As you turn onto this quiet, tree-lined street, a natural canopy unfolds overhead—setting the stage for a home that feels more like a private retreat than a neighborhood. Welcome to Parkside Colony, a place where quiet charm, natural beauty, and modern comfort come together in one of Tarpon Springs’ most peaceful hidden enclaves. Tucked at the back of a no-through-traffic community, this villa-style home sits on a surprisingly generous .27-acre lot, offering a level of space and privacy rarely found in this style of living. Inside, the home has been beautifully renovated with intention and care. The open floor plan is highlighted by soaring vaulted ceilings, abundant natural light, and a cozy gas fireplace that anchors the main living space—perfect for quiet evenings or relaxed gatherings. The brand-new kitchen features modern finishes and flows effortlessly into the dining and living areas, making everyday living and entertaining feel seamless. Both bathrooms have been fully updated, new flooring runs throughout the home, and a new roof and skylights (2024) bring peace of mind while enhancing the bright, airy feel. Every update strikes a balance between style and comfort, creating a home that feels fresh, welcoming, and move-in ready. For even more convenience, the furnishings are negotiable. Step outside to the spacious screened lanai, where mornings begin with coffee and birdsong, afternoons invite a good book, and evenings are made for conversation in Florida’s gentle breezes. The one-car garage adds convenience and storage, while the X flood zone designation means no flood insurance required—a valuable and increasingly rare benefit. Location completes the story. Just minutes from the iconic Tarpon Springs Sponge Docks, Sunset Beach, and Fred Howard Park, you’ll enjoy easy access to waterfront dining, local festivals, boating, and unforgettable Gulf Coast sunsets—all while coming home to a setting that feels peaceful and removed from the crowds. Whether you’re searching for a full-time residence or a refined seasonal retreat, 110 Parkside Colony Drive offers something special: a sense of arrival, a feeling of calm, and a lifestyle that’s uniquely Tarpon Springs.
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.
