Great NEW Price! The Seller will provide financing for an acceptable offer and subject to approval. Beautiful 3-bedroom 2 bath, waterfront midcentury modern retreat in the city of Treasure Island’s best Isle of Palms location. When you make this your home, each day will be filled with breathtaking panoramic views of the open water and pool. The pristine "Sunshine Beach" of Treasure Island are conveniently just blocks away. The home is secluded perfectly on TI's 4th Street finger canal where there is good and wide water for boating and views. From the moment you drive into the 4th Street cul de sac and park in the paver driveway you’ll know this is the one! It’s instantly recognizable once inside that the home had a major renovation and update throughout (2009). The owners kept and restored the elegant white terrazzo which flows through to the expansive open living kitchen Florida room design. As well as the NEW ROOF being installed before closing. The gorgeous and functional kitchen has high end cabinets with premium level granite, travertine tile, and stainless appliances. Entertaining family and guests here will be a dream. The master bedroom and en suite bathroom are gracefully secluded down the hall and overlook the rear outdoor living area and water. Two 2 secondary bedrooms and a bathroom are on the front area of the home. The main living areas and master bedroom view your own outdoor living space. This space is luxuriously designed with pool and paver decking along with the most captivating panoramic waterfront views. On many days you will love seeing the manatees and dolphins from the fantastic spiral staircase and amazing elevated deck overlooking the pool and outdoor living area! Enjoy the beautiful sunset from westward looking rear view. Once on the canal you can quickly enjoy being on and in the water from your durable composite deck and jet ski lift which are fully outfitted with electricity and fresh water. From the Isle of Palms you will also be able to enjoy the community park and dog park. Located near everything - a variety of great restaurants and fabulous shops, this is an opportunity you don't want to miss. Seller finance terms will include a Buyer down payment of $600, 000. Financing is subject to buyer's creditworthiness and financial situation satisfactory to the Seller.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,349,900
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 | $1,079,920 | $1,079,920 | $1,079,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $956 | $956 | $956 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,367 | $7,094 | $9,631 |
Total Monthly Payment | $8,448 | $8,175 | $10,712 |
* 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.