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1038 Crescent Lake Dr N, Saint Petersburg, FL 33701
2 beds · 3 baths · 1,278 sqft
Charming Historic Uptown Gem with Brand-New Metal Roof & 40-Year Warranty! Nestled on a picturesque corner lot along a classic brick-lined street, this beautifully maintained home combines timeless character with thoughtful modern upgrades. Featuring 2 bedrooms, 2.5 baths, and an outdoor shower, it’s the perfect retreat just minutes from downtown St. Petersburg. Step inside to discover a warm, inviting layout with vintage charm and updated conveniences. A guest-friendly half bath on the main floor and ensuite bathrooms upstairs offer functional living for residents and visitors alike. Each bedroom features ample closet space, and a bright landing closet with a window adds a touch of old-world elegance. Enjoy year-round comfort with newer mini split AC units and peace of mind from professional tenting in 2023. Step outside to your lush backyard oasis, complete with mature landscaping, a wraparound garden, and a private outdoor shower—ideal after a beach day. The front porch captures a steady breeze, perfect for relaxing even on warm summer days. This home also has a wide driveway, so no street parking is necessary. A short stroll away is Crescent Lake Park, where you’ll find shaded walking paths, tranquil lake views, a dog park, playgrounds, and pickleball courts. Historic Uptown offers a close-knit vibe with community porch parties and events hosted by an active neighborhood association. Located near I-275, top beaches, airports, and downtown St. Pete, this home puts you in the heart of everything—dining, arts, nightlife, and waterfront adventures. This location is also a non-flood zone!
Source: STELLAR #TB8383340
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8383340
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.
No credit check. Takes 2 minutes.