Fractional home ownership Myrtle Beach SC offers a more personalized and financially sound alternative to traditional vacation
home purchases, providing all the benefits of ownership at a fraction of the cost (pun intended). Unlike timeshares, fractional ownership comes with actual equity in the property, more flexible use, and the potential for financial gain. For those looking to enjoy a luxury vacation home without the full commitment of ownership, interval home ownership is an attractive option worth considering especially in SC resort communities such as Wild Dunes on Isle of Palms or Litchfield By The Sea in Pawley’s Island. Fractional home ownership, also known as co-ownership, partial ownership, or interval ownership, is an increasingly popular way for individuals to invest in luxury real estate without the full financial commitment of buying a property outright. Especially in Pawley’s Island and Litchfield By The Sea Resort. one of the more pricey towns of the Pee Dee and greater Myrtle Beach MLS market. This concept allows multiple buyers to purchase a share in a property, typically high-end vacation homes, and enjoy the benefits of ownership for a fraction of the cost. View all MLS listings of interval partial, co-ownership homes for sale below by price, town, type, beachfront intervals and more.
MLS Listings Data
| Total Listings: | 21 |
| Average Price: | $60,181 |
| Highest Listing Price: | $190,000 |
| Average Days On Market: | 195 |
| Average Price/SqFt: | $38 |
Pawley’s Island & Myrtle Beach Fractionals Co-ownership Interval Homes For Sale currently has twenty-one (21) for sale on MLS. Pawley’s Island & Myrtle Beach Fractionals Co-ownership Interval Homes For Sale listings have an average sales price of $60,181 ranging in price from $4,500 to $190,000. The average sq ft home size of Pawley’s Island & Myrtle Beach Fractionals Co-ownership Interval Homes For Sale Pawleys Island SC is 1,585 square feet. The largest property for sale is 4,710 sqft and smallest 600 sqft. View property listings for sale by price, street, subdivision, age, property type, location, features, size, and listing date, and time on MLS with an of 195 days on the market.
What's YOUR Home Worth?
$ 190,000
Welcome to your slice of paradise at North Litchfield Beach! This stunning oceanfront deeded interval property offers the perfect blend of luxury and relaxation all while being pet friendly. With 4 weeks per year, you'll have ample opportunity to unwind in this coastal haven. Enjoy breathtaking views and fresh ocean air from several balconies, perfect for morning coffee or sunset cocktails. Access all floors with ease thanks to the convenient elevator, making every corner of the property easily accessible. Indulge in spacious and elegant bedrooms, totaling six in number. Each bedroom is a private sanctuary, providing the perfect retreat after a long day plus enjoy the ultimate in convenience with six ensuite baths. Additionally, a well-appointed half bath adds to the convenience and functionality of this home. Embrace leisure time with a ping pong table and shuffleboard court, providing endless entertainment options for all ages. Whether you're seeking a peaceful retreat or an active coastal getaway, this oceanfront oasis has it all. Don't miss out on the opportunity to own a piece of paradise in North Litchfield Beach. Schedule your viewing today and start making memories that will last a lifetime!
$ 190,000
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Introducing the epitome of luxury coastal living in the prestigious Charlestowne Grant; an exquisite oceanfront interval house boasting 7 bedrooms, 7 and a half bathrooms, and an exclusive 4-week ownership per year. Nestled within the secure confines of the gated community of Litchfield by the Sea, this property is a true gem of the Lowcountry. With this interval ownership, you can enjoy 4 weeks of the year in this extraordinary property. Experience the best of Pawleys Island in every season, creating cherished memories with friends and family. The hassle-free interval ownership system ensures that the property is impeccably maintained year-round. Litchfield by the Sea offers a host of amenities, including tennis courts, walking and biking trails, a private oceanfront clubhouse, and a renowned fishing lake.
$ 185,000
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Well maintained 2 bedroom, 2 1/2 bathroom, 13 week interval located at Sandpiper Run Building A in gated Litchfield By The Sea. Enjoy the beautiful sights and sounds of the beach & ocean from your large covered balcony (5' 1/2" x 19' 1/2") accessed from the great room or your second covered balcony (5' 1/2" x 10') accessed from your master bedroom. This quartershare interval offers you 6, 2 week blocks and 1 additional week for a total of 13 weeks each year. Other features to include a fully equipped kitchen with a breakfast bar, dining area with seating for 6, wet bar with ice maker, sofa bed in great room, seperate laundry room, mounted flat screen TV's in the great room and each bedroom, reserved covered parking spot, and a storage closet for your beach gear. Sandpiper Run offers easy access to the beach, large common area with a pool, hot tubs, bathrooms, and grilling & picnic area. Recent updating in kitchen, laundry room, and wet bar area. Granite countertops were added, refaced cabinets and drawers, and a new oven/stove. If you are looking for your place at the beach without the expense of full ownership, then look no further than a quartershare of Sandpiper Run A2U. Litchfield By The Sea offers 24 hour gated security, walking and bike paths, fishing and crabbing areas, and Tennis and Pickleball Courts. Litchfield By The Sea is close to area restaurants, shopping, night life, and championship golf courses. Make your appointment today to start making your beach dream a reality.
