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$1,690,000
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Property Description
This exceptional residence combines the highly sought-after "02" floor plan - widely considered the premier layout in the building - with the quiet exclusivity of a private residential floor. As the forward-most unit in the prestigious Margate Tower, the "02" floor plan offers expansive north- and south-facing wraparound balconies with breathtaking panoramic coastline views. To the north, the view stretches for miles up the shoreline toward North Carolina, while the southern exposure showcases the stunning South Carolina coast. Offering approximately 3,333 square feet, this luxurious corner residence features 4 bedrooms, 3 bathrooms, and an impressive 11 oceanfront windows and sliding glass doors that flood the home with natural light. The expansive 546-square-foot balcony wraps around two sides of the building, creating exceptional outdoor living space ideal for entertaining or relaxing by the ocean. Additional conveniences include a perfectly located private storage room and the unmatched privacy of a non-short-term-rental floor. One of the most unique and valuable features of this property is its location on the 5th floor of Kingston Plantation, a floor designated exclusively for primary and secondary residences. No short-term rentals are permitted, offering a quieter and more refined residential atmosphere rarely found in oceanfront living. This stunning condo has been fully renovated with high-end finishes throughout, including NuCore Performance 9-inch luxury waterproof LVP flooring in "Sugar Sand," fresh Sherwin-Williams Emerald paint, upgraded lighting throughout all living spaces, and beautifully redesigned bathrooms featuring floor-to-ceiling tiled walk-in showers, upgraded plumbing fixtures, and stone countertops. The kitchen showcases custom wood cabinetry, stainless steel appliances, upgraded finishes, a wine refrigerator, trash compactor, and elegant stone surfaces. The open-concept great room is complemented by soaring nine-foot ceilings and spectacular ocean views. Three of the four bedrooms offer direct oceanfront views, while the primary suite includes private balcony access for a truly resort-style experience. Once you own an "02," there's simply no going back. Residents of Margate Tower enjoy exceptional amenities, including construction built to International Building Code standards, a five-level parking garage, an elegant lobby with 24/7 attendant service, and a two-level heated pool and hot tub. Kingston Plantation also offers a world-class spa and fitness center featuring an indoor heated pool, state-of-the-art fitness equipment, tennis and pickleball courts, a golf simulator, putting green, and luxury spa services. Just a short walk along the oceanfront boardwalk, Embassy Suites by Hilton Myrtle Beach Oceanfront Resort offers additional resort amenities, including restaurants, pools, and a family-friendly water park. Set within a beautifully maintained 145-acre oceanfront resort community, this one-of-a-kind property delivers an unmatched combination of luxury, privacy, and coastal lifestyle.
Full Property Details
Full Property Details for 8500 Margate Cir #502
General
- Price: $1,690,000
- HOA FEE: $2,059/month
- Status: Active
- Type: Condo
- Source: 2260
- MLS ID: 2612693
- Updated: 7/7/2026
- Added to Site: 98 day(s) ago
Interior
- Interior Features: Dual Sinks, Garden Tub/Roman Tub, Separate Shower, Vanity, Walk-In Closet(s), Breakfast Bar, Entrance Foyer, High Speed Internet, Stainless Steel Appliances, Solid Surface Counters
- Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Trash Compactor
- Flooring: Luxury Vinyl, Luxury VinylPlank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Washer Hookup
Additional Information
- Shared Amenities: Beach Rights, Clubhouse, Gated, Owner Allowed Motorcycle, Private Membership, Pool, Pet Restrictions, Security, Tennis Court(s), Trash, Cable TV, Elevator(s), Maintenance Grounds
- Pool: Yes
- Private Pool: Yes
- Pool Description: Community, In Ground, Outdoor Pool
- Spa: Yes
- Spa Description: Hot Tub
- Security/Safety: Gated Community, Smoke Detector(s), Security Service
Exterior
- Exterior Features: Balcony, Elevator, Hot Tub/Spa, Pool, Storage
