Vacant Lot in Bay St. Louis, MS! 5 Miles from Beaches & Shore! Positive Equity!

Description: Exceptional Land Sale Opportunity: $2,500.00 + $199.00 document fee The land value assessed by the county, which is often lower than the actual intrinsic value of the land, is $3,000.00. This means you will have positive equity on your investment right out of the gate! That's right... if you're buying this lot as an investor, you don't have to hold the land for a decade hoping that somehow, someway the land increases in value so that you can turn a profit. In fact, you could probably flip this property as-is for a very reasonable return right away, if you so desire. Don't take my word for it; do your research and see exactly what I mean! The obvious question is "If I think this is such a deal at $2,500.00, why am I not charging more?" The truth is I have a handful of vacant lots that I have amassed over the last five years (many of which have been purchased on eBay like you!), but due to unexpected personal expenses, I regrettably need to free up some capital. Therefore, I'm putting this property up "priced to sell" that provides value for the buyer, but also frees up the money I need in the shorter-term. My loss is your gain. If it doesn't sell, I'll just hold on to it and will probably be glad in the future that I did! Again, you shouldn't just take my word for it. I openly encourage you to do your research so that you can assess the value for yourself and see what I mean! This is a property that is less than five miles from the harbor and beaches and is not like a lot of properties on eBay that are in places like the Arizona & California desert where nobody will ever be residing. Feel free to reach out if you have any questions, although I have added pretty much all the information I know on this plot below! Overview of the Property: Presenting a unique opportunity to acquire a prime piece of real estate located on East Oktibbeha Street in the picturesque town of Bay Saint Louis, Mississippi. This property offers the perfect blend of affordability and potential, making it an ideal investment for both seasoned investors and first-time buyers. Property Details: Parcel Number: 163F-0-06-381 Legal Description: Bayside Park Unit 2, Block 145, Lot 38 Approximate GPS Coordinates:** 30.286494, -89.429067 Dimensions: The lot measures "50 feet wide" at the street and "102 feet deep", providing a total of approximately 4,956.435 square feet or 0.114 acres of developable land. This generous size allows for a variety of building options, from single-family homes to potential multi-family units, depending on zoning regulations.Estimated Taxes: $42.84/yearFinancial Insights:Land Value: The assessed land value by Hancock County is $3,000.00, reflecting the property's market potential.Improvement Value: Currently set at $0.00, offering you a blank slate to realize your vision.Total Value: $3,000.00, making this an outstanding investment at the competitive price of $2,500.- Cost-Efficient Investment: Purchasing this lot at a price significantly below market value represents a unique opportunity for both short-term and long-term investment strategies. Whether you plan to build immediately or hold onto the property for future appreciation, the potential for a solid return on your investment is considerable. Property Features:Ownership Assurance: The land will be conveyed through a **Special Warranty Deed**, providing you with peace of mind regarding the ownership transfer.Freedom from Fees: One of the standout features of this property is the absence of **HOA/POA fees**. This means you won’t face additional monthly or annual costs that can eat into your budget or investment return.Flexible Building Timeline: There is "no time limit to build" on this property, allowing you to plan your development without pressure. You can take your time to design your ideal home, vacation getaway, or investment property.Location Advantages: Bay Saint Louis is a hidden gem along the Mississippi Gulf Coast, renowned for its charming small-town vibe, rich history, and vibrant arts scene. The community is famous for its friendly atmosphere and welcoming residents. - Proximity to Attractions: - Just a short drive from beautiful beaches where you can enjoy sunbathing, fishing, and water sports. - Close to the historic downtown area filled with boutique shops, art galleries, and delicious local restaurants featuring fresh seafood and Southern cuisine. - Easy access to recreational activities such as boating, golfing, and nature trails. The nearby Bay St. Louis Marina is perfect for boating enthusiasts. - Community and Lifestyle: - Bay Saint Louis hosts various festivals and events throughout the year, fostering a strong sense of community and offering fun for all ages. - The area's rich history and commitment to preserving its heritage make it a culturally vibrant place to live. - Future Growth: As Bay Saint Louis continues to grow in popularity, real estate values in the area could appreciate, making this an opportune time to invest. - Rental Opportunities: With the rise of vacation rentals, owning property in this desirable location can offer significant rental income potential, especially during peak tourism seasons. Next Steps: Don’t let this incredible opportunity pass you by! Take the first step toward owning your slice of Bay Saint Louis. Act now to secure this affordable and versatile piece of land in one of the Gulf Coast’s most charming towns! Terms and Conditions: There is a documentation preparation fee of $199. Payment is due within 24 hours of committing to buy the lot on eBay. Upon payment via PayPal or money order, seller will prepare, notarize and mail all documents to the buyer via USPS with tracking. Buyer then reviews all documents and records. Seller makes no representations, warranties of any kind whatsoever, expressed or implied regarding the nature, value, source, authenticity, fitness, merchantability or any other aspect or characteristic of this property. Seller makes no representation as to future prospects for increases in value of this property. All prospects buyers are urged to do their own due diligence to their own satisfaction prior to purchase of this property. Buyer to conduct all due diligence concerning past due liens, taxes, debris, structures, encumbrances or encroachments if any, these will be buyers responsibility. Buyer will receive a Special Warranty Deed upon payment in full. All information contained in this listing page has come from reliable sources and is accurate to the best of our knowledge. We make no guarantee expressed or implied as to the location, condition, accessibility, terrain, build ability or information contained in this listing. All sales are final. No refunds.

Price: 2500 USD

Location: Spokane, Washington

End Time: 2024-10-23T00:06:56.000Z

Shipping Cost: N/A USD