North myrtle beach condos for sale under $100 000

North myrtle beach condos for sale under $100 000

Myrtle Beach is one of the only locations in America that you can find such value on the oceanfront. There are many buildings to choose from including the Palms Resort, Palace Resort and Landmark Resort. All of these resorts are packed with amenities for your enjoyment. One additional location on the southend of Myrtle Beach are the condos for sale located at Sandcastle South. No matter what you choose, you be able to enjoy the pools and most important...the beach that is a few step outside your door.

Oceanfront Condos for Sale under $100,000 October 15, 2022

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North myrtle beach condos for sale under $100 000
Provided courtesy of the Coastal Carolinas MLS. Copyright 2022 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Listing information last updated on October 15, 2022 at 10:30 AM EST.

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What can I expect from a $100,000 Condo in Myrtle Beach?

North myrtle beach condos for sale under $100 000
what does $100,000 condo look like in Myrtle Beach

What if I told you our team here at Jerry Pinkas Reality had an incredible Condo for you that was priced at…wait for it… $100,000! Talk about a major deal alert! With many people across the nation looking to relocate to sunny Myrtle Beach SC Homes for Sale (or current residents just looking for a new home), our team receives questions and inquires surrounding all topics, as well as families looking for properties at all price points. One inquiry we receive quite frequently is people looking for a Condo in Myrtle Beach around $100,000. And because we have helped many family’s find their $100,000 dream Condo, we can confidently say that our experienced team can help to get you in one as well! Buyers would be shocked at how much you get for a Condo or townhome at that price point in this area and the many benefits that come along with these beautiful units.

Some people think that you have to spend an arm and leg to purchase a nice Condo in Myrtle Beach, and anything priced at, below or just above $100,000 is not going to meet their standards. Well, friends, we are here today to tell you that you would be very wrong if that was your mindset when starting your home search. There are numerous listings for Condos in the Myrtle Beach area that have been remodeled, in great locations and perfect for any family to settle into. Whether you are looking for a new forever home, a second home or to purchase a rental property, a $100,000 Condo in Myrtle Beach is sure to be all that you are looking for – and maybe a little more!

You may be thinking about what you would get for your money and what a $100,000 Condo in Myrtle Beach looks like. And while the units range in size and finishes, there are many stunning units throughout the area that are great finds and feature incredible amenities in lust-worthy locations. Many of these Condos are around one to three bedrooms with one to two baths and offer wonderful living space. You may be surprised by what a Condo in Myrtle Beach at the $100,000 price point looks like and we hope this blog will perk your attention and give you a little insight into these units.

North myrtle beach condos for sale under $100 000
Cheap $100000 Houses in Myrtle Beach

Are Condos that cost $100,000 a good investment?

Absolutely! There are many perks to purchasing a Condo at the $100,000 price point. One of them being that you will have to put less money down up front in comparison to a higher-priced Condo, as well as taking on a lower monthly mortgage. Imagine what you would do with extra money each month that was not going into your mortgage but instead in your own pocket. Oh, the possibilities! You will also be able to pay off the Condo in a shorter amount of time. And with Myrtle Beach such a hot market right now and so many people flocking here to live or just vacation, you can be confident in the value of your purchase.

Many of the Condo’s priced at $100,000 in Myrtle Beach are beautiful and have been fully remodeled. Many units have upgrades including granite countertops in the kitchen and bathrooms and are located in ideal locations. There are some units that are located within a resort and offer amenities such as pools, incredible gyms, indoor lazy rivers and, in some unique cases, even a bowling alley! There are many amazing features that make these units even more appealing and offer endless fun for the whole family! And how would you like to wake up overlooking the pools with sparkling ocean views? There are units at the $100,000 price point that have incredible views and are centrally located near incredible dining, shopping and entertainment options for the family.

North myrtle beach condos for sale under $100 000
condos for sale in myrtle beach sc under 100 000

Do Condos that cost $100,000 make for good rental properties?

They don’t just make good rental properties – they make incredible rental properties! For a couple of reasons. The first reason may be a little obvious and one we just spoke about, but buyers do not have to break the bank to purchase Condo. Purchasing a Condo around the $100,000 price point allows less barrier to entry in the rental property space, as you do not have to put a lot of money down. Your mortgage should also be relatively low compared to higher-priced Condos in Myrtle Beach, making it easier to cover it every month with renters.

