|
Welcome to 1522 Old Shell Rd, a truly unique opportunity in the heart of Port Royal. This property is currently operating as a successful SHORT TERM RENTAL, with a permit in hand and ready for its next owner. When marketed correctly, this home has the potential to generate $40, 000+ annually, making it an ideal investment, second home, or personal retreat with income upside.
This thoughtfully designed home offers 3 bedrooms and 2. 5 bathrooms, with recently updated bathrooms and an updated kitchen that blend style and functionality. The spacious primary suite serves as a private retreat and features its own balcony—perfect for morning coffee or unwinding with an evening cocktail while enjoying the views. Adding to the appeal is the peace of mind that comes with a new roof and a new HVAC system, allowing the next owner to step right in and enjoy the property without major upcoming expenses.
One of the standout features of this home is its unbeatable location. The Town of Port Royal offers an incredible coastal lifestyle, all within walking, biking, or golf-cart distance. Spend your days at The Sands Beach, explore the scenic Cypress Wetlands, or choose from 10 local restaurants and a brewery just minutes from your front door.
Whether you're looking for a turnkey short-term rental, a coastal getaway, or a combination of both, this home presents a rare opportunity to own a true piece of heaven in Port Royal.
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
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:
$439,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $351,920 | $351,920 | $351,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.431% | 5.668% |
| Monthly Tax Payment | $109 | $109 | $109 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,082 | $2,167 | $2,852 |
| Total Monthly Payment | $2,266 | $2,351 | $3,036 |
* 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.