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$1,700,000

Beds
6
Baths
4.0
sq ft
Unknown

309 Palmetto Blvd, Edisto Island, SC 29438

309 Palmetto Blvd

Edisto Island, SC 29438

  • 1 day on market
An Edisto Beach RARE FIND. Step into a slower pace of life while enjoying stunning ocean views and gentle breezes from this 2ND ROW Charleston-style beach home with a new SWIM SPA under the covered deck. Create lasting memories in this family-friendly beach retreat and also enjoy as a vacation rental investment. Ocean views can be enjoyed from the living area and all bedrooms, each with its own private access to verandas that overlook the ocean. The home features 2 Primary Suites and 4 additional bedrooms, with 4 full bathrooms. The Primary bathrooms offer separate tubs, showers, and spacious walk-in closets. With an open floor plan ideal for entertaining, the home also includes a 3-stop elevator and central vacuum system.The kitchen is fully equipped with stainless steel appliances, granite countertops, and large walk-in pantry. The great room boasts a cozy fireplace with gas logs. Parking is plentiful, with a four-car carport and additional driveway space. This home also offers abundant storage, including storage areas accessible from the carport. An enclosed outdoor shower adds to the convenience. Built with a metal roof and cement plank siding for low-maintenance living, it features a gas stove and a gas tankless water heater. Sold fully furnished, it's ready for you to move in and enjoy or add to your rental investment portfolio! Your Beach Getaway Awaits You!

Details

Property type

Single Family Residence

Est. home value

$1,458,549

Lot size

4,791.6 sq ft

Price per sq ft

Unknown

Year built

2006

Price History

01/31/2025
CTAR

CTAR #25002508

Listed
$1,700,000
+21.43%
01/20/2023
CTAR

CTAR #22030397

Sold
$1,400,000
+84.21%
09/30/2020
CTAR

CTAR #20021315

Sold
$760,000
+11.6%

Schools & Community

Elementary school: 

Jane Edwards

Middle school: 

Colleton

High school: 

Colleton

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$587,147
Asking price
$1,700,000
Closing costs (~8% of asking)
-$136,000
Est. remaining loan balance
-$976,853
Cash to seller
$587,147

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Community Bank

Loan start date

January 2023

Original loan amount

$999,999

Est. remaining balance

$976,853

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Dominick Davi and Kerry Davi

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/02/2025 at 5:50 AM

Listing updated: 01/31/2025 at 9:48 PM

Listed by: Ellis Grossman, Carolina One Real Estate Phone #: (843) 556-5800

MLS: CTAR #25002508

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