Sales comparison approach using recent sales of similar oceanfront condos in the same resort. Adjusted for renovation status and floor level.
Oceanfront Penthouse at Sand Dunes Resort with Lockout
This penthouse condo delivers Atlantic Ocean panoramas the moment you step onto its private balcony — a rare combination of turnkey renovation, rental flexibility and full-resort access. Unit 1447/1448 at Sand Dunes Resort is a fully renovated 2-bedroom, 2-bath lockout spanning 1,050 sq ft. The main living area opens to a modern, open-concept kitchen and living space updated in a 2020 renovation; finishes were chosen for durability and coastal living. The lockout bedroom includes its own kitchenette and separate HVAC mini-split (installed 2023), offering an easy short-term rental setup or private guest suite.
Thoughtful recent upgrades keep this unit market-ready: new living room furniture and a new oven were added in 2025, and a new microwave was installed in 2026. The unit is in excellent condition and configured to maximize occupancy and rental returns while still functioning beautifully as a primary or vacation residence. With central air throughout and resort-caliber finishes, the layout prioritizes views and convenience — sitting areas are oriented toward the ocean and the balcony, where you’ll enjoy steady sea breezes and horizon-to-horizon water sightlines.
Sand Dunes Resort is one of the Grand Strand’s most amenity-rich properties. Owners and guests enjoy indoor and outdoor pools, a lazy river, arcade, fitness center and on-site dining — features that support year-round rental potential. Parking is available in the resort deck, and building access is managed through the resort’s entry and elevator system. The unit’s oceanfront positioning also provides direct beach access for morning walks and sunset watching.
From a valuation standpoint, this unit is competitively priced at $320,000 ($305/sq ft). Comparable sales in the same resort range from roughly $285,000 to $337,500 over the past 18 months, and rental comps suggest monthly income near $1,750–$1,800 during peak seasons. Buyers should note HOA dues of $1,244/month; verify HOA inclusions and rental policies with the association. Given current market conditions — a buyer’s market with longer days on market — this is a strong opportunity for a purchaser seeking oceanfront lifestyle, immediate rental income potential from the lockout setup, and a professionally maintained resort setting.
See the properties helping shape the valuation.
Comparable sales
- Same living area
- Same year built
- Same living area
- Same year built
- Same living area
- 1 year older
A 1996 high rise.
Building
Site & utilities
Sand Dunes Resort
Researched nearby locations
Location
202 73rd Ave N Unit 1447/1448, Myrtle Beach, SC 29572
Sand Dunes Resort sits on the Grand Strand and delivers a classic Myrtle Beach experience: oceanfront access, family-friendly amenities, and immediate proximity to live entertainment and dining. The neighborhood is a mix of full-time residents and vacation rental activity, with easy drives to Broadway at the Beach and the Myrtle Beach Boardwalk. Horry County schools and essential services are within a few miles, while restaurants, miniature golf, and entertainment venues make the area a lively destination year-round. This stretch of 73rd Avenue North is well-suited to buyers who want resort living with strong tourist demand.
Exceptional beachfront recreation with resort pools and lazy river on site, plus access to the Grand Strand beach, nearby entertainment venues like the Carolina Opry (1.5 miles), and family attractions at Broadway at the Beach.
A factual market snapshot around 202 73rd Ave N Unit 1447/1448.
Local market dynamics currently favor buyers: Myrtle Beach-area properties are selling more slowly than in prior years, with an average days on market around 131 and many listings trading near 5% below list price. The neighborhood median sale price for this corridor sits near $275,000, while recent comparable sales within Sand Dunes Resort show closings at $296,000 (May 2025) and $337,500 (July 2024), indicating there remains buyer interest in oceanfront condos but with wider price dispersion. Inventory has grown compared with prior seller-favored cycles, which increases negotiation leverage for purchasers seeking well-appointed, turnkey units like this penthouse.
High-amenity, oceanfront condominiums typically maintain seasonal demand—peak summer months drive rental rates and occupancy—so investors and second-home buyers who can accept seasonal variance still capture attractive yields. Lease comparables for similar 2BR/2BA units at Sand Dunes suggest estimated rent around $1,750–$1,800/month, supporting a gross rental yield in the neighborhood of 6.5% before expenses. Key considerations for buyers: confirm HOA fee inclusions, assess insurance costs for oceanfront coverage, and review the association’s rental rules. In the current environment, a well-priced, renovated lockout unit offers both lifestyle value and negotiable room in purchase terms.
Multi-Family Residential
Zoning
Research-indicated uses
- Multi Family Residential
- Short Term Rentals
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
Rental references from the research record.
Context only—not an investment recommendation or guarantee of achievable rent.
Supporting lease references
- Same living area
- Same living area
What the research supports — and what is still worth verifying.
Key findings
- Listed at $320,000 ($305/sq ft) as of March 7, 2026
- Comparable unit sold for $296,000 in May 2025
- Located in a buyer's market with average 131 days on market
- Resort amenities include pools, fitness center, and on-site dining
- Proximity to major attractions like Carolina Opry and Broadway at the Beach
Still worth verifying
Routine buyer due diligence items; these are not known defects.
- Confirm HOA fees and inclusions
- Verify rental restrictions and policies
- Review recent renovation permits and approvals
- Assess potential for rental income and occupancy rates
- Evaluate insurance requirements and costs for oceanfront property
What stands out about this property.
Interior Features
- 2 bedrooms, 2 bathrooms (lockout configuration)
- 1,050 square feet — fully renovated in 2020
- Open‑concept living area and updated kitchen
- Lockout bedroom with separate kitchenette
- New HVAC mini‑split in lockout (2023)
- New living room furniture and oven (2025); new microwave (2026)
- Central air conditioning
Exterior & Lot
- Oceanfront unit with private balcony and Atlantic views
- Direct beach access from the resort
- Resort parking deck
- Stucco construction (1996)
- Access via resort elevators and main entrance
Location & Neighborhood
- Sand Dunes Resort — full-service oceanfront resort
- 1.5 miles to Carolina Opry
- 5 miles to Broadway at the Beach
- 6 miles to the Myrtle Beach Boardwalk
- Horry County location with tourist-driven economy
Walkability & Recreation
- Walkability Rating: 40/100 — Car-Dependent
- Resort pools, lazy river and fitness center on site
- Beach access immediately outside the building
- Nearby entertainment: Carolina Opry, Broadway at the Beach
- Community recreation facilities and arcade
Sources & research confidence.
See where the property research came from and how confidence varies by field.