21 Fairway Drive, Edisto Beach, SC 29438
- $850,000
- 2
- BA
- 6,000
- SqFt
- Sold Price
- $850,000
- List Price
- $1,500,000
- Status
- Closed
- MLS#
- 24008191
- Closing Date
- Apr 29, 2024
- Year Built
- 2006
- Style
- Traditional
- Living Area
- 6,000
- Bathrooms
- 2
- Full-baths
- 2
- Subdivision
- Wyndham Ocean Ridge
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 !!
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Additional Information
- Levels
- One
- Lot Description
- High, On Golf Course
- Interior Features
- High Ceilings, Ceiling Fan(s)
- Construction
- Cement Plank, Wood Siding
- Floors
- Ceramic Tile, Wood
- Roof
- Architectural
- Cooling
- Central Air
- Heating
- Electric, Forced Air
- Exterior Features
- Lighting, Stoop
- Foundation
- Crawl Space
- Parking
- Detached, Off Street, Other (Use Remarks)
- Elementary School
- Jane Edwards
- Middle School
- Colleton
- High School
- Colleton
Mortgage Calculator
Listing courtesy of Listing Agent: Jim Kempson from Listing Office: Carolina One Real Estate. 843-779-8660
Selling Office: Carolina One Real Estate.