Azalea Square Condo Hits the Beaufort MLS @ ONLY $38,900!!!
Posted by Todd Covington on Tuesday, October 11th, 2011 at 1:13am.
We sometimes see opportunity knock twice in the Beaufort's real estate market.
Take this little condo which just came back on the market, at $38,900. It's a foreclosure, is in very good shape, and is located in a fairly new condo community just minutes from historic downtown Beaufort, SC. The name of the complex is Azalea Square. A few years ago, when the community broke ground, these little homes were selling in the low $100,000 range, to the $120,000 or so range.
This condo, with just over 1000 square feet of living space and two bedrooms, had been under contract, but that contract fell through. So an opportunity to pick up an absolute steal is available again.
The next available condo home, price-wise, is listed at $75,000. Imagine being able to purchase a home in a community at half the going rate of the other available homes.
At $38,900, this condo home could have some good rental potential. It is close to all Beaufort military installations, and, as we mentioned, close to downtown Beaufort. This condo is also located minutes from tranquil Port Royal, Beaufort's sister city.
Have you ever thought about pursuing a weekend getaway in Beaufort? This could be the opportunity for that, as well. The community, Azalea Square, has a pool, as well.
The only "catch" with this type of opportunity is that it usually doesn't last long. A condo home priced this well will sell very, very quickly.
In fact, I am going to make a prediction, and go on record as saying this condo will be "under contract" by next Friday.
Take this little condo which just came back on the market, at $38,900. It's a foreclosure, is in very good shape, and is located in a fairly new condo community just minutes from historic downtown Beaufort, SC. The name of the complex is Azalea Square. A few years ago, when the community broke ground, these little homes were selling in the low $100,000 range, to the $120,000 or so range.
This condo, with just over 1000 square feet of living space and two bedrooms, had been under contract, but that contract fell through. So an opportunity to pick up an absolute steal is available again.
The next available condo home, price-wise, is listed at $75,000. Imagine being able to purchase a home in a community at half the going rate of the other available homes.
At $38,900, this condo home could have some good rental potential. It is close to all Beaufort military installations, and, as we mentioned, close to downtown Beaufort. This condo is also located minutes from tranquil Port Royal, Beaufort's sister city.
Have you ever thought about pursuing a weekend getaway in Beaufort? This could be the opportunity for that, as well. The community, Azalea Square, has a pool, as well.
The only "catch" with this type of opportunity is that it usually doesn't last long. A condo home priced this well will sell very, very quickly.
In fact, I am going to make a prediction, and go on record as saying this condo will be "under contract" by next Friday.