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Discover coastal living at its finest in this desirable end-unit condo, perched at the top of the established and scenic riverfront community of Mariners Cay. This spacious three-bedroom, two-bath home offers a perfect blend of comfort, style, and serene natural beauty--all just steps from the golden sands of Folly Beach. Wake up to breathtaking views of the Folly River, marina, and community dock from your private, light-filled sunroom. Start your day sipping coffee as you watch boats drift by and dolphins play in the calm current. Inside, the open and airy floor plan is tailor-made for relaxed coastal living. The updated kitchen flows seamlessly into the dining area and generous living room--ideal for entertaining guests after a day on the beach or simply unwinding in style. Beautiful new oak bridle hardwood flooring adds a touch of casual elegance and sophistication to the living area and primary bedroom, blending durability with style for effortless coastal maintenance. The spacious primary suite also enjoys direct access to the sunroom, allowing you to wake up every morning bathed in natural light and surrounded by river views. Two additional bedrooms provide ample space for family, guests, or even a cozy home office, all thoughtfully laid out for privacy and comfort. Mariners Cay offers a host of resort-style amenities, including a sparkling riverside pool, tennis courts, and a clubhouse. . . all set against the backdrop of swaying palms and coastal breezes. Kayak, paddleboard, or fish right from the community dock, or simply lounge poolside while watching the sunset paint the sky with brilliant colors. Best of all, Folly Beach's laid-back charm is just a short stroll away. Explore eclectic shops, savor fresh seafood at waterfront restaurants, catch some waves, or enjoy live music on a warm summer evening, all part of everyday life when you call this beautiful property home. Whether you're searching for a full-time residence, a vacation getaway, or a lucrative investment opportunity, this rare three-bedroom riverfront condo is your perfect slice of Lowcountry paradise.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,160 | $3,285 | $4,186 |
Total Monthly Payment | $3,252 | $3,377 | $4,278 |
* 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.