$1,249,900
$50K PRICE DROP

Estimated payment $8,275/month

Total Views 5,090
4 Beds
4 Baths
2,500 Sq Ft
$500 Price per Sq Ft

Highlights

  • Ocean Front
  • Penthouse
  • End Unit
  • Unit is on the top floor
  • Spa
  • Furnished

About This Home

Introducing a once-in-a-lifetime opportunity to own a truly exceptional and never-before-seen penthouse at The Palms Resort in Myrtle Beach—an exclusive oceanfront residence unlike anything else on the market. This rare 4-bedroom, 4-bathroom penthouse is the crown jewel of The Palms, boasting an expansive open floor plan and an unparalleled sense of grandeur the moment you step through the door. Floor-to-ceiling glass draws your eyes instantly to breathtaking panoramic views of the Atlantic Ocean, flooding the space with natural light and creating a seamless indoor-outdoor connection to coastal living. With five private balconies—more than any other condo in Myrtle Beach—this home offers unmatched opportunities to enjoy the sights and sounds of the sea in complete privacy. Whether sipping morning coffee as the sun rises over the water or unwinding with a glass of wine under the stars, each outdoor space feels like your own personal oceanfront sanctuary. The elegant interior is thoughtfully designed and impeccably maintained, where everything flows in perfect harmony—from the refined wall tones and custom crown molding to the coordinated furniture and upscale finishes. This home is being offered fully furnished, making it truly turn-key and ready for immediate enjoyment. The main living area is anchored by a beautiful electric fireplace and leads directly to one of your many oceanfront balconies, perfect for entertaining or simply relaxing while the waves roll in below. Both the downstairs and upstairs primary suites redefine luxury. The lower-level suite features its own cozy fireplace, ceiling fan, exquisite crown molding, and direct access to a sprawling private oceanfront balcony. Upstairs, the second primary suite offers the same level of elegance, complete with another private balcony and a fully renovated spa-inspired bathroom. Indulge in the serenity of your ocean-view jacuzzi tub, where you can soak in the view—literally—as the sun glistens on the water just beyond the glass. A fully tiled walk-in shower with built-in seating and transparent glass further elevates the experience, allowing you to bathe while still enjoying the calming ocean vistas. Thoughtful upgrades abound throughout the condo, including top-to-bottom retractable blinds for added privacy, a chef's dream kitchen with quartz countertops, stainless steel appliances, stylish backsplash, and ample cabinetry. The home also includes a stackable washer and dryer, two HVAC systems, and two hot water heaters—one on each level—so you'll never take a cold shower. The pier seen in photos is temporary and not a permanent fixture. Additionally, owner financing may be available at 5%—contact the listing agent for details, offering a rare and attractive opportunity for qualified buyers. Every detail has been meticulously chosen to create a space where luxury, function, and design come together effortlessly. Nestled in the heart of Myrtle Beach, The Palms Resort places you just moments from world-class golf, dining, shopping, and entertainment, including the iconic Myrtle Beach Boardwalk, Broadway at the Beach, and the SkyWheel. With indoor and outdoor pools, a fitness center, and direct beach access, the lifestyle here is as extraordinary as the home itself. This is not just a condo—this is an exclusive oceanfront experience, offering the ultimate in privacy, luxury, and coastal elegance. If you've been waiting for something truly special, this is it. Penthouse I at The Palms is ready to welcome you home. Schedule your private showing today!

Listing Agent

Joseph Barrientos Fierros

Century 21 The Harrelson Group License #130832 Listed on: 05/29/2025

Century 21 The Harrelson Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,676

Year Built

  • Built in 1985

Lot Details

  • Ocean Front
  • End Unit

HOA Fees

  • $1,119 Monthly HOA Fees

Parking

  • Parking Deck

Home Design

  • Penthouse
  • Bi-Level Home
  • Entry on the 17th floor
  • Steel Siding
  • Tile

Interior Spaces

  • 2,500 Sq Ft Home
  • Furnished
  • Bar
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Spa
  • Balcony

Location

  • Unit is on the top floor

Schools

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

Utilities

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

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,676

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,119 per month

Listing Details

  • Lot Description: Rectangular
  • Unit Location: Oceanfront-Unit, End Unit, Penthouse, Top Floor
  • Amenities Available: Pool-Outdoor Community, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed
  • Estimated Year Built: 1985
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Family Rm Great Rm: Bar, Fireplace
  • Floor Cover: Tile
  • HOA Fee Frequency: Quarterly
  • Heating And Cooling: Central Heat, Central Air, Electric
  • Monthly HOA as Calculated: 1119
  • HOA Management Company: Pinnacle Management (843) 449-8103
  • Living Room Type: Fireplace
  • Lvt Date: 05/29/2025
  • Sold Total Heated Sq Ft: 2500
  • Sold Total Sq Ft: 2600
  • Total Heated Sq Ft: 2500
  • 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, Elevator-Exterior, Handicap Access
  • Project Section Code: Palms, The
  • Which Floor: 17
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1985

Interior Features

  • Furnished: Yes
  • Interior Amenities: Spa/Hot Tub, Fireplace, Smoke Detector, Washer/Dryer, Furnished
  • Other Rooms: Foyer, Laundry/Utility
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Breakfast Bar, Oven, Freezer, Microwave, Pantry, Stainless Steel Apps., Solid Surface Countertops
  • Bedrooms: 4
  • Dining Room Type: Area, Lvr/Dr Combo
  • Full Bathrooms: 4
  • Levels: Two-Story
  • Total Sq Ft: 2600
  • Bathroom Features:Shared Primary Bath: Double Sink, Tub, Shower, Vanity, Garden Tub, Whirlpool Tub

Exterior Features

  • Exterior Finish: Concrete/Steel

Garage/Parking

  • Type: Condo
  • Parking: Parking Deck

Utilities

  • Water Heater: Electric
  • Utilities Available: Cable Tv, Electricity, Sewer, 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, Primary Antenna/Cable Tv, Common Maint/Repair

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $6,676 $41,934 $0 $41,934
2023 $6,676 $39,900 $0 $39,900
2021 $6,161 $39,900 $0 $39,900
2020 $5,876 $39,900 $0 $39,900
2019 $5,876 $39,900 $0 $39,900
2018 $0 $15,540 $0 $15,540
2017 $2,335 $8,880 $0 $8,880
2016 -- $8,880 $0 $8,880
2015 $2,309 $15,540 $0 $15,540
2014 $2,245 $8,880 $0 $8,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Price Changed $1,249,900 -3.8% $500 / Sq Ft
05/29/2025 05/29/25 For Sale $1,299,900 -- $520 / Sq Ft
Source: Coastal Carolinas Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,000 --
Warranty Deed $510,000 Attorney
Warranty Deed $189,900 None Available
Interfamily Deed Transfer -- --
Legal Action Court Order $230,000 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $316,000 New Conventional
Previous Owner $408,000 Unknown
Previous Owner $182,500 Unknown
Source: Public Records

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2513362

Coastal Carolinas Association of REALTORS®

APN: 42411040141