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:
826
Average Price:
$473,960
Highest Listing Price:
$3,749,000
Average Days On Market:
145
Average Price/Sqft:
$357

What's YOUR Home Worth?

Number of MLS Listings 1 - 9 of 826

PREAPPROVED SHORT SALE--QUICK CLOSING POSSIBLE !!! FURNISHED END UNIT WITH...

PREAPPROVED SHORT SALE--QUICK CLOSING POSSIBLE !!! FURNISHED END UNIT WITH GREAT RENTAL HISTORY. THERE IS A WRAP AROUND PRIVATE BALCONY THAT HAS VIEWS OF THE POND AND COURTYARD. THIS CONDO IS SOLD TURN KEY WITH ALL FURNISHINGS WITH MANY RETURN GUESTS. AMENITIES INCLUDE THREE SWIMMING POOLS, TENNIS CENTER, FITNESS CENTER AND TWO FAZIO DESIGNED GOLF COURSES. ALL JUST A 100 YARDS FROM THE BEACH. BUILT IN 2007, IT HAS ALL OF THE UPGRADES, SUCH AS GRANITE COUNTER TOPS, STAINLESS STEEL HIGH END APPLIANCES, HARDWOOD FLOORS AND HIGH QUALITY FURNISHINGS.

View details Beds - 2 Baths - 2 Sqft - 1231
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

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

View details Beds - 2 Baths - 2 Sqft - 1080
This One Bedroom One Bath Condominium is located on the Village Plaza. ...

This One Bedroom One Bath Condominium is located on the Village Plaza. Located close to many of the Wild Dunes Amenities plus short distance to the beach. The Village Plaza is the center of activity for the Wild Dunes Community. Monthly Regime Fee includes water and sewer, cable television, high speed internet access, local phone, reserve fund, use of the pools and fitness centers, valet parking, insurance deductible, exterior maintenance, plus more. Great Opportunity to become a part of the Wild Dunes Community.

View details Beds - 1 Baths - 1 Sqft - 715
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)

View details Beds - 3 Baths - 3 Sqft - 1250

 


 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%)

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