One or more photo(s) has been virtually staged. 508 Winterside Drive, Apollo Beach, FL 33572 | 3 Bedrooms | 2.5 Bathrooms | 2,420 Sq Ft | MiraBay Located in the gated waterfront community of MiraBay in Apollo Beach, this 3-bedroom, 2.5-bathroom home offers over 2,400 square feet of thoughtfully designed living space paired with the lifestyle amenities buyers are searching for in Tampa Bay real estate. Built in 2014 and positioned on a landscaped homesite with a detached two-car garage, the property blends functional living with coastal-inspired architecture and modern interior updates. The first floor features engineered hardwood flooring throughout the main living areas and an open-concept layout designed for both everyday comfort and entertaining. The kitchen serves as the centerpiece of the home with stone countertops, a large center island, pantry storage, upgraded backsplash, stainless steel appliances, natural gas connection, and an adjacent breakfast nook overlooking the spacious living room. High ceilings, ceiling fans, and abundant natural light enhance the open feel throughout the main level. A dedicated first-floor office provides flexible space for remote work, study, or additional living needs. Upstairs, all bedrooms are privately situated on the second level, including a spacious primary suite with a walk-in closet and an ensuite bathroom featuring dual vanities, a soaking tub, separate shower stall, and private water closet. A versatile second-floor loft or bonus living area creates additional flexibility for a media room, playroom, or secondary lounge space. The upstairs laundry room adds convenience and functionality to the layout. Outdoor living includes both a covered front porch and a rear covered patio with additional outdoor space for relaxing or entertaining. The home also features a newer roof installed approximately 1 ago, offering added value and peace of mind for future homeowners. Residents of MiraBay enjoy access to resort-style amenities including a clubhouse, fitness center, community pool, tennis courts, parks, playgrounds, golf cart-friendly streets, and waterfront features such as fishing, docks, water access, and boating opportunities. Conveniently located near shopping, dining, marinas, waterfront restaurants, and major commuter routes to Tampa, St. Petersburg, Sarasota, and MacDill Air Force Base, this Apollo Beach home offers the ideal combination of coastal lifestyle, community amenities, and modern comfort.
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.
