Unit 105 is not being presented as a finished coastal condo. It is a renovation project in an oceanfront building, offered as-is and for cash buyers only according to the MLS. The interior has been stripped back, creating a chance to plan a new layout and finishes—but also requiring a careful assessment of condition, scope, rules, permitting and cost before moving forward.
The property was offered at $99,000 when the supplied MLS record was reviewed on September 2, 2026. The unit is on the first floor of Palms South Tower and includes one bedroom, one bathroom and approximately 588 heated square feet.
What “ready to renovate” means here
The photographs show unfinished walls, open utility connections and areas where fixtures or finishes have been removed. The MLS specifically reports no appliances and no bathroom vanity. Any buyer should expect to bring a qualified contractor and conduct inspections before deciding whether the project fits the intended plan and budget.
The listing is offered as-is and cash-only. The supplied materials do not establish the condition of plumbing, electrical, HVAC, windows, doors, balcony components, waterproofing or other building systems. They also do not provide a renovation estimate, contractor proposal, permit history or association approval.
Kitchen and utility areas awaiting completion
The kitchen area retains cabinetry, a sink and work surfaces, but the photographs show open appliance spaces and unfinished wall sections. The MLS states that appliances are not included. Nearby utility areas show exposed connections that will need evaluation as part of the renovation plan.
Before purchasing, buyers should verify what work the association permits, whether licensed and insured contractors are required, working-hour and elevator rules, material-delivery procedures, debris removal, permits, inspections and any fees or deposits tied to construction.
A bathroom that needs to be rebuilt
The bathroom photographs show a tub-and-shower combination and toilet, along with unfinished wall surfaces. The MLS confirms that there is no bathroom vanity. Plumbing connections, moisture conditions, ventilation, waterproofing and code requirements should be evaluated by qualified professionals.
First-floor balcony and oceanfront setting
The private balcony faces toward the Atlantic, with ocean views framed by the building's lower roofline and beachfront landscaping. Its first-floor position keeps the unit close to the building's common areas and removes the high-floor perspective found elsewhere in the tower.
The Palms is located directly along North Ocean Boulevard inside Myrtle Beach city limits. The MLS reports an oceanfront unit position, parking deck, elevator service, indoor pool and outdoor community pool.
Indoor and outdoor community pools
The property photographs show an outdoor pool beside the oceanfront lawn, an indoor swimming pool and a separate indoor spa area. Buyers should confirm current operating schedules, access rules, planned repairs and whether every photographed facility is included for owners and guests.
HOA costs need direct documentation
The MLS calculates an HOA equivalent of $896 per month and states that dues are paid quarterly. Reported inclusions are common electricity, water and sewer, elevator service, pool service, landscape and lawn care, primary cable television, common maintenance and repair, internet access, pest control and association insurance. Individual HO-6 coverage is not included.
No associated documents were available with this listing. The supplied package did not include a current HOA statement, budget, insurance certificate, reserve study, assessment history, minutes, rules or renovation procedures. Buyers should obtain and review those materials before relying on the reported amount or inclusions.
Rental eligibility is reported, but rules were not supplied
The MLS reports that short-term and long-term rentals are allowed and that no rental-management contract is in place. No association rules, rental program documents, licensing information, booking records or income history were supplied. Buyers should independently verify current rules, city requirements, management options and all operating costs.
Flood-zone and past-tax information
The September 2, 2026 CRS parcel report lists three mapped FEMA zones: 0.2 PCT, AE with a reported 14-foot base flood elevation, and X. Because the parcel report lists multiple zones, it does not establish the exact building- or unit-specific designation. Buyers should obtain a current flood determination and insurance guidance specific to Unit 105.
CRS reports total property taxes of $1,171.16 for 2025, $1,171.16 for 2024 and $1,092.80 for 2023. Historical taxes do not predict a buyer's future bill because ownership, use, reassessment, exemptions and millage can change.
Things Buyers Should Know
- MLS 2617985 was active at $99,000 when reviewed September 2, 2026.
- The property is offered as-is and for cash buyers only according to MLS remarks.
- The unit requires substantial renovation and is not move-in ready.
- The MLS reports no appliances and no bathroom vanity.
- The MLS reports 588 heated square feet.
- The MLS calculates an $896 monthly HOA equivalent and states dues are paid quarterly.
- No associated documents or current HOA records were available in the supplied package.
- The MLS reports short-term and long-term rentals are allowed, but governing rules were not supplied.
- CRS lists multiple flood zones for the parcel; a unit-specific determination is required.
- Renovation scope, cost, condition, permits, association approval, financing, insurance and every material fact require independent verification.
Frequently Asked Questions
Is Unit 105 move-in ready?
No. The MLS presents it as an as-is renovation project. It reports no appliances and no bathroom vanity, and the photographs show unfinished areas.
Will the seller accept financing?
The MLS public remarks specify cash buyers only. Buyers should confirm acceptable terms directly through the listing representatives before making an offer.
How much is the HOA?
The MLS calculates an $896 monthly equivalent and states that dues are paid quarterly. No current HOA statement was supplied, so buyers should obtain the actual current quarterly amount in writing.
Are short-term rentals allowed?
The MLS reports short-term and long-term rentals are allowed. No governing documents were supplied, so buyers should verify current association and city requirements.
What flood zone is reported?
The CRS parcel report lists zones 0.2 PCT, AE and X. Buyers should obtain a building- and unit-specific flood determination and insurance guidance.
What were the recent property taxes?
CRS reports $1,171.16 for both 2025 and 2024, and $1,092.80 for 2023. A buyer's future tax bill may differ.
Were HOA or seller documents provided?
No. The MLS reports zero associated documents, and none were supplied with the package.