Under contract-accepting backup offers. Attention boaters! Here is your chance to own one of the most coveted waterfront properties on the Isle of Palms in Treasure Island. Nestled on . 26 acres of prime real estate this sprawling waterfront lot (166ft) offers breathtaking views and direct access to Boca Ceiga Bay and the Gulf. A BRAND NEW sea wall and dock were installed just a few months ago! The dock was completely redesigned and expanded in 2024 made of Wear Deck composite and extra wide for ease and entertaining. The dock comes with 2 lifts - a brand new Neptune with 16, 000lb capacity, a ski jet lift AND a place to launch your kayak. The existing home has sustained significant damage from Helene and Milton and so being sold AS IS, with no warranties - cash offers only. While the structure needs considerable repairs or potential replacement, the land itself remains an exceptional canvas for your dream home. Located just off Gulf Blvd on Treasure Island, it is less than a 5 minute drive to the beach, restaurants and shopping.
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:
Our Insurance Division:
$1,950,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,560,000 | $1,560,000 | $1,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $1,109 | $1,109 | $1,109 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,118 | $9,989 | $13,697 |
Total Monthly Payment | $11,352 | $11,223 | $14,931 |
* 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.