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New Construction Beach Home - Steps from Edisto Beach & Rental Ready! Just one street back from the sands of Edisto Beach, this brand-new elevated coastal retreat is packed with style, space, and strong rental income potential. Whether you're looking for a second home, full-time residence, or a high-performing vacation rental, this 5-bedroom, 4. 5-bathroom home checks every box. Enjoy coastal breezes and sunset views from double front balconies, perfect for relaxing after a day on the beach. Inside, luxury finishes abound: LVP flooring throughout, quartz countertops and vanities, craftsman-style trim, and tile surround showers offer the durability and elegance today's renters and homeowners crave. The chef's kitchen is outfitted with LP gas for the stove, while black-trim windows and vertical board and batten siding create bold curb appeal. With double primary suites one on each floor this layout is ideal for multi-family stays, maximizing comfort and privacy for guests. A huge attic space adds valuable storage or future expansion potential. The property also backs up to a scenic walking and biking trail, giving you direct access to nature and a quieter setting just moments from the beach. Don't miss this rare opportunity to own a high-demand rental property or primary residence in one of the Lowcountry's most beloved coastal communities. Ask about projected rental income and book your tour before it's gone! Use preferred lender to buy this home and receive an incentive towards your closing costs!
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.
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Our Executive Mortgage Banker:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,625 | $6,805 | $9,451 |
| Total Monthly Payment | $6,750 | $6,930 | $9,576 |
* 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.