Located in desirable North Redington Beach just steps from the Gulf beaches, this UPDATED, ELEVATED townhome offers LOW-COST flood insurance (under $900/year transferable), CONCRETE BLOCK construction, a PRIVATE ELEVATOR, and Alexa-compatible ELECTRIC STORM SHUTTERS for all upper windows and doors — providing peace of mind for coastal living. One of the most enjoyable features of this home is the abundance of outdoor space. There are FIVE outdoor areas including four updated composite deck balconies and a ground-level patio facing the pool and spa perfect for going back and forth and cookouts on grill, heated pool, and spa. The beautifully maintained lawn and landscaping are all taken care of for you through the LOW HOA fee of $500/month, which also includes exterior stucco maintenance and termite protection. Note- On ground patio there is gas connection installed for generator or grill by this patio and spiral staircase to the 2nd level. The boutique Tides Village community consists of only 12 townhomes and offers a welcoming neighborhood feel. A variety of restaurants and local favorites including Sweet Sage, Conch Republic, and Happy Place are just a short stroll away, along with shops and small businesses. tennis, pickleball courts, and a playground are also located just blocks away. The entry level welcomes you with stylish wave-pattern epoxy flooring and access to a rare 3–4 car garage with epoxy coating, offering exceptional storage for vehicles, paddleboards, bikes, kayaks, and beach gear. The current owners even stored their small pontoon boat in the garage — a boat that has won a few local boat parades as Santa’s sleigh! Upstairs, the main living level opens to a bright living area with balcony access where coastal breezes flow through the home. The dining space is ideal for gathering with friends and family after a day at the beach. The beautifully updated kitchen blends style and functionality with quartzite countertops, a custom porcelain farmhouse sink, Samsung smart appliances, GAS range, under-cabinet lighting, modern cabinetry, and a dinette area with its own balcony access. The primary suite offers a relaxing retreat with a fully renovated spa-inspired bathroom featuring quartzite countertops, vessel sinks, custom mirrors, and a stunning glass walk-in shower with rainfall and wall systems. The suite also includes a private balcony overlooking the pool. Guest bedrooms provide comfortable space for visitors, family, or a home office and share access to a connected balcony. This home has been thoughtfully upgraded with over $100,000 in improvements by meticulous owners. Recent improvements include professional sanitation of carpets, ductwork, dryer vents, and the HVAC system. Additional upgrades include gas line with quick disconnect for generator or grill, generator inlet (50 amp), gas tankless water heater (7/2024), custom laundry room cabinetry, RainSoft whole-home water filtration and softening system, Brinks security system, elevator renovation, UV HVAC light (replaced 2026), and a recently inspected metal roof with preventative repairs professionally completed in 2025. Lots of parking for guests in your large driveway and there is also some public parking in front of the unit. Whether you’re seeking a primary residence, second home, or beach retreat, this property captures the essence of Florida coastal living just steps from the Gulf beaches.
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Yes. Non-veterans can assume a VA loan, provided they meet the lender’s VA criteria. When a qualified buyer assumes a VA mortgage from a veteran or active-duty service member, the seller’s VA loan entitlement remains tied to the assumed loan until the buyer pays off or refinances the loan. This process restores the veteran seller’s entitlement, enabling them to use their VA benefit for a future home purchase.
Yes. All FHA loans are assumable by law as long as the buyer meets the FHA’s credit, income, and qualification requirements and obtain lender approval before assuming the loan (per FHA regulations effected December 15, 1989). Roam makes this process simple for buyers.
Generally, conventional loans are not assumable. In rare cases, a conventional loan may be assumable with lender approval. Use our search tool to find homes with assumable low-rate loans, or reach out to us if you’d like to confirm a specific home’s assumability.
