Property listing for 1501 South Ocean Blvd #1549, Myrtle Beach, SC 29577
For SaleCondo

$145,000

1501 South Ocean Blvd #1549, Myrtle Beach, SC 29577

Oceanfront 1BR Condo with Two Private Balconies on 15th Floor

1 Bed · 1 Bath · 740 Sq Ft

Fully furnished Landmark Resort unit with direct beach access

1

Beds

1

Baths

740

Sq Ft

1996

Built

2.01 acres

Lot

About 1501 South Ocean Blvd #1549

What first grabs you here are the twin ocean-facing balconies on the 15th floor — private perches for sunrise or evening surf-watching that feel more like an extension of the living room than an afterthought. Unit 1549 at Landmark Resort is a fully furnished, 740-square-foot one-bedroom condominium finished in a contemporary coastal palette: continuous tile floors, streamlined cabinetry, and state-of-the-art appliances that make this a turnkey retreat or investment.

The living area is arranged for relaxation and entertainment, anchored by a 72-inch linear electric fireplace topped with a 76-inch smart TV. The kitchen and dining nook are efficient and modern, offering upgraded appliances and clean, coastal cabinetry. The bedroom functions as its own quiet suite with a second private balcony and another smart TV — a rare floorplan advantage in oceanfront units. The bathroom features a tiled walk-in shower and an upgraded vanity that complements the condo’s upgraded finishes.

Beyond the unit, Landmark Resort provides robust amenity offerings: indoor and outdoor pools, a lazy river, hot tubs, a fitness center, on-site dining, and direct beach access. Parking is provided in the resort garage and the property is marketed vacant and move-in ready, making a quick transition possible for a primary user or a buyer who wants to enroll in the resort’s rental program. Recent valuation work places fair market value near $140–$150K (midpoint $145K); the unit was last recorded sold on October 24, 2024 for $130,000 and currently shows a Zestimate® of roughly $140,100.

This condo sits minutes from Family Kingdom Amusement Park, the Myrtle Beach Boardwalk, and the restaurants and nightlife of central Myrtle Beach, while Myrtle Beach International Airport is only a few miles away. Prospective buyers should review the HOA terms (current monthly fee noted at $1,018) and rental program rules to assess net cash flow — the property carries notable rental income potential, but also seasonal variability common to beachfront resort markets. For anyone seeking a polished, oceanfront turnkey option in South Myrtle Beach, Unit 1549 delivers location, modern updates, and direct access to the resort lifestyle.

Home Highlights

Move-in readyFully furnishedTwo private balconies with ocean viewsUpdated interior finishesAccess to Landmark Resort amenitiesTurnkey investment with rental program potential15th-floor oceanfront locationEstimated midpoint valuation: $145,000

Property Features

Interior Features

  • 740 sq ft one-bedroom floorplan
  • Continuous tile flooring throughout
  • Contemporary cabinetry and upgraded appliances
  • 72-inch linear electric fireplace
  • 76-inch smart television in living area
  • Private bedroom balcony and smart television
  • Tiled walk-in shower and upgraded vanity
  • Fully furnished and turnkey

Exterior & Lot

  • Oceanfront building with direct beach access
  • Two private ocean-facing balconies
  • Landmark Resort grounds with pools and lazy river
  • Parking available in resort garage
  • Lot size: 2.01 acres (resort parcel)

Location & Neighborhood

  • South Myrtle Beach neighborhood
  • 0.5 mi to Family Kingdom Amusement Park
  • 1.2 mi to Myrtle Beach Boardwalk
  • 3.5 mi to Broadway at the Beach
  • Approximately 2.5 mi to Myrtle Beach International Airport
  • Proximity to restaurants, entertainment, and shopping

Walkability & Recreation

  • Walkability Rating: 43/100 — Car-Dependent
  • Direct beach access and boardwalk nearby
  • Resort pools, lazy river, and hot tubs on-site
  • Running and walking routes along the beachfront
  • Family-friendly attractions within a mile
  • Community recreation facilities at Landmark Resort

Neighborhood & Location

South Myrtle Beach blends active resort energy with convenient access to local favorites. Residents enjoy direct beach access and a short drive or stroll to the Myrtle Beach Boardwalk, Family Kingdom Amusement Park, and a wide selection of beachfront restaurants and bars. The area attracts vacationers and seasonal residents, creating a lively, hospitality-driven atmosphere. Everyday errands are easiest by car (walkability is limited), but the neighborhood’s entertainment, dining, and airport proximity make it a desirable location for owners who want both leisure and rental upside.

