NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 2310 The Palace Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $148,000 - $178,000

1 Bed
1 Bath
700 Sq Ft
$599/mo HOA Fee

Last Sold January 30, 2023

Last sale price $182,000 $260 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,644/month

7 Days on Market

Highlights

  • Unit is on the top floor
  • Spa
  • Furnished
  • Penthouse
  • Main Floor Primary Bedroom
  • Lawn

About This Home

As of January 2023

VIEWS. FOR. DAYS! Want one of the best views that the Grand Strand has to offer? Here's your chance! From this penthouse unit at The Palace, you can see over neighboring high-rises, and clear up the northern coastline! This 1-bedroom, 1-bathroom unit has had a complete facelift, making it feel like a big city loft (but with MUCH better views)! You'll feel like a rockstar, surrounded by unique artwork and modern furnishings (including a Cherrywood fireplace), all of which convey with the sale! The open concept floor plan makes entertaining easy; as does the wrap around bar in the kitchen. You can also party like a rockstar, if that's your thing, thanks to the additional soundproofing making this the perfect music studio, keeping your noise from going out. It could also be your own personal oasis, with less noise coming in! Additional upgrades include granite countertops and stainless steel refrigerator in the kitchen, ceramic tile flooring throughout, a 10-foot closet, a 65" HDTV, and a central HVAC system. The Palace itself has also recently gone through a recent update of its own, being fully re-painted. Owners and guests of The Palace enjoy amenities galore, including a covered parking garage, indoor and outdoor pools, and a putting green. Located conveniently to restaurants, attractions, shopping, golf courses and the airport, it truly has something for everyone...including YOU!

Last Agent to Sell the Property

Kristin Boullion

RE/MAX Southern Shores License #88235 Listed on: 11/19/2022

Last Buyer's Agent

Brendon Payne

Century 21 The Harrelson Group

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1986

Lot Details

  • Lawn

HOA Fees

  • $599 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Penthouse
  • Entry on the 21st floor
  • Slab Foundation
  • Steel Siding
  • Tile

Interior Spaces

  • 700 Sq Ft Home
  • Furnished
  • Insulated Doors
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Single Vanity
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • Spa
  • Balcony

Location

  • Unit is on the top floor
  • Flood Zone Lot

Schools

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

Utilities

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

Community Details

Overview

  • Association fees include electric common, water and sewer, trash pickup, elevator service, pool service, landscape/lawn, insurance, manager, security, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, telephone service in unit, internet access, pest control
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Elevator

Recreation

  • Community Indoor Pool

Building Details

  • Security

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 1986

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Lot Description: Designated Flood Zone
  • Unit Location: Oceanview-Unit, Penthouse, Top Floor
  • Amenities Available: Pool-Outdoor Community, Restrictions, Security, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Owner Allowed Motorcycle, Tenant Allowed Motorcycle, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 599
  • HOA Management Company: Ally Mgmt.: 843-497-3555
  • Lvt Date: 11/19/2022
  • Total Heated Sq Ft: 700
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Elevator-Exterior, Insulated Doors/Windows, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: Flr 21 & Above
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Fire Sprinkler, Smoke Detector, Furnished
  • Other Rooms: First Floor Bedrooms, First Floor Bathrooms
  • Primary Bathroom: Vanity, Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Master Bedroom Type: 1st Flr Level
  • Bedrooms: 1
  • Dining Room Type: Kit/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 729

Exterior Features

  • Exterior Finish: Concrete/Steel
  • Foundation: Slab

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, Pool Service, Landscape/Lawn, Insurance, Manager, Security, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Telephone Service In Unit, Internet Access, Pest Control

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

Closed on
Sep 6, 2024
Sold by
Cerio Michaela
Bought by
Toy Jeanne M and Westhoek William
Current Estimated Value
$158,879

Purchase Details

Listed on
Nov 19, 2022
Closed on
Jan 26, 2023
Sold by
Terracciano Anthony
Bought by
Cerio Michaela and Cerio Shea
Seller's Agent
Kristin Boullion
RE/MAX Southern Shores
Buyer's Agent
Brendon Payne
Century 21 The Harrelson Group
List Price
$199,900
Sold Price
$182,000
Premium/Discount to List
-$17,900
-8.95%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.84%
Original Mortgage
$136,500
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2021
Sold by
Bauer Paul S
Bought by
Terracciano Anthony

Purchase Details

Closed on
Sep 8, 2009
Sold by
Ott Harold
Bought by
Bauer Paul S
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
Toy Jeanne M $175,000 --
Cerio Michaela $182,000 --
Terracciano Anthony $105,000 --
Bauer Paul S $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerio Michaela $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $182,000 -9.0% $260 / Sq Ft
11/19/2022 11/19/22 For Sale $199,900 -- $286 / 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 $2,559 $10,050 $0 $10,050
2023 $2,559 $9,975 $0 $9,975
2021 $387 $9,975 $0 $9,975
2020 $1,121 $9,975 $0 $9,975
2019 $1,121 $9,975 $0 $9,975
2018 $0 $6,615 $0 $6,615
2017 $994 $3,780 $0 $3,780
2016 -- $3,780 $0 $3,780
2015 $983 $6,615 $0 $6,615
2014 $956 $3,780 $0 $3,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2225244

Coastal Carolinas Association of REALTORS®

APN: 44314040259