NOT LISTED FOR SALE

512 W Palms Dr Myrtle Beach, SC 29579

Carolina Forest Area

Estimated Value: $478,372

0.21 Acres
$2,277,962 Price per Acre
9,148 Sq Ft Lot

Sale Details

Date Sold: October 17, 2024

Last sale price $425,000

Est. 13% increase in value since last sale

Current estimated payment $2,915 / mo

4 Days on Market

Highlights

  • Community Boat Slip
  • Property fronts an intracoastal waterway
  • Clubhouse
  • River Oaks Elementary School Rated A-
  • Gated Community
  • Community Pool

About This Lot

As of October 2024

Imagine watching multimillion dollar yachts cruising along the Intracoastal Waterway in your backyard while you're sipping sweet tea from your hot tub? Yes!! This really does happen here in the community of Waterway Palms Plantation. This is a rare opportunity to purchase a direct waterway lot in this premier community, the dock walkway is already in place and it was dredged and cleaned just a few years back. Waterway Palms Plantation is a master planned community with resort style amenities including a multimillion dollar clubhouse, exercise room, pool, hot tub, pickelball/tennis, basket ball, boat launch to the Intracoastal Waterway, day docks, bocce ball, cornhole, kids playground, sidewalks, golf cart friendly and just around the corner from the best grocery markets and restaurants in town. This is your opportunity to be a part of this incredible community. Call your trusted Realtor partner now!

Last Agent to Sell the Property

Waterway Living Team

Oasis Realty Collective Listed on: 09/19/2024

Oasis Realty Collective

Co-Listed By

Holly Turner

INNOVATE Real Estate License #116756

INNOVATE Real Estate

Last Buyer's Agent

Holly Turner

INNOVATE Real Estate License #116756

INNOVATE Real Estate

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Property Type

  • Land

Lot Details

  • 9,148 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Rectangular Lot
  • Cleared Lot
  • Property is zoned PDD

HOA Fees

  • $136 Monthly HOA Fees

Schools

  • River Oaks Elementary School
  • Ocean Bay Middle School
  • Carolina Forest High School

Utilities

  • Underground Utilities
  • Gas Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Intracoastal Views
  • Outside City Limits

Listing and Financial Details

  • Long Term Rental Allowed

Community Details

Overview

  • The community has rules related to allowable golf cart usage in the community
  • Intracoastal Waterway Community

Recreation

  • Community Boat Slip
  • Tennis Courts
  • Community Pool
  • Access To Intracoastal Waterway

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Lot Details

9,148 Sq Ft Lot

HOA Fees

$136 per month

Listing Details

  • Lot Description: Rectangular
  • Amenities Available: Home Owners Assoc. Fees, Restrictions, Clubhouse/Rec/Facilities, Pool-Outdoor Community, Tennis Court, Gated Community, Long Term Rental Allowed, Owner Allowed Motorcycle, Owner Allowed Golf Cart, Owner Allowed Pet, Private Boat Slip
  • Class: Land
  • HOA Fee Frequency: Quarterly
  • HOA Management Company: Waccamaw Mgmt 843-903-9551
  • Lvt Date: 09/19/2024
  • Additional Information: Cleared
  • Estimated Lot Size: Less Than 1/2 Acre
  • Monthly HOA Calculated: 136
  • Residence: Land Only
  • Road Surface: Blacktop
  • Utilities To Site: Electricity, Gas, Phone, Sewer, Tv Cable, Underground, Utilities, Water
  • Geo Subdivision: SC
  • Section Subdivision: Waterway Palms Plantation
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Number Of Acres: 0.21

Garage/Parking

  • Type: Residential Lot

Utilities

  • Sewer: Public
  • Water: Public

Lot Info

  • Lot Location: Outside City Limits, On Icw, In Icw Community, Icw View, Icw Access
  • Zoning: PDD

MLS Schools

  • Elementary School: River Oaks Elementary
  • HighSchool: Carolina Forest High School
  • Middle School: Ocean Bay Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Oct 16, 2024
Sold by
Wehner Kenneth R
Bought by
Seller's Agent
Waterway Living Team
Oasis Realty Collective
Buyer's Agent
Holly Turner
INNOVATE Real Estate
List Price
$439,000
Sold Price
$425,000
Premium/Discount to List
-$14,000
-3.19%
Current Estimated Value
$478,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,372
Avg. Annual Appreciation
6.36%

