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, waterfront condos, two in Mt Pleasant, one large development in Daniel Island, and one in North Charleston SC

 

MLS Listings Data

Total Listings:605
Average Price:$554,648
Highest Listing Price:$5,686,200
Average Days On Market:61
Average Price/SqFt:$372

What's YOUR Home Worth?

Number of MLS Listings 1 - 9 of 605

Enjoy Ocean Peeks from this Fourth Floor End Unit of Building B in the...

Enjoy Ocean Peeks from this Fourth Floor End Unit of Building B in the Residences at Sweetgrass in Wild Dunes - Also Overlooking the Sweetgrass Pool Area. The Residences at Sweetgrass in Wild Dunes is located in the Grand Pavilion Area which is just a short distance from all the amenities that Wild Dunes has to offer - And the Beach. This 3 Bedroom 3 Bath Condominium has a One Bedroom Lockout which can be rented separately. Beautifully furnished throughout. A Great Time to become a part of all that is available for you here in Wild Dunes - Golf - Tennis - Pools - Restaurants - Spa - Fitness Center - THE BEACH. Remember the Charming City of Charleston just across the Bridge.

$ 1,119,000
View details Beds - 3 Baths - 3 Sqft - 1631
Tenants Rights--leased through September 2022. Buyer cannot occupy until...

Tenants Rights--leased through September 2022. Buyer cannot occupy until after lease period ends. LOCATION, LOCATION, LOCATION! Possible owner financing.Fabulous loft-style residence in the heart of Charleston's Historic District, just steps away from luxury shopping, art galleries, antiques and the city's best restaurants. Around the corner from Starbucks, half a block off King Street and across from the Charleston Place Hotel, this private pied-a-terre features high exposed beam ceilings, exposed brick walls, granite counters, washer and dryer, stainless appliances, and dual elevators in the lobby. Also, easy access to the Wentworth parking garage.

$ 595,000
View details Beds - 1 Baths - 2 Sqft - 978
Indulge in priceless sunrises over the Kiawah Island and Atlantic Ocean!...

Indulge in priceless sunrises over the Kiawah Island and Atlantic Ocean! You will be captivated by the ocean views from your primary bedroom, family room, dining room, kitchen or while enjoying a cup of coffee on your private outside porch. The soaring ceilings are another added bonus to enhance the natural sunlight that beams in! You will love the convenience of walking down the stairs and onto the boardwalk or taking the elevator in the building to put your feet in the sand. Within just a few steps you are able to be sunning on the beach or diving in the ocean for a swim. This is what Kiawah living is designed to be!!! Being a PREMIER two-bedroom ocean view villa 4325 Windswept is perfect for a family getaway, a fantastic rental property or both. As you enter the villa, you have

$ 1,600,000
View details Beds - 2 Baths - 2 Sqft - 985
You are never too far from anything that Charleston has to offer when you...

You are never too far from anything that Charleston has to offer when you live at the Ashley House. This clean, light and airy two-bedroom, two-bathroom condo has been completely renovated - everything is new! The split-bedroom floor plan offers the perfect layout for someone looking to work-from-home or in need of some privacy from a roommate or visiting guests. Relax and unwind while enjoying the lovely breeze from the Charleston Marina from your own terrace. This unit comes with a parking spot and a daily concierge on duty from 9am to 5pm. Don't miss out on this amazing opportunity. Imagine life here at the Ashley House.

$ 508,000
View details Beds - 2 Baths - 2 Sqft - 1053
Two top of the line Units (A & B) in the heart of the desirable West side...

Two top of the line Units (A & B) in the heart of the desirable West side downtown Charleston fully rented. Just minutes from Hampton Park and MUSC, these elevated contemporary units feature hardwood flooring throughout, spacious bedrooms each with private ensuite full bathrooms (4 total per unit - 8 total) and storage space on the ground level. Kitchen includes stainless steel GE profile appliances, elegant Quartz countertops, custom cabinetry, full size pantry and modern chrome pendants. The 3rd floor boasts a private deck with incredible views and great room! No attention to detail was spared including cat5 wiring, storm rated windows, a metal roof, & interior sprinkler system! Unit A - TMS 4600702263Unit B - TMS 4600702264Units can be purchased separately - see MLS listings

$ 1,900,000
View details Beds - 8 Baths - 8 Sqft - 5100
Enjoy sunrise seeing Morris Island Lighthouse from the front porch. At the...

Enjoy sunrise seeing Morris Island Lighthouse from the front porch. At the end the day there are sunset views from the screened porch at the rear. The rest of the day you have the options of using the pool and dock on the Folly River. Just a short walk across the bridge enjoy dining at the many restaurants on Center Street . On Folly you will find community parks a boat ramp and of course the beach! This 3 bedroom 3 bath top floor unit has additional windows located in the master bedroom and secondary bedroom overlooking the Folly River. The living room is bright with its large window practically looking down Folly River. There is a wet bar and the kitchen has a large pass through to the dining area. This condo is a must see! There are both stairs and elevator access.

$ 765,900
View details Beds - 3 Baths - 3 Sqft - 1477
Great income producing, cash flowing home. Community going under complete...

Great income producing, cash flowing home. Community going under complete renovations to make the place shine as a star. Long term / great tenant at $825/month, but it could rent for $850 - $875 as current rental prices are climbing and climbing up. Close to major roads, shops and groceries. Newer appliances (stove and refrigerator).

View details Beds - 3 Baths - 2 Sqft - 1360

 


 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 one. 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 lender’s 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%)