Rarely Available High Point Place “City Home” in the Downtown Fort Myers River District. Luxury Townhome with the size of a home and the convenience of a condo in the heart of downtown Fort Myers with ultimate walkability, dining, events, and shopping along the River. END UNIT located on the private waterfront and marina side of High Point Place. Offering nearly 1,700 square feet of living space, this completely remodeled residence features two master suites and 2.5 luxurious bathrooms, and one parking space. Step inside to find modern upgrades and elegant touches throughout. The first-floor master suite boasts tile flooring, crown molding, and a spa-like bathroom with dual vanities, under-cabinet lighting, a full-tile steam shower with LED lighting, and a custom walk-in closet system. The second master suite upstairs offers city views from sliding glass doors and a full en-suite bath with matching modern finishes. Both suites offer ultimate comfort and privacy, making them ideal for dual ownership, guests, or multigenerational living. The home features walk-in closets with organizers, a tankless water heater, custom window treatments, and a 3-year-old A/C system. A covered patio lanai overlooks the city, creating the perfect spot to enjoy morning coffee or sunsets. Furnishings are negotiable. Living at High Point Place means enjoying resort-style amenities, including a heated pool, spa, BBQ grilling stations, a sunbathing deck, a fitness center with his-and-her saunas, a business conference room, and a spacious gathering room for social functions. The unit comes with one reserved parking space in the secure parking garage. The location is unmatched! You are steps away from free concerts in the park, Art Fest, Music Walk, professional theaters, Publix grocery, boutique shopping, and an incredible selection of dining options. A new pedestrian walkway has recently been added, enhancing access to breathtaking waterfront views and walkability throughout downtown. High Point Place is one of the most sought-after high-rise communities in Fort Myers, benefiting from years of downtown revitalization and new developments, such as the Luminary Hotel and expanded entertainment venues. This townhome presents a rare opportunity to own a city home in a premier location, offering a unique blend of privacy, luxury, and the dynamic urban lifestyle of Southwest Florida’s most exciting district.
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.
