Custom-Built Waterfront Luxury in Punta Gorda Isles. Discover an exceptional example of waterfront craftsmanship in this custom-built 4-bedroom, 3.5-bath pool home with a 3-car garage, masterfully designed by Tim Towles, Punta Gorda’s premier builder. Perfectly situated at the end of a peaceful cul-de-sac in the coveted Punta Gorda Isles community, this residence captures breathtaking intersecting canal views and offers direct sailboat access to Charlotte Harbor and the Gulf of Mexico—just minutes away by boat. From the moment you arrive, elegant curb appeal welcomes you with a circular driveway, new metal roof, and lush landscaping that complements the home’s refined architectural lines. Inside, a sense of light and space defines the open and split-bedroom floor plan, where high ceilings, arched windows, and expansive glass sliders frame the sparkling water views beyond. The gourmet-inspired kitchen is both spacious and inviting, featuring light cabinetry, a massive center island with cooktop, built-in oven and microwave, desk area, breakfast bar, closet pantry, and an aquarium glass dining nook overlooking the pool and canals. Two first-floor primary suites each offer private en-suite baths, while the upstairs guest suite includes its own full bath and access to an expansive bonus living area with a full custom kitchenette and cabinetry—ideal for multi-generational living, a media space, office, recreational room, or guest retreat. The home’s indoor living spaces extend seamlessly to the expansive screened lanai, designed for luxurious outdoor enjoyment. The large heated pool and spa take center stage, accompanied by an outdoor kitchen, covered lounging area, and open sundeck that all showcase spectacular panoramic canal views. Just beyond, you’ll find a 42-foot concrete dock with a 24,000 lb boat lift and a 69-foot concrete seawall, both maintained by the City of Punta Gorda—making this a true boater’s paradise. This residence is also a fully integrated smart home, allowing you to control lighting, temperature, security, and more directly from your phone—bringing convenience and peace of mind whether you’re home or away. Additional highlights include accordion and roll-down shutters, two-zone A/C, an air-conditioned workshop perfect for projects or hobbies, an inside laundry room, a bonus room ideal for storage or a small office, and a 250 lb buried propane tank that fuels the pool heater and dryer. Furniture is also available for optional purchase, offering a seamless, move-in-ready opportunity to enjoy the waterfront lifestyle immediately. All of this, just minutes from golfing, Fishermen’s Village, waterfront parks, boutique shopping, fine dining, and historic downtown Punta Gorda—yet tucked away in a serene setting that feels worlds apart. Experience the best of luxury coastal living at 2144 Charlotte Amalie Court, where timeless design, unmatched craftsmanship, smart technology, and mesmerizing water views come together in perfect harmony.
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.
