1010 8th Street, Port Royal, SC, 29935 | $199,999

Take advantage of this once in a lifetime opportunity to own a marina front comm/res property in the heart of Port Royal SC. Be a part of all that is and all that will become in the town this Cool, Coastal & Far from Ordinary. By building on this unique parcel of land you are insured to be in the midst of it all. Zoned T-5UC allows the new owners to build up to 4 stories tall which leaves an unlimited amount of flexibility to be creative with the space. The hard work has already begun. The foundation with pilings are currently in place, along with finished rear alley access which leads you to your very own 4 car parking area. Current owners have initiated a preliminary mock-up design as to what may become of this foundation. Build off what they started or start over with your own design. It will become an amazing structure to call your own. Parking will not be of a concern for this building as there is ample parking currently in front of the property that will eventually become on-street parking and Paris Ave is within a few steps to ensure that car and foot traffic will always be accommodated for any type of tenant that may occupy the space(s). Whether you make it into a 4 level private residence or a comm/res mixed use structure, you are guaranteed to have the most sought after views in all of Port Royal. From the stunning Sands Beach sunrises in the East, to the breathtaking Port Royal Bluff sunsets to the West, you are sure to experience all the beauty that our Port Royal Sound blesses us with each and every day.

Features

  • Amenities: Dock, Boat Landing
  • Zoning: Residential/Commercial
  • Lot Size: .05 acres
  • Development: Pt Royal
  • Water Front: Yes
  • MLS#: 183804
  • Days on Market: 281 days
  • Website: https://www.raveis.com
    /prop/183804/10108thstreet_portroyal_sc?source=qrflyer
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
Listing courtesy of The Homesfinder Realty Group   Phone: 877-229-4107

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:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
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  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

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

Paul BerriosRegional SVP, Insurance Sales Producer, William Raveis Insurance

978-337-3053

Paul.Berrios@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

1010 8th Street, Port Royal, SC, 29935

$199,999

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $159,999 $159,999 $159,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,064 $1,063 $1,349
Total Monthly Payment $1,139 $1,138 $1,424

* 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.