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Property Description
Rare development opportunity featuring nearly 9 acres of high-demand land located just a couple of blocks from the local boat landing, with potential views of the Copahee Sound. As the only remaining property in the area zoned R4 that is completely excluded from the new Ten Mile Overlay Zoning District and exempted from the 2-year building moratorium, this parcel offers an unmatched timeline and total flexibility for immediate project planning. THE RESIDENCE ON THE PROPERTY IS OCCUPIED. NO WALKING ON THE PROPERTY WITHOUT A CONFIRMED APPOINTMENT PLEASE. This opportunity is ideal for a premium residential retreat or a high-end custom build community designed to capture coastal breezes, sound views, and instant access to the water. The location maintains quick access to Highway 17, theupscale shopping and dining of North Mount Pleasant, and is a short drive to downtown Charleston and the Isle of Palms. The property is situated within a highly desirable school district, currently zoned for award-winning schools: Carolina Park Elementary, Cario Middle School, and Wando High School. Public water and sewer are already on site. This offering includes three adjoining parcels sold together as one property: Charleston County TMS 614-00-00-060, 614-00-00-061 and 614-00-00-062.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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