$162,000
SOLD NOV 21, 2022

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

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

Recently Sold

$301 Per Sq Ft

5% Below List Price

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

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

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
  • 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

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $674,826 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $162,000 --
Deed $68,000 --
Deed $54,000 --
Deed $74,000 None Available
Source: Public Records

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Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2221207

Coastal Carolinas Association of REALTORS®

APN: 44314040220