$95,000
SOLD OCT 25, 2021

1605 S Ocean Blvd Unit 1503 Myrtle Beach, SC 29577

-- Bed
1 Bath
400 Sq Ft
$399/mo HOA Fee

Recently Sold

$238 Per Sq Ft

6% Above List Price

5 Days on Market

Highlights

  • Ocean Front
  • End Unit
  • Balcony
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Geothermal Heating and Cooling

About This Home

As of May 2023

Direct oceanfront efficiency condo at The Palace Resort! Well maintained end unit with southern beach views. A great beach get-a-way or an investment property; this unit is a rental machine! The Palace Resort features a host of amenities: Large oceanfront outdoor pool, outdoor whirlpools, putting green, exercise room, sauna, restaurant/lounge, free wireless internet, guest laundry facilities, attached parking garage. The Palace is just minutes from Market Common, the Boardwalk, Broadway at the Beach and the Myrtle Beach Airport.

Last Agent to Sell the Property

Isaac Larrowe

ERA Real Estate Modo License #92422 Listed on: 09/05/2021

ERA Real Estate Modo

Last Buyer's Agent

Ashleigh Sottile

Century 21 Stopper &Associates License #85126

Century 21 Stopper &Associates

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 400 Sq Ft Home
  • Furnished
  • Window Treatments
  • Carpet

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Balcony

Utilities

  • Geothermal Heating and Cooling
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, security, legal and accounting, master antenna/cable TV, common maint/repair, pest control
  • High-Rise Condominium

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Unit Location: End Unit, Oceanfront-Unit, Oceanview-Unit
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Geothermal
  • Monthly HOA as Calculated: 399
  • HOA Management Company: Ally Management: 843-497-3555
  • Lvt Date: 09/05/2021
  • Sold Total Heated Sq Ft: 400
  • Sold Total Sq Ft: 450
  • Total Heated Sq Ft: 400
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: $22,000 (see remarks)
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 15
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Furnished, Enter Through Foyer
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Dishwasher, Refrigerator, Range, Oven, Freezer, Microwave, Range Hood
  • Bedrooms: Efficiency
  • Full Bathrooms: 1
  • Total Sq Ft: 450

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, Water Public

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Security, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Pest Control

Schools

  • Elementary School: Myrtle Beach Elementary School
  • Middle School: Myrtle Beach Middle School
  • High School: Myrtle Beach High School

Lot Info

  • Zoning: MF

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $136,000 0.0% $340 / Sq Ft
04/21/2023 04/21/23 For Sale $136,000 +43.2% $340 / Sq Ft
10/25/2021 10/25/21 Sold $95,000 +5.6% $238 / Sq Ft
09/05/2021 09/05/21 For Sale $90,000 +7.1% $225 / Sq Ft
09/04/2018 09/04/18 Sold $84,000 -1.1% $168 / Sq Ft
07/19/2018 07/19/18 For Sale $84,900 -- $170 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2119838

Coastal Carolinas Association of REALTORS®