NOT LISTED FOR SALE

Estimated Value: $111,000 - $169,000

1 Bed
1 Bath
428 Sq Ft
0.9 Acre Lot

Sale Details

Date Sold: July 18, 2025

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

Est. 12% increase in value since last sale

Current estimated payment $1,407 / mo

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

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
  • 1-Story Property
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room
  • Direct Ocean Views

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 Community

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0.9 Acres

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
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2025
Closed on
Jul 17, 2025
Sold by
Bought by
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
$134,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,546
Avg. Annual Appreciation
11.63%
Original Mortgage
$90,000
Outstanding Balance
$89,133
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$45,413

Purchase Details

Closed on
Aug 1, 2022
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Mar 19, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$120,000 --
$150,000 --
$155,000 None Available
$62,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $90,000
Previous Owner $112,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,538 $0 $0 $0
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

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