3 months on rocket

520 W Palms Dr, Myrtle Beach, SC, 29579

$1,795,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
5 Full Baths
4,065 SqFt
$442/SqFt
House

Location

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520 W Palms Dr, Myrtle Beach$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Two Car Garage
Attached Garage2 spaces
Year Built2024
HeatingCentral
CoolingCentral Air
WaterfrontWater Access
Private PoolYes
MLS #2419614
Lot Size0.21 Acres
StatusActive

About 520 W Palms Dr

Be the first to make this incredible one of a kind, custom 5 bedroom, 5 bathroom property your new home! Under construction and estimated to be completed November of 2024, this home is located on the Intracoastal Waterway in one of the Grand Strand's most prestigious gated communities, Waterway Palms Plantation. Featuring all the upgrades including a two car garage, an elevator from the ground floor with interior access on all levels, a private in-ground saltwater pool, hot tub with a waterfall edge, a fenced in backyard oasis with a built in outdoor kitchen under the covered paver-patio, two balconies overlooking the water, and so much more! The ground floor offers a guest suite equipped with a bedroom, full bathroom, kitchen, living room and laundry all on the main level, with the remaining bedrooms, living room, and kitchen on the upper floors. The living room on the first floor offers beam ceilings throughout this spacious open floor plan, a fireplace as a main focal point, and connects to the kitchen with a large breakfast bar, work island, double ovens, with top of the line appliances, all conveying with sale! Each bedroom includes access to its own bathroom with a large walk in closet, while the master, located on the top floor, also includes two huge walk in closets and access to your covered patio overlooking the waterway. Waterway Palms includes a resort style clubhouse, community pool, round the clock security, playground, friendly neighbors with many community activities throughout the year, and more! Perfectly situated close to schools, grocery stores, and all of the Grand Strand's finest dining, shopping, golf, and entertainment attractions. You won't want to miss this! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Beach
  • Year Built: 2024
  • Living Area: 4,065 SqFt

Listing Office:

  • Office Name: Century 21 Barefoot Realty
  • Office Phone: (843) 390-2121

Interior Features

Interior Information:

  • Appliances: Double Oven, Dishwasher, Microwave, Range, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Interior: Elevator, Breakfast Bar, Bedroom on Main Level, Entrance Foyer, Kitchen Island, Loft, Solid Surface Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Water Access
  • Exterior: Built-in Barbecue, Balcony, Barbecue, Hot Tub/Spa, Porch, Patio

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Two Car Garage

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000
  • Price Per SqFt: $442/SqFt

HOA Fees:

  • Amount: $107
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,129
  • Tax Year: 2018
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Housing Market Comparison

See how this home compares to others in Myrtle Beach, SC.

Med. Sold Price

$324.8K

Med. Price/SqFt

$212

Avg. Days On Market

118

# of Sold Homes

320

520 W Palms Dr vs Myrtle Beach

116 DAYS ON ROCKET

-2 Days

$1,795,000

+$1.4M More

$442/SqFt

+$229 More

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $229/SqFt more than other homes in Myrtle Beach, SC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CCAR
  • MLS Number: #2419614

Listing Office:

  • Office Name: Century 21 Barefoot Realty
  • Office Phone: (843) 390-2121

IDX Provided courtesy of © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.®. Information Deemed Reliable but Not Guaranteed. © Copyright 2024 Coastal Carolinas Multiple Listing Service, Inc.® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes name of the listing brokers. Any images related to data from the MLS is the sole property of the MLS and not the responsibility of the owner of this website.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 16, 2020Home Sold
$200,000
Nov 17, 2004Home Sold
$279,880

Tax History

YEARPROP. TAXASSESSMENT
2020 - $9,398
2019 - $101,074
2018$1,129$87,890
2017$1,132$87,890

History based on county public records data.

Payment Calculator

$9,133

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4259533
3
/10
  • Myrtle Beach Elementary School

  • 690 33rd Ave N

  • 1.53 miles

  • Public District Grades 3-5

school-card-donut-4259534
7
/10
  • River Oaks Elementary School

  • 700 Augusta Plantation Dr

  • 1.55 miles

  • Public District Grades PK-5

school-card-donut-4259535
9
/10
  • Ocean Bay Elementary School

  • 950 International Dr

  • 1.95 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,321. Most Myrtle Beach, SC residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 520 W Palms Dr

What is the listing price of this property?

The listing price of 520 W Palms Dr property is $1,795,000.

What type of property is this?

The property 520 W Palms Dr is a house located in Myrtle Beach, South Carolina, 29579.

Is this property for sale now?

Active Listing: 520 W Palms Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2018 is $1,129 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 16, 2020 for $200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 520 W Palms Dr has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 520 W Palms Dr is 4,065 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 520 W Palms Dr is 2024.

Rocket Homes›South Carolina›Horry County›Myrtle Beach›29579›520 W Palms Dr

This home is located at 520 W Palms Dr in Myrtle Beach, SC and zip code 29579 in the Carolina Forest neighborhood. This 4,065 square foot home, which was built in 2024, sits on a 0.21 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 23, 2024 and is currently priced at $1,795,000.

In November 2024, from all listings sold in Myrtle Beach, SC there were more than 18 sold above asking price, over 255 sold below and more than 47 were sold right at the asked price. The number of listings in Myrtle Beach, SC increased by 0.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $324,892, while the average time on the real estate market was 118 days.

From Rocket Homes Real Estate and based on county public records data.

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