Purchase Details

Listed on
Oct 19, 2016
Closed on
Jan 20, 2017
Sold by
Oberle Donald J and Oberle Gloria M
Bought by
Wehner Cara D and Wehner Kenneth R
Seller's Agent
Dennis McCabe
Garden City Realty, Inc
Buyer's Agent
Radha Herring
Watermark Real Estate Group
List Price
$155,000
Sold Price
$135,000
Premium/Discount to List
-$20,000
-12.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Dec 13, 2004
Sold by
South Carolina Coastal Development Inc
Bought by
Oberle Donald J and Oberle Gloria M
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Myrtle Beach, SC

  • Natalie LaBruce Real Estate Agent - Grand Strand Coastal Realty

    Natalie LaBruce

    Grand Strand Coastal Realty

    (760) 407-6326

    110 Total Sales

    14 in Carolina Forest

    $185K - $875K Price Range

    Natalie LaBruce
     Section Image
  • Amy Chavis Real Estate Agent - EXP Realty LLC

    Amy Chavis

    EXP Realty LLC

    (910) 725-5104

    74 Total Sales

    3 in Carolina Forest

    $188K - $530K Price Range

    Amy Chavis
     Section Image
  • Amy Moss Real Estate Agent - Keller Williams Pawleys Island

    Amy Moss

    Responds Quickly

    Keller Williams Pawleys Island

    (803) 886-9438

    126 Total Sales

    3 in Carolina Forest

    $220K - $775K Price Range

    Amy Moss
     Section Image
  • Jerry String Real Estate Agent - Realty ONE Group DocksideSouth

    Jerry String

    Realty ONE Group DocksideSouth

    (609) 554-1285

    267 Total Sales

    8 in Carolina Forest

    $258K - $882K Price Range

    Jerry String
     Section Image
  • Celia Klein Real Estate Agent - Real Broker, LLC

    Celia Klein

    Real Broker, LLC

    (843) 891-6266

    113 Total Sales

    8 in Carolina Forest

    $274K - $749K Price Range

    Celia Klein
     Section Image
  • Lorie Graham Real Estate Agent - TheGrandStrandSalesGroupEXP

    Lorie Graham

    TheGrandStrandSalesGroupEXP

    (240) 908-5693

    50 Total Sales

    5 in Carolina Forest

    $155K - $610K Price Range

    Lorie Graham
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 --
Wehner Cara D $135,000 None Available
Oberle Donald J $264,880 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2024 10/17/24 Sold $425,000 -3.2% --
09/19/2024 09/19/24 For Sale $439,000 +225.2% --
01/23/2017 01/23/17 Sold $135,000 -12.9% -- View Prior Sale
12/29/2016 12/29/16 Pending -- -- --
10/19/2016 10/19/16 For Sale $155,000 -- --
Source: Coastal Carolinas Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,525 $0 $0 $0
2024 $1,525 $30,000 $30,000 $0
2023 $2,050 $9,401 $9,401 $0
2021 $2,017 $9,401 $9,401 $0
2020 $1,937 $9,401 $9,401 $0
2019 $1,937 $9,401 $9,401 $0
2018 $1,923 $9,001 $9,001 $0
2017 $1,129 $5,275 $5,275 $0
2016 -- $5,275 $5,275 $0
2015 $1,129 $5,276 $5,276 $0
2014 $1,089 $5,276 $5,276 $0
Source: Public Records

Agents Affiliated with this Home

  • WT

    Seller's Agent in 2024

    Waterway Living Team

    Oasis Realty Collective

    Section Image
  • Holly Turner Real Estate Agent - INNOVATE Real Estate

    Seller Co-Listing Agent in 2024

    Holly Turner

    INNOVATE Real Estate

    (843) 855-2151

    30 Total Sales

    Holly Turner
    Section Image

  • DM

    Seller's Agent in 2017

    Dennis McCabe

    Garden City Realty, Inc

  • Radha Herring Real Estate Agent - Watermark Real Estate Group

    Buyer's Agent in 2017

    Radha Herring

    Watermark Real Estate Group

    (843) 424-8811

    124 Total Sales

    Radha Herring
    Section Image
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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2421783

Coastal Carolinas Association of REALTORS®

APN: 42007030010

South Carolina Horry County Myrtle Beach 29579

512 W Palms Dr, Myrtle Beach, SC

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 2026 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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