Tucked away at the end of a quiet street in sought-after Gulf Breeze, this beautifully updated pool home offers the perfect blend of privacy, comfort, and Florida lifestyle living. Just minutes from the sparkling waters of the Sound, the Oriole Beach boat ramp, and highly rated Oriole Beach Elementary School, this property delivers the kind of location buyers search endlessly to find. From the moment you arrive, you'll notice the sense of seclusion and space this home provides. Situated on a generous lot with mature surroundings and an inviting backyard retreat, this is the kind of home where mornings begin with coffee by the pool and evenings end under the glow of string lights and Gulf Coast breezes. Inside, the home has been thoughtfully updated and cared for, featuring a remodeled kitchen that serves as the heart of the home, spacious living areas filled with natural light, and a layout that feels both functional and welcoming. The tasteful touches throughout create warmth and personality, while the overall flow of the home makes everyday living easy and enjoyable. The backyard is truly designed for Florida living. The private pool and deck area offer an ideal setting for entertaining friends, weekend cookouts, or simply relaxing in your own personal oasis. Whether you're hosting family gatherings, enjoying quiet evenings outdoors, or spending weekends by the water nearby, this property captures the lifestyle so many buyers dream about when moving to Gulf Breeze. One of the standout features of this home is its location. While offering a tucked-away feel, you're still conveniently close to beaches, shopping, dining, schools, parks, and boating access. Plus, being located outside of a flood zone adds an additional layer of confidence and peace of mind. With its combination of privacy, updates, outdoor living, and prime Gulf Breeze location, this home offers a rare opportunity to enjoy the best of coastal Florida living in a neighborhood people love to call home. If you've been searching for a property that feels welcoming, peaceful, and distinctly Florida -- this is the one.
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.
