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$389,500 SIGNIN

Sign in to see required down payment for the 5.12% rate

1104 Plantation Dr, Myrtle Beach, SC 29575

4 beds · 3 baths · 3,400 sqft

Concierge

Get a free consultation call with an expert in the mortgage assumption process.

***OPEN HOUSE Saturday March 8th 12-2pm*** Welcome to 1104 Plantation Drive, a stunning 4-bedroom, 2.5-bathroom home nestled in the desirable Deerfield community of Surfside Beach. This charming property combines comfort, style, and functionality—perfect for families or anyone seeking a serene coastal lifestyle. Home Highlights: Living Room: Bright and inviting with a cozy brick fireplace, ideal for family gatherings and creating warm memories. Kitchen: A chef’s delight featuring: • Stainless steel appliances and refrigerator with built-in tablet • Granite countertops • Breakfast bar • Pantry • Ample cabinet space for organization Master Suite: A private retreat with: • Expansive walk-in closet that could be used as an office or sitting room • Direct access to the laundry room for added convenience • En-suite bathroom with vanity and tub/shower combo Additional Features: • Dedicated office area for remote work or studying • Versatile family room that can double as a dining space • Separate laundry room for practicality • Roof only two years old Outdoor Living: • Enclosed Porch: Relax and enjoy the peaceful surroundings. • Back Patio: Perfect for entertaining or soaking up the sun. • Front Porch: Welcoming and ideal for enjoying the neighborhood charm. • Large backyard for an inground pool Prime Location: Just a short golf cart ride to the beach. Situated near 17 Business, this home offers quick access to some of the area’s best attractions: • Myrtle Beach State Park • The Market Common • Murrells Inlet Marshwalk • Brookgreen Gardens • World-class golfing, shopping, dining, and entertainment are all just minutes away! Why Choose This Home? With its combination of comfort, thoughtful design, and unbeatable location, 1104 Plantation Drive is the perfect place to call home. Don’t miss your chance—schedule your showing today and discover the best of Surfside Beach living!

Estimated
Seller's interest rate
5.12%
7%
Estimated
Monthly payment

$2,615
$3,029
You may also save up to $134,641 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $3,029 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
FHA
Rate
5.12%
Remaining term
27 yrs and 1 mo
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,615
Principal & interest
$2,003
Mortgage insurance
$260
Property taxes
$92
Home insurance
$198
HOA fees
$60
Utilities
Not included

Source: Public records

Home details
Size
2,436 sqft
Lot size
0.25 acres
Year built
1987
Type
Single Family Residence
HOA dues
$60.00

Source: MYRTLEBEACH #2426664

Qualify

To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

View all FAQs
Last updated: Apr 25, 2025 12:23 am
Listing agent: Prescott Beach Homes Team (843) 560-9888
Listing provided courtesy of: Weichert Realtors SB (843) 280-4445
Details provided by MYRTLEBEACH and may not match the public record.
MLS ID: #2426664
Provided courtesy of the Coastal Carolinas MLS. Copyright ©2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.
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$2,615
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