Vicki McIntosh Klein, Managing Broker
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1302 Magnolia Street, Gulfport, MS 39507

$258,720
  • 1302 Magnolia Street, Gulfport, MS 39507 Main Photo

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Active
BEDS1 BATHS1 full SQUARE FEET840 MLS#4125105
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONMetes And Bounds

Property Description

Tower 2 at Handsboro Point is now under construction, offering a rare opportunity to own in one of the Mississippi Gulf Coast's most exciting new waterfront communities. Following the complete sellout of Tower 1, which is already producing strong rental revenue for investors, Tower 2 brings a mix of residential and commercial opportunities designed to meet both lifestyle and income goals. Residential offerings include 1BR/1BA residences of approx. 840 SF priced from $258,720-$289,296, 2BR/2BA residences of approx. 1,118 SF priced from $331,878-$385,039, and a single 3BR/2BA penthouse residence of 3,005 SF priced at $1,021,700. Each unit features open layouts, modern kitchens, spacious bedrooms, and large windows capturing waterfront views. Projected rents range from $2,450/month for one-bedrooms to $3,850/month for the penthouse, creating flexibility for primary ownership, second homes, or short-term rental investment. In addition, the ground floor features 6,826 SF of divisible Class A commercial space suitable for retail, dining, medical, or professional uses, with build-to-suit options available. Residents and tenants will benefit from direct river access for boating, fishing, and kayaking, along with upcoming community amenities such as bocce ball courts, putting greens, and outdoor gathering areas. Positioned along the fast-growing Lorraine Road corridor and surrounded by new subdivisions, infrastructure investment, and recreation, Tower 2 represents a proven, mixed-use destination where lifestyle and long-term value meet. 1 Bedroom / 1 Bath MLS Description Now available in Tower 2 at Handsboro Point, these 1BR/1BA residences combine modern design, efficient layouts, and strong investment appeal. Each home offers approximately 840 SF with open living areas, contemporary kitchens, and oversized windows that showcase the waterfront setting. Priced from $258,720 to $289,296 ($308-$344 per SF), these residences are well-suited for primary homes, vacation getaways, or income-producing short-term rentals. With projected monthly rents of $2,450, one-bedroom units remain one of the most in-demand options for business travelers, couples, and weekend visitors on the Mississippi Gulf Coast. Owners at Tower 2 enjoy direct river access for boating, fishing, and kayaking, as well as planned lifestyle amenities including bocce ball courts, putting greens, and waterfront gathering spaces that will enhance the community experience year-round. Beyond the 1BR layouts, Tower 2 also offers spacious 2BR residences, a single 3BR penthouse, and one ground-floor commercial unit, making this a true mixed-use destination. Tower 1 sold out completely and is already generating rental revenue for investors, proving the performance of this waterfront development. ⸻ 2 Bedroom / 2 Bath MLS Description The 2BR/2BA residences at Tower 2, Handsboro Point, deliver a balance of space, comfort, and investment flexibility. Measuring approximately 1,118 SF, these residences

1302 Magnolia Street | MLS# 4125105

This condo located at 1302 Magnolia Street, Gulfport, MS 39507 is currently listed for sale with an asking price of $258,720. This property was built in 2025 and has 1 bedrooms and 1 full baths with 840 sq. ft. Magnolia Street is located in the Metes And Bounds subdivision. Search Metes And Bounds real estate on www.vickiklein.com today.

Property Features

Property Type: Residential - Condominium
Roof Type: Concrete
Stories: 1.0
Taxes: $0
Year Built: 2025

Feature Descriptions

Days on Site: 206
Flooring: Luxury Vinyl
Lot: Views
Parcel#: Unassigned
Sewer: Public Sewer
Swimming Pool: Yes
Water: Public
Window: Double Pane Windows

Listed By / Shown By

Listed By

Agency Name: Real Broker, LLC.

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Estimated Payment

$ 651.26 per month $575.80 Principal & Interest $0.00 Property Tax (data not provided by mls) $75.46 Homeowner's Insurance

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