$ 165,000
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$ 143,999
Dog Friendly and rentable ocean front 4 week interval located in gated Inlet Point. Well maintained 4 bedroom and 4 full bathroom condo. Great room with mounted TV, electric fireplace, game table area, and wet bar. Full service kitchen with plenty of counter space, cabinets, and breakfast bar. Dining area off of kitchen. Screened-in porch and decking off of common areas. Master bedroom with vaulted ceilings, loft area, and private screened-in porch. 3 other bedrooms (2 En-Suite) with full bathrooms. Each bedroom has a television. Ground floor covered decking with a hammock for your afternoon nap time. Inlet Point Condos has access to 2 outdoor pools and a fishing and crabbing dock. Did I mention this interval is dog friendly and you can rent your unused weeks commercially??? Enjoy the private beaches as well. Inlet Point is close to all Pawleys Island and Murrells Inlet Restaurants, local shopping, and many championship golf courses. Make your appointment today and buy your little piece of Pawleys Island, SC. Monday changeover.
$ 143,999
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Discover the coastal lifestyle you’ve been dreaming of in this stunning two-story oceanfront penthouse in Garden City Beach. This spacious 3-bedroom condo offers the perfect beach retreat, complete with two expansive oceanfront balconies where you can take in breathtaking sunrises and the soothing sounds of the Atlantic. Located in Reflections, an intimate building with only 18 units across six floors, you’ll enjoy a sense of privacy while being just moments from the Garden City Pier, Surfside Pier, and the dining and entertainment of the Murrells Inlet Marshwalk. Building amenities include an elevator, outdoor pool, and both covered and uncovered parking for your convenience. Exciting updates are underway for the building, including exterior painting, siding repairs, and the addition of shutters for a refreshed coastal look. Schedule your private tour today and experience the best of beach living in Garden City Beach.
$ 99,000
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Experience the ultimate beachfront getaway with this interval ownership at the gated, oceanfront community of Inlet Point located on a secluded peninsula in Litchfield Beach! This charming second-floor 2-bed, 2-bath condo offers breathtaking ocean and beach views from the comforts of your living, dining areas with wall-to-wall sliders that open onto an oceanfront balcony extending your outdoor ocean views into the living area. Your living area is connected with hardwood flooring flowing through the living, dining, kitchen and wet bar areas. The fully equipped kitchen includes a breakfast bar, perfect for entertaining. The condo offers an owners’ suite as well as a guest bedroom and guest bathroom. As a interval owner you will enjoy walking out to 7 miles of pristine sandy beach. Inlet point has other resort-style amenities including two swimming pools (one Olympic-sized), a hot tub, a playground, a creek dock, and 24-hour gated security. You can own 4 weeks per year (1 per season) of ocean view property or rent your week for a little extra income. Schedule your showing today!!!!!
$ 85,000
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A RARE OPPORTUNITY TO OWN AN INTERVAL OWNERSHIP AT NAUTICAL WATCH. A DIRECT OCEANFRONT 3 BEDROOM 2 BATH CONDO. THE SHAREHOLDER WILL GET 8 WEEKS A YEAR SOME YEARS 9 WEEKS. THE WEEKS WILL ROTATE EACH YEAR. THE CONDO IS 2 LEVELS AND HAS TWO 24 FOOT OCEANFRONT BALCONIES. SIT ON YOUR OCEANFRONT BALCONY AND WATCH THE WINDY HILL BEACH AND THE BIG BLUE ATLANTIC ROLL IN!
$ 55,000
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Stunning 4BR/3BA Oceanfront Interval Ownership at Ocean Bay Club – North Myrtle Beach Enjoy luxury coastal living at a fraction of the cost with this beautifully furnished 4-bedroom, 3-bath interval ownership unit in the sought-after Ocean Bay Club in the heart of North Myrtle Beach. Located just steps from Main Street, this spacious condo offers breathtaking ocean views and resort-style amenities, all while providing 4 weeks of usage per year on a rotating calendar. Inside, you'll find an open-concept living and dining area flooded with natural light and panoramic views of the Atlantic. The fully equipped kitchen features granite countertops and plenty of space for entertaining. The master suite boasts ocean views, a king bed, and an en-suite bath with a soaking tub and walk-in shower. Additional highlights include: Tile flooring throughout Full-size washer and dryer in unit Private oceanfront balcony perfect for morning coffee or sunset cocktails Spacious guest bedrooms and baths for family or guests. Ocean Bay Club offers fantastic amenities including indoor and outdoor pools, a lazy river, fitness room, and direct beach access. With its central location near dining, shopping, and entertainment, this property delivers the perfect vacation experience. Whether you're looking for a personal getaway or a smart investment in shared ownership, this is an exceptional opportunity to own a slice of paradise on the Grand Strand.
