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100 Mariners Cay Drive, Folly Beach, SC, 29439 | $550,000
REDUCED $25K and ready to SELL. Welcome to this beautifully situated condo in the sought-after, gated community of Mariner's Cay! Nestled alongside the breathtaking marshlands and offering stunning sunsets that will captivate you, this residence provides the perfect blend of nature and luxury living. Just minutes from Folly Beach, you can enjoy coastal living at its finest, with the added convenience of being a short drive from the vibrant historic charm of downtown Charleston. This spacious condo boasts an open-concept living area and there is the possibility of a THIRD BEDROOM. Soak in the sun or relax and enjoy the serene marsh and river views from your private balcony. The well-appointed kitchen is perfect for entertaining, while the bedrooms offera peaceful retreat after a day spent enjoying the nearby beaches or exploring the city. As part of the Mariner's Cay community, you'll have access to top-notch amenities, including a sparkling pool, tennis courts, and boat docking options. The beautifully landscaped grounds are perfect for leisurely walks, and the gated entry ensures privacy and security. Whether you're looking for a permanent residence, a vacation home, or an investment property, this condo offers it all. Enjoy the best of Charleston living - scenic views, modern amenities, and easy access to both the beach and city life! Please note: Some photos in this listing have been virtually staged to help visualize the potential of the space. These images are intended for inspiration only.
Features
- Parking: Off Street
- Heating: Electric
- Cooling: Central Air
- Amenities: Dock Facilities, Elevators, Gated, Lawn Maint Incl, Pool, Tennis Court(s), Trash
- Bedrooms: 2
- Baths: 2 full
- Complex: Mariners Cay
- Development: 22 - Folly Beach to Battery Island
- Year Built: 1984
- Approx Sq. Feet: 1,100
- Water Front: Yes
- Elem. School: James Island
- Middle School: Camp Road
- High School: James Island Charter
- MLS#: 24021017
- Days on Market: 245 days
- Website: https://www.raveis.com
/prop/24021017/100marinerscaydrive_follybeach_sc?source=qrflyer
Listing courtesy of Carolina One Real Estate
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
100 Mariners Cay Drive, Folly Beach, SC, 29439
$550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,745 | $2,890 | $3,683 |
| Total Monthly Payment | $2,837 | $2,982 | $3,775 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484