Oceanwatch Villas Grande dunes, Myrtle Beach

[astorms]

Looking to hear from owners. What is a two BR ocean front worth?

 

[MOXJO7282]

Looking to hear from owners. What is a two BR ocean front worth?

What season?

I just secured two plats off of Redweek, one for $15250, and one for $14750. These included all closing and Marriott fees. I hit up every plat OF owner on Redweek with an all in offer and this is where I ended up on two. Of the other 5 owners I think only responded with no, and the other 3 didn't even respond.

I do caution you about confirming what you end up buying. I was about to go forward with a deposit for what i thought were 2 plat OF weeks until I asked for deed#s and realized they were 2 gold weeks even though I clearly stated I was looking for plat OF.

 

[BocaBoy]

Looking to hear from owners. What is a two BR ocean front worth?

I am not an owner there, but I know this: it depends greatly on the season. (Sorry, I posted this before I saw the previous post.)

 

[astorms]

Summer season

summer weeks.

 

[SueDonJ]

summer weeks.

That's Platinum season, except for the July 4th holiday which is a fixed "Plus" week. Here's the OceanWatch calendar.

Joe brings up a good point about OceanWatch resales. Be aware that some were originally sold with "Ultimate Occupancy" provisions, meaning that the Week and Unit numbers in the deeds may not correlate to the actual usage season or building type. With the resort build-out being complete for some years now, all interim placements have ceased and only the UO placements are used. Owner Modifications will be able to confirm the exact usage terms of all weeks, or the original paperwork detailing the UO provisions may be available from the sellers.

 

[cory30]

Susan is providing excellent advice. I had a similar situation where on a near purchase where the owner indicated and the deed stated that the week was deeded as Oceanfront. However, the Estoppel from Marriott showed that the ultimate occupancy was actually Garden View. The owner had stayed in Ocean Front while they were building out the Pines and Maple buildings and I guess thought they always had this option.

 

[astorms]

Thanks

Thank you for your comments/advice.
MOXJO7282 just curious, what was the asking price for the two you purchased? I'm trying to determine what I will need to pay to get a two BR Platinum oceanfront at this resort. From the research I have done, they are asking $19,000 plus. Is this a fair price?

 

[MOXJO7282]

Thank you for your comments/advice.
MOXJO7282 just curious, what was the asking price for the two you purchased? I'm trying to determine what I will need to pay to get a two BR Platinum oceanfront at this resort. From the research I have done, they are asking $19,000 plus. Is this a fair price?

The asking price on one was $20k plus $520 closing and fees the other was actually even higher.

I would try to be patient and get something under $17k all in but often it hard with these OF units where you may note get lowest pricing possible because of competition.