Your Waterfront Oasis Awaits: Direct Gulf Access & No Restrictions! Step into the ultimate Florida lifestyle with this beautifully updated canal-front sanctuary. Designed for the serious boater and the dedicated relaxation-seeker alike, this property offers direct Gulf access with no HOA or CDD fees to hold you back. The Ultimate Waterfront Backyard The outdoor space isn't just a yard; it’s a private resort. Whether you’re launching an offshore adventure or hosting a sunset soirée, every detail has been considered: Boater’s Dream: A private dock featuring a 10,000 lb boat lift equipped with water and electricity. Easy Water Access: A dedicated boat davit makes launching kayaks effortless—or, use it as a unique hammock swing for breezy afternoons by the canal. Poolside Luxury: Dive into the heated saltwater pool, framed by elegant pavers and a 220V hookup ready for your future hot tub. Entertainer’s Paradise: Gather around the fire-pit beach area or relax under the lighted cabana. The entire backyard is fully fenced and gated, featuring pet-friendly turf for a lush, low-maintenance look year-round. Refined Interior & Modern Comforts Inside, an airy, open-concept floor plan invites natural light and seamless movement. Neutral tile flooring, shiplap ceilings, and classic plantation shutters provide a timeless, coastal aesthetic throughout. Flexible Living: Featuring 2 spacious bedrooms plus a versatile flex room—perfect for a home office, gym, workshop, or guest suite. Chef’s Kitchen: Outfitted with sleek quartz countertops and abundant cabinetry, making meal prep and entertaining a breeze. Spa Retreat: The handicap-accessible primary shower is a true showstopper, loaded with "all the bells and whistles" for a spa-like experience at home. Peace of Mind Upgrades This home has been meticulously maintained and thoughtfully upgraded for longevity and ease: Security: Ring cameras face north, south, east and west with a Ring doorbell as well. Roof: Replaced in 2018. New Gutters: Installed in 2025. Systems: Full-home water filtration and a convenient in-wall pest control system. Everything is ready for you—all that's missing is the boat. Note: Dock dimensions provided in MLS are not verified. Buyer to verify all measurements. Schedule your private showing today and start living the Gulf Coast dream!
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.
