NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 512 The Palace Myrtle Beach, SC 29577

Estimated Value: $149,000 - $168,000

1 Bed
1 Bath
539 Sq Ft
$618/mo HOA Fee

Last Sold November 21, 2022

Last sale price $162,000 $301 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,710/month

33 Days on Market

Highlights

  • Community Indoor Pool
  • Solid Surface Countertops
  • Luxury Vinyl Tile Flooring
  • Furnished
  • Balcony
  • Central Heating and Cooling System

About This Home

As of November 2022

Wake up to the breath taking ocean views from this 5th floor 1 bedroom condo at The Palace. Rare opportunity to purchase this fully furnished 1 bedroom King suite with a sleeper sofa ideal for guests, with great rental history! This unit has newer kitchen appliances ,cabinets, granite countertops, sofa, bathroom vanities, 50" TV in living room (not pictured), table and chairs and much more!! The Palace Resort offers great amenities including indoor and outdoor pools, lazy rivers, bar, restaurant, fitness center, game room, poolside bar, banquet rooms, and a covered parking garage. The Palace Resort is centrally located in the heart of Myrtle Beach. Just a short drive to Myrtle Beach Airport, Market Common, Broadway At The Beach, golf and so much more. Schedule your showing today. All measurements and square footage are approximate and not guaranteed.

Last Agent to Sell the Property

Tina Pries

Pries Capital Real Estate License #130373 Listed on: 09/20/2022

Last Buyer's Agent

Kersey Martin

Century 21 The Harrelson Group License #123401

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $618 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Steel Siding

Interior Spaces

  • 539 Sq Ft Home
  • Furnished
  • Window Treatments
  • Luxury Vinyl Tile Flooring

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Indoor Pool

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

$618 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 618
  • HOA Management Company: Ally Management (843)497-3555
  • Lvt Date: 09/20/2022
  • Sold Total Heated Sq Ft: 539
  • Sold Total Sq Ft: 650
  • Total Heated Sq Ft: 539
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, East Of Bus 17
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: YTD $25,343.48
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 05
  • 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
  • Kitchen Type: Dishwasher, Refrigerator, Range, Microwave, Solid Surface Countertops
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Total Sq Ft: 650

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Fee Includes: Electric Common, Water And Sewer, Trash Pickup, Elevator Service, Pool Service, Landscape/Lawn, Insurance, Manager, 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: MU-H

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
Sep 20, 2022
Closed on
Nov 18, 2022
Sold by
Hertzog Adam
Bought by
Rollins Moises A and Rollins Elaine
Seller's Agent
Tina Pries
Pries Capital Real Estate
Buyer's Agent
Kersey Martin
Century 21 The Harrelson Group
List Price
$169,900
Sold Price
$162,000
Premium/Discount to List
-$7,900
-4.65%
Views
52
Current Estimated Value
$159,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,909
Avg. Annual Appreciation
0.79%

Purchase Details

Listed on
Jun 1, 2013
Closed on
Aug 2, 2013
Sold by
Demartelaere Joycelyn
Bought by
Corsino Anthony Michael
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Sonya Callahan
Lennar Carolinas LLC
List Price
$79,900
Sold Price
$68,000
Premium/Discount to List
-$11,900
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%

Purchase Details

Listed on
Jan 30, 2012
Closed on
Mar 22, 2012
Sold by
Flynn Lenard J
Bought by
Demartelaere Joycelyn
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Bob Schreiber
The Hoffman Group
List Price
$59,500
Sold Price
$54,000
Premium/Discount to List
-$5,500
-9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.47%

Purchase Details

Closed on
May 11, 2007
Sold by
Materials Management Inc
Bought by
Flynn Lenard J
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
Rollins Moises A $162,000 --
Corsino Anthony Michael $68,000 --
Demartelaere Joycelyn $54,000 --
Flynn Lenard J $74,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Materials Management Inc $674,826
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $162,000 -4.6% $301 / Sq Ft
09/20/2022 09/20/22 For Sale $169,900 +31.7% $315 / Sq Ft
02/03/2022 02/03/22 Sold $129,000 0.0% $239 / Sq Ft
12/02/2021 12/02/21 For Sale $129,000 +89.7% $239 / Sq Ft
08/02/2013 08/02/13 Sold $68,000 -14.9% $123 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
06/01/2013 06/01/13 For Sale $79,900 +48.0% $145 / Sq Ft
03/22/2012 03/22/12 Sold $54,000 -9.2% $108 / Sq Ft
03/09/2012 03/09/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $59,500 -- $119 / 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 $9,975 $0 $9,975
2023 $2,559 $9,975 $0 $9,975
2021 $1,175 $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

  • Tina Pries

    Seller's Agent in 2022

    Tina Pries

    Pries Capital Real Estate

    (989) 372-2476

    123 Total Sales

    Tina Pries
    Section Image
  • Glenn Hellofs

    Seller's Agent in 2022

    Glenn Hellofs

    BHHS Myrtle Beach Real Estate

    (843) 222-4769

    99 Total Sales

    Glenn Hellofs
    Section Image
  • Kersey Martin

    Buyer's Agent in 2022

    Kersey Martin

    Century 21 The Harrelson Group

    (843) 333-6747

    38 Total Sales

    Kersey Martin
    Section Image
  • Ryan Korros

    Seller's Agent in 2013

    Ryan Korros

    RE/MAX

    (843) 455-6580

    785 Total Sales

    Ryan Korros
    Section Image

  • S

    Buyer's Agent in 2013

    Sonya Callahan

    Lennar Carolinas LLC

    (843) 877-3507

    241 Total Sales

    Sonya Callahan
    Section Image
  • Bob Schreiber

    Buyer's Agent in 2012

    Bob Schreiber

    The Hoffman Group

    (843) 450-1309

    113 Total Sales

    Bob Schreiber
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2221207

Coastal Carolinas Association of REALTORS®

APN: 44314040220

South Carolina Horry County Myrtle Beach 29577

1605 S Ocean Blvd Unit 512 The Palace, Myrtle Beach, SC

This home is located at 1605 S Ocean Blvd Unit 512 The Palace, Myrtle Beach, SC 29577 since 20 September 2022 and is currently estimated at $159,091, approximately $295 per square foot. This property was built in 1986. 1605 S Ocean Blvd Unit 512 The Palace 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.

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