NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 302 Myrtle Beach, SC 29577

Estimated Value: $113,000 - $133,000

1 Bed
1 Bath
386 Sq Ft
$399/mo HOA Fee

Last Sold February 25, 2021

Last sale price $76,000 $197 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,210/month

51 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Balcony
  • Private Pool
  • Elevator
  • Breakfast Bar

About This Home

As of February 2021

Located in the The Palace Resort, this Oceanfront condo comes fully furnished. The open floor plan allows for plenty of space for your entire family! Sit outside with your morning coffee and enjoy the sights, sounds & smells of the ocean. Resort amenities include in & outdoor pools, hot tub, exercise room, sauna & steam rooms, arcade, onsite restaurants and so much more! Conveniently located to the all of the best dining & entertainment, shopping, area attractions, Myrtle Beach Airport, golf courses and so much more. Schedule your showing today!

Last Agent to Sell the Property

The Abe Safa Team

Century 21 The Harrelson Group Listed on: 11/17/2020

Century 21 The Harrelson Group

Last Buyer's Agent

Isaac Larrowe

ERA Real Estate Modo License #92422

ERA Real Estate Modo

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,553

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding
  • Tile

Interior Spaces

  • 386 Sq Ft Home
  • Furnished
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Single Vanity

Home Security

Pool

  • Private Pool
  • Spa

Utilities

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

Additional Features

  • Balcony
  • Ocean Front

Community Details

Overview

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

Amenities

  • Elevator

Recreation

  • Community Indoor Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,553

Year Built

Built in 1986

Lot Details

0

HOA Fees

$399 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Lazy River, 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
  • Monthly HOA as Calculated: 399
  • HOA Management Company: Ally - 843-497-3555
  • Lvt Date: 11/17/2020
  • Sold Total Heated Sq Ft: 386
  • Sold Total Sq Ft: 386
  • Total Heated Sq Ft: 386
  • 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, Pool-Outdoor Private, Elevator-Exterior, Pool-Indoor Private, Spa/Hot Tub
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 03
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Fire Sprinkler, Smoke Detector, Furnished
  • Primary Bathroom: Vanity
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Microwave
  • Bedrooms: Efficiency
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 386

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, Pool Service, Landscape/Lawn, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Telephone Service In Unit, Internet Access, 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2020
Closed on
Feb 9, 2021
Sold by
Fan Shenfu
Bought by
Ocean Breeze 8 Llc
Seller's Agent
The Abe Safa Team
Century 21 The Harrelson Group
Buyer's Agent
Isaac Larrowe
ERA Real Estate Modo
List Price
$82,900
Sold Price
$76,000
Premium/Discount to List
-$6,900
-8.32%
Current Estimated Value
$123,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,581
Avg. Annual Appreciation
11.37%
Original Mortgage
$107,625
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2018
Closed on
Apr 18, 2018
Sold by
Feliciano Franz Walther
Bought by
Shenfu Fan and Gong Yuping
Seller's Agent
Ginny Whipple
Realty ONE Group Dockside
Buyer's Agent
Jill Powell
Century 21 The Harrelson Group
List Price
$69,500
Sold Price
$63,900
Premium/Discount to List
-$5,600
-8.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%

Purchase Details

Closed on
Sep 17, 2013
Sold by
Master In Equity Horry County
Bought by
Branch Banking & Trust Co

Purchase Details

Closed on
Apr 4, 2005
Sold by
Mbr Rentals Llc
Bought by
Perone John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2000
Sold by
Baxley Michael O and Baxley Brenda K
Bought by
Mbr Rentals Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ocean Breeze 8 Llc $76,000 --
Shenfu Fan $63,900 --
Branch Banking & Trust Co $46,500 --
Branch Banking & Trust Company $46,500 --
Perone John $119,000 --
Mbr Rentals Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocean Breeze 8 Llc $122,000
Closed Ocean Breeze 8 Llc $107,625
Previous Owner Perone John $95,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $76,000 -4.8% $197 / Sq Ft
12/08/2020 12/08/20 Price Changed $79,800 -3.7% $207 / Sq Ft
11/17/2020 11/17/20 For Sale $82,900 +29.7% $215 / Sq Ft
04/18/2018 04/18/18 Sold $63,900 -8.1% $160 / Sq Ft
01/03/2018 01/03/18 For Sale $69,500 -- $174 / 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 $1,553 $6,405 $0 $6,405
2023 $1,553 $6,405 $0 $6,405
2021 $1,432 $6,405 $0 $6,405
2020 $943 $6,405 $0 $6,405
2019 $943 $6,405 $0 $6,405
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 -- $3,300 $0 $3,300
Source: Public Records

Agents Affiliated with this Home

  • The Abe Safa Team

    Seller's Agent in 2021

    The Abe Safa Team

    Century 21 The Harrelson Group

    (843) 360-2145

    640 Total Sales

    The Abe Safa Team
    Section Image
  • Isaac Larrowe

    Buyer's Agent in 2021

    Isaac Larrowe

    ERA Real Estate Modo

    (843) 580-6575

    127 Total Sales

    Isaac Larrowe
    Section Image

  • G

    Seller's Agent in 2018

    Ginny Whipple

    Realty ONE Group Dockside

    Section Image

  • J

    Buyer's Agent in 2018

    Jill Powell

    Century 21 The Harrelson Group

    (843) 457-8235

    240 Total Sales

    Jill Powell
    Section Image
See All Agents

Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2024405

Coastal Carolinas Association of REALTORS®

APN: 44314040127

South Carolina Horry County Myrtle Beach 29577

1605 S Ocean Blvd Unit 302, Myrtle Beach, SC

This home is located at 1605 S Ocean Blvd Unit 302, Myrtle Beach, SC 29577 since 17 November 2020 and is currently estimated at $123,581, approximately $320 per square foot. This property was built in 1986. 1605 S Ocean Blvd Unit 302 is a home located in Horry County with nearby schools including Myrtle Beach Child Development Center, Myrtle Beach Primary School, and Myrtle Beach Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Coastal Carolinas Association of REALTORS® 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 that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.

Nearby Homes