701 S Ocean Blvd. #503, Myrtle Beach, SC, 29577
About This Home
Welcome to 701 S Ocean Blvd Unit 503. This stunning two-story oceanfront penthouse at Bali Bay Resort is perfectly situated along the shores of Myrtle Beach. This fully furnished residence offers an exceptional coastal lifestyle with breathtaking ocean views and spacious accommodations. Both short and long term rentals are allowed here as well. Featuring 8 bedrooms, 4 full bathrooms, and 2 half bathrooms, this expansive penthouse provides plenty of space for family and guests. The open and inviting layout includes a grand foyer, a loft area, a dedicated laundry room, and a covered balcony where you can relax while enjoying the weather & the views. The primary suite is a true retreat, showcasing direct oceanfront views and a luxurious en-suite bathroom with a garden tub and double sinks. Enjoy access to the community outdoor pool and the convenience of being just steps from the beach, dining, entertainment, and everything Myrtle Beach has to offer. Schedule your showing today!
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2015
Materials
- Foundation: Other
- Construction materials: Stucco
Type & Style
- Home type: Condo
- Architectural style: Mid Rise,Penthouse
- Property subType: Condominium,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator,Range Hood,Dryer,Washer
- Laundry features: Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Dining Room
- Features: Living/Dining Room
Features
- Ceiling Fan(s),Dual Sinks,Entrance Foyer,Elevator,Garden Tub/Roman Tub,Vanity,Walk-In Closet(s),Breakfast Bar,Loft,Solid Surface Counters
- Flooring: Carpet,Tile
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 5,450
- Total interior livable area: 4,340 sqft
Kitchen
- Features: Breakfast Bar,Dishwasher,Kitchen Exhaust Fan,Pantry,Solid Surface Counters
Living Room
- Features: Ceiling Fan(s)
Master Bathroom
- Features: Dual Sinks,Garden Tub/Roman Tub,Vanity
Master Bedroom
- Features: Ceiling Fan(s),Walk-In Closet(s)
Other
- Features: Loft,Utility Room
Property
Details
- Parcel number: 44311030224
- Attached to another structure: Yes
- Zoning: Res
- Special condition: None
Features
- Levels: Two
- Stories: 2
- Pool features: Community,Outdoor Pool
- Patio & porch: Balcony,Deck
- Exterior features: Balcony,Deck
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- On waterfront: Yes
- Waterfront features: Ocean Front
Lot
- Features: Flood Zone,Rectangular,Rectangular Lot
Parking
- Parking features: Underground
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Ice Storm
- Tornado
- Coastal Flooding
- Earthquake
- Inland Flooding
- Lightning
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Horry County and South Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $15,169 | $182,028 |
| Home Insurance * | $1,545 | $18,540 |
| Property Taxes | $949 | $11,388 |
| Electricity | $417 | $5,008 |
| Total | $18,080 | $216,960 |
Income You'd Need if You Spent...
South Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-01 | Listed for sale | $2,999,999 |
View on Zillow