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$145,000

Beds
Unknown
Baths
1.0
sq ft
341

1605 S Ocean Blvd Unit 1706, Myrtle Beach, SC 29577

1605 S Ocean Blvd Unit 1706

Myrtle Beach, SC 29577

  • 5 days on market
Welcome to this ocean-view studio condo offering breathtaking views of the ocean from its prime location on the 17th floor. This unit is fully furnished, move-in ready and this turn-key unit features tiled flooring thoughout, and a well-appointed kitchen with a breakfast bar. Whether you're seeking the perfect vacation retreat or a lucrative investment property, this condo presents an exceptional opportunity. Located in the highly sought-after Palace Resort, residents and guests can enjoy an array of world-class amenities, including indoor and outdoor pools, hot tubs, a sauna, steam room, fitness center, on-site restaurant and lounge, and a putting green. Additionally, the resort boasts a Waterpark oasis, offering endless fun right on the premises. Conveniently situated near popular local restaurants and entertainment venues, this property combines luxury, convenience, and unparalleled coastal living. Don't miss the chance to make this exceptional condo yours!

Details

Property type

Condominium

Est. home value

$131,092

Lot size

Unknown

Price per sq ft

$426

Year built

1986

Monthly HOA fee

$455

Price History

01/05/2025
MyrtleBeach

MyrtleBeach #2500371

Listed
$145,000
+70.59%
07/13/2021
MyrtleBeach

MyrtleBeach #2110934

Sold
$85,000

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

$131,372
Asking price
$145,000
Closing costs (~8% of asking)
-$11,600
Est. remaining loan balance
-$2,028
Cash to seller
$131,372

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

Seller’s Loan History

Lender

Bernard J Thien Trustee

Loan start date

April 2020

Original loan amount

$28,110

Est. remaining balance

$2,028

Interest rate

3.45%

Loan type

New Conventional, 5 year

Seller

Theresa Ann Davidson

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?

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Status: Active

Tomo last checked: 01/10/2025 at 8:15 AM

Listing updated: 01/07/2025 at 1:55 PM

Listed by: Leonor Miranda, CENTURY 21 Broadhurst Phone #: (843) 448-7169

MLS: MyrtleBeach #2500371

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