Homes and Gardens Real Estate Elliott Coastal Living can help you look for your beach property today. Sometimes one size doesn’t always fit all. So if you're also looking to invest, condo hotels are a pretty decent option, in my opinion. net for more info or call 843. FOR SALE BY OWNER 0. Discussion of potential solutions. Search our selection of vacation condos and homes from Litchfield Beach to the south-end of Myrtle Beach. Condotel financing cannot be financed through conventional loans. Condotel Loans. Current condo mortgage rates. Many national, big named banks will not finance a condotel. Myrtle Beach, SC. Financing/Investment. info@afbcarolinas. 6. Office: 800-872-4488. 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. 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. 1 Baths. When autocomplete results are available use up and down arrows to review and enter to select. facebook;. View current Myrtle Beach, SC mortgage rates from multiple lenders at realtor. 4856 Magnolia North Carnation Circle, Unit: 304, Myrtle Beach, SC 29577. Individual owners have units, but they have. It sounds like Vegas. $242,900. Take a lesson or enjoy a tournament. Condotels are condos that are run as resort properties and offer amenities such as check-in desks, maid services, room service, etc. $480,000. Best Western Ocean Sands Beach Resort - Traveler rating: 4/5. Call ☎ (800) 697-4371. Financing CONDOSin Myrtle Beach. 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,. . 2 Baths. 1 bd; 1 ba; 537 sqft - Condo for sale. , 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. Unfortunately, your hometown lender is not going to have such a program but the lenders on our list will. 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. 537 Sq. The units are individually owned. 1 Bed. View 28 photos of this 1 bed, 1 bath, 581 sqft. Sand Dunes Resort Condos For Sale. 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. The Ashworth Condos For Sale. North Myrtle Beach. See BBB rating, reviews, complaints, contact information, & more. Airport (MYR) airport, the closest popular airport to the property. Leave a Review/Comment Cancel reply. 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. 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 Wifi. com (843) 446-4663. com or visit us at Myrtle Beach, situated in South Carolina, will be the perfect choice for you and your family. November 30, 2023. 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. - Homes for sale presented by the Beach Pro Team: 843. INCREDIBLE DIRECT OCEAN FRONT CORNER UNIT! The views are fantastic and the sound of the waves will set your mind at ease. Thu, 26 Oct 9:00 AM to 4:00 PM. 3 bds; 2 ba; 1,501 sqft - For sale by owner. 2300 N Ocean Blvd. Beach Park Resort - Myrtle Beach Condos for Sale. Myrtle Beach. washer and dryer recently. 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. Qualification based on Property Income, Not Your Income. Financing a myrtle beach condotel. 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. S Unit 816, Myrtle Beach — Coral Beach $170,000. Condotels International Inc. (843) 315-2535. 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.