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The Ocean Reef Resort North Tower is a luxurious condominium development situated in the heart of Myrtle Beach, South Carolina. Built approximately in 1975, the North Tower offers a breathtaking view of the Atlantic Ocean's coastal line. This oceanfront property has got it all: pristine white sandy beaches, crystal clear ocean waters, and a dynamic real estate market.
The HOA has management policies in place, providing all the necessary amenities from cable TV to trash disposal, perfect for individuals looking for hassle-free ownership. The condos in the complex are spacious and elegantly designed, with gourmet kitchens, fine granite countertops, and high-end appliances, providing a comfortable lifestyle.
The real estate market trends in the North Tower show a stable increase in the average asking and closing price, indicating a favorable environment for investment, and a balanced supply-demand ratio. The number of listings and sales in the complex also indicates that it's an in-demand property.
Myrtle Beach is a famous world-class tourist destination with year-round warm weather. The city offers an endless array of thrilling family activities, such as fishing, golf, entertainment, and dining, making it a perfect place for permanent residency or vacation home. You can enjoy everything the city has to offer by making the Ocean Reef Resort North Tower your permanent vacation residence.
The following are recent closing in Ocean Reef Resort North Tower. The average closing price per square foot is $308.66
| Date Closed | Closing Price | Square Feet | Price Per Square Foot |
|---|---|---|---|
| 10/31/2024 | $118,000 | 400 | $295.00 |
| 10/11/2024 | $117,500 | 437 | $268.88 |
| 09/16/2024 | $128,000 | 400 | $320.00 |
| 08/16/2024 | $172,000 | 450 | $382.22 |
| 08/14/2024 | $135,000 | 487 | $277.21 |
