Myrtle Beach Preconstruction Condos - Blog

The Hoffman Group of Myrtle Beach has implemented a new Blog related to preconstruction condos in Myrtle Beach, South Carolina.

The Blog will be a corporate blog to share valuable information relating to preconstruction condos along the grand strand.

Myrtle Beach has recently been rated by Yahoo as a Top 10 beach destination!

The Hoffman Group has over 22 years in the business and named the area's industry leader in oceanfront condo sales and real estate.

Stay tuned for a great new web site that will include a wealth of information relating to anything Myrtle Beach.

Introducing
Apogee Towers
Myrtle Beach, SC

The dictionary definition of apogee [ap-uh-jee], noun, "the farthest or highest point, apex," accurately describes this amazing new condominium complex located in the heart of Myrtle Beach at 18th Avenue North. Creating this spectacular presence in the future skyline is the architectural firm of Mozingo + Wallace. In yet another vanguard design, Apogee's oceanfront "inverted V" towers connect with a dramatic 200' curved reflective glass front that "floats" over the boulevard entrance.

Apogee Towers Phase I will offer 165 condominium units in the southern portion of the oceanfront 26-story twin towers. Purchasers may choose from condominium plans in one, two or three bedroom styles with either oceanfront or angle oceanfront views. Interiors will be fully furnished and accessorized in European influenced contemporary décor.

We are pleased to present this PRE-RESERVATION RELEASE of this amazing project. You can't purchase at Apogee Towers quite yet, but we are now accepting prefence forms as an indication of your interest. (You'll find the form on the More Information tab on this website.)

View the website at www.apogeetowers.com to learn more about the incredible team that will be responsible for making Apogee live up to its dynamic name: Shroff Development Company, Mozingo + Wallace Architects, LLC and The Hoffman Group.

The Hoffman Group is pleased to join in the marketing of…

THE NORTH BEACH TOWERS
AT NORTH BEACH PLANTATION
View Property Details

North Beach Towers will be built on the North Beach Plantation 7-½ acre oceanfront site in the former Barefoot Campground at the southernmost end of North Myrtle Beach. The two towers will offer staggering direct oceanfront and sweeping southern coastal views along the Atlantic

Stunning twin towers will reflect a southern coastal architectural ambience reminiscent of the styles found in Charleston, Savannah, Georgetown and Wilmington. Equally as spectacular are the two arches that connect the converging towers in a configuration modeled after the famous “Atlantis” Resort in The Bahamas. The upper arch at the 14th floor will contain a two-story restaurant/bar over-looking the ocean along with a penthouse above. The lower arch will embrace a lounge and concierge area.

The rising masterpiece will overlook the Atlantic Ocean and southern coastline through a spectacular large 2-½ acre Caribbean waterpark featuring an unprecedented array of water facilities including a host of outdoor fountains, swimming pools, spas, lazy river and swim-up pool bar. The facility will provide the largest outdoor water park ever built within a Myrtle Beach oceanfront resort. Substantial indoor water amenities will also be available.

All parking will be contained in a connected 600 space covered parking garage immediately adjacent to the ocean towers complex. Access to the towers is completely covered.

A mixture of one, two, three, four and five-bedroom villas comprise the twin towers, referred to as the Indigo House (180 residences), and the Jasmine House (162 residences). We refer to these oversized, spectacular properties as “Beach Houses in the Sky” and feel that they represent, in their spaciousness, a relatively untapped market niche.

All units are direct oceanfront. Special features include nine foot ceilings; double door entrances, 8’ solid core doors, granite kitchen and bath counter tops, custom cabinets, upgraded appliances, large walk-in closets, sound insulated walls between units, porcelain tiled entries, kitchens, and baths, and floor to ceiling glass spilling onto massive oceanfront balconies.

Special project features include oversized high-speed elevators, individual owner storage closets within the homes and in the hallways. All entry corridors will be enclosed and centrally conditioned. A wireless internet capable communications system will be provided.

