NOT LISTED FOR SALE

1605 S Ocean Blvd Unit Palace Unit 301 Myrtle Beach, SC 29577

Downtown Myrtle Beach Neighborhood

Estimated Value: $122,828 - $152,000

1 Bed
1 Bath
450 Sq Ft
$384/mo HOA Fee

Last Sold April 22, 2019

Last sale price $66,000 $147 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $1,183/month

82 Days on Market

Highlights

  • Ocean Front
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Furnished
  • Clubhouse
  • Community Indoor Pool
  • Lawn

About This Home

As of April 2019

Direct oceanfront efficiency condo at The Palace Resort! A great beach get-a-way and/or an investment property. Well maintained. The Palace Resort features a host of amenities: Large oceanfront outdoor pool, indoor pool, whirlpools, putting green, exercise room, sauna, restaurant/lounge, free wireless internet, guest laundry facilities, attached parking garage. The Palace is minutes from Market Common, the Boardwalk, Broadway at the Beach and the Myrtle Beach Airport. NO Owner financing.

Last Agent to Sell the Property

Ryan Korros

RE/MAX Southern Shores Listed on: 01/14/2019

RE/MAX Southern Shores

Last Buyer's Agent

Bret French

INNOVATE Real Estate License #51965

INNOVATE Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,255

Year Built

  • Built in 1986

Lot Details

  • Ocean Front
  • Lawn

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 3rd floor
  • Steel Siding
  • Tile

Interior Spaces

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

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Single Vanity
  • Soaking Tub and Shower Combination in Primary Bathroom

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
  • 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, rec. facilities, legal and accounting, master antenna/cable TV, common maint/repair, internet access
  • High-Rise Condominium

Amenities

  • Door to Door Trash Pickup
  • Clubhouse

Recreation

  • Community Indoor Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,255

Year Built

Built in 1986

Lot Details

0

HOA Fees

$384 per month

Listing Details

  • Unit Location: Oceanfront-Unit
  • Amenities Available: Clubhouse/Rec/Facilities, Pool-Outdoor Community, Restrictions, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Pool-Indoor Community
  • Estimated Year Built: 1986
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Carpeting, Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Air, Central Heat, Electric
  • Monthly HOA as Calculated: 384
  • HOA Management Company: Ally 843-497-3555
  • Lvt Date: 01/14/2019
  • Total Heated Sq Ft: 450
  • Building Style: Hi-Rise 7+ Stories
  • Building Location: Oceanfront-Building, Inside City Limits, East Of Bus 17
  • Exterior Unit Features: Balcony
  • HOA Fees include insurance: Yes
  • Project Section Code: Palace, The
  • Which Floor: 03
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Enter Through Foyer
  • Primary Bathroom: Shower, Tub, Vanity
  • Kitchen Type: Breakfast Bar, Dishwasher, Microwave, Oven, Refrigerator, Range
  • Bedrooms: Efficiency
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 1
  • Total Sq Ft: 500

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Private Grg

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, Rec. Facilities, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Internet Access

Lot Info

  • Zoning: Multi

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
Jan 14, 2019
Closed on
Apr 22, 2019
Sold by
Hart Daniel Lee
Bought by
Demonaco Rush Lorie and Rush William
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Bret French
INNOVATE Real Estate
List Price
$75,000
Sold Price
$66,000
Premium/Discount to List
-$9,000
-12%
Current Estimated Value
$132,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,707
Avg. Annual Appreciation
11.31%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Feb 27, 2018
Sold by
Walker Sandra Patti
Bought by
Hart Daniel Lee
Seller's Agent
Ryan Korros
RE/MAX Southern Shores
Buyer's Agent
Ryan Korros
RE/MAX Southern Shores
List Price
$67,900
Sold Price
$62,500
Premium/Discount to List
-$5,400
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Sep 14, 2017
Sold by
Walker Robert
Bought by
Walker Sandra P

Purchase Details

Closed on
Sep 29, 2000
Sold by
Whitaker Anthony A
Bought by
Walker Robert
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
Demonaco Rush Lorie $66,000 --
Hart Daniel Lee $62,500 --
Walker Sandra P -- --
Walker Robert $65,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2019 04/22/19 Sold $66,000 -12.0% $147 / Sq Ft
01/14/2019 01/14/19 For Sale $75,000 +20.0% $167 / Sq Ft
02/26/2018 02/26/18 Sold $62,500 -8.0% $139 / Sq Ft View Prior Sale
02/05/2018 02/05/18 For Sale $67,900 -- $151 / 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 $1,255 $8,754 $0 $8,754
2023 $1,255 $7,497 $0 $7,497
2021 $1,156 $7,497 $0 $7,497
2020 $1,103 $7,497 $0 $7,497
2019 $943 $6,405 $0 $6,405
2018 $878 $5,775 $0 $5,775
2017 $0 $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

  • Ryan Korros

    Seller's Agent in 2019

    Ryan Korros

    RE/MAX

    (843) 455-6580

    96 in this area

    788 Total Sales

    Ryan Korros
    Section Image
  • Bret French

    Buyer's Agent in 2019

    Bret French

    INNOVATE Real Estate

    (843) 457-2738

    3 in this area

    31 Total Sales

    Bret French
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 1901035

Coastal Carolinas Association of REALTORS®

APN: 44314040085

South Carolina Horry County Myrtle Beach 29577 Downtown Myrtle Beach

1605 S Ocean Blvd Unit Palace Unit 301, Myrtle Beach, SC

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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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