1 Ocean Lane, #1403, Hilton Head Island, SC, 29928 | $1,129,500

Views, views, views! Incredible opportunity to own a 4th floor 2 BR | 2 BA Villamare oceanfront condo in Palmetto Dunes. With its desirable location, this unit captures breathtaking ocean views from each room w/ multiple balconies offering Southern Exposure. Onsite fitness center w/ gym, sauna & indoor heated pool, lagoons, protected parking, elevators & totally redesigned outdoor pool area incl. enhanced family pool, lavish new adult-only pool, hot tub, firepit & paved boardwalk! Steps to 3 miles of beach & access to PD amenities. Don’t miss the chance to design the oceanfront condo of your dreams, this view is a must-see!

Features

  • Parking: Underground,Unassigned
  • Heating: Central,Electric,Heat Pump
  • Cooling: Central Air,Electric,Heat Pump
  • Amenities: Elevator(s),Fitness Center,Pool,Guard,Tennis Court(s)
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: VILLAMARE VILLAS
  • Development: Palmetto Dunes/Shelter Cove
  • Year Built: 1986
  • Approx Sq. Feet: 1,232
  • Lot Desc: Waterfront
  • View: Ocean,Pool
  • Pet Policy: Owner Only
  • Appliances: Dryer,Dishwasher,Disposal,Range,Refrigerator,Washer
  • MLS#: 444277
  • Website: https://www.raveis.com
    /prop/444277/1oceanlane_hiltonheadisland_sc?source=qrflyer
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Listing courtesy of Schembra Real Estate Group   Phone: 843-785-2452

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

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To learn more about our credentials, visit raveis.com today.

Whitney RuggVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 7654

401.474.4879

Whitney.Rugg@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Yokadi MejiaInsurance Sales Director, William Raveis Insurance

561.335.7966

Yokadi.Mejia@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1 Ocean Lane, #1403, Hilton Head Island, SC, 29928

$1,129,500

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Whitney Rugg

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 401.474.4879

Whitney.Rugg@raveis.com

NMLS Mortgage Loan Originator ID 7654

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $903,600 $903,600 $903,600
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.282% 6.762% 6.850%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,786 $5,786 $7,934
Total Monthly Payment $5,911 $5,911 $8,059

* 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.