Features

• Spectacular Oceanfront Georgian Architecture with “bridged” arches
• One of a kind “bridge lounge/restaurant” overlooking the ocean
• Elegant concierge lobby
• Enclosed climate controlled corridors
• Huge 2-1/2 acre water amenity area with pools, fountains and lazy river
• Covered parking adjacent to towers
• Beach Cabanas available
• Luxury high-speed elevators

Tower Standard Features
• Large Oceanfront balconies with panoramic views
• 9 foot ceilings
• Tray ceilings in entry and dining with crown molding in trays
• Classic double door entry
• Designer tile in entry, hall, kitchen and bath
• 7 foot solid core doors throughout
• Sound attenuated walls
• High-speed cable wiring for data, telephone, and full internet
• Wired and wireless access with TV cable
• Private storage rooms for each owner

Exquisite Gourmet Kitchens
• Selection of granite countertops
• Selection of cherry or maple custom cabinetry
• Undermounted stainless steel sink with multi-use faucet
• General Electric “Profile” stainless steel appliances including 23 Cu Ft double door refrigerator; GAS top stove and electric oven

Sumptuous Baths
• Master bath with a selection of granite countertop, double sinks
• Whirlpool tub and separate shower
• Remaining baths also with same granite countertops
• All baths with a selection of classic cabinets and framed vanity mirrors

Luxurious Living Rooms and Bedrooms
• Luxuriously carpeted living rooms and bedrooms
• Large walk-in closets in all Master Bedrooms

Option Features
• Selection of upgrade marble flooring
• Selection of upgrade carpeting
• Appliance upgrades available: General Electric “Monogram” series, Viking, Kitchen-Aid

To View This Property along with Images and contact information please visit http://www.oceaninvestments.com

Myrtle Beach Condo Sales for Myrtle Beach real estate buyers; The Hoffman Group proudly launches a new division, www.mbcondosales.com

Myrtle Beach, SC -– A new Myrtle Beach condo sales division has been launched by The Hoffman Group for people in the market for Myrtle Beach real estate. MBCondoSales is destined to become the premier specialist for existing oceanfront condominium sales opportunities.

“The decision to form a separate and independent force of oceanfront condominium resale sales associates will take the company and market to a new level,” says David Hoffman, founder and CEO of The Hoffman Group. “With hundreds of millions in sales a year, it has become quite difficult for our new project sales force to devote full attention to the needs of their resale customers. Launching www.mbcondosales.com will allow the company to devote the kind of care, focus and excellence in resales that we are known for with respect to new project sales of oceanfront condominiums.”

The Hoffman Group has, through the years, become the premier oceanfront sales and marketing force for bringing new construction and redevelopment projects to the market. Now MBCondoSales.com will focus exclusively on existing Myrtle Beach condos.

Heading up the new division will be long-standing Hoffman Group sales associate Ron Willis. According to Tim Horton, Vice President of Sales, “We looked at several possible candidates before we settled on Ron. We felt that he was the best person for the position considering his knowledge of the oceanfront condominium market, his knack for and love of research and his natural sales persistence.”

“Our goal,” stated Willis, is for MBCondoSales.com to become known as the company with the best prices on the best listings in the best resorts.” Anticipating continued sales growth, Casey Shroff, President of The Hoffman Group, stated that the division will be seeking to hire approximately 50 new sales associates over the next twelve months. The division currently has 12 experienced agents available onsite to work with prospective purchasers. Visit the new office located at 415 79th Avenue North in Myrtle Beach or call 843-449-9500 or toll-free 877-2HOFFMAN (1-877-246-3362).

About The Hoffman Group (www.oceaninvestments.com) and MBCondoSales.com (www.mbcondosales.com)

Dedicated to helping purchasers find the perfect oceanfront condominium for their needs, MbCondoSales.com is destined to become the Myrtle Beach real estate leader in oceanfront condominium resales. The division is also eager to work with owners who are considering selling their Myrtle Beach condos to help establish a listing program that will bring them the best return on their current condominium.

