Welcome to this fully remodeled pool home at the corner of fashionable Bayshore Boulevard in South Tampa, offering luxury finishes, functional design, and an unbeatable location. This move-in-ready home features a private, gated courtyard and a covered front porch, creating a peaceful entry just steps from one of Tampa’s most desirable waterfront corridors. You'll love the neighborhood, replete with charming Florida homes, canopied with oaks, and dripping with Spanish Moss. Inside, the first floor showcases hardwood flooring throughout, a spacious family room, and a striking stone accent wall with gas fireplace—perfect for both everyday living and entertaining. The chef’s kitchen is thoughtfully designed with a gas cooktop, double ovens, built-in microwave, and oversized island, ideal for hosting gatherings or casual meals. A first-floor guest bedroom with a fully remodeled bathroom provides flexibility for visitors, a home office, or multigenerational living. Upstairs, a bonus living area leads to a large primary suite with double-door entry, complemented by a spa-inspired, fully renovated primary bathroom designed for comfort and relaxation. Two additional spacious bedrooms complete the second level, with a gorgeous renovated bath. Step outside to enjoy Florida living at its best with a 2-story screened saltwater pool, spillover spa, and outdoor kitchen, making the backyard perfect for al-fresco Florida living year-round. Enjoy the security of knowing you have a metal roof and impact windows. Located just steps from the iconic Bayshore Boulevard , this home offers easy access to MacDill Air Force Base, Tampa Yacht & Country Club, downtown Tampa, Hyde Park, and top local restaurants. Walk or bike to waterfront paths, dining, and recreation while enjoying quick access to everything South Tampa has to offer.
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.
