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Located on a quiet street just moments from the beach, 3 5th Avenue offers a classic Isle of Palms lifestyle in one of the island's most desirable locations. Set within a highly sought-after central Isle of Palms corridor and just a short distance to the front beach along Ocean Boulevard, this property places you at the heart of everything the island has to offer. Built in 1972, this 5-bedroom, 3. 5-bath home spans approximately 2, 836 square feet offering generous space for both everyday living and entertaining. The layout features multiple living areas, well-proportioned bedrooms, and a natural flow to the home. The primary suite provides a private retreat, while additional bedrooms offer flexibility for guests, family, or a home office. Living on Isle of Palms means easy access to pristine beaches, the Isle of Palms marina, and local favorites such as The Windjammer, Acme Lowcountry Kitchen, and Islander 71. Nearby Sullivan's Island offers an additional array of acclaimed dining and boutique shopping, while historic downtown Charleston is just a short drive away. With its combination of location, scale, and potential, 3 5th Avenue represents an excellent opportunity to own in one of the Lowcountry's most coveted coastal communities.
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:
$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
| 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 | $11,991 | $12,152 | $16,877 |
| Total Monthly Payment | $12,116 | $12,277 | $17,002 |
* 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.