1302 Magnolia Street, Gulfport, MS 39507
Local realty services provided by:Better Homes and Gardens Real Estate Traditions
Listed by: brad jay
Office: real broker, llc.
MLS#:4125104
Source:MS_UNITED
Price summary
- Price:$331,878.3
- Price per sq. ft.:$296.85
About this home
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.
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Home facts
- Year built:2025
- Listing ID #:4125104
- Added:67 day(s) ago
- Updated:November 15, 2025 at 06:13 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,118 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Year built:2025
- Building area:1,118 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$331,878.3
- Price per sq. ft.:$296.85
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