Experience the ultimate Gulf Coast lifestyle in this beautifully updated waterfront pool home located on one of the widest and deepest canals in Gulf Harbors. With direct access to the open Gulf and private beach privileges, this property offers a rare combination of serious boating capability and exclusive beachfront enjoyment. Situated on a deep-water canal (approximately 15-20 feet), this home accommodates large vessels with ease. The expansive canal width allows for a 50+ foot yacht to be positioned perpendicular to the seawall. The composite dock system includes a 10,000 lb boat lift with recently replaced carriage and two new motors, plus a floating dock for added versatility. The outdoor living space is designed for year-round enjoyment. The pool and spa were refinished in 2018 and are complemented by travertine pavers and tile throughout the pool area. State-of-the-art pool equipment includes both heat pump and solar heating. A 20/20 screened enclosure surrounds the pool area, offering exceptional protection while maintaining open views. An outdoor shower completes the coastal experience. The 2025 remodel enhanced both function and curb appeal. The double driveway provides expanded parking capacity, and pavers surround the home extending to the seawall. All gutters are routed underground for improved drainage. Additional updates include a new flat roof (2017), new garage door opener (December 2025), blown-in attic insulation (2017) for energy efficiency, new water softener and whole-house filtration system, and power blackout shades in the main living area. Two separate water meters service the property—one dedicated to the home and a second for landscape, pool, and dock use—helping reduce sewer charges. An in-ground propane tank is installed and plumbed to the home (currently not in use). In addition to exceptional boating access, residents have the option to join the private Gulf Harbors Beach Club, offering sandy shoreline, pavilions, grills, and some of the most spectacular sunset views on Florida’s west coast. This is more than a waterfront home. It is a deep-water boating property with exclusive Gulf beach access—an uncommon and highly desirable combination.
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.
