tomo logo

$115,000

Beds
Unknown
Baths
1.0
sq ft
341

1605 S Ocean Blvd Unit 106, Myrtle Beach, SC 29577

1605 S Ocean Blvd Unit 106

Myrtle Beach, SC 29577

  • 8 days on market
Excellent opportunity to own this updated and very well-kept condo at the popular Myrtle Beach resort The Palace! Located only one unit back from ocean front gives this condo spectacular views of the beach and ocean as well as one of the two pools, hot tubs and putting green. Additional amenities include exercise room, sauna and steam rooms, indoor/outdoor pool, arcade, sunning decks, on-site laundry facilities, on-site restaurant/lounge, meeting facilities and covered parking deck. Very close to great restaurants, shopping, golf, the Myrtle Beach International Airport and Market Common! Contact listing agent today for more information and to view this beautiful property! Square footage is approximate and not guaranteed. Buyers responsible for verification.

Details

Property type

Condominium

Est. home value

$137,338

Lot size

Unknown

Price per sq ft

$338

Year built

1986

Monthly HOA fee

$456

Price History

02/18/2025
MyrtleBeach

MyrtleBeach #2504097

Listed
$115,000
-11.47%
08/14/2024
MyrtleBeach

MyrtleBeach #2303029

Removed
$129,900
02/16/2023
MyrtleBeach

MyrtleBeach #2303029

Listed
$129,900
+93.88%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool, Clubhouse

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$68,159
Asking price
$115,000
Closing costs (~8% of asking)
-$9,200
Est. remaining loan balance
-$37,641
Cash to seller
$68,159

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Sandhills Bank

Loan start date

October 2020

Original loan amount

$50,250

Est. remaining balance

$37,641

Interest rate

2.54%

Loan type

New Conventional, 15 year

Seller

Richard W Herzog

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/26/2025 at 3:50 PM

Listing updated: 02/18/2025 at 3:46 PM

Listed by: Robert Dicks Jr, CB Sea Coast Advantage MB Phone #: (843) 449-9494

MLS: MyrtleBeach #2504097

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