503 1st Ave NW
Ruskin, FL 33570
3 beds · 4 baths · 2,594 sqft
$599,900
Get prequalified503 1st Ave NW
Ruskin, FL 33570
3 beds · 4 baths · 2,594 sqft
$599,900
Get prequalifiedWATERFRONT PARADISE AWAITS – A BOATER’S DREAM**Welcome to Ruskin, Florida—your chance to own a one-of-a-kind, custom-built home with deeded water frontage along the Ruskin Inlet. This beautifully maintained Florida-style retreat features a private dock, TWO boat lifts, and direct access to Tampa Bay, making it a rare gem for water lovers. Watch manatees and dolphins from your screened porch while soaking in breathtaking sunset views. Inside, the home showcases vaulted ceilings, open-concept living areas, and a gourmet kitchen with granite countertops and upgraded appliances. The spacious primary suite includes a private screened balcony, dual vanities, a soaker tub, and a walk-in shower. Additional features include a flexible bonus room, cozy outdoor porches, and an above-ground saltwater pool for year-round enjoyment. The home is powered by 36 OWNER-OWNED SOLAR PANELS, delivering 11,500 watts of energy for efficient, cost-effective living. A U-shaped driveway offers ample parking for vehicles, boats, and RVs. Storage space is plentiful underneath the elevated structure, and the property is being offered. Ruskin is one of Tampa Bay’s best-kept secrets—offering affordable coastal living, convenient access to marinas, parks, golf, and shopping, all while maintaining its laid-back, small-town charm. With rising interest in waterfront property and expanding regional growth, now is the time to invest in this vibrant community. Don’t miss your opportunity to own this piece of paradise—schedule your private showing today!
Source: STELLAR #A4642657
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.