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1115 San Cristobal Ave, Punta Gorda, FL 33983
5 beds · 4 baths · 2,586 sqft
Wonderful Opportunity! This property offers two detached villas/homes, allowing you to live in one while renting out the other or for extended family to live nearby. Located in desirable Deep Creek, 1115/1121 San Cristobal Ave is nestled on a spacious lot (22,000 sq. ft.) with city water/sewer. The homes are separated by a 15-foot-wide courtyard with decorative archways and no shared walls, offering privacy and charm. Both have an oversized 2 car garage and 2 additional parking spots. The home at 1115 San Cristobal offers 1,342 living sq. ft. with 3 bedroom and 2 bath featuring an updated kitchen with granite countertops, stainless steel appliances, gas stove, recessed lighting, ample cabinet and counter space and breakfast bar overlooking the living room, dining area, making it perfect for entertaining family and friends. The spacious primary bedroom suite offers a walk-in closet and an en-suite bathroom with dual sinks and a walk-in shower. Additional guest bedrooms and bath provide comfortable accommodations for guests or family members. Flooring consists of tile throughout. Step out onto the expansive tiled screened lanai offering peaceful views of the spacious back yard. For added peace of mind, impact windows/doors have been installed. The home at 1121 San Cristobal includes 2 bedrooms, 2 bathrooms, and 1,244 sq. ft. of living space, with a well-appointed kitchen featuring Corian countertops, stainless steel appliances, plenty of cabinet/counter space, and breakfast bar opening to the living and dining areas. The primary bedroom has a walk-in closet and en-suite with walk-in shower, while the guest bedroom and bathroom are thoughtfully separated. This villa features tile and luxury vinyl flooring and a screened lanai with a private backyard view. Per seller, the roof was replaced in 2022 and both homes have newer A/C units and water heaters. Conveniently located near I-75, shopping, dining, parks, and less than half mile from Deep Creek Golf Course.
Source: STELLAR #C7511428
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 #C7511428
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.
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