Condos for sale Charleston South Carolina. As most people know by now Charleston SC real estate is on the higher side, and in fact is about $50,000 more on avg than that of the national average home sales price. Also being a small coastal region and the #1 city in the United States by all major travel magazines, homeownership is popular, and none more than condos. The tri-county area is comprised of three different counties, and about 12 suburban communities. Below you can search South Carolina condominiums for sale by city or town. We have a good many luxury condos in Charleston SC downtown, two in Mt Pleasant, one large development in Daniel Island, and one in North Charleston SC

 

MLS Listings Data

Total Listings:
741
Average Price:
$491,166
Highest Listing Price:
$3,750,000
Average Days On Market:
127
Average Price/Sqft:
$369

What's YOUR Home Worth?

Number of MLS Listings 1 - 9 of 741

Located within the gated community of Wild Dunes, this well-appointed...

Located within the gated community of Wild Dunes, this well-appointed condo is the perfect personal getaway or vacation rental. It has a great rental history & can be rented as a 2 bedroom condo, a 1 bedroom condo or just a room (like in a hotel with 2 beds, refrigerator & coffee pot) because it is one of the 2 bedroom ''lockout'' condos in the Village. Property is sold fully furnished. It is located in the hub of all the activities in Wild Dunes Resort & only steps to the beach, pools, spa, fitness center, restaurants, etc. The resort features two eighteen hole championship Tom Fazio designed golf courses, a world top ranked resort tennis center, beautiful beaches and great restaurants and it is less than 30 minutes from downtown historic Charleston

$ 619,500
View details Beds - 2 Baths - 2 Sqft - 1277
Updated two-bedroom, two-bathroom condo located on the quiet side of the...

Updated two-bedroom, two-bathroom condo located on the quiet side of the building, with spectacular views of the 9th green of Ocean Winds golf course. Some highlights include: well equipped kitchen with updated appliances and granite counters, laminate wood floors in the living area and updated bathrooms. Floor plan features, two bedrooms, each with private bath, living/dining room, a large L shaped covered terrace with access from both bedrooms and the living room and golf course views. The Atrium villas offer a parking garage on the first level, elevators to all floors and are only steps away from the Seabrook Island club house, golf courses and the beach club. This turn-key island get-a-way is sold furnished. The monthly regime fee of $495 includes internet and cable, there is a

$ 429,000
View details Beds - 2 Baths - 2 Sqft - 1080
Sunday-Sunday...Enjoy 4 weeks per year in this awesome ocean front condo....

Sunday-Sunday...Enjoy 4 weeks per year in this awesome ocean front condo. This unit features 3 bedrooms and 3 full baths. Shipwatch pool is over the top and being ocean front is hard to beat. Buy, show up and enjoy your 4 weeks per year. (Seller has a total of 3 separate shares in this unit for sale), including 2 back to back weeks

$ 59,000
View details Beds - 3 Baths - 3 Sqft - 1250
WOW! This is an incredible opportunity for a charming two bedroom, two...

WOW! This is an incredible opportunity for a charming two bedroom, two bathroom updated Parkside Villa! Centrally located on the Island you will enjoy how close you are to the beach, Night Heron Park, The Sanctuary and Town Market. Recently the villa was freshly painted, new decor, artwork and high end bedding was installed to rejuvenate the villa. From the new front door to the coastal decor throughout you will appreciate the care this property has been given. It is currently used as a rental property. The kitchen has granite countertops, all the necessary housewares and stainless steel appliances. This villa has a generous screened in porch for outside dining, nature watching, enjoying your morning coffee or getting lost in a great read. Also, you have a great place to store your beach

$ 339,000
View details Beds - 2 Baths - 2 Sqft - 982
#204 - the North Flat, is one of just two opportunities left for you to...

#204 - the North Flat, is one of just two opportunities left for you to become part of Historic Charleston's new distinctive address, Harleston Gates, with projected completion in the Spring of 2020. As of January 2020, drywall has been completed! With just four flats and four penthouses, these boutique residences showcase the very best of elegant contemporary living in a classically inspired framework. The North Flat offers ten foot ceilings, a gracious open floor plan, a spacious master suite, and opulent appointments. With views to Wentworth Mansion and french doors to a balcony set amidst the trees, this Flat is one-of-a kind. One of the most impressive residential buildings ever to be built in Charleston, Harleston Gates is constructed with steel, concrete, and

$ 1,750,000
View details Beds - 3 Baths - 3 Sqft - 1758
This home is a move in ready spec and loaded with upgrades! Stainless...

This home is a move in ready spec and loaded with upgrades! Stainless appliances, LVT floors throughout, granite countertops, gas fireplace, private patio, tiled showers, custom cabinetry and so much more! Call today to see why we're the top destination in maintenance free living!

$ 251,660
View details Beds - 2 Baths - 2 Sqft - 1569

 


 SEARCH BY TOWN BELOW:

 

There are no condominiums more popular in Charleston SC than beachfront condos. If it is Myrtle Beach, Folly Beach, Isle of Palms, downtown, or Kiawah Island most people would love to have a view of the ocean from their porch and who can blame them. Keep in mind there are a lot of things that one must consider when buying a coastal or beachfront condo, or condominium in general. There are monthly regime fees that pay for the upkeep of the exterior of the buildings and the amenities as well as the cost of the insurance(s). 


CONDOS BY DEVELOPMENT COMMUNITY

 


CONDO FINANCING INFO

Having been in the mortgage industry once for over 13 years I know first hand that getting loans for condos isn’t as easy as it is for buying a single-family detached property. There are a lot more factors that come into play with an attached home vs unattached. The reason being, condos are usually less desirable and become even less desirable if the community has other factors in play most of which concern the occupancy of primary residence vs renters. From a lenders standpoint, a community becomes riskier to lend in if the majority of the condo development is comprised of tenants vs owners. Except in a vacation or second home scenario because then they know it’s commonplace and standard procedure and most owners have their units in a professional vacation rental program for investment purposes. Whereas a regular suburban condo development was never set up for that purpose. For instance: Fannie Mae Loans require – A project for which all of the following are true:

  • at least 90% of the total units in the project have been conveyed to the unit purchasers;
  • the project is 100% complete, including all units and common elements;
  • the project is not subject to additional phasing or annexation; and
  • control of the HOA has been turned over to the unit owners.

FHA – Condominium mortgages are the best performing loans in their portfolio, accounting for only 5.79% delinquency vs 6.96% for detached single-family. FHA Condominium Resource book states that prior to the change in FHA’s condo policy, the FHA’s market share of condos and single-family moved closely together, even as the FHA receded from the market at the height of the bubble. Since the policy change, the two market shares have diverged steadily over time with the exception of 2013.

  • The owner-occupancy requirement is 50% (Current legislation requests dropping to 25%)
  • No more than 15% of units be more than 60 days due, excluding REOs. Dues for lender-owned units are rarely received by associations in a timely fashion. Some state laws prohibit the collection of delinquent assessments until 90 days past due, and many association governing documents do not consider owners to be delinquent until 60-90 days. (New law requests 90 days instead of 60)
  • No more than 50% of units can be FHA insured already. (NAR requests new legislation increase it to 100%)