Just minutes from downtown Palm Harbor, Ozona, Crystal Beach, and the shores of Honeymoon Island, this home offers the ideal blend of everyday convenience and coastal lifestyle. Enjoy easy access to local dining, shopping, and a quick drive to Tampa International Airport, all while being within a short walking distance to Palm Harbor University High School, one of the area’s highly rated class A schools. Located in one of Palm Harbor’s most desirable neighborhoods, this move in ready ranch home combines thoughtful updates, functional living space, and a location that’s hard to match for growing families. This well maintained 3-bedroom, 2.5-bath home features a bright, open layout designed for comfortable living and entertaining. Major improvements include a new roof (2019) and a new A/C system (2023), along with fresh interior paint, newer appliances, and updated bathrooms, providing peace of mind and true move-in readiness. Digital front door deadbolt lock and Blink doorbell and security camera system included. Inside, the open kitchen and family room create a seamless flow, enhanced by ceramic tile flooring throughout, updated lighting, and a clean, cohesive feel. The kitchen is both stylish and functional, featuring solid wood cabinetry, granite countertops, and newer appliances. Just off the kitchen, a versatile bonus space offers flexibility for a home office, study area, or additional living space. The home offers three spacious bedrooms, including a comfortable primary suite, along with two and a half baths. The recently updated guest bathroom adds a fresh, modern touch. Step outside to a private, (2023) vinyl fenced in backyard designed for both relaxation and versatility.There's a designated area at the back of the double gate boat or toy secure parking area for future Sheshed or Mancave with water and sewer pre-plummed under concrete and ready to connect. A spacious patio and an extended concrete pad with electrical already in place provide the perfect setup for a future hot tub or outdoor retreat. The expanded concrete parking area offers ample space for multiple vehicles, boats, or recreational equipment, while the low-maintenance landscaping helps reduce ongoing upkeep. Set on an oversized lot with room to expand, this property also features no HOA and is located in a non-flood zone (Zone X), offering both flexibility and long-term value. For buyers seeking a move-in ready home in a class A rated school zone with close proximity to some of Pinellas County’s best beaches, this property delivers on location, lifestyle, and value.
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.
