$650,000
$689,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
1,195 SqFt
SOLD DATE : 03/13/2024
Key Details
Sold Price $650,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,195 sqft
Price per Sqft $543
Subdivision Whitaker Place
MLS Listing ID 7295113
Sold Date 03/13/24
Style Mid-Rise (up to 5 stories),Other
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $634
HOA Y/N Yes
Originating Board First Multiple Listing Service
Year Built 1890
Annual Tax Amount $4,475
Tax Year 2022
Lot Size 435 Sqft
Acres 0.01
Property Description
Experience a slice of history with this exceptional 5-star short-term vacation rental. Nestled in the heart of Savannah's Historic Landmark District, this stunning 1195 sq ft flat, a true relic from 1890, is a rare gem. Just a stone's throw away from the river, this imaginative condo at 105 Whitaker Street is a turnkey investment opportunity, fully furnished and currently operating as a highly successful Short-Term Vacation Rental (STVR).
Unit 304, situated on the top floor, boasts soaring ceilings and an abundance of natural light that floods the space throughout. The well-appointed kitchen features granite countertops, a tasteful tiled backsplash, ample storage, stainless steel appliances, and an owner's closet with a secure keypad lock. Warm and inviting wallpaper accents lend personality and character to the generously proportioned great room, which has been thoughtfully and professionally furnished.
This condo has been meticulously outfitted with modern amenities, including a smart thermostat, two smart televisions, and a high-speed Wi-Fi router, ensuring your guests' comfort and convenience. The flexible layout allows for the potential addition of another bedroom and/or bathroom to further maximize its appeal.
Exuding the vibrant charm of Savannah within a STVR-friendly building, this condo represents an investment opportunity of unparalleled value. Notably, it is one of the select few developments that permit Short-Term Vacation Rentals. The current Super Host status listing, along with all reservations, will seamlessly transfer to the new owner, making for a seamless transition. With an impressive average occupancy rate of over 70% in most recent months, you can expect a lucrative return on your investment.
Street access to the condo is secure, requiring a door code for entry via the street-level private foyer, which serves the eight residential units. An exclusive elevator and private stairwell provide direct access to the unit. Additionally, the seller has already covered the updating of the elevator assessment fees. Elevator updates are scheduled to be completed in the coming months. The sale includes all furnishings, along with brand-new stove, microwave, washer, dryer, smart TVs, smart temperature controls, Kwickset smart door locks, and more, ensuring that this property is ready for immediate enjoyment and continued success. Don't miss your chance to own a piece of history and a thriving STVR in one of Savannah's most coveted locations.
Location
State GA
County Chatham
Lake Name None
Rooms
Bedroom Description Master on Main,Oversized Master
Other Rooms None
Basement None
Main Level Bedrooms 1
Dining Room Open Concept
Interior
Interior Features Entrance Foyer, High Ceilings 10 ft Main, High Speed Internet, Other
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Ceramic Tile, Hardwood, Laminate, Stone
Fireplaces Type None
Window Features Wood Frames
Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Microwave, Range Hood, Refrigerator, Washer
Laundry In Hall, Main Level
Exterior
Exterior Feature Awning(s), Lighting, Private Front Entry
Garage On Street
Fence None
Pool None
Community Features Homeowners Assoc, Near Schools, Near Shopping, Other
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View City
Roof Type Concrete,Other
Street Surface Concrete,Paved
Accessibility Common Area, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Grip-Accessible Features, Accessible Hallway(s), Accessible Kitchen
Handicap Access Common Area, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible Entrance, Grip-Accessible Features, Accessible Hallway(s), Accessible Kitchen
Porch None
Parking Type On Street
Private Pool false
Building
Lot Description Corner Lot, Level, Zero Lot Line
Story Three Or More
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Architectural Style Mid-Rise (up to 5 stories), Other
Level or Stories Three Or More
Structure Type Block,Stone,Stucco
New Construction No
Construction Status Resale
Schools
Elementary Schools Andrea B Williams
Middle Schools Hubert
High Schools Chatham - Other
Others
HOA Fee Include Maintenance Structure,Maintenance Grounds,Pest Control,Reserve Fund,Sewer,Trash,Water
Senior Community no
Restrictions false
Tax ID 20004 43041
Ownership Condominium
Acceptable Financing 1031 Exchange, Cash
Listing Terms 1031 Exchange, Cash
Financing no
Special Listing Condition None
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Bought with Non FMLS Member