Another reason $100,000 Condos in the area are a good investment is that they are low maintenance. Many of the Condos are not incredibly large, therefore the upkeep and cleaning are not overbearing or too tedious, which is great if you are to have different visitors each week. And if the Condo has an HOA (Homeowners Association), most of the time those fees will go to cover maintenance of the building such as common spaces, pools, and landscaping, as well as insurance on the building. Income cases, cable, and internet are included as well. This is a huge bonus because you will not have to worry about maintenance if you are not in town.

For more information on HOA’s in Myrtle Beach, check out our other blog posts here.

North myrtle beach condos for sale under $100 000
Rental Income Investment Property

To help maximize the unit as a rental property, you can utilize pull out sofa beds or even wall beds to sleep larger families. This is a great and relatively inexpensive way to accommodate parties of all sizes, while also broadening the reach of potential renters. It is also a great way to save space while also providing additional lodging, which is very appealing to people looking to rent the unit. We have seen beautiful, smaller one-bedroom units that can sleep up to eight people. And when you are that close to the stunning beaches of Myrtle Beach, let’s be honest – many people probably won’t be spending much time indoors anyway!

With Myrtle Beach being such a sought after area for people around the country, buyers should not have a problem with renting the Condo out. Being a desirable location here is so much demand with visitors to the area that need a place to stay, and many like the comfort of being able to settle into a Condo that features a kitchen, upgrades and utilize the amenities – especially if they are staying for long periods of time. With spring and summer not too far off, now is a great time to start looking into these Condo’s as rental properties to get a jump start and be prepared for the busy season.

Lastly, let’s talk about everyone’s favorite part – potential rental income! Our team at Jerry Pinkas Reality has seen some of these incredible units bring in over $32,000 per year in rental income. Incredible right?! Needless to say, utilizing these units priced at $100,000 as rental properties have the potential to bring in great revenue for you and your family, and can be a money machine for people at a relatively low initial cost.

North myrtle beach condos for sale under $100 000
Cheap condos on the Beach

What should be my first step if I am interested in purchasing a Condo around $100,000 in Myrtle Beach? 

Call us directly! Many people’s first instinct is to go online and plug in certain search criteria and hope that their dream home will appear on their screen. We hate to be the bearer of bad news, but that method does not always work. There are many incredible listings for Condos priced right around $100,000 in Myrtle Beach that any family would be lucky to close on, but maybe aren’t listed on the internet or are not easily assessable online. Let us take the hard work, research and guessing off your plate. Call our experienced team at Jerry Pinkas Realty today and let us help you find your perfect $100,000 Condo today!

Find your Myrtle Beach Condo here!  Sign-up for our preferred email listing alerts and receive only new properties to the market that meet your personal requirements. Preferred Email Listing Alerts

You have questions, we have answers. Give us a call at 843-839-9870

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To learn more about the  Condos in Myrtle Beach or schedule a tour of this beautiful community call us today.

Jerry Pinkas Real Estate Experts

843-839-9870

Is North Myrtle Beach a good place to live?

Living in North Myrtle Beach offers residents an urban feel and most residents own their homes. In North Myrtle Beach there are a lot of restaurants, coffee shops, and parks. Many retirees live in North Myrtle Beach and residents tend to be conservative. The public schools in North Myrtle Beach are highly rated.

Can you make money on a Myrtle Beach condo?

Oceanfront condos can be a little expensive, but with so many tourists storming Myrtle Beach every year, it can also be the most profitable.

Why is North Myrtle Beach so cheap?

So why is this famous beach community so affordable? Because the city has a dark side as well. The violent crime rate in Myrtle Beach is more than four times the national average, according to the most recent FBI data. That's brought home prices down.

Is Myrtle Beach a good city to live in?

U.S. News & World Report named Myrtle Beach its top fastest growing place and the number 2 best place to live in South Carolina in 2022. Young families, empty nesters, and people of all ages are drawn by the area's mild climate and beaches to settle here and enjoy the region's low cost of living.