Like all coastal areas along the east coast the Myrtle Beach area has seen the prices drop considerably since the peak in 2005-2006. I know what your thinking... No, you cannot buy an oceanfront house for less than $400,000... I know your brothers friends cousin who was in Myrtle Beach told you he saw a house for sale oceanfront for $399,900. Well, that is not reality although prices are much less than they were just 3-4 years ago.
The truth... The lowest price oceanfront home to sell this year in the Myrtle Beach area sold in the North Myrtle Beach/Cherry Grove area for $580,000. Of course this was a 50 year old 1,300 sq/ft oceanfront tear down.
The lowest priced oceanfront house to sell this year in Garden City sold for $850,000. This house is 5 bedrooms, 4 bathrooms and was purchased by the seller in 2006 for $1,800,000(oouuchhhhh!!!)
This year the lowest priced Pawleys Island oceanfront home sold for $1,242,500. This house is 4 bedrooms, 2 bathrooms and is 50 years old.
Along the Grand Strands 60 miles of beaches there are currently 124 oceanfront homes listed for sale, priced from $789,900-$5,000,000.
The Myrtle Beach area offers many different type of oceanfront properties. Whether you are looking for an oceanfront estate in a gated community, a small beach front cottage, or an oceanfront home that does over $100,000 in rental income a year, you can find it in the Myrtle Beach area.
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Oceanfront estate home in Debordieu in Pawleys Island priced at $4,695,000.

Garden City oceanfront house, 7 bedrooms 6 bathrooms. This house has averaged close to $120,000 a year in rental income the past 2 years.
Preston E Guyton
Beach Realty - CRG Construction
Cell Phone - 843-457-3994
Myrtle Beach Real Estate - Garden City Beach Oceanfront Homes
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