Welcome to the crown jewel of Calusa Park. Situated on the largest lot in the community with serene lakefront views, this is the address discerning buyers have been waiting for. Light, airy, and impeccably maintained by a part-time owner, the home lives like new — and offers the rare combination of premium upgrades, a flexible floor plan, and a setting that simply cannot be duplicated. Inside, the thoughtfully designed layout offers three bedrooms, a den, two bathrooms, and a two-car garage — giving you the versatility to work from home, host guests, or simply spread out and enjoy the space. The kitchen is appointed with granite countertops, an upgraded backsplash, and ample storage, flowing naturally into the main living area where tray ceilings with crown molding and high finishes set a refined tone that carries throughout the entire home. Additional upgrades include impact windows, an alarm system, and beautifully tiled shower surrounds with designer accent tile — details that signal quality at every turn. The laundry room continues that standard with a utility sink, white cabinetry, and upgraded washer and dryer included. Step through to the west-facing screened lanai and you're greeted by peaceful lake views and the kind of sunsets that remind you exactly why you chose Florida. There is room to add a private pool, making this an ideal canvas for your dream outdoor living space. Life at Calusa Park is as easy as it is enjoyable. The gated community offers low HOA fees that cover lawn maintenance and access to a sparkling community pool — the definition of low-maintenance Florida living. And the location is genuinely hard to beat: the Legacy Trail is practically at your doorstep, offering miles of scenic biking and walking paths connecting Venice to Sarasota. Casey Key's beaches are just minutes away, I-75 is a five-minute drive, Sarasota Memorial Hospital is close by, and you'll find shopping, dining, and well-rated schools all within easy reach. Positioned perfectly between the charm of Downtown Venice to the south and the cultural energy of Sarasota to the north, this is a location that puts everything within reach without sacrificing the peace and quiet you came here for. No CDD fees. Preferred X flood zone. The largest lot. The best lake view. This one has it all.
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.
