NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 204 Myrtle Beach, SC 29577

Estimated Value: $121,000 - $154,000

1 Bed
1 Bath
428 Sq Ft
$456/mo HOA Fee

Last Sold July 18, 2025

Last sale price $120,000 $280 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,366/month

Highlights

  • Ocean Front
  • Furnished
  • Community Pool
  • End Unit
  • Solid Surface Countertops
  • Breakfast Bar

About This Home

As of July 2025

Wake up to breathtaking panoramic ocean views in this rare corner efficiency unit at The Palace Resort, ideally located in the heart of Myrtle Beach. This fully furnished oceanfront retreat offers extended shoreline views and added natural light thanks to its coveted corner position, along with a private balcony perfect for enjoying the sea breeze and stunning sunrises. Whether you're looking for a personal beach escape or a high-demand rental property, this unit delivers. The Palace Resort features indoor and outdoor pools, a sauna, hot tubs, on-site dining, and a same-side parking garage all just steps from the beach and minutes from the area's top attractions, restaurants, and entertainment.

Last Agent to Sell the Property

Cole Rhodus

Century 21 Palms Realty License #142319 Listed on: 05/29/2025

Century 21 Palms Realty

Last Buyer's Agent

Vamiya Legette

RE/MAX Southern Shores NMB License #128397

RE/MAX Southern Shores NMB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $456 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 2nd floor
  • Steel Siding

Interior Spaces

  • 1 Full Bathroom
  • 428 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Phone Available
  • Cable TV Available

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,538

Year Built

Built in 1989

Lot Details

0

HOA Fees

$456 per month

Listing Details

  • Unit Location: Oceanfront-Unit, Oceanview-Unit, End Unit
  • Amenities Available: Pool-Outdoor Community, Home Owners Assn Fee
  • Estimated Year Built: 1989
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 456
  • HOA Management Company: FirstService Residential 8553335149
  • Lvt Date: 05/29/2025
  • Sold Total Heated Sq Ft: 428
  • Sold Total Sq Ft: 450
  • Total Heated Sq Ft: 428
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • HOA Fees include insurance: Yes
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 02
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1989

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Smoke Detector
  • Kitchen Type: Dishwasher, Refrigerator, Work Island, Breakfast Bar, Oven, Freezer, Microwave, Range Hood, Solid Surface Countertops
  • Bedrooms: Efficiency
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • 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, Telephone, Water Public

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Zoning: MF

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 17, 2025
Sold by
Mcilwain Keith
Bought by
Gray Kimberly Renee
Seller's Agent
Cole Rhodus
Century 21 Palms Realty
Buyer's Agent
Vamiya Legette
RE/MAX Southern Shores NMB
List Price
$120,000
Sold Price
$120,000
Views
10
Current Estimated Value
$132,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,150
Avg. Annual Appreciation
47.08%
Original Mortgage
$90,000
Outstanding Balance
$89,846
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$42,304

Purchase Details

Closed on
Aug 1, 2022
Sold by
Brooks Cecil W
Bought by
Mcilwain Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 23, 2006
Sold by
Gaines Claudia
Bought by
Brooks Cecil W and Brooks Carole B

Purchase Details

Closed on
Mar 19, 1999
Sold by
Cruickshank George A and Cruickshank Elizabe
Bought by
Gaines Claudia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gray Kimberly Renee $120,000 --
Mcilwain Keith $150,000 --
Brooks Cecil W $155,000 None Available
Gaines Claudia $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Kimberly Renee $90,000
Previous Owner Mcilwain Keith $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2025 07/18/25 Sold $120,000 0.0% $280 / Sq Ft
05/29/2025 05/29/25 For Sale $120,000 -- $280 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,538 $10,050 $0 $10,050
2023 $2,538 $6,825 $0 $6,825
2021 $1,027 $6,825 $0 $6,825
2020 $979 $6,825 $0 $6,825
2019 $979 $6,825 $0 $6,825
2018 $878 $5,775 $0 $5,775
2017 $868 $3,300 $0 $3,300
2016 -- $3,300 $0 $3,300
2015 $858 $5,775 $0 $5,775
2014 $834 $3,300 $0 $3,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2513312

Coastal Carolinas Association of REALTORS®

APN: 44314040024