Historic Tampa Heights Charm Meets Modern Convenience in the Heart of Downtown Tampa. Welcome to 2708 N Jefferson Street, a beautifully maintained 1900 bungalow nestled in the highly sought-after Tampa Heights neighborhood. Situated on a generous 0.19-acre lot with valuable alley access, this 3-bedroom, 2-bathroom residence offers 1,388 square feet of character, comfort, and endless potential just minutes from Downtown Tampa. From the moment you arrive, you'll be captivated by the home's timeless curb appeal, highlighted by a welcoming front porch, mature camphor tree canopy, and classic architectural details that reflect Tampa Heights' rich history. Inside, soaring ceilings, spacious living areas, and an open-concept layout create a bright and inviting atmosphere perfect for everyday living and entertaining alike. The thoughtfully designed floor plan features a spacious living room that flows seamlessly into the dining area and kitchen, complete with solid wood cabinetry, granite countertops, breakfast bar seating, and ample storage. The split-bedroom design provides privacy, while the flexible bonus room offers endless possibilities as a home office, library, reading room, or creative space. The primary suite is generously sized and complemented by a full bathroom, while two additional bedrooms provide comfortable accommodations for family and guests. Tile and wood flooring throughout add warmth and durability. Step outside to discover a private backyard retreat featuring mature tropical landscaping, a firepit gathering area, and a brand-new storage shed installed in 2025. The oversized lot and alley access create exciting opportunities for future expansion, additional parking, an accessory dwelling unit, or outdoor entertaining spaces. Major updates include a new 2026 HVAC, brand-new roof installed in 2025 and a new shed added in 2025, providing peace of mind for years to come. Located in Tampa Heights, one of Tampa's most desirable historic neighborhoods, residents enjoy quick access to Downtown Tampa, the Tampa Riverwalk, Water Works Park, Armature Works, Ybor City, Channelside, Water Street Tampa, and the city's vibrant dining, entertainment, and cultural scene. Tampa Heights continues to attract homeowners seeking a unique blend of historic charm and urban convenience. Whether you're searching for a primary residence, investment property, or future redevelopment opportunity, this historic gem offers exceptional value in one of Tampa's fastest-growing neighborhoods.
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.
