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Lowcountry waterfront living at its finest! Brand new construction, TOP FLOOR, 1 bed, 1. 5 bath luxury condominium located in the Magnolia Building at The Waterfront, the newest community on Daniel Island. Walking distance to shops, restaurants, parks, concerts, and community docks with access to the CareFree Boat Club and the Daniel Island Ferry - perfect for a trip to downtown Charleston. This spacious, light-filled condo is being offered FULLY FURNISHED and features an open concept floor plan and an expansive terrace. Additional features include stainless steel appliances, hardwood floors throughout the entire unit, a large walk-in closet, luxurious bathroom, and a private secure garage with one assigned parking space and storage area. Two electric car charging stations are convenientlylocated right next to the Magnolia building. In addition to the community amenities, residents of the Magnolia building have access to a private outdoor area exclusive for residents featuring a large community terrace, multiple seating areas, and a grilling station. Waterfront residents also have access to a secured storage area for bikes, paddle boards, and surfboards. This turn key unit has it all and must be seen to fully appreciate the location and the lifestyle the Waterfront offers - ideal for full-time residents, but the "lock & leave" living also offers peace of mind to homeowners who use it as a second home. Why wait for new construction when you can purchase a move-in ready luxury condo now? Exclusive amenities include heated resort style pool, pool house with outdoor fireplace and TV, state of the art fitness center, beautifully landscaped courtyard, outdoor grilling area, outdoor fire pit, secured access to building and parking garage. Regime fee covers HOA and property management, common area maintenance, flood insurance, property insurance for the building, and utilities for the unit including - water, sewer, gas, cable and internet. Regime fee also covers security, concierge services, and all Waterfront amenities.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$945,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $756,000 | $756,000 | $756,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,594 | $4,841 | $6,586 |
Total Monthly Payment | $4,686 | $4,933 | $6,678 |
* 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.