Discover coastal living at its finest with this beautifully updated one-story duplex, perfectly situated in the heart of Treasure Island's desirable Isle of Palms community. This property features two thoughtfully designed units, each offering 2 bedrooms and 1 bathroom, ideal for those seeking a versatile investment or personal beachside retreat. The duplex boasts spacious driveway parking, accommodating up to two vehicles for each unit, and includes a shared laundry room with a stacked washer and dryer conveniently located at the rear of the building. Just a short 5-minute walk brings you to the pristine sands of Treasure Island Beach, while an array of shops and restaurants are within an easy 10-minute stroll. Renovated inside and out just four years ago, this property includes NEW hurricane impact windows and doors, water heaters, AC units, electric panels and more. . . all installed in 2020! A BRAND-NEW DIMENSIONAL SHINGLE ROOF was put on in August 2024, ensuring modern comfort and durability for the long-term. This is a rare opportunity to own a strong income-producing property in one of Florida’s most sought-after beach communities!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $579,600 | $579,600 | $579,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $508 | $508 | $508 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,759 | $3,711 | $4,813 |
Total Monthly Payment | $4,359 | $4,311 | $5,413 |
* 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.