How much is an oceanfront house in Myrtle Beach, South Carolina?

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.

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.