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Updated Oceanfront Villa with Spectacular Views and Direct Beach Access!Welcome to your coastal escape! This beautifully updated lower-level oceanfront villa offers breathtaking views of both the Atlantic Ocean and the North Edisto River, with a convenient beach access boardwalk just steps from your back door. Watch the trawling shrimp boats from your covered rear deck--the perfect spot to unwind or entertain. This turn-key getaway features a modern coastal design with granite countertops, luxury vinyl plank flooring, and fully updated bathrooms including sleek tiled showers. The galley kitchen is fully equipped for your culinary adventures, and the open-concept living/dining area provides a cozy, welcoming space to relax after a day at the beach. The floor plan includes: aspacious bedroom with ensuite bath, a full guest bathroom and a covered deck with serene water views. Other highlights include: updated HVAC and water heater (2024) and a new sliding glass door for seamless indoor-outdoor living. Currently a successful vacation rental through VRBO, this condo comes fully furnished (excluding personal items) and is ready to generate income or become your very own island retreat. Just a short walk to Club amenities, it's ideal for a second home, full-time residence, or investment property. Whether you're sipping your morning coffee on the deck or enjoying a sunset stroll on the beach, this villa delivers the ultimate Lowcountry lifestyle. Don't miss this opportunity to own a slice of paradise! New Pelican Watch owners must pay a one-time $300 capital contribution to the regime at closing. Residents of Seabrook Island enjoy living in a serene, natural, private ocean-side community with ultimate security, world-class amenities and a life of social and sporting abundance. Amenities include two championship golf courses- Willard Byrd designed Ocean Winds and Robert Trent Jones, Sr. designed Crooked Oaks-, a tournament grade tennis center, pickle ball courts, full-service equestrian center, fitness and aquatics complex, long unspoiled beaches, a seasonal variety of indoor and outdoor dining venues for lunch, dinner and your own private events of any size. Also located on the island proper are Freshfields Village and Bohicket Marina. Located between Seabrook Island and Kiawah Island, Freshfields Village is an impressive spot for shopping, fine and casual dining, convenient services and family-friendly outdoor events. Bohicket Marina is a full-service marina with 200 wet slips, 114 dry storage slips, a quaint market and wonderful restaurants and shops. 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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $439,200 | $439,200 | $439,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.906% | 7.025% | 6.026% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,669 | $2,885 | $3,647 |
Total Monthly Payment | $2,761 | $2,977 | $3,739 |
* 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.