Market Insights

South Myrtle Beach’s oceanfront condo market currently reads as balanced but influenced heavily by seasonality and tourism. Median listing price for comparable oceanfront condos sits near $134,900 with an average of 109 days on market — a signal that well-priced, updated units move steadily but do not sell instantly. Recent sales inside Landmark Resort and nearby towers have closed in the $130K–$150K range, reinforcing a valuation midpoint around $145,000 for a turnkey 1BR unit like 1549. Rental demand remains strong during peak months; valuation models estimate potential monthly rent near $1,236 (gross), which produces a healthy gross rental yield (~10.2%) before HOA and operating expenses. That HOA — about $1,018/month — is a meaningful line item and will materially impact net cash flow, so investors should model seasonal occupancy and management fees carefully. Overall, this is a pragmatic buyer’s moment for those seeking oceanfront exposure: pricing is supportive, comparable sales are recent and relevant, and demand from vacationers keeps occupancy prospects attractive. Conservative buyers and investors should verify HOA inclusions, rental program terms, and parking allocations before committing.

Nearby Schools

Myrtle Beach Elementary School

Elementary · Within 3.5 mi

6/10

Myrtle Beach Middle School

Middle · Within 3.5 mi

7/10

Myrtle Beach High School

High · Within 3.5 mi

5/10

Walkability & Recreation

43
Walkability
85
Recreation

Excellent access to beachfront recreation, resort pools and lazy river on-site, the Myrtle Beach Boardwalk and Family Kingdom Amusement Park within a mile, plus running and walking routes along the shore.

Investment Highlights

  • Fully furnished 1BR/1BA oceanfront condo with two private balconies
  • Modern updates including tile flooring, contemporary cabinetry, and state-of-the-art appliances
  • Access to Landmark Resort amenities: pools, lazy river, fitness center, on-site dining
  • Proximity to major attractions: Family Kingdom Amusement Park, Myrtle Beach Boardwalk, Broadway at the Beach
  • Potential for rental income through resort's rental program

Key Findings

  • Last sold on October 24, 2024, for $130,000
  • Current Zestimate® of $140,100
  • Monthly HOA fee of $1,018
  • Located within Landmark Resort, offering extensive amenities and direct beach access
  • Proximity to major Myrtle Beach attractions enhances rental potential

Things to Consider

  • Monthly HOA fee of $1,018 may impact overall investment returns
  • Potential for seasonal fluctuations in rental income due to tourism trends
  • Limited parking availability in resort garage during peak seasons

Opportunity Analysis

Fully furnished oceanfront condo with modern updates and access to extensive resort amenities, offering potential for both personal enjoyment and rental income in a prime Myrtle Beach location.

Potential Use Scenarios

  • Utilize resort's rental program for passive income
  • Market as a premium vacation rental targeting tourists seeking oceanfront accommodations
  • Monitor HOA fees and assess impact on net rental income

Risk Factors

  • High HOA fees affecting profitability
  • Seasonal variability in rental demand
  • Potential for increased competition from other resort units

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$140K

Midpoint

$145K

High

$150K

$196/SF estimated price per square foot

80% confidence

Sales comparison approach using recent sales within the Landmark Resort and similar oceanfront condos in Myrtle Beach. Adjusted for unit size, condition, and amenities. Income approach considers potential rental income based on resort's rental program.

As of 2026-03-08

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$134,900
Avg Days on Market109 days

Demographics

Population (1 mi)15,000
Median Income (1 mi)$45,000

Myrtle Beach has experienced steady population growth and tourism influx, contributing to a robust short-term rental market. Walkability Rating estimate: 43/100.

Nearby Points of Interest

  • Family Kingdom Amusement Park (0.5 mi)
  • Myrtle Beach Boardwalk (1.2 mi)
  • Broadway at the Beach (3.5 mi)
  • Myrtle Beach International Airport (2.5 mi)

Located in the heart of Myrtle Beach, the property offers direct beach access and proximity to major attractions, dining, and entertainment options.

School District

DistrictHorry County Schools
ElementaryMyrtle Beach Elementary School (6/10)
MiddleMyrtle Beach Middle School (7/10)
HighMyrtle Beach High School (5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1996
Constructionconcrete and steel
Stories1
Roofflat
Heatingelectric
Coolingwall/window unit
Basementnone
FireplaceNo
Conditionexcellent

Lot & Site

Lot Size2.01 acres (87,556 SF)
Topographylevel
Parkinggarage
FrontageOceanfront property with direct beach access

Utilities

Waterpublic
Sewerpublic
Electricavailable
Gasnot available

Zoning & Land Use

Zoning CodeMF
DescriptionMulti-Family Residential
JurisdictionCity of Myrtle Beach

Allowed Uses

multi family residentialshort term rentals
Current Useresidential
Assessor UseCondominium

Tax & Sale History

Tax Assessment

Land$9,510
Annual Tax (2024)$2,421

Sale History

2024-10-24$130,000

$176/SF

Sale recorded in public records

2022-04-28$155,000

$242/SF

Sale recorded in public records

2021-02-03$91,500

$143/SF

Sale recorded in public records

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