1302 Magnolia Street, B101, Gulfport, MS 39507 (MLS# 4125104)

1302 Magnolia Street, B101, Gulfport, MS 39507

$331,878.30

Virtual Tour

https://www.propertypanorama.com/1302-Magnolia-Street-Gulfport-MS-39507--4125104/unbranded

Property Type: Residential Bedrooms: 2 Square Footage: 1,118 Status: Active

Current Price: $331,878.30 List Date: 9/09/2025 Last Modified: 5/04/2026

Overview

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 ... (Read more) 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 feature open-concept layouts, modern kitchens, generous bedrooms, and oversized windows that bring in natural light and river views. Priced from $331,878 to $385,039 ($296-$344 per SF), these homes provide excellent value for buyers seeking a primary residence, second home, or short-term rental investment. With projected monthly rents of $3,200, the two-bedroom floor plan remains one of the most attractive options for families, couples, and extended-stay visitors along the Gulf Coast. Ownership also includes direct access to the river for boating and recreation, plus upcoming lifestyle amenities such as bocce ball courts, putting greens, and outdoor gathering spaces designed for leisure and community use. Tower 2 expands upon the proven success of Tower 1, which is sold out and already producing income for its owners. In addition to 2BR residences, buyers can choose from 1BR layouts, a single 3BR penthouse, and one ground-floor commercial unit, offering a variety of options for buyers.

Listing Details MLS# 4125104

General Property Information

Property Sub Type: Condominium
New Construction: Yes
Property Condition: Under Construction
Approx H/C SqFt: 1118
SqFt Source: Builder
List Price/SqFt: 296.85
Year Built: 2025
Year Built Source: Builder
Total Floors: Yes
Bedrooms Total: 2
Bathrooms Full: 2
Fireplace: No
Pool: Yes
Home Warranty: No
Accessibility Features: No
Pets Allowed: Yes
Garage Spaces: 0
Carport Spaces: 0
Bathrooms Half: 0
Bathrooms Three Quarter: 0

Property Features

Structure Type: Midrise 3-6 Floors Levels: One Covenants And Restrictions: Homeowner Association Association Fee Includes: Insurance; Maintenance Grounds; Pest Control; Pool Service Appliances: Built-In Electric Oven; Dishwasher; Electric Range; Refrigerator Cooling: Central Air; Electric Heating: Central; Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Sewer: Public Sewer Water Source: Public Foundation Details: Slab Listing Terms: Cash; Conventional; Other Roof: Concrete Exterior Features: Balcony; Dock Parking Features: Concrete; On Site Pool Features: Above Ground

Address and Location Information

Street Number: 1302
Street Name: Magnolia
Street Suffix: Street
County: Harrison
State: MS
Zip Code: 39507
Unit #: B101
Parcel Number: Unassigned
Subdivision: Metes And Bounds
N or S of I-10: S
N or S of CSX Railroad Track: N

Listing Information

Listing Service: Full Service
Estimated Completion Date: 2025-12-31

Tax and Financial Information

Tax Year: 2025
Homestead Y/N: No
Additional Exemptions Y/N: No
Flood Insurance Required?: No
Leasehold Y/N: No
Association: Yes
Covenants Y/N: Yes
Legal Description: to be determined
Tax Annual Amount: 0

Parking Features

Parking Total: 2
Concrete: Yes
On Site: Yes

More Information

Showing Requirements

Showing: Appointment Required

Remarks & Miscellaneous

Public Remarks: 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 feature open-concept layouts, modern kitchens, generous bedrooms, and oversized windows that bring in natural light and river views. Priced from $331,878 to $385,039 ($296-$344 per SF), these homes provide excellent value for buyers seeking a primary residence, second home, or short-term rental investment. With projected monthly rents of $3,200, the two-bedroom floor plan remains one of the most attractive options for families, couples, and extended-stay visitors along the Gulf Coast. Ownership also includes direct access to the river for boating and recreation, plus upcoming lifestyle amenities such as bocce ball courts, putting greens, and outdoor gathering spaces designed for leisure and community use. Tower 2 expands upon the proven success of Tower 1, which is sold out and already producing income for its owners. In addition to 2BR residences, buyers can choose from 1BR layouts, a single 3BR penthouse, and one ground-floor commercial unit, offering a variety of options for buyers.

Structure Type

Midrise 3-6 Floors: Yes

Covenants And Restrictions

Homeowner Association: Yes

Levels

One: Yes

Sewer

Public Sewer: Yes

Water Source

Public: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Association Fee Includes

Insurance: Yes
Maintenance Grounds: Yes
Pest Control: Yes
Pool Service: Yes

Utilities

Electricity Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Appliances

Built-In Electric Oven: Yes
Dishwasher: Yes
Electric Range: Yes
Refrigerator: Yes

Cooling

Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Foundation Details

Slab: Yes

Exterior Construction/Siding

Concrete: Yes

Roof

Concrete: Yes

Exterior Features

Balcony: Yes
Dock: Yes

Pool Features

Above Ground: Yes

Listing Office: Real Broker, LLC.

Listing Agent: Brad Jay

Last Updated: May - 04 - 2026