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Presented by
Hailey Kendall |
904 Ocean Boulevard, Isle of Palms, SC, 29451 | $7,880,000
Casa Margarita is a premier oceanfront estate featuring 10 bedrooms and 11. 5 bathrooms, comfortably accommodating up to 22 guests. With rental income potential exceeding $800, 000 and a rare, grandfathered license for 22 occupants, this property stands among the top-performing rental homes on the island. Perfectly positioned on the oceanfront, Casa Margarita offers breathtaking sunrise views over the Atlantic and an exceptional array of upscale amenities. Enjoy a private pool with attached kiddie pool, above-ground hot tub, expansive outdoor living space, and a private elevator servicing the main living levels. The home has been thoughtfully enhanced with newly renovated bathrooms and updated fixtures throughout, elevating both style and functionality. The gourmet double kitchen is designed for entertaining at scale, featuring two sets of Sub-Zero refrigerator/freezers, double appliances, and ample workspace for multiple chefs. The first living floor hosts six spacious king suites, each featuring private bathrooms, walk-in showers, TVs, ocean views, and direct porch access. The main living level is designed for gathering and entertaining, with generous seating, a large flat-screen TV, and seamless flow into the chef's kitchen. The oceanfront dining area and dual porches provide the perfect setting for meals, dolphin watching, or relaxing in the coastal breeze. This level also includes a billiards room and two additional king suites, each with private baths. A spiral staircase leads to the top level, where you'll find two more bedrooms--one with two queen beds and one king suite--along with an additional living area showcasing panoramic ocean views. With its distinctive themed rooms, strong repeat rental history, extensive upgrades, and unmatched capacity, Casa Margarita delivers an exceptional opportunity for both investment and coastal enjoyment.
Features
- Bedrooms: 10
- Baths: 11 full / 1 half
- Style: Traditional
- Development: 44 - Isle of Palms
- Year Built: 1992
- Garage: 5-car
- Heating: Electric, Forced Air
- Cooling: Central Air
- Approx Sq. Feet: 4,910
- Acreage: 0.62
- Lot Desc: .5 - 1 Acre, Ocean View
- Water Front: Yes
- Elem. School: Sullivans Island
- Middle School: Moultrie
- High School: Wando
- Pool: In Ground
- MLS#: 26009589
- Days on Market: 56 days
- Website: https://www.raveis.com
/eprop/26009589/904oceanboulevard_isleofpalms_sc?source=qrflyer
William Raveis Family of Services
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.
Hailey KendallBroker Associate
727.902.6595
Hailey.Kendall@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
904 Ocean Boulevard, Isle of Palms, SC, 29451
$7,880,000
Hailey Kendall
Broker Associate
William Raveis Real Estate
Phone: 727.902.6595
Hailey.Kendall@raveis.com
Melissa Cohn
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 | $6,304,000 | $6,304,000 | $6,304,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $37,796 | $38,304 | $53,197 |
| Total Monthly Payment | $37,921 | $38,429 | $53,322 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484