525 Southport Dr, Longwood, FL 32750
3 beds · 2 baths · 1,753 sqft
Under contract-accepting backup offers. This is not your typical home. This one has tons of nice, well thought out upgrades and is super energy efficient! Welcome to 525 Southport Drive in beautiful Longwood, where modern upgrades meet thoughtful design in this fully remodeled, energy-efficient home. From the moment you walk in, you'll appreciate the open and airy floor plan, enhanced by the removal of the original fireplace and the addition of a skylight that floods the space with natural light. The spacious living areas flow seamlessly into a stunning, remodeled kitchen featuring newer stainless steel appliances, custom pull-outs, efficient cabinetry, and ample storage—perfect for everyday living and entertaining. The home includes numerous major upgrades for peace of mind, including double-paned windows and sliding glass doors (2015), complete re-plumb, a new HVAC system (2022), updated hot water heater (2015-2016), a new roof (2020), and pool solar panels (2020). Best of all, the home comes with paid-off solar panels, offering incredible energy savings with an average electric bill of only $70 per month thanks to solar net metering. Step outside to enjoy a fully fenced backyard (8-ft privacy fence installed in 2020) and a sparkling pool, creating your own private oasis. Inside, the updates continue with continuous luxury vinyl plank flooring throughout, tall baseboards, tasteful window treatments, and an indoor utility room. The primary bathroom is a standout feature, fully remodeled with a modern vanity area and private entry, offering a level of detail and convenience that sets this home apart. Every inch of this home has been carefully designed with today’s buyers in mind, making it truly move-in ready. And did we mention that there is no HOA? Don’t miss this exceptional opportunity to own a beautifully upgraded home in a fantastic Longwood location!
Source: STELLAR #O6308582
Source: STELLAR #O6308582
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.