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Deck
Location
- Area: 16B Myrtle Beach Area--Arcadian
- County: Horry
- Subdivision: Kingston Plantation - Margate Tower
- Building Name: Margate Tower
- Driving Directions: *****Driving South on US 17 from North Myrtle Beach***** Use the left 2 lanes to turn left onto Kings Rd/State Rd S-26-559 1.3 mi Turn left onto Lake Dr 377 ft At the traffic circle, take the 1st exit onto High Cir Partial restricted usage road - visitors must be accompanied by agent from guard shack 0.1 mi Turn right onto Lake Dr 0.3 mi Turn right onto Queensway Blvd 0.2 mi Turn left into parking lot Destination will be on the right 141 ft 8500 Margate Cir Myrtle Beach, SC 29572 *****Driving North on US 17 from Myrtle Beach***** Turn right onto Chestnut Rd 0.7 mi Turn right onto Kings Rd/State Rd S-26-559 499 ft Turn left onto Lake Dr 377 ft At the traffic circle, take the 1st exit onto High Cir Partial restricted usage road - visitors must be accompanied by agent from guard shack 0.1 mi Turn right onto Lake Dr 0.3 mi Turn right onto Queensway Blvd 0.2 mi Turn left Destination will be on the right 141 ft 8500 Margate Cir Myrtle Beach, SC 29572
School Information
- Elementary School: Myrtle Beach Elementary School
- Middle School: Myrtle Beach Middle School
- High School: Myrtle Beach High School
Community
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric, Forced Air
Utilities
- Water: Public
- Utility Description: Cable Available, Electricity Available, Phone Available, Sewer Available, Underground Utilities, Water Available, High Speed Internet Available, Trash Collection
Structural Information
- Architectural Style: High Rise
- Exterior Const.: Concrete, Steel
- Windows/Doors: Storm Window(s), Insulated Doors, Storm Door(s)
- Entry Floor Number: 5
- Square Feet: 3,333
- Living Area: 2,787 Sq. Ft.
- Year Built: 2004
- Property Condition: Resale
Additional Structures
- Other Structures: Second Garage
Lot Features
- Property View: Ocean
- Lot Features: Flood Zone, Outside City Limits
- Zoning: MF
Water Features
- Water Front: Yes
- Water Front Desc.: Ocean Front
Green Features
- Energy Efficient: Doors, Windows
Financial Considerations
- Association Fee: $2,059
- Assoc Fee Freq.: Monthly
- Terms: Cash, Conventional, FHA, Portfolio Loan, VA Loan
Disclosures and Reports
- Disclosures/Reports: Covenants/Restrictions Disclosure, Seller Disclosure
- Property ID: 39308040110
Listed by St. Germain Properties LLC
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Schools
Schools serving 8500 Margate Cir #502
School District:Horry County School District
| Name | Grades | Distance |
|---|---|---|
Myrtle Beach Elementary 950 Seahawk Way, Myrtle Beach, SC 29577 | 3-5 | 5.8 mi |
Myrtle Beach Child Development Center 612 29th Avenue North, Myrtle Beach, SC 29577 | PK-K | 6.1 mi |
Myrtle Beach Primary 620 29th Avenue North, Myrtle Beach, SC 29577 | 1-2 | 6.2 mi |
Myrtle Beach Middle School 3101 North Oak Street, Myrtle Beach, SC 29577 | 6-8 | 6 mi |
Myrtle Beach High School 3302 Robert M Grissom Parkway, Myrtle Beach, SC 29577 | 9-12 | 5.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8500 Margate Cir #502
Date
Details
Price
Change
Source
7/07/2026
Price Reduced
$1,690,000
-5.59%
MLS
5/16/2026
Listed
$1,790,000
19.33%
MLS
11/04/2021
Sold
$1,500,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8500 Margate Cir #502
Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,818
236%
-100%
2024
$5,309
-8%
$58,800
-42%
2023
$5,779
-53%
$100,800
—
2021
$12,301
4%
$100,800
—
2020
$11,819
—
$100,800
-89%
2019
$11,819
11%
$956,800
15%
2018
$10,662
—
$832,000
—
2017
$10,647
—
$832,000
—
2015
$10,647
3%
$832,000
—
2014
$10,288
-1%
$832,000
1533%
2013
$10,350
—
$50,940
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8500 Margate Cir #502
8500 Margate Circle #502, Myrtle Beach, SC 29572 (MLS# 2612693) is a Condo property with 4 bedrooms and 3 full bathrooms. 8500 Margate Circle #502 is currently listed for $1,690,000 and was received on May 16, 2026. Want to learn more about 8500 Margate Circle #502? Do you have questions about finding other Condo real estate for sale in Myrtle Beach? You can browse all Myrtle Beach real estate or contact a Coldwell Banker agent to request more information.

