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53 Yacht Club Dr NE # 8, Fort Walton Beach, FL 32548
3 beds · 4 baths · 2,926 sqft
BEAUTIFUL waterfront townhome with amazing views overlooking Cinco Bayou, frequent dolphin sightings, inspiring sunrises, and just a short boat ride to Crab Island and the Gulf! Open concept floor plan with wonderful appointments, striking architectural features such as crown molding, high ceilings, wall-to-wall windows, wood-burning fireplace, herringbone floor tile, and balcony. Gourmet kitchen with quartz countertops, Viking stainless steel appliances, to include double ovens, an island with beverage fridge, breakfast bar and kitchen nook. Spacious master suite with fantastic water views and his and hers closets. Master bath has large walk-in shower with dual heads, sky lights, and separate toilet room. The first floor has a private guest suite or office with full bath, walk-in closet, and cozy fireside patio overlooking the bayou. Unit has it's own dock and boat lift. Great location close to the yacht club, parks, shopping, restaurants, schools and military bases. Oversized 1 car garage and Impact resistant windows. Also, this home is being sold with the exquisite furniture and decor making it the perfect turnkey vacation-ready escape!
Source: EMERALDCOAST #976009
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: EMERALDCOAST #976009
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.
No credit check. Takes 2 minutes.