Welcome to Tiffany Court, this beautifully upgraded Gulf-access waterfront home tucked away on a quiet cul-de-sac truly feels like home. Situated on a wide 200’ canal, this property offers expansive water views, added privacy, and exceptional indoor-outdoor living. Featuring 3 bedrooms plus a den or optional 4th bedroom and 2 updated bathrooms, the home is designed for both everyday comfort and entertaining. Furnishings are negotiable, offering flexibility for buyers. A standout feature is the layout with what we refer to as two primary suites, positioned on opposite sides of the home for ideal privacy, with a door creating a true suite-style setup. One suite functions perfectly as a private in-law space or income-producing Airbnb opportunity, providing versatility for extended family, guests, or rental potential. Boating enthusiasts will appreciate the direct Gulf access with just a 10-minute ride to the Caloosahatchee River, offering quick access to open water. The property features an impressive 95’ oversized seawall along with a spacious 30’ x 40’ dock, ideal for accommodating your vessel, plus a 10,000 lb boat lift with canopy for added convenience and protection. The north-facing rear exposure provides comfortable sun throughout the day, while offering a front-row seat to Cape Coral’s vibrant waterfront lifestyle—enjoy watching dolphins, daily boat traffic, and even the renowned Christmas Boat Parade right from your backyard. Just a 2-minute boat ride brings you to the brand new Bimini Basin waterfront dining destination. Inside, the home has been thoughtfully updated with a refreshed kitchen featuring new cabinetry and appliances, along with stylishly updated bathroom vanities. All windows and doors have been replaced with hurricane-rated upgrades, including 6-foot sliders in both guest bedrooms and two 12-foot sliders in the dining area, creating seamless indoor-outdoor flow and maximizing natural light throughout. Step outside to your stunning oasis featuring a heated saltwater pool with bench seating and jets. The expansive 23’ x 60’ screened-in lanai with travertine pavers creates a resort-style setting ideal for outdoor dining, lounging, and gatherings. Additional features include a private patio off the primary suite, fenced side yard access, lush tropical landscaping, and added flood protection enhancements for peace of mind. Located just 2 miles from Downtown Cape Coral and near the Yacht Club, you’ll enjoy easy access to dining, shopping, entertainment, and waterfront attractions. By boat, you are just a short ride to the world-famous barrier island beaches. A rare opportunity to own a move-in-ready waterfront home on Bimini Basin, where the Southwest Florida lifestyle meets exceptional investment potential.
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.
