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Welcome to 0 Burton Street, a vacant land opportunity located in the rapidly growing North Charleston market just minutes from the former Charleston Naval Base redevelopment area. This 0. 02-acre parcel offers potential for investors, land bankers, or neighboring property owners looking to secure a position in one of the Charleston region's most active redevelopment corridors. Surrounded by other vacant parcels, the property may serve as a strategic piece for future assemblage opportunities as redevelopment and infrastructure investment continue expanding throughout the area. While the lot is small and may require additional adjacent parcels for future development, its location places it near ongoing residential, commercial, and mixed-use growth tied to the Navy Yard transformation. North Charleston continues to experience strong long-term growth driven by major employers, new development projects, and continued investment throughout the Charleston metro area. Opportunities to acquire affordable land in developing areas near the Navy Yard and Park Circle corridor are becoming increasingly limited. Whether you are looking for a long-term hold, speculative investment, or potential assemblage play, 0 Burton Street offers an entry point into one of the Lowcountry's evolving redevelopment markets.
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:
$29,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $23,200 | $23,200 | $23,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $134 | $149 | $193 |
| Total Monthly Payment | $209 | $224 | $268 |
* 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.