Experience elevated living in the heart of South Tampa in this exceptional luxury townhome with a HUGE PRIVATE COURTYARD, perfectly positioned within a SMALL, GATED COMMUNITY that offers both privacy and convenience. Tucked away within an intimate enclave of residences, this property provides the rare combination of a peaceful, private setting while remaining just minutes from South Tampa’s premier dining, boutique shopping, and vibrant entertainment. Located within the highly sought-after DALE MABRY, COLEMAN, AND PLANT SCHOOL DISTRICT, the home delivers an unbeatable blend of location, lifestyle, and luxury. From the moment you arrive, the MEDITERRANEAN-INSPIRED ARCHITECTURE sets a sophisticated tone. A classic barrel tile roof, elegant stucco exterior, and a striking Tuscan-style arched front door create a timeless first impression. Inside, the thoughtfully designed floor plan is enhanced by a NEUTRAL DESIGNER COLOR PALETTE, TILE FLOORING throughout the main level, and extensive CROWN MOLDING that adds warmth and architectural elegance throughout the home. The spacious living area is both inviting and refined, anchored by a BEAUTIFUL GAS FIREPLACE that serves as the perfect focal point for cozy evenings or gatherings with friends and family. French doors open seamlessly to an EXPANSIVE, PRIVATE PAVERED COURTYARD—an exceptional outdoor living space rarely found in townhome living. Perfect for entertaining, al fresco dining, or simply relaxing in a peaceful setting, this oversized courtyard extends the home’s living space and enhances the indoor-outdoor lifestyle. The designer kitchen is designed to impress, featuring SOLID WOOD 42-INCH CABINETRY TOPPED WITH CROWN MOLDING, RICH, EARTH-TONED GRANITE COUNTERTOPS, AND A LUXE TILE BACKSPLASH. Stainless-steel appliances, including a GAS RANGE WITH HOOD, make cooking a pleasure, while the spacious CENTER ISLAND WITH BREAKFAST BAR provides the perfect gathering spot for casual dining. The kitchen’s open layout flows effortlessly into the main living areas, creating the perfect modern layout. A convenient powder room is also located on the first floor. Upstairs, WARM WOOD FLOORING leads to the private bedroom level, where EACH BEDROOM OFFERS ITS OWN BALCONY—an uncommon and desirable feature that allows for fresh air, natural light, and a quiet place to unwind. EVERY BEDROOM ALSO FEATURES CUSTOM CLOSET ORGANIZATION SYSTEMS, maximizing both storage and functionality. The primary suite serves as a peaceful haven, highlighted by A TRAY CEILING WITH CROWN MOLDING that adds depth and sophistication to the space. The en suite bathroom offers relaxation, soft lighting and a serene space complete with A FRAMELESS GLASS-ENCLOSED SHOWER, A DEEP GARDEN TUB, and elegant finishes. Additional features further enhance the home’s appeal, including A LARGE LAUNDRY ROOM WITH BUILT-IN CABINETRY AND SINK, A SPACIOUS TWO-CAR GARAGE, AND DURABLE ALL-CONCRETE BLOCK CONSTRUCTION. The homeowners association offers exceptional value and peace of mind by covering the roof and all balconies, helping to protect your investment. Even better, the property is located outside of a flood zone, meaning NO FLOOD INSURANCE is required—an increasingly valuable benefit in the South Tampa market. Whether enjoying quiet mornings on your private balcony or taking advantage of the nearby shops, restaurants, and waterfront amenities, this home delivers the very best of refined, low-maintenance living.
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.
