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Welcome to Folly Beach - The Edge of America!Discover this elevated 2-bedroom, 1-bath home, perfectly located just blocks from the beach and a short walk to the vibrant Center Street area. This charming home boasts an elevator, making beach access and daily life a breeze. The welcoming front screened-in porch is the perfect place to kick off your shoes and drop your beach bags after a sun-filled day. This spacious porch is perfect for small gatherings or peaceful evenings enjoying the ocean breeze. Step inside to an expansive living space that's perfect for entertaining. The open layout and soaring ceilings flood the home with natural light, creating a bright and airy atmosphere reminiscent of a modern-day treehouse. The kitchen is spacious and luxurious, designed for both function and style. It seamlessly flows to a charming porch - the perfect spot for savoring your morning coffee or evening chats. The cozy gas fireplace creates a warm, inviting ambiance, and the abundance of windows ensures every room is bathed in light. The thoughtfully designed home offers distinct spaces for relaxation and fun, making it ideal for families and friends to enjoy time together without compromising personal space. As you walk down the hall, you'll discover two spacious bedrooms and a full bathroom. The primary suite is roomy enough to add an en-suite bath, opening up endless customization possibilities. (Rendering in photos. ) The second bedroom is perfect for guests or setting up a home office, ideal for the digital nomad. A roomy laundry area, ample storage options, and an elevator to the ground level enhance the home's practicality. Outside, the gravel lot is primed for entertaining or leisurely outdoor enjoyment. Imagine a fire pit, grilling area, or perhaps transforming it into a personal outdoor spa with a jacuzzi, barrel sauna, or cold plunge. With parking for four - two spots under the house and additional space for a golf cart - convenience is at your doorstep. Just a five-minute walk to the beach access and a short stroll, golf cart ride, or bike journey takes you to the heart of Folly Beach and its lively attractions. This home offers a unique opportunity to live the Folly Beach lifestylewhere you can start your day with a dip in the ocean and end it with a breathtaking sunset. Come see what makes this home and this community so special. Schedule your showing today!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $948,000 | $948,000 | $948,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,914 | $6,070 | $8,258 |
Total Monthly Payment | $6,039 | $6,195 | $8,383 |
* 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.