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1605 S Ocean Blvd. #603, Myrtle Beach, SC, 29577

--beds
1baths
550sqft
$205,000
$373price/sqft
$1,409/moest. monthly cost
$56,360/yrincome needed

About This Home

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.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

--
Myrtle Beach PrimaryGrades 1-23.5 mi
7/10
5/10
Myrtle Beach High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1986

Materials

  • Construction materials: Concrete,Steel

Type & Style

  • Home type: Condo
  • Architectural style: High Rise
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Freezer,Microwave,Oven,Range,Refrigerator

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: Living/Dining Room

Features

  • Entrance Foyer,Furnished,Fireplace,Linen Closet,Separate Shower,Vanity,Window Treatments,High Speed Internet,Stainless Steel Appliances,Solid Surface Counters
  • Door features: Insulated Doors
  • Flooring: Tile
  • Fireplace: Yes
  • Common walls with other units/homes: End Unit

Heating

  • Heating features: Central,Geothermal

Interior Area

  • Total structure area: 650
  • Total interior livable area: 550 sqft

Kitchen

  • Features: Stainless Steel Appliances,Solid Surface Counters

Living Room

  • Features: Fireplace

Master Bathroom

  • Features: Separate Shower,Vanity

Master Bedroom

  • Features: Linen Closet

Property

Details

  • Parcel number: 44314040238
  • Attached to another structure: Yes
  • Zoning: mf
  • Special condition: None

Features

  • Pool features: Community,Indoor,Outdoor Pool
  • Patio & porch: Balcony
  • Exterior features: Balcony
  • Has view: Yes
  • View description: Ocean
  • Has water view: Yes
  • Water view: Ocean
  • On waterfront: Yes
  • Waterfront features: Ocean Front

Lot

  • Features: City Lot

Parking

  • Parking features: Deck

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Earthquake
    EarthquakeModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Ice Storm
Tornado
Coastal Flooding
Earthquake
Inland Flooding
Lightning
Winter Weather
Tsunami

FEMA Declared Disasters in Horry County and South Carolina

Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,036$12,432
Home Insurance *$105$1,260
Property Taxes $64$768
Electricity $204$2,449
Total$1,409$16,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,308/yr
40% on housing$42,270/yr
45% on housing$37,573/yr

South Carolina FAIR Plan Programs

South Carolina Wind and Hail Underwriting Association

Covered
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.6%
8.6%
0%30.0%
Electricity Growth Rate10-year average: 3.6%
3.6%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$373This listing

vs Other Active Listings

Avg $/sqft

ZIP 29577$140
Horry County$183

vs Homes Sold Last Month

Median $/sqft

ZIP 29577$251
Horry County$194

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-02-19Listed for sale$210,000
2026-02-05Contingent$210,000
2025-11-12Listed for sale$210,000
2022-10-04Sold$215,000
2022-08-02Pending sale$220,000
2022-06-30Listed for sale$220,000
2018-02-08Sold$80,000
2018-01-24Pending sale$81,500
2018-01-15Listed for sale$81,500
2016-08-26Sold$64,000
2016-08-05Pending sale$69,975
2016-04-01Listed for sale$69,975

For Sale by Agent

AgentIsaac Larrowe
BrokerageERA Real Estate Modo

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