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    916 Bay St Beaufort, SC 29902
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    Property profile & analytics

    916 Bay St Beaufort, SC 29902


    • Banks
    • 10,782 SF
    • 0.14 lot acres
    Prime Beaufort Multifamily Investment For Sale
    $7,750,000

    Prime Beaufort Multifamily Investment

    Downtown Beaufort, Waterfront Views, Redevelopment Ready

    916 Bay St, Beaufort, SC 29902
    View Listing
    Property ID
    US77-0077668
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • North & Black PC / Law Firm
    • Morgan Keegan & Co / Financial Advisor

    Property Details for 916 Bay St

    Year built
    1978
    Lot size
    0.14 lot acres
    Property size
    10,782 SF
    Zone code
    6611
    Property type
    Banks
    APN
    R120 004 000 0919 0000
    APU
    R12000400009190000

    Description

    This exceptional multifamily property at 916 Bay Street in Beaufort, South Carolina, presents a unique redevelopment opportunity. Situated on a 0.15-acre lot, this prime location offers unparalleled access to the vibrant downtown area, boasting boutique shopping, exquisite dining, and rich historical charm. The property's proximity to Waterfront Park provides residents with stunning open spaces without the burden of maintenance. Boating enthusiasts will appreciate the marina, conveniently located just 400 feet away. A playground is also within easy reach, approximately 560 feet southeast of the property. The existing structure boasts a robust foundation, minimizing permitting challenges for future development. The building features durable 2'x3' steel-reinforced concrete walls and a sturdy roof, significantly reducing the cost and complexity of any necessary modifications. Two vertical chases, extending from ground level to the rooftop, along with horizontal chases on each floor, simplify the integration of new mechanical, electrical, and plumbing systems. An elevator in excellent condition ensures convenient access to all floors. Covered parking, secured by a gate, enhances the property's appeal and provides added security for residents. Priced at $7,750,000, this property represents a compelling investment opportunity in a highly desirable location. The combination of its strong structural integrity, prime location, and redevelopment potential makes this a truly exceptional offering.


    Value Estimations

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    • AI approach

    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Beaufort
    County
    Beaufort
    State
    South Carolina
    Longitude
    -80.6722
    Latitude
    32.4307
    CBSA code
    25940
    CBSA name
    HILTON HEAD ISLAND-BEAUFORT, SC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,148
    $0.00
    $0.00
    $92,300
    -
    $436,000
    $1,162,700
    $1,598,700
    View Listing
    More about this property
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