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Compass Cove Pinnacle Oceanfront Tower is a condominium development located in Myrtle Beach, South Carolina. This tower was built in the mid-1980s and offers luxurious living spaces with breathtaking ocean views. The amenities included with the HOA make living in this tower convenient and comfortable. The HOA covers everything from electricity and insurance to cable TV and internet. Moreover, residents can enjoy numerous pools, maintain grounds, and trash removal.
Myrtle Beach is a beautiful coastal city known for its pristine beaches, exciting attractions and vibrant nightlife. Besides the stunning beach, Myrtle Beach is home to several renowned golf courses, outlet malls, and amusement parks. Furthermore, the city has several restaurants, bars, and clubs that cater to several different tastes.
The real estate market in Compass Cove Pinnacle Oceanfront Tower is witnessing an upward trend, with an average asking price of $184,550 in January 2023 and $269,000 in August 2023. This indicates a growing demand for luxurious beachfront living. The average closing price in the same period was $177,125 and $260,000, respectively. With an average price change of $11,100 in March 2024, this development is an excellent investment opportunity.
The following are recent closing in Compass Cove Pinnacle Oceanfront Tower. The average closing price per square foot is $271.98
| Date Closed | Closing Price | Square Feet | Price Per Square Foot |
|---|---|---|---|
| 10/31/2024 | $150,000 | 600 | $250.00 |
| 08/23/2024 | $210,000 | 950 | $221.05 |
| 08/06/2024 | $152,000 | 550 | $276.36 |
| 08/01/2024 | $150,000 | 430 | $348.84 |
| 07/29/2024 | $145,000 | 550 | $263.64 |
