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1605 S Ocean Blvd. #302, Myrtle Beach, SC, 29577

--beds
1baths
400sqft
$120,000
$300price/sqft
$909/moest. monthly cost
$36,360/yrincome needed

About This Home

Enjoy direct oceanfront living from this 3rd-floor studio condominium at the Palace Resort in Myrtle Beach. Fully furnished and thoughtfully designed, this unit offers a comfortable coastal retreat or an excellent opportunity for vacation use or rental income. The open floor plan provides more living space than many studios in the building, creating an airy, uncluttered feel. The interior features tile flooring throughout and was completely repainted in Fall 2023, offering a fresh, warm, and welcoming atmosphere. The sleeping and living areas include a queen bed, queen sleeper sofa, dining area, and expansive views of the Atlantic Ocean from both inside the unit and the private balcony. One of the standout features of this studio is the oversized kitchen, a rarity among comparable oceanfront studios. The kitchen includes full-size appliances—refrigerator, stove, dishwasher—along with ample cabinetry, counter space, and room for meal preparation, making it ideal for extended stays or full-time use. The living area is positioned to take full advantage of the unobstructed ocean views, with sliding glass doors leading to the balcony—perfect for enjoying sunrises, sunsets, and coastal breezes. Owners and guests enjoy access to resort amenities, including beach access, free parking, basic cable, and Wi-Fi. The Palace is a 23-story oceanfront complex on South Ocean Boulevard, conveniently located approximately one mile from Myrtle Beach International Airport and Coastal Grand Mall, with nearby shopping, dining, golf, entertainment, and area attractions. This well-maintained oceanfront studio offers an exceptional combination of location, space, and value along the Grand Strand. This is a great income-producing vacation rental! Call the listing agent for more information.

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

  • Foundation: Slab
  • 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

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Entrance Foyer,Furnished,Window Treatments,Breakfast Bar,High Speed Internet
  • Flooring: Luxury Vinyl,Luxury VinylPlank,Tile

Heating

  • Heating features: Central,Geothermal

Interior Area

  • Total structure area: 450
  • Total interior livable area: 400 sqft

Property

Details

  • Parcel number: 44314040127
  • Attached to another structure: Yes
  • Zoning: MF
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Pool features: Community,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 $606$7,272
Home Insurance *$61$732
Property Taxes $38$456
Electricity $204$2,449
Total$909$10,908
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,165/yr
40% on housing$27,270/yr
45% on housing$24,240/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

$300This 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)

No zestimate history available

Price History

DateEventPrice
2026-01-14Listed for sale$120,000
2024-04-05Listing removed--
2024-03-22Price change$126,500
2024-03-18Price change$128,000
2024-03-11Price change$129,500
2024-02-20Listed for sale$131,500
2021-02-25Sold$76,000
2018-04-18Sold$63,900
2014-02-24Sold$48,500

For Sale by Agent

AgentIsaac Larrowe
BrokerageERA Real Estate Modo

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