The Hoffman Group has, through the years, taken steps that later appeared to be prophetic and has earned them the reputation as the premier Myrtle Beach Condo sales and marketing firm. Since its inception in 1984, the company is credited with having created and led most every major trend in its dynamic "niche" segment of the market. The sales force, following the founder’s astounding vision with clarity, focus and zeal, has sold thousands of oceanfront condominiums within dozens and dozens of resorts. The process has changed the area’s physical landscape as well as the economic landscape and driven the Myrtle Beach resort condominium market to unprecedented heights.

Visit MBCondoSales.Com Now

Visit The Hoffman Group

I am a recent user of the Awesome site Digg.Com! The site is a great place to find blogs for any type of industry. However, there is no category for real estate! There is a Business and finance section but I think they really should add a Real Estate Section.. There are so many of us in the Real Estate industry and what a better place than Digg to find our information?

As I am becoming more familiar with the site I am still searching for a place where we may be able to suggest a category.

If you aren't using Digg.com to find the latest information on any subject the world has to offer I strongly suggest you sign up. You can even add Blog entries to your own Blog from the Digg site! How cool is that? You find something interesting and want your site's audience to know about it, just click the little Blog it button under the story and you can have it imported right into your blog.

As a user you can find excellent entries and then click the button that says "Digg" this will actually rate the article, if enough people rate the article you could end up on their homepage which can deliver a tremendous amount of traffic.

I am going to submit this post to digg with the hopes that more individuals in the Real Estate industry will find out about Digg and make a big enough impact so that Digg may consider adding a Real Estate Category.

I have noticed the site being more technology related and they people over there are very friendly and offer some very valuable resources. This site was a very well thought out site and has become very useful.

I was at the SES conference this past week and was actually alarmed when some of the Panel Speakers mentioned Spamming Digg! I do not think it should be used for spamming to generate traffic to your site! Hopefully Digg will remain a valuable resource to us all and we can all help fight the spam by clicking the Bury It Button! Great tool... If you think someone is just using the site to Spam you can Bury the story and they will never make it on the site.. Great to get rid of all the spammers...

Anyway, I hope this article was a little helpful and will share some insight on the Digg site and help us in the Real Estate world start using tools like this to better understand what is happening in our industry.

So, take a moment to visit Digg.com, sign up and see for yourself just how much information you will find.

Please click the Digg This link at the bottom of this article and you will actually help this information get out to others who need to know about the wonderful Digg.Com site.

Thanks and have a great day!

More to come in the future for this Category on Technology and Real Estate.

Randy

Some quick details for you about Myrtle Beach, South Carolina:

Yahoo Travel has recently rated Myrtle Beach a top 10 beach destination!

Myrtle Beach is one of the fastest growing cities throughout the US. Housing is still very cheap and offers so much to do. For those of you who do not know much about Myrtle Beach, it's located along the Eastern part of South Carolina and offers a great resort destination to family travelers and known for it's 100+ golf courses.

Here is a bit of information about the location:

HISTORY:

Myrtle Beach was uninhabited until 1908 when a railroad was built between Conway and Myrtle Beach. The railroad ended in 1899 in the locale of Pine Island and was extended four miles into the future city. The Pavilion, as well as the Seaside Inn, were built in today's downtown.

By the 1930s, the city grew to include areas as far north as present-day Ocean Forest. The Ocean Forest Hotel was built about this time (which was to be demolished in 1974). The Intracoastal Waterway began construction several years later. Almost a year later, the city was incorporated as a town in 1938 and became a city in 1957. Its name was derived from the Wax myrtle shrub that grows throughout the area.

In the 1960s, northern development in what was unincorporated Horry County began to develop, with the newly formed communities of North Myrtle Beach and Briarcliffe Acres.

