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$159,218Estimated home value

Beds
1
Baths
1.0
sq ft
539

1605 S Ocean Blvd Unit 1112, Myrtle Beach, SC 29577

1605 S Ocean Blvd Unit 1112

Myrtle Beach, SC 29577

  • Sold On 9/24/2024
    • Price drop $9,100↓
Check out this 11th floor, ocean view, 1-bedroom apartment located at the Palace Resort in Myrtle Beach, SC. The condo is fully furnished and the layout will accommodate 4 guests. Upon entry, guests will enter into the kitchen and living room area. Unlike many 1-bedroom properties in town, you do not have to walk through the bedroom to get in and out of the condo! Directly to the right is where the full bathroom is located. The bathroom features a tub, shower, vanity with sink, mirror, and toilet. The AC unit is located in the utility closet just outside the bathroom. Continuing through the apartment, the private bedroom is also located on the right side of the apartment. The bedroom features 1 queen bed, closet, dresser for storage, nightstand, cable TV with over 100 channels to choose from, access to the ocean view balcony, blackout curtains, and a beautiful barn door for privacy. Entering into the living room, guests will find the most relaxing part of the entire condo! The living room is open and spacious, and features endless, North-facing views of the ocean. The 11th floor offers such great views; not too high, not too low! The living room offers a dining table and chairs, queen-sized sleeper sofa, accent chairs, end tables, cable TV with over 100 channels to choose from, and access to the ocean view balcony. As of March 2022, a beautiful shiplap wall was built and an LED electric fireplace was installed. A brand new sleeper sofa was installed, including modern pieces of decor and accents. The entire condo was painted, and a stylish barn door was installed in the bedroom. New flooring is featured throughout. This is truly a home away from home! The kitchen is absolutely incredible and features brand new stainless steel appliances, new cabinets, and granite counter tops. The homeowners spared no expense! Unlike many condos, this listing also features a full-size dishwasher as well as small appliances like a coffee maker and toaster. Cooking a large meal or a small snack will not be a problem! The Palace is a highly sought-after complex in Myrtle Beach, SC and is in close proximity to the Myrtle Beach Boardwalk, Sky Wheel, restaurants, shopping, mini golf, attractions, MYR airport, and so much more. Call the listing agent to schedule a showing today!

Details

Property type

Condominium

Est. home value

$159,218

Lot size

Unknown

Price per sq ft

$297

Year built

1986

Monthly HOA fee

$683

Price History

09/19/2024
MyrtleBeach

MyrtleBeach #2405257

Sold
$152,500
-4.63%
08/20/2024
MyrtleBeach

MyrtleBeach #2405257

Pending
$159,900
05/28/2024
MyrtleBeach

MyrtleBeach #2405257

Price change
$159,900
-5.38%

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

Community features: 

Pool

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

$90,391
Asking price
$159,900
Closing costs (~8% of asking)
-$12,792
Est. remaining loan balance
-$56,717
Cash to seller
$90,391

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

Seller’s Loan History

Lender

Bowen Christopher

Loan start date

January 2022

Original loan amount

$75,000

Est. remaining balance

$56,717

Interest rate

2.39%

Loan type

New Conventional, 10 year

Seller

Bee & Bee Property Grp Llc

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: Off Market

Tomo last checked: 10/05/2024 at 8:50 PM

Listing updated: 09/24/2024 at 4:35 PM

Listed by: Isaac Larrowe, ERA Real Estate Modo Phone #: (843) 800-8484

MLS: MyrtleBeach #2405257

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