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Nestled amidst the natural beauty of exclusive Ocean Pointe, 1111 Ocean Forest is a 1. 27-acre homesite that offers an opportunity to create a custom residence that reflects your vision of luxury and elegance with the potential for ocean and marsh views. The corner homesite is ideal for nature enthusiasts, as you have two nature trails steps away. One trail is a 1/2 mile boardwalk through wax myrtle covered dunes and along the marsh, connecting to a beach access boardwalk. The other crosses old dunes towards a lookout point with a panoramic view of the marsh and Cap'n Sams Creek. The property owner's pool and North Beach access boardwalk are only a short walk away. Tree and Topo Survey available. Seabrook Island residents enjoy an unparalleled lifestyle in a tranquil, private, oceanfront community that blends natural beauty with world-class amenities and top-tier security. Here, you'll experience a life filled with abundant social, recreational, and sporting opportunities. Among the many highlights are two renowned championship golf courses: Ocean Winds, designed by Willard Byrd, and Crooked Oaks, created by Robert Trent Jones, Sr. The island also boasts a state-of-the-art tennis center, pickleball courts, a full-service equestrian center, a comprehensive fitness and aquatics complex, and miles of pristine, unspoiled beaches. For dining, residents can indulge in a variety of seasonal indoor and outdoor restaurants, perfect for everything from casual lunches to elegant private events of any size. Conveniently located on Seabrook Island are both Freshfields Village and Bohicket Marina. Nestled between Seabrook and Kiawah Islands, Freshfields Village is a charming hub for upscale shopping, casual and fine dining, and family-friendly outdoor events. Bohicket Marina, a full-service facility, offers 200 wet slips, 114 dry storage slips, a delightful market, and an array of delightful restaurants and boutique shops. Whether you're looking to unwind or stay active, Seabrook Island offers the perfect blend of serenity, luxury, and adventure. Contribution to capital within P. U. D. upon the initial sale and resale is 1/2 of 1% of the sale price. Buyer responsible for a $250 transfer fee at closing. Purchase also requires membership to the Seabrook Island Club.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,028,000 | $1,028,000 | $1,028,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,246 | $6,498 | $8,884 |
Total Monthly Payment | $6,371 | $6,623 | $9,009 |
* 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.