Seller's Agent in 2023
Jennifer Ballard
Bellator Real Estate LLC Mobile
(251) 391-7227
27 in this area
121 Total Sales
Estimated Value: $788,089 - $976,000
Opportunity awaits! This 2-Unit Detached Duplex set up, directly on the Gulf, is ready for its new owner. These highly sought after vacation rentals, known as Beach Music and Rainbows End, generate consistently over $130k every year. Each side is 1500 sqft and features 4 bedrooms, 2 full bathrooms, and open concept floor plans. They are completely detached from each other, only sharing a breezeway in-between that holds 2 gas grills, outside shower, and a shared front step entry. Each unit offers complete privacy along with their own full length back decks that offer unbelievable views unlike any other property on the island. This Detached Duplex set up offers 2 vacation rentals in one property, something that is unique and rare on the island. Both units are currently in a very successful vacation rental program with a strong rental history. Gross numbers combined for 2020 were $92K, 2021 $140k, 2022 $140K, and so far for 2023 $115k with new bookings coming in daily, frequently used by owners only adding to potential income. With the Detached Duplex set up, renters with larger groups find these units convenient and easy to rent out together and become repeat guests every year. These units are being sold fully furnished and future bookings are fully transferable to the new owner.
Recent updates (per sellers) are: Beautiful LVP flooring throughout, white cabinets, quartz countertops throughout, newer hot water heaters, new metal roof in 2022, upgraded/high grade board and batten style vinyl siding in 2022, warranted inside AC/heat units in 2020, reinforced piling snap jackets in 2022, staircase and walkway in 2022, new insulation and underpinning, new hurricane straps added and replaced, recessed lighting and new electrical/light fixtures, new smart TVs, and updated furnishings in main living area.
Last Agent to Sell the Property
Bellator Real Estate LLC Mobile License #115410-1 Listed on: 05/05/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 101 Llas Of Rock Hill Llc | $925,000 | Delta South Title | |
| Geske Terry Garland | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Geske Terry Garland | $210,000 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2023 11/09/23 | Sold | $925,000 | -7.0% | $283 / Sq Ft |
| 10/05/2023 10/05/23 | For Sale | $995,000 | 0.0% | $305 / Sq Ft |
| 09/30/2023 09/30/23 | Pending | -- | -- | -- |
| 06/11/2023 06/11/23 | For Sale | $995,000 | 0.0% | $305 / Sq Ft |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 06/04/2023 06/04/23 | For Sale | $995,000 | 0.0% | $305 / Sq Ft |
| 05/15/2023 05/15/23 | Pending | -- | -- | -- |
| 05/05/2023 05/05/23 | For Sale | $995,000 | -- | $305 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,474 | $139,700 | $15,000 | $124,700 |
| 2024 | $7,474 | $122,960 | $12,500 | $110,460 |
| 2023 | $6,578 | $116,820 | $12,500 | $104,320 |
| 2022 | $5,412 | $101,160 | $10,000 | $91,160 |
| 2021 | $5,086 | $95,060 | $8,000 | $87,060 |
| 2020 | $5,141 | $96,100 | $8,000 | $88,100 |
| 2019 | $4,300 | $80,380 | $8,000 | $72,380 |
| 2018 | $4,344 | $81,200 | $0 | $0 |
| 2017 | $4,271 | $79,840 | $0 | $0 |
| 2016 | $4,314 | $80,640 | $0 | $0 |
| 2013 | $3,945 | $73,040 | $0 | $0 |
Seller's Agent in 2023
Jennifer Ballard
Bellator Real Estate LLC Mobile
(251) 391-7227
27 in this area
121 Total Sales
Buyer's Agent in 2023
Ginger Hagenberg
IXL Real Estate LLC
(251) 490-8800
1 in this area
73 Total Sales
Source: Gulf Coast MLS (Mobile Area Association of REALTORS®)
MLS Number: 7210063
APN: 53-01-00-0-018-018
Ask me questions while you tour the home.