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$179,000

Beds
1
Baths
1.0
sq ft
539

1605 S Ocean Blvd Unit 811, Myrtle Beach, SC 29577

1605 S Ocean Blvd Unit 811

Myrtle Beach, SC 29577

  • 76 days on market
    • Price drop $8,000↓
BREATHTAKING VIEWS of the Atlantic coastline from this gem located on the 8th floor of The Palace Resort in the heart of Myrtle Beach! Enjoy the simply stunning beaches from your living room, and balcony that is accessible from both the living area and bedroom. The kitchen has been elegantly renovated with white cabinets, granite countertops, and a backsplash. Clean, comfortable, well loved, and perfect for your personal getaway and/or investment. This one-bedroom property sleeps 4 comfortably with ample room to enjoy with family and entertain in the spacious kitchen and open floorplan layout. The 8th floor turns out to be the perfect level; not too high, but high enough for fantastic views and no disturbance from noise aside from the calming surf and ocean sounds. The bathroom has also been updated! The reasonable HOA includes building insurance and all utilities except your unit's electricity use. All amenities are included: indoor and outdoor pools, whirlpools, putting green, fitness room, restaurant, sauna, parking garage, laundry facilities, along with free internet and cable TV. This find is centrally located close to shopping, a variety of restaurants, attractions such as Broadway at the Beach, Hollywood Wax Museum Entertainment Center, Broadway Grand Prix, Market Common, and Myrtle Beach Airport. Escape the world when you lounge in your own condo while enjoying the beach and vast ocean, no matter the season, or grab your towel and head down to the sandy shores! Enter your unit via the indoor walkway around the atrium! Covered parking. Call us for more information on great income potential!

Details

Property type

Condominium

Est. home value

$168,353

Lot size

Unknown

Price per sq ft

$333

Year built

1986

Monthly HOA fee

$683

Price History

07/06/2024
MyrtleBeach

MyrtleBeach #2409879

Price change
$179,000
-4.28%
04/22/2024
MyrtleBeach

MyrtleBeach #2409879

Listed
$187,000
+13.33%
08/19/2022
MyrtleBeach

MyrtleBeach #2215235

Sold
$165,000

Schools & Community

Elementary school: 

Myrtle Beach Elementary School

Middle school: 

Myrtle Beach Middle School

High school: 

Myrtle Beach High School

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

$51,710
Asking price
$179,000
Closing costs (~8% of asking)
-$14,320
Est. remaining loan balance
-$112,970
Cash to seller
$51,710

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

Seller’s Loan History

Lender

United Bank

Loan start date

August 2022

Original loan amount

$123,750

Est. remaining balance

$112,970

Interest rate

4.83%

Loan type

New Conventional, 15 year

Seller

Steven K Glover and Amanda M Glover

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 6:25 PM

Listing updated: 07/06/2024 at 5:53 PM

Listed by: Eleanor Becker, CENTURY 21 Boling & Associates Phone #: (843) 449-2121

MLS: MyrtleBeach #2409879

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