Myrtle Beach continued to grow, and by the 1970s, had become well associated with tourism. Parts of what is now US 17 Bypass were built later in the decade. The building boom along the Grand Strand began in the late 1970s, with many suburbs of Myrtle Beach such as Surfside Beach and North Myrtle Beach.

By the late 1980s and into the early and mid 1990s, Myrtle Beach grew into the county's 18th largest population gain. The community of Carolina Forest eventually would house 56,000 residents. This community would either be annexed into Myrtle Beach at a later date or would become its own community. Carolina Forest has become home to many non-native residents, many of whom come from the Northeast. Because of relatively low cost of living and many amenities, it has attracted many retirees, some of whom became acquainted with the area while vacationing.

Demographics

As of the censusGR2 of 2000, there were 22,759 people, 10,413 households, and 5,414 families residing in the city. It has a metropolitan population of about 217,608 which is steadily rising. The population density was 523.7/km² (1,356.3/mi²). There were 14,658 housing units at an average density of 337.3/km² (873.5/mi²). The racial makeup of the city was 81.16% White, 12.76% African American, 0.42% Native American, 1.28% Asian, 0.13% Pacific Islander, 2.37% from other races, and 1.88% from two or more races. Hispanic or Latino of any race were 4.67% of the population.

There were 10,413 households out of which 20.3% had children under the age of 18 living with them, 36.8% were married couples living together, 11.1% had a female householder with no husband present, and 48.0% were non-families. 34.1% of all households were made up of individuals and 10.4% had someone living alone who was 65 years of age or older. The average household size was 2.17 and the average family size was 2.79.

In the city the population was spread out with 18.0% under the age of 18, 11.0% from 18 to 24, 33.6% from 25 to 44, 22.5% from 45 to 64, and 15.0% who were 65 years of age or older. The median age was 37 years. For every 100 females there were 103.0 males. For every 100 females age 18 and over, there were 101.0 males.

The median income for a household in the city was $35,498, and the median income for a family was $43,900. Males had a median income of $26,039 versus $22,473 for females. The per capita income for the city was $23,214. About 7.6% of families and 12.0% of the population were below the poverty line, including 17.1% of those under age 18 and 6.6% of those age 65 or over.

Attractions
Broadway at the Beach which is located on the north side of the city is known widely for its restaurants and all kinds of entertainment venues such as Ripley's Aquarium and NASCAR Speedpark. At the heart of downtown located right off of U.S. Route 501 there is the Myrtle Beach Pavilion which is a major amusement park in the area that draws a great number of visitors and locals. In the spring of 2006 Burroughs & Chapin, the company that owns the Pavilion, announced its closure, which occurred in September 2006.

Alligator Adventure — hailed as the 'reptile capital of the world', this attraction is located in North Myrtle Beach
Hard Rock Park — a rock 'n' roll theme park set to open April 2008, this will be the first theme park the area has seen
Family Kingdom Amusement Park — a sea-side amusement park
Myrtle Waves — A major South Carolina water park
The Carolina Opry
House of Blues
Dolly Parton's Dixie Stampede
Ripley's Aquarium
Ripley's Believe It or Not
The Medieval Times Restaurant & Tournament

Shopping
Coastal Grand Mall — One of the area's most recent retail malls is Coastal Grand Mall, which is located at the intersection of U.S. Highway 17 bypass and Hwy 501. At 1.5 million square feet (140,000 m²), Coastal Grand is supposedly the largest mall in South Carolina.
Tanger Outlet Center — There are two Tanger Outlet shopping malls, one located off of Hwy 501 and another near the intersection of Hwy 17 and the Veteran's Hwy 22.
Broadway at the Beach — Located in the center of Myrtle Beach, Broadway at the Beach opened in 1995 and is the hub of Myrtle Beach shopping.
Barefoot Landing — Located in North Myrtle Beach, this shopping center also includes Barefoot Resorts and residential areas west of the waterway.
Inlet Square Mall — Located near Murrells Inlet, this shopping mall has a 12 screen movie theater, and a children's play area in the food court

If you are planning to take a vacation, definately think about Myrtle Beach for your next trip!

