Welcome to Cherry Grove North Myrtle Beach, a beautiful coastal community known for its stunning beaches, vibrant atmosphere, and a range of condos that cater to various lifestyles. Whether you’re looking for a vacation getaway, a permanent residence, or an investment opportunity, Cherry Grove has something to offer everyone.
1. Overview of Cherry Grove North Myrtle Beach
Cherry Grove is located at the northern tip of North Myrtle Beach, SC. This charming area is well-loved for its beautiful stretch of sandy beaches, family-friendly atmosphere, and access to a variety of amenities. With easy access to local attractions and coastal activities, it’s no wonder that Cherry Grove North Myrtle Beach condos are a popular choice for both buyers and renters alike.
1.1 History and Culture
The history of Cherry Grove dates back to the early 1930s when it was developed as a vacation community. Over the years, it has evolved into a bustling area with a welcoming community, engaging local traditions, and a thriving rental market. Notably, the Cherry Grove Fishing Pier, built in 1955, is one of the longest piers in South Carolina and remains a popular gathering spot.
2. Types of Condos in Cherry Grove North Myrtle Beach
In Cherry Grove, potential buyers and renters have a range of condo types to choose from. Here are some of the most popular styles:
2.1 Oceanfront Condos
Oceanfront condos offer breathtaking views and immediate access to the beach. These properties are ideal for those who want to enjoy the beauty of the ocean right from their balcony. Examples include:
- Cherry Grove Villas
- Crescent Keyes
- Oceans 10
2.2 Inland Condos
Inland condos provide a more affordable option while still being a short drive or walk from the beach. They often feature amenities such as pools and game rooms. Some notable options are:
- Harbor Cove
- Windy Hill Dunes
2.3 Luxury Condos
Luxury condos in Cherry Grove typically feature high-end finishes, spacious layouts, and additional amenities like fitness centers, spas, and private beach access. Examples include:
- The Grand Atlantic
- North Beach Plantation
3. Pros and Cons of Living in Cherry Grove North Myrtle Beach Condos
| Pros | Cons |
|---|---|
| Proximity to the beach and local attractions | Higher property prices during peak season |
| Family-friendly atmosphere | Potential for noise during tourist season |
| Variety of dining and shopping options | Traffic congestion during peak tourist season |
4. Local Amenities and Attractions
Living in Cherry Grove means having access to a wealth of amenities and attractions. Here are a few highlights:
4.1 Dining Options
Cherry Grove offers a diverse culinary scene. From casual cafes to upscale dining establishments, you’ll find something to satisfy your palate:
- Flamingo Grill: A local favorite known for its seafood and stunning waterway views.
- Crabby Mike’s Seafood: Renowned for its all-you-can-eat seafood buffet.
- Little River Coffee Bar: A charming spot for coffee and pastries.
4.2 Recreational Activities
Cherry Grove is the perfect location for a variety of recreational activities:
- Fishing: The Cherry Grove Fishing Pier is a hotspot for anglers.
- Water Sports: Boating, jet-skiing, and paddleboarding are popular on the coast.
- Golf: Several nearby golf courses, including the famous Tidewater Golf Club.
4.3 Local Events and Festivals
Throughout the year, Cherry Grove hosts various events and festivals that celebrate local culture:
- North Myrtle Beach Music on Main: A free summer concert series.
- Coconut Creek Family Fun Park: Seasonal events for families.
5. Real Estate Market Overview
The real estate market in Cherry Grove has been consistently strong, with demand for condos remaining high. Here are some key statistics that potential buyers should consider:
5.1 Current Trends
In recent years, the market has seen a surge in property values, making it a lucrative option for both investors and homeowners. As of October 2023, the average price per square foot for condominiums in Cherry Grove hovers around $300.
5.2 Investment Opportunities
Due to its popularity as a vacation destination, many condos in Cherry Grove also serve as rental properties. The average rental income for oceanfront condos can range from $25,000 to $50,000 per year, depending on the property and management strategy.
6. Tips for Buying a Condo in Cherry Grove North Myrtle Beach
Whether you’re a first-time buyer or looking to invest, here are some valuable tips:
6.1 Conduct Thorough Research
Before making a purchase, research the market, neighborhoods, and specific condominiums. Websites like Realtor.com and Zillow are excellent resources.
6.2 Consider Rental Potential
If you’re planning to rent out your condo, check the rental regulations for the specific community. Some condos have strict rules about short-term rentals.
6.3 Understand HOA Fees
Many condos in Cherry Grove are part of a homeowners association (HOA), which may charge monthly or annual fees. Make sure to understand what these fees cover to avoid surprises.
7. Frequently Asked Questions (FAQs)
7.1 What is the average price for condos in Cherry Grove North Myrtle Beach?
The average price for condos in Cherry Grove is approximately $350,000, though prices can vary significantly based on location, size, and amenities.
7.2 Are pets allowed in Cherry Grove condos?
Many condos in Cherry Grove have pet restrictions or allowances, so it’s essential to check the specific rules for each property.
7.3 How is the property management in Cherry Grove?
Property management services vary by condo association. It’s recommended to speak with current residents and review online reviews to gauge satisfaction.
7.4 What is the rental income potential for Cherry Grove condos?
Oceanfront condos can generate an annual rental income ranging from $25,000 to $50,000, making them a solid investment for vacation rentals.
8. Conclusion
Cherry Grove North Myrtle Beach condos offer a unique blend of coastal living, community spirit, and investment opportunities. Whether you’re looking to make Cherry Grove your home or a vacation spot, this area is rich in amenities, recreational activities, and local culture. Explore the options available and discover why Cherry Grove is a cherished destination along the South Carolina coast.
For further reading on the real estate market trends and statistics in North Myrtle Beach, you may find the following resources useful: