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$249,999

Beds
2
Baths
2.0
sq ft
739

1605 S Ocean Blvd Unit 1508, Myrtle Beach, SC 29577

1605 S Ocean Blvd Unit 1508

Myrtle Beach, SC 29577

  • 60 days on market
    • Price drop $25,001↓
Welcome to your coastal oasis at the Palace Resort with beautiful views! This luxurious 2-bedroom, 2-bathroom condo offers a perfect blend of comfort and elegance. With breathtaking ocean views from your two large private balconies, you can enjoy stunning sunrises everyday! Updated with new flooring and decorated with stylish furniture, this unit is completely turn-key! Featuring a full kitchen, living and dining areas which are very spacious and open up to amazing ocean views. Relax and unwind in the master suite with it's own en-suite bathroom with a vanity and tub/shower combo or retreat to the guest bedroom for added privacy with it's own balcony! The Palace Resort offers great amenities like oceanfront pools, whirlpools, a fitness room, and more. The location is conveniently located near the airport, shopping, dining, golfing, entertainment, and attractions. Whether you're looking for a permanent home, a vacation retreat, or an investment, this opportunity is a must-see. Sold fully furnished! Don't miss out on having your own piece of paradise!

Details

Property type

Condominium

Est. home value

$247,238

Lot size

Unknown

Price per sq ft

$339

Year built

1986

Monthly HOA fee

$911

Price History

06/19/2024
MyrtleBeach

MyrtleBeach #2411307

Price change
$249,999
-9.09%
05/08/2024
MyrtleBeach

MyrtleBeach #2411307

Listed
$275,000
+12.24%
09/06/2023
MyrtleBeach

MyrtleBeach #2315893

Sold
$245,000
+58.06%

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

$112,525
Asking price
$249,999
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$117,474
Cash to seller
$112,525

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

December 2021

Original loan amount

$124,000

Est. remaining balance

$117,474

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Michael D Flannery and Tricia M Flannery

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: 07/07/2024 at 5:00 PM

Listing updated: 06/24/2024 at 8:53 AM

Listed by: Higdon Properties Group, INNOVATE Real Estate Phone #: (843) 839-1649

MLS: MyrtleBeach #2411307

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