Randy
Myrtle Beach Condo Sales and Preconstruction Investments

Whether putting money in offshore accounts, claiming tax exemption and write-offs, or just pulling an Al Capone-style evasion, investors are always trying to save money on federally mandated taxes. Created as a tax incentive for Americans to invest their capital in American properties, the 1031 property exchange is a completely legal way to do so. Outlined in Section 1.1031 of the IRS Code, these exchanges follow strict guidelines in order to defer and minimize taxes, not evade them.

1031 exchanges operate on the principle that reinvesting the profit from a property sale does not generate the funds proper to pay any tax. When exchanging for a similarly used (“Like-Kind” property in IRS lingo), the value of the investment does not change, hence no taxable gain. The transaction taxes are deferred until the final sale of the replacement property, thus granting the investor more money to invest in property, like a tax-free federal loan.

Rules of the 1031 Exchange

Since 1031 exchanges operate within federal regulations to postpone paying taxes, they must adhere to the strict guidelines outlined in the IRS code. Only properties used for commercial purposes or intended solely as investments qualify to be exchanged with tax deferments. Personal residences do not count and vacation homes are only acceptable if they have been rented to tenants for profit for a year or more. If the property is of this commercial type, it may be exchanged for any other “like kind” property. Land, house, multi-family housing structure, office, retail space, warehouse, and any other type of profitable property all may be exchanged for another.

The value of the replacement property must be greater than or equal to the value of the relinquished property. The same holds true for the equity and debt on the replacement property. The sale of the relinquished property must be exchanged for a replacement property and all the proceeds from the sale of the relinquished property must be invested in the replacement.

Investors have 45 days to complete the exchange, during which their proceeds must be held in a safe harbor so the investor (taxpayer) does not have a concrete receipt of the funds that would be eligible for taxation, thus disqualifying the exchange. This safe harbor is referred to as a Qualified Intermediary (QI) who is responsible for moderating the transaction as a neutral party with no blood or personal relationship to the investor. During the 45-day period, the investor must find a suitable “like-kind” replacement property in the value range mentioned in the previous paragraph. There are no extensions, so if the deadline is not met, the investor will have to pay taxes on the relinquished property. The number of properties investor can identify is flexible, however he must stay within at least one of three constraints;

Investor may identify three or fewer replacement properties
Investor may identify as many properties as he desires, but their collective value may not exceed 200% of the value of the relinquished property
Investor may identify as many properties as he wants, but when he actually acquires a property, or properties, the value must be at least 95% of the value of all the identified properties
The investor must choose an acceptable property and complete the purchase within 180 days of selling the relinquished property or the exchange will be compromised.

Taxable Cash Boot

Boot is another aspect of the 1031 exchange that is strictly regulated. “Boot” refers to any property that is not like-kind that changes hands during the 1031 exchange, most often in the form of cash or mortgages. Usually, the relinquished and replacement properties will not be completely equal in value, so one party may give cash to the other to compensate for the difference. This is called “cash boot,” and the term includes any sales proceeds that the investor does not reinvest in the replacement property, which are both taxable.

If the relinquished property has a mortgage on it, the investor must put a larger mortgage on the replacement property or the monetary discrepancy is called “mortgage boot,” also eligible for taxation. Increasing the mortgage on the replacement property or putting your own money (separate from the exchange) into the property can make up the difference in purchase price, thus nullifying the mortgage boot. All cash boot is taxable, therefore its minimization is preferential.

1031 exchanges are beneficial to the investor as they provide more start-up capital to invest in a property by saving that amount from federal taxation. But remember, taxes are not cancelled, merely postponed until the property is ultimately sold. Or the investor can keep the property until death when taxes no longer apply.

Preconstruction Condos are a great way to take advantage of the 1031 Tax Exchange.

To View available Myrtle Beach Preconstruction Investment Opportunities Click Here

Article From Yaerd