This property is a full tear-down, offering a prime assemblage opportunity with adjacent parcel(s), including MLS #25015082 (Active). Situated in a high-demand area, the site benefits from its proximity to commercial buildings and office spaces, including Carolina One corporate office, as seen in the provided photos. This parcel presents a strong infill opportunity with adjacency to 0 St. Thomas Dr. and in front of a 10-acre tract currently under contract--indicating active development interest nearby. Zoned for single-family development and located in a high-demand submarket, the property is ideal for a builder, investor, or end user seeking long-term upside in one of the region's fastest-growing residential corridors.
1088 Saint Thomas Island Drive, Charleston, SC, 29492
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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