Price reduced

1605 S Ocean Blvd.

Myrtle Beach, 29577 · PALACE, THE

$205,000

Reduced from $210,000

Studio 1 bath 550 sqft

Estimated monthly payment

$1,637/mo

Est. 20% down, 6.5% rate, taxes, insurance, and HOA. Not a loan quote.

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Forturro local-comp estimate

$122,000

Informational estimate from 200 nearby active records; not an appraisal or AVM.

Your take

About this property

Luxury Meets Location! Discover this stunning, fully renovated 6th-floor end unit at The Palace Resort in Myrtle Beach, SC. Completely remodeled in Spring 2022, this oceanfront studio showcases modern, high-end finishes throughout. Highlights include sleek tile flooring, upgraded cabinetry, a full suite of new appliances, and gorgeous quartz countertops. The space has been thoughtfully furnished with a new sofa, accent chair, coffee table, dresser, mattress, bed frame, and headboard. Enjoy stylish touches like updated window treatments, a custom stone accent wall with a built-in LED fireplace and flat-screen smart TV, recessed lighting, and a spa-inspired bathroom with a rainfall shower, new vanity, and toilet. This luxury retreat performs exceptionally well as an Airbnb investment, attracting guests year-round. Incredible rental history that surpasses the 1BR and 2BR units in the building! The Palace Resort offers fantastic amenities, including multiple pools and hot tubs, and sits just 1.5 miles from Myrtle Beach International Airport. Known for its apartment-style layouts, The Palace maintains some of the strongest occupancy rates along the Grand Strand.

What stands out

From the MLS listing description

Completely remodeled in Spring 2022, this oceanfront studio showcases modern, high-end finishes throughout.
Highlights include sleek tile flooring, upgraded cabinetry, a full suite of new appliances, and gorgeous quartz countertops.
The space has been thoughtfully furnished with a new sofa, accent chair, coffee table, dresser, mattress, bed frame, and headboard.

Facts & features

Status: Active
Property type: Condominium
Bedrooms: Studio
Bathrooms: 1
Living area: 550 sqft
Year built: 1986
Subdivision: PALACE, THE
County: Horry
Days on market: 202
HOA: $455 / month
MLS #: 2527236

Property PulseLocal market contextSame-type resale MLS activity.

Same residential type · resale only · ZIP 29577.

Active: 1077
Under contract: 181
Sold · 90d: 360

Live MLS listing data as of now. Informational only; not an appraisal or valuation.

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Parcel / PIN44314040238

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Estimated total monthly

$1,637/mo

$1,037 principal & interest · $145 taxes & insurance · $455 HOA

Down payment20% · $41,000

Interest rate

Term

Loan amount $164,000. Estimate only — taxes, insurance, and HOA are approximate. Not a lending quote.