Welcome to this exceptional waterfront retreat located on a quiet cul-de-sac in Bradenton, offering 108 feet of deep-water saltwater canal frontage, direct boating access, no HOA, no CDD fees, and not in a flood zone. This beautifully maintained 4-bedroom, 2.5-bath home is designed for the ultimate Florida waterfront lifestyle and features a first-floor primary suite with a walk-in closet and ensuite bath with a walk-in shower, while upstairs offers three additional generous sized bedrooms and a full bath with a walk-in shower. The home features no carpet throughout, a spacious eat-in kitchen, formal dining room with wet bar, and an oversized two-car garage complete with epoxy flooring and a Tesla charger. Recent improvements include a 2020 roof, and in 2025, the heated saltwater pool underwent a renovation featuring a new pump, saltwater generator, heater, tile coping, premium Freestone pebble interior finish, and new paver decking, creating a resort-inspired setting for outdoor living and entertaining. Boating enthusiasts will appreciate the 2021 covered 16,000-pound boat lift, dock with floating dock, Trex deck sitting area, two reinforced concrete seawalls, and rip-rap shoreline protection. Enjoy fishing from your own dock, watching manatees and dolphins frolic in the canal, and take advantage of direct access to the Gulf of America just 6 nautical miles away. Outdoor living is enhanced by a spacious no-see-um screened lanai, multiple waterfront seating areas, and breathtaking sunset views enjoyed nearly every evening. Conveniently located just 2 miles from I-75, shopping, dining, medical facilities, and hospitals, this home is centrally positioned between Sarasota and St. Petersburg. Sarasota-Bradenton International Airport is approximately 25 minutes away, Tampa International Airport is about 50 minutes away, and the world-renowned beaches of Anna Maria Island are just a 25-minute drive from your doorstep, offering easy access to some of the most beautiful white-sand beaches on Florida's west coast. This exceptional property truly combines luxury waterfront living, outstanding boating access, abundant wildlife, spectacular sunsets, and unmatched convenience in one remarkable package.
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.
