Breathtaking Intracoastal Living in Flagler Beach! Welcome to 430 Lambert Ave—an elegant 4-bedroom, 4-bath waterfront residence offering the perfect blend of luxury, comfort, and Florida lifestyle. Situated on over a half-acre, directly on the Intracoastal Waterway, this home is designed for those who appreciate quality craftsmanship, stunning views, and the convenience of having your own private dock with a boat lift. From the moment you arrive, the paver entryway, mature landscaping, and impeccable curb appeal set the tone. Inside, you’ll be captivated by soaring double tray ceilings with crown molding and rope lighting, magnificent chandeliers, and an open layout perfect for entertaining. The chef’s kitchen is equipped with 42" deluxe cabinets, granite countertops, tile backsplash, stainless steel appliances including a gas stove, double oven, and surround sound. The primary suite is a true retreat featuring his-and-her vanities and walk-in closets, a spa-like bathroom with a stand-alone soaking tub, walk-in tiled shower, and timeless finishes. Two bedrooms offer private en-suites, while the home’s layout provides both comfort and privacy for family and guests. Additional highlights include recessed lighting, tiled floors, and a spacious 3-car garage. Step outside to your screened-in pool overlooking the water—a serene place to relax or entertain. With a private dock and lift, boating and water activities are just steps from your back door. Living in Flagler Beach means living where others vacation. This charming coastal town is known for its laid-back vibe, beautiful beaches, and small-town charm. Spend your mornings fishing or paddle boarding, afternoons exploring local parks and biking trails, and evenings strolling along the pier. Dine at beloved local spots such as Golden Lion Café, Flagler Fish Company, and Funky Pelican—or browse the quaint shops and markets. With easy access to both St. Augustine and Daytona Beach, you’ll enjoy the perfect balance of peaceful coastal living and nearby city conveniences. Don’t miss the opportunity to own this stunning waterfront home and experience the Flagler Beach lifestyle at its finest!
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.
