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Beautiful Inlet Point Retreat at the Tip of Cherry Grove: Experience coastal living at its finest in this spacious 3-bedroom, 2-bath condo in the highly desirable Cherry Grove Beach area of North Myrtle Beach. Nestled at the northernmost tip of Cherry Grove—where the Intracoastal Waterway meets the Atlantic Ocean—you’ll enjoy truly exceptional, ever-changing water views from every angle. Step out each morning onto the long, front balcony and soak in sunrise reflections over the inlet, or retreat to the private rear balcony surrounded by sea breezes and natural beauty. With direct access to the beach and inlet, you can stroll the Point, launch your kayak, or simply relax in this serene setting. Inside, this bright and airy condo boasts an open-layout living space, a fully equipped kitchen, and the convenience of an in-unit washer and dryer. The gated community further elevates the experience, offering amenities such as a tennis court and outdoor pool—ideal for both leisurely living and strong rental potential. Why this property is a standout investment and retreat: Unrivaled location: Positioned at Cherry Grove Point, you’re at the very tip of one of the region’s most coveted beach neighborhoods. Views &access: Every unit in this development is designed to capture water views, offering a remarkable backdrop for vacation rentals or full-time enjoyment. Strong rental market: Cherry Grove is well known for vacation homes and short-term rentals, making this condo a smart investment for generating income. Lifestyle appeal: From the iconic Cherry Grove Pier—famous for its fishing and scenic strolls—to nearby marshland nature preserves, the area has an unbeatable mix of beach, watersports, nature and relaxation. Whether you’re seeking a peaceful coastal retreat where every day feels like vacation — or a high-potential investment property in a sought-after beach neighborhood — this condo is the best of both worlds. Come discover a place where the ocean and inlet meet and make your move to Cherry Grove’s premier location.
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Our Executive Mortgage Banker:
$419,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $335,200 | $335,200 | $335,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.730% |
| Monthly Tax Payment | $296 | $296 | $296 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,008 | $2,091 | $2,737 |
| Total Monthly Payment | $2,379 | $2,462 | $3,108 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.