Now presenting Rothschild Manor, a timeless historic estate where architecture, gardens, and coastal proximity come together across two residences on two lushly landscaped lots, just a short walk from the Atlantic Ocean in Daytona Beach’s coveted Ocean Dunes neighborhood. Built in 1924 and reportedly owned by Titanic survivor Elizabeth Barrett Rothschild, this iconic property offers a rare blend of legacy, privacy, and refined coastal living. Beyond the arched front door, the main residence unfolds with enduring craftsmanship and quiet elegance. Original hardwood floors, coffered ceilings, crown molding, arched windows, and a wood-burning fireplace establish a sense of warmth and permanence, while sunlit living and dining spaces invite both intimate moments and gracious entertaining. The kitchen is a true reflection of the home’s soul—rich with texture, character, and authenticity. Exposed brick walls anchor the space, offering a dramatic yet inviting backdrop that feels both historic and collected over time. Natural light filters in, highlighting classic cabinetry and thoughtful details that balance form and function. This is a kitchen designed for connection: a place where conversations linger, recipes are passed down, and gatherings naturally gravitate, seamlessly tying the home’s historic charm to everyday livability. The baths continue the home’s timeless aesthetic with brick detailing, classic finishes, and a clawfoot soaking tub that nods to the property’s historic roots while delivering modern comfort. Four bedrooms and two and a half baths complete the main residence, each bedroom enhanced by enclosed sleeping porches that extend the living space and provide flexibility for guests, offices, or quiet retreats. A private drive leads to the rear motor courtyard, revealing the second residence—the original chauffeur’s apartment perched above the two-car garage. With a separate address, full kitchen, living and dining areas, bedroom, and bath, this private dwelling offers ideal accommodations for guests, multigenerational living, or income potential. The walled, garden-rich grounds are a defining feature of Rothschild Manor. A sunken garden, remnants of original rose gardens and fountains, a bocce ball court, covered carport, and multiple outdoor living areas—once including an outdoor wood-burning fireplace—create a serene, estate-like environment rarely found on the barrier island, all just moments from the shoreline. Offering over 4,100 square feet of total living space, six bedrooms, three and a half baths, and multiple living quarters, Rothschild Manor is being offered furnished and turn-key and is listed at its recent appraised value. This is a rare opportunity to own a legacy property steeped in history, wrapped in gardens, and positioned within a short stroll of the ocean, with convenient access to dining, shopping, and the best of coastal Daytona Beach.
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.
