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3404 Palm Boulevard, Isle of Palms, SC, 29451 | $4,850,000
One of the last opportunities for developable oceanfront property on the Isle of Palms, this offering at 3404 Palm Blvd includes Lot 55/55A the ''North Lot'' at 1. 29 acres and 80 feet wide. Zoning permits up to 5, 250 heated sq ft with septic or 7, 000 heated sq ft with sewer in this location. The current owner of 3404 Palm can remove or move the existing home to the ''South Lot'' (Lot 54/54A) in the fall of this year, allowing time for permitting and design of your new oceanfront home on the northern parcel. Located on the stable middle beach of the island, 3404 Palm Blvd is situated conveniently just a mile to the Marina on the Intracoastal Waterway, as well as restaurants and the island grocery store. sle of Palms is 20 miles to Charleston International Airport, 11 miles to the Executive Airport and boasts easy access to golf courses, shopping and dining in Mount Pleasant and Historic Charleston.
Features
- Zoning: Residential
- Development: 44 - Isle of Palms
- Lot Desc: 1 - 2 Acres
- Water Front: Yes
- Elem. School: Sullivans Island
- Middle School: Moultrie
- High School: Wando
- MLS#: 25007794
- Days on Market: 44 days
- Website: https://www.raveis.com
/prop/25007794/3404palmboulevard_isleofpalms_sc?source=qrflyer
Listing courtesy of Dunes Properties of Charleston Inc
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance
978-337-3053
Paul.Berrios@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
3404 Palm Boulevard, Isle of Palms, SC, 29451
$4,850,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,880,000 | $3,880,000 | $3,880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $23,890 | $24,844 | $33,533 |
| Total Monthly Payment | $24,015 | $24,969 | $33,658 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484