NOT LISTED FOR SALE

617 S Ocean Blvd Unit 101 Surfside Beach, SC 29575

Estimated Value: $566,000 - $633,239

4 Beds
2 Baths
1,084 Sq Ft
$500/mo HOA Fee

Last Sold August 14, 2023

Last sale price $565,000 $521 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,188/month

21 Days on Market

Highlights

  • Ocean Front
  • Primary bedroom faces the ocean
  • Whirlpool Bathtub
  • Seaside Elementary Rated A-
  • Private Beach
  • End Unit

About This Home

As of August 2023

Located directly oceanfront in the desirable Town of Surfside Beach, 101 Palmetto Dunes is a first-floor end unit condominium that offers both location and luxury. With four bedrooms and two bathrooms across approximately 1084 heated square feet, it provides ample space. Notably, this condo delivers stunning views of the Atlantic Ocean from a private balcony, accessible from the living room and master bedroom. A fully furnished condo participating in a weekly rental program can generate substantial rental income to offset the owners' operating costs. The condo is part of Palmetto Dunes, a small and well-kept complex boasting a spacious oceanfront pool, ground-level owner storage closet, and covered parking. The complex's unique selling point is its intimate family atmosphere, with only six units. Its location is unparalleled, only a half-mile south of the Surfside Pier and restaurant district. It's within walking distance to local amenities such as entertainment districts, grocery stores, restaurants, parks, sports courts, and the seasonal farmer's market of Surfside Beach, fondly known as "the family beach." Notably, local attractions, including Myrtle Beach State Park, Huntington Beach State Park, Brookgreen Gardens, and the historic city of Conway, are readily accessible. Additionally, it's a mere 20 minutes to Myrtle Beach Boardwalk and SkyWheel and near entertainment complexes such as Barefoot Landing and Broadway at the Beach. The condo is also a stone's throw from Murrells Inlet, revered as the "Seafood Capital of South Carolina." A Matterport 3D Virtual Tour is available for a realistic walk-through experience of the property at www.bit.ly/101PalmettoDunes. This turnkey unit allows you to own a slice of the most pristine beaches along the Grand Strand, proving there's no need to rent when you can own.

Last Agent to Sell the Property

Dan Sine

Dunes Realty Sales License #26589 Listed on: 06/23/2023

Last Buyer's Agent

Demi Mahoney

CRG Homes License #110800

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • Ocean Front
  • Private Beach
  • End Unit
  • Lawn

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 to 5 Parking Spaces

Home Design

  • Entry on the 1st floor
  • Raised Foundation
  • Concrete Siding

Interior Spaces

  • 1,084 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Insulated Doors
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom faces the ocean
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Single Vanity
  • Whirlpool Bathtub
  • Shower Only

Laundry

  • Laundry Room
  • Washer and Dryer

Schools

  • Seaside Elementary School
  • Saint James Middle School
  • Saint James High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Balcony
  • Flood Zone Lot

Community Details

Overview

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

Amenities

  • Door to Door Trash Pickup

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Lot Description: Rectangular, Designated Flood Zone
  • Unit Location: Oceanfront-Unit, Oceanview-Unit, End Unit
  • Amenities Available: Pool-Outdoor Community, Restrictions, Seller Disclosure, Owner Allowed Pet, Home Owners Assn Fee, Short Term Rental Allowed, Long Term Rental Allowed, Trash Pickup, Cable Tv, Internet Access, Lawn Maintenance, Private Beach Comm Access
  • Estimated Year Built: 1991
  • Class: Condo/Townhouse
  • Construction Status: Resale
  • Floor Cover: Vinyl, Carpeting, Luxury Vinyl Plank/Tile
  • HOA Fee Frequency: Monthly
  • Heating And Cooling: Central Heat, Forced Air, Central Air, Electric
  • Monthly HOA as Calculated: 500
  • HOA Management Company: Pam Furlong, Surfside Realty 843-238-3435
  • Lvt Date: 06/23/2023
  • Total Heated Sq Ft: 1084
  • Building Style: Low-Rise 2-3 Stories
  • Building Location: Oceanfront-Building, Oceanview-Building, Inside City Limits, East Of Bus 17, East Of Highway 17 Bypass
  • Exterior Unit Features: Balcony, Lawn Well, Insulated Doors/Windows, Outside Storage Attached
  • Gross Annual Rental Incom: 2023-$29,975 as of 6/23
  • Project Section Code: Palmetto Dunes - Surfside Beach
  • Rental Mgmt Contract: Yes
  • Which Floor: 01
  • Geo Subdivision: SC
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1991