$ 50,000
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Experience the best of coastal living with this stunning 3-bedroom, 3-bath oceanfront condo in North Myrtle Beach, offered through interval ownership. Enjoy the luxury of beachfront living without the full-time commitment, with your ownership granting you access to this beautiful property for 4 weeks each year. This condo features a spacious open-concept layout, designed to maximize natural light and showcase breathtaking ocean views. The living area opens to a private balcony where you can relax and take in the sound of the waves and the sight of the sun rising over the Atlantic. The well-appointed kitchen includes modern appliances, quartz countertops, and ample storage, making it perfect for preparing meals for family and friends. Each bedroom is a peaceful retreat, with the master suite offering its own private balcony access and an en-suite bathroom. Additional bedrooms are a great size, each having it's own bathroom. As an owner, you'll enjoy access to a range amenities, including an indoor pool, building elevator, direct beach access and a parking garage. Located in a prime area of North Myrtle Beach, this condo is close to popular attractions, shopping, dining, and golf courses. Interval ownership provides a flexible and affordable way to enjoy luxurious oceanfront living, with the opportunity to create lasting memories with loved ones year after year. Whether you're looking for a vacation home or an investment, this property offers the perfect blend of convenience, comfort, and coastal charm.
$ 35,000
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How Fractional Home Ownership Works
In a fractional ownership arrangement, a property is divided into equal shares, and each co-owner holds a deeded interest in the property. These shares usually represent a specific percentage of the property’s total value and grant the owner rights to use the property for a corresponding portion of the year. For example, if a home is divided into 12 shares, each owner would typically have access to the property for one month each year.
Co-owners share the costs associated with the property, such as maintenance, taxes, insurance, and management fees. These expenses are divided proportionally based on the ownership share. Fractional ownership offers a way to enjoy the perks of owning a vacation home—like having a consistent place to stay, the ability to customize the property, and potential financial appreciation—without bearing the full burden of costs.
The Difference Between Fractional Ownership and Timeshares
While fractional ownership and timeshares may appear similar on the surface, especially since both involve shared use of a property, they differ significantly in terms of structure, value, and overall experience.
1. Ownership and Equity:
- Fractional Ownership: Co-owners hold actual equity in the property. Their shares are deeded, meaning they own a portion of the property outright. This equity can appreciate over time, allowing owners to potentially profit from the property’s increased value when they sell their share.
- Timeshares: In a timeshare arrangement, you do not own the property itself but rather the right to use it for a set period each year. Timeshares generally do not build equity, and their resale value is often much lower than the original purchase price, making them less attractive as an investment.
2. Duration of Use:
- Fractional Ownership: Owners typically enjoy longer and more flexible use periods, often several weeks or months each year, depending on their share size. Scheduling is also more flexible, allowing owners to choose times that best suit their needs.
- Timeshares: Usage is usually limited to a fixed week or a rotating schedule, with less flexibility in when you can use the property. This rigid schedule can be a drawback for those with fluctuating vacation times.
3. Quality and Management:
- Fractional Ownership: Properties under fractional ownership are often high-end, luxury homes with superior management and maintenance standards. Owners have a say in how the property is managed, ensuring it remains in excellent condition.
- Timeshares: The quality of timeshare properties can vary widely, and owners have little to no control over management decisions. Additionally, timeshares are often in resort-style developments with multiple units, which can feel less exclusive.
4. Financial Implications:
- Fractional Ownership: Because fractional ownership involves actual property ownership, it can be a solid financial investment. Owners may benefit from property appreciation, rental income, and potential tax advantages associated with real estate ownership.
- Timeshares: Timeshares are generally seen as a purchase of use rather than an investment. They often come with high upfront costs and annual maintenance fees that do not translate into equity or significant resale value.
Can I rent out my unused weeks? – Usually NO. The reason being is because you own with usually 8 or 9 other couples or families and people want to know who is coming and going, so 9 times out of 10, most fractionals do not allow renting out of your unused ownership time. You may be able to allow your cousin to bring their family, and then take money from them, but you can’t advertise and allow strangers to rent. There are a few properties around Charleston where they do allow it, but it is on a random basis. We would have to get the governing docs to see.
