This immaculate, low-maintenance Clearwater townhome offers the ideal combination of modern comfort, thoughtful upgrades, and unbeatable convenience—perfect for buyers seeking a newer, turnkey home close to top Gulf Coast attractions. Built in 2020 by MI Homes and located in the gated, beautifully maintained Towns at Belleair Grove community, this residence features over 1,500 sq. ft. of light-filled living space with 2 bedrooms, 2.5 baths, a spacious bonus loft, and an open-concept layout designed for today’s lifestyle. From the moment you enter, you’ll notice upgraded lighting, modern finishes, luxury vinyl plank flooring, and premium builder touches that create an inviting, move-in-ready environment. The gourmet kitchen serves as the centerpiece of the home, offering quartz countertops, stainless steel appliances, 42” soft-close cabinetry, a breakfast bar, closet pantry, and contemporary fixtures—all overlooking a bright family room with high ceilings and energy-efficient windows. The adjacent living and dining areas leads out to a private patio perfect for grilling, relaxing, or unwinding after a day spent at the beach or exploring Clearwater’s coastal amenities. Upstairs, the owner’s suite provides a peaceful retreat with a spa-inspired ensuite bath featuring dual vanities, a black-framed glass shower, and a walk-in closet. The second bedroom—paired with a full guest bath—sits across the hall from the versatile loft, ideal for a home office, den, media nook, or creative flex space. Additional upgrades include bronze plumbing fixtures, painted wood stair railings, updated carpeting in the bedrooms, premium bathroom tile, and a Culligan water softener system that conveys with the home—a valuable addition for comfort and long-term maintenance. The attached one-car garage, brick-paver driveway, and nearby guest parking enhance everyday convenience. Within the gated community, residents enjoy a relaxing pool, sidewalks, green spaces, and an affordable fee HOA that covers water, internet, exterior maintenance, and more—making ownership truly worry-free. Perfectly positioned near Clearwater Beach, the Pinellas Trail, Eagle Lake Park, local restaurants, shopping, and everyday conveniences, this townhome also offers quick access to major commuter routes and both Tampa International and St. Pete–Clearwater airports. With its blend of modern upgrades, coastal proximity, community amenities, and strong rental potential, this Clearwater townhome delivers the low-maintenance Florida lifestyle buyers are searching for—whether as a primary residence, seasonal home, or investment opportunity. Seller’s existing mortgage is assumable by qualified buyers, subject to lender approval and release of seller liability, reach out for more information!
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.
