Bought with Carolina One Real Estate
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21 Fairway Dr Edisto Beach, SC 29438
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Key Details
Sold Price $850,000
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $141
Subdivision Wyndham Ocean Ridge
MLS Listing ID 24008191
Sold Date 04/29/24
Full Baths 2
Year Built 2006
Property Sub-Type Single Family Detached
Property Description
INVESTMENT OPPORTUNITY!! Seller will Leaseback & continue to operate Edisto's highly successful & only Fine Dining Restaurant (approx. 190 seats).Lease Terms Proposed: -$10,000 per month rent Tenant to also pay:- property taxes, -all insurance, -HOA Fee ($893/yr), -CAM Fee ($2367/mo), -All interior maintenance, -2% Annual Rent increase, -5yr Lease w/three 5yr extension options- ''Triple Net Lease!''-Includes all built-in Kitchen EquipmentIdeally located inside Wyndham Ocean Ridge Resort near Golf Pro Shop & 1st Tee Box. Suitable for 1031 Like-kind exchange. OUTSTANDING RETURN ON INVESTMENT - DON'T MISS OUT !!
Location
State SC
County Colleton
Area 27 - Cln - Edisto Beach
Region None
City Region None
Interior
Interior Features High Ceilings, Ceiling Fan(s)
Heating Electric, Forced Air
Cooling Central Air
Flooring Ceramic Tile, Wood
Window Features Thermal Windows/Doors,Window Treatments
Exterior
Exterior Feature Lighting, Stoop
Community Features Gated, Golf Course, Tennis Court(s), Trash
Utilities Available Dominion Energy
Roof Type Architectural
Porch Porch - Full Front
Building
Lot Description High, On Golf Course
Story 1
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Structure Type Cement Plank,Wood Siding
New Construction No
Schools
Elementary Schools Jane Edwards
Middle Schools Colleton
High Schools Colleton
Others
Financing Any,Cash,Conventional
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