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For sale
  • Price cut: $4.5K (5/19)
    $354,500

    42 S Forest Beach Dr APT 3224, Hilton Head Island, SC 29928

    1beds
    700sqft
    : 
    $2,580/mo
    Get pre-qualified
    Condominium
    Built in 1972
    -- sqft lot
    $340,800 Zestimate®
    $506/sqft
    $473/mo HOA

    What's special

    Brand-new king mattressUpdated kitchenFully remodeledStainless steel appliancesClean modern coastal designSpacious bedroomIn-unit washer and dryer
    Turnkey Coastal Investment Opportunity + Proven Income Producer on Hilton Head Island. Positioned in one of Hilton Head Island's most desirable short-term rental corridors, this fully renovated second-floor Seascape Villa offers a rare combination of immediate cash flow potential and long-term asset appreciation. This light-filled, turnkey property has been thoughtfully upgraded to meet today's rental guest expectations, featuring durable luxury vinyl plank flooring, smooth ceilings, and a clean, modern coastal design that minimizes ongoing maintenance while maximizing appeal. The updated kitchen includes granite countertops, stainless steel appliances, and refreshed cabinetry-delivering both style and functionality for consistent guest satisfaction. The open-concept living area flows seamlessly to a private covered balcony overlooking a peaceful lagoon-an in-demand feature that enhances rental desirability and guest experience. Recently painted and sealed, this outdoor space provides an additional value component with minimal upkeep required. The spacious bedroom includes a brand-new king mattress, while the fully renovated bathroom offers a high-end, spa-like feel that supports premium rental positioning. Being sold fully furnished and equipped-including in-unit washer and dryer-this property is truly rental-ready from day one. Strong historical short-term rental performance is already established, with detailed income, maintenance, and improvement records available upon request for serious buyers.As an added value component, two beach cruiser bicycles will convey with the sale-an attractive amenity for guests that can enhance rental appeal and overall guest experience. Ownership includes access to two pools and a private beachfront cabana with restrooms and foot-wash stations-an uncommon amenity that enhances both occupancy rates and guest retention. Strategically located: Approximately 600 steps to beach access. Roughly 1,000 steps to Coligny Plaza. Minutes to Celebration Park, dining, tennis, and entertainment. Fully remodeled. Low-maintenance. Income-producing.Whether you are expanding your portfolio, seeking a 1031 exchange opportunity, or looking for a hybrid personal-use investment, this property delivers strong fundamentals in a high-demand market. Opportunities with this level of turnkey condition and proven performance are limited. Schedule your showing and request financials today.
    178 days
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    397
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    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    James Couture 706-294-2509,

    EXP Realty LLC

    Source: REsides, Inc.,MLS#: 503781MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Stove
      Features
      • Fireplace
      • Flooring: Ceramic Tile, Luxury Vinyl, Luxury VinylPlank
      • Windows: Other
      • Furnished: Yes
      Interior area
      • Total interior livable area: 700 sqft

      Property

      Parking
      • Parking features: Unassigned
      Features
      • Stories: 2
      • Patio & porch: Balcony, Patio
      • Exterior features: Balcony
      • Pool features: Community
      • Has view: Yes
      • View description: Lagoon
      • Has water view: Yes
      • Water view: Lagoon
      Details
      • Parcel number: R553018000067F3224
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Two Story
      • Property subtype: Condominium
      Materials
      • Stucco
      Condition
      • Year built: 1972

      Utilities & green energy

      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: Seascape Villas
      HOA
      • Amenities included: Pool, Cable TV
      • HOA fee: $473 monthly
      Location
      • Region: Hilton Head Island

      Financial & listing details

      • Price per square foot: $506/sqft
      • Tax assessed value: $292,700
      • Annual tax amount: $4,364
      • Date on market: 2/13/2026
      • Listing terms: Cash,Conventional,1031 Exchange,FHA

        Estimated market value

        $340,800

        $324,000 - $358,000

        $2,262/mo

        Price history

        DateEventPrice
        5/19/2026Price change$354,500-1.3%$506/sqft
        Source: REsides, Inc. #503781 Report a problem
        2/13/2026Listed for sale$359,000+17.7%$513/sqft
        Source: REsides, Inc. #503781 Report a problem
        7/7/2024Listing removed--
        Source: REsides, Inc. #425824 Report a problem
        7/15/2022Sold$305,000-4.4%$436/sqft
        Source: Public Record Report a problem
        6/27/2022Pending sale$319,000$456/sqft
        Source: REsides, Inc. #425824 Report a problem
        6/22/2022Contingent$319,000$456/sqft
        Source: REsides, Inc. #425824 Report a problem
        6/1/2022Listed for sale$319,000+11.9%$456/sqft
        Source: REsides, Inc. #425824 Report a problem
        1/24/2022Listing removed--
        Source: REsides, Inc. #422004 Report a problem
        1/21/2022Listed for sale$285,000+47.7%$407/sqft
        Source: REsides, Inc. #422004 Report a problem
        7/20/2020Sold$193,000-0.3%$276/sqft
        Source: Public Record Report a problem
        6/20/2020Pending sale$193,500$276/sqft
        Source: Premier Properties of Hilton Head Island #399767 Report a problem
        6/8/2020Listed for sale$193,500+2.4%$276/sqft
        Source: Premier Properties of Hilton Head Island #399767 Report a problem
        4/24/2020Listing removed$189,000$270/sqft
        Source: Premier Properties of Hilton Head Island #399767 Report a problem
        4/23/2020Listed for sale$189,000+148.7%$270/sqft
        Source: Premier Properties of Hilton Head Island #399767 Report a problem
        2/16/2001Sold$76,000$109/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,364 +0.3%$17,560
        2023$4,350 +43.2%$17,560 +51.6%
        2022$3,038 -0.3%$11,580
        2021$3,046 $11,580 +138.8%
        2020-- $4,850
        2019$1,213 +5.1%$4,850
        2018$1,154 +27.3%$4,850 +14.9%
        2017$906 $4,220
        2016$906 $4,220
        2015$906 $4,220
        2014$906 $4,220
        2013$906 $4,220
        2010$906 +2.7%--
        2009$883 +3.2%--
        2008$855 +4.1%$4,170
        2007$821 +17.2%$4,170
        2005$700 -3.8%$4,170
        2004$729 +0.6%$4,170 +37.4%
        2003$724 $3,036
        2001-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Forest Beach

        Getting around

        21 / 100
        Car-Dependent
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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