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Experience relaxed Lowcountry living in the highly sought-after Mariners Cay community on Folly Beach, where coastal charm, waterfront scenery, and resort-style amenities come together just minutes from downtown Charleston. This beautifully positioned condo offers the perfect blend of comfort and convenience with spacious living areas, abundant natural light, and inviting indoor-outdoor spaces designed to capture the coastal breeze. Located within the gated waterfront community of Mariners Cay, residents enjoy access to a marina, community pool, tennis and pickle ball courts, kayak and paddle board storage, and beautifully maintained grounds surrounded by tidal creeks and the Folly River. Mariners Cay condos are known for their waterfront setting, marina access, and proximity to bothFolly Beach and Downtown Charleston. The open-concept layout creates an easy flow for entertaining and everyday living with first level porch access to bring in peaceful setting overlooking the Folly River and sunset views that make Mariners Cay so desirable. Perfectly positioned just minutes from the heart of Folly Beach, this property places you near the island's best attractions -- from surfing, fishing, and boating to the vibrant restaurants, live music, boutique shopping, and laid-back "no shoes, no shirt, no problem" atmosphere along Center Street. Spend your mornings on the beach, afternoons watching dolphins in the Folly River, and evenings enjoying unforgettable Low country sunsets.
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:
$525,000
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 | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,515 | $2,620 | $3,460 |
| Total Monthly Payment | $2,607 | $2,712 | $3,552 |
* 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.