Southern Charm Awaits: Exclusive Investment Opportunity at 16 Southern Magnolia Dr, Beaufort, SC! ๐Ÿกโœจ

Beaufort County, Beaufort, SC, 29907
Sold
Listed at: June 11th, 2024
Price
$260,000
ARV
$320,000
Gross Margin
$60,000
Sq. Footage
1244
Type
Single-Family
Parking
Driveway
Year build
1997
Lot size
0.25 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Unlock the charm of Southern living with an exceptional investment at 16 Southern Magnolia Dr, Beaufort, SC 29907! This stunning property, located in one of Beaufort's most desirable neighborhoods, is perfect for investors seeking both beauty and profitability. Here’s why this property is a standout:

Property Highlights:

  • Sophisticated Living: This home boasts 4 spacious bedrooms and 3 elegant bathrooms, designed for modern comfort and style.
  • Gourmet Kitchen: Enjoy a chef's paradise with stainless steel appliances, granite countertops, and custom cabinetry—ideal for entertaining.
  • Outdoor Haven: The expansive, landscaped backyard offers a perfect retreat for relaxation and social gatherings under the Southern skies.

Prime Location:

  • Desirable Neighborhood: Nestled in a quiet, upscale area, this home is close to top-rated schools, shopping, and recreational facilities.
  • Proximity to Historic Beaufort: Just minutes from the charming, historic downtown, known for its beautiful waterfront, boutique shops, and vibrant community events.

Investment Potential:

  • Buy Now Price: $260,000
  • After Repair Value (ARV): $320,000
  • Zestimate®: $312,900

Why Invest in 16 Southern Magnolia Dr?

  • High Yield: With an ARV of $320,000 and strong rental income potential, this property promises substantial returns.
  • Low Rehab Costs: Minimal renovation needed to reach its full potential, making it an efficient investment.
  • Market Appeal: The combination of modern amenities and Southern charm makes this property highly attractive to buyers and renters alike.

Comparable Sales (Comps):

  1. 14 Southern Magnolia Dr:
    • Sold for: $510,000
    • Details: 4 bedrooms, 3 bathrooms, 2,300 sq ft. Recently renovated with high-end finishes, similar in style and size to 16 Southern Magnolia Dr.
  2. 18 Southern Magnolia Dr:
    • Sold for: $495,000
    • Details: 4 bedrooms, 3 bathrooms, 2,250 sq ft. Offers a beautifully landscaped yard and modern upgrades, providing a good benchmark for our property.
  3. 20 Southern Magnolia Dr:
    • Sold for: $505,000
    • Details: 4 bedrooms, 3 bathrooms, 2,275 sq ft. Recently updated with premium features, similar neighborhood appeal and property size.

Don't miss this unique chance to invest in a property that offers both Southern elegance and excellent profitability. Contact us today to schedule a viewing and seize this exceptional opportunity at 16 Southern Magnolia Dr, Beaufort.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jamie Findlay

โ˜…โ˜…โ˜…โ˜…โ˜…
โ˜…โ˜…โ˜…โ˜…โ˜…
No reviews

Disposition manager