NOT LISTED FOR SALE

1605 S Ocean Blvd Unit 712 Myrtle Beach, SC 29577

Estimated Value: $151,000 - $156,000

1 Bed
1 Bath
539 Sq Ft
$683/mo HOA Fee

Last Sold April 26, 2023

Last sale price $164,000 $304 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,710/month

22 Days on Market

Highlights

  • Primary bedroom faces the ocean
  • Lawn
  • Community Pool
  • Furnished
  • Solid Surface Countertops
  • Balcony

About This Home

As of April 2023

Check out the gorgeous views from this 1 bedroom 1 bath condo in The Palace Resort. This recently updated fully furnished 1 bedroom condo can be used as a great income producing investment property or your own beach getaway. The Palace resort has everything for someone to enjoy, from the two oceanfront pools, outdoor whirlpool, indoor whirlpool, The Palace Restaurant, a putting green, an exercise room, steam room, sauna, Arcade, Banquet room, Laundry Facilities for your guests, free wireless internet and an attached parking garage. The Palace is minutes from Market Commons, the Boardwalk, Broadway at the Beach and the Myrtle Beach Airport. Make this gorgeous condo your home away from home and/or your next great income producing investment property!!

Last Agent to Sell the Property

Mary Richards

SERHANT License #112267 Listed on: 02/22/2023

Last Buyer's Agent

Waterway Living Team

INNOVATE Real Estate

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1986

Lot Details

  • 1.88

HOA Fees

  • $683 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Entry on the 7th floor
  • Steel Siding
  • Tile

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary bedroom faces the ocean
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

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

Additional Features

  • Balcony
  • Lawn

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Additional Features

  • Door to Door Trash Pickup
  • Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,559

Year Built

Built in 1986

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Unit Location: Oceanview-Unit
  • 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
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Tile, Laminate, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 683
  • HOA Management Company: Ally Management 843-497-3555
  • Lvt Date: 02/22/2023
  • Sold Total Heated Sq Ft: 539
  • Sold Total Sq Ft: 559
  • Total Heated Sq Ft: 539
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building
  • Exterior Unit Features: Balcony
  • Gross Annual Rental Incom: 33,418
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Rental Mgmt Contract: Yes
  • Which Floor: 07
  • 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
  • Primary Bathroom: Tub/Shower Combo
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Breakfast Bar, Microwave, Solid Surface Countertops
  • Master Bedroom Type: Oceanfront Master Bedroom
  • Bedrooms: 1
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Levels: Single Level
  • Total Sq Ft: 559

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, Insurance, Manager, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Schools

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

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

Listed on
Feb 22, 2023
Closed on
Apr 25, 2023
Sold by
Gamble Carlton John
Bought by
Walczak Jakub and Walczak Judyta Anna
Seller's Agent
Mary Richards
SERHANT
Buyer's Agent
Waterway Living Team
INNOVATE Real Estate
List Price
$167,000
Sold Price
$164,000
Premium/Discount to List
-$3,000
-1.8%
Views
198
Current Estimated Value
$153,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,542
Avg. Annual Appreciation
-2.66%

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 29, 2018
Sold by
Ebdon Drew A
Bought by
Gamble Carlton John
Seller's Agent
Tim Duffy
RE/MAX Executive
Buyer's Agent
Jill Powell
Century 21 The Harrelson Group
List Price
$84,900
Sold Price
$78,900
Premium/Discount to List
-$6,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.05%

Purchase Details

Closed on
Nov 25, 2009
Sold by
Manigault Robert
Bought by
Ebdon Drew A
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
Walczak Jakub $164,000 --
Gamble Carlton John $78,900 --
Ebdon Drew A $79,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/26/2023 04/26/23 Sold $164,000 -1.8% $304 / Sq Ft
02/22/2023 02/22/23 For Sale $167,000 +111.7% $310 / Sq Ft
11/30/2018 11/30/18 Sold $78,900 -2.6% $143 / Sq Ft View Prior Sale
10/29/2018 10/29/18 Price Changed $81,000 -4.6% $147 / Sq Ft
08/17/2018 08/17/18 For Sale $84,900 -- $154 / 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 $1,540 $9,975 $0 $9,975
2020 $1,469 $9,975 $0 $9,975
2019 $1,469 $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: 2303442

Coastal Carolinas Association of REALTORS®

APN: 44314040151