Interior Features

  • Bedroom 1: 15x10
  • Bedroom 2: 13x9
  • Bedroom 3: 12x10
  • Furnished: Yes
  • Interior Amenities: Wind Treat. Convey, Split Bedroom Plan, Washer/Dryer, Wshr/Dryer Connection, Furnished, Enter Through Foyer
  • Kitchen: 14x11
  • Living Room: 19x11
  • Master Bedroom: 12x12
  • Other Rooms: Foyer, Laundry/Utility
  • Primary Bathroom: Shower, Vanity, Whirlpool Tub
  • Kitchen Type: Dishwasher, Garbage Disposal, Refrigerator, Range, Work Island, Microwave, Range Hood, Stainless Steel Apps.
  • Master Bedroom Type: Ceiling Fan, Oceanfront Master Bedroom
  • Bedrooms: 4
  • Dining Room Type: Lvr/Dr Combo
  • Full Bathrooms: 2
  • Levels: Single Level
  • Total Sq Ft: 1145

Exterior Features

  • Exterior Finish: Concrete Fiber Siding
  • Foundation: Raised Beach

Garage/Parking

  • Type: Condo
  • Parking: 2 Car Unit

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, Pool Service, Landscape/Lawn, Manager, Legal And Accounting, Master Antenna/Cable Tv, Common Maint/Repair, Pest Control

Lot Info

  • Zoning: R3

MLS Schools

  • Elementary School: Seaside Elementary School
  • HighSchool: Saint James High School
  • Middle School: Saint James Middle School

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 10, 2023
Sold by
Halsey Bryan T
Bought by
Mcglumphy Holdings Llc
Seller's Agent
Dan Sine
Dunes Realty Sales
Buyer's Agent
Demi Mahoney
CRG Homes
List Price
$579,000
Sold Price
$565,000
Premium/Discount to List
-$14,000
-2.42%
Views
236
Current Estimated Value
$592,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,310
Avg. Annual Appreciation
2.02%

Purchase Details

Listed on
Jul 31, 2022
Closed on
Sep 7, 2022
Sold by
Bidaut Romain E
Bought by
Halsey Bryan T and Hutchens Linda Sue
Seller's Agent
Dan Sine
Dunes Realty Sales
Buyer's Agent
Dan Sine
Dunes Realty Sales
List Price
$539,900
Sold Price
$539,900
Views
46

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$485,900
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2014
Sold by
Smith Scott A and Hummer Smith Michele
Bought by
Bidaut Romain E

Purchase Details

Closed on
Mar 16, 2000
Sold by
Boston Gardens Of Surfside Inc
Bought by
Smith Scott A and Hummer Smith Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcglumphy Holdings Llc $565,000 --
Halsey Bryan T $539,900 --
Bidaut Romain E $282,500 --
Smith Scott A $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halsey Bryan T $485,900
Previous Owner Smith Scott A $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2023 08/14/23 Sold $565,000 -2.4% $521 / Sq Ft
06/23/2023 06/23/23 For Sale $579,000 +7.2% $534 / Sq Ft
09/08/2022 09/08/22 Sold $539,900 0.0% $498 / Sq Ft View Prior Sale
07/31/2022 07/31/22 For Sale $539,900 -- $498 / 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 $6,907 $32,100 $0 $32,100
2023 $7,327 $24,885 $0 $24,885
2021 $3,221 $24,885 $0 $24,885
2020 $3,185 $24,885 $0 $24,885
2019 $3,185 $24,885 $0 $24,885
2018 $0 $28,875 $0 $28,875
2017 -- $16,500 $0 $16,500
2016 -- $16,500 $0 $16,500
2015 $3,823 $28,875 $0 $28,875
2014 -- $11,160 $0 $11,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Coastal Carolinas Association of REALTORS®

MLS Number: 2312428

Coastal Carolinas Association of REALTORS®

APN: 46110010055