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Attention developers and investors! Unlock the potential of 8. 7 acres in one of the fastest-growing corridors just outside of Mount Pleasant. Zoned for approximately 2 homes per acre (potential for 17+ lots); however, the Town of Awendaw currently has a temporary moratorium limiting subdivisions to 5 lots. Buyer to verify future subdivision potential. ideal for builders, developers, or investors looking to capitalize on the area's continued expansion. Located just 10 minutes from Mount Pleasant, this site offers the perfect blend of privacy and accessibility, with strong demand pushing growth north along the Hwy 17 corridor. Even better, Bulls Bay Golf Club is just 5 minutes away, adding to the appeal for future homeowners seeking a lifestyle-driven community. Surrounding new construction communities are achieving sales prices ranging from $600, 000 to $1, 200, 000, supporting strong exit values and attractive margins for a well-executed project. With large-acreage opportunities becoming increasingly scarce in this path of progress, 5176 Seewee Road represents a rare chance to secure a high-upside development site in a rapidly appreciating area. Developers and investors--this is your opportunity.
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:
$2,250,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.368% | 6.385% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,792 | $11,083 | $15,189 |
| Total Monthly Payment | $10,917 | $11,208 | $15,314 |
* 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.