**Spacious End-Unit Townhome with No CDD Fees & Two-Car Garage in Prime Location** Welcome to this rare, hard-to-find, end-unit townhome offering 1,740 sq. ft. of living space, where comfort and convenience meet. Enjoy the luxury of no CDD fees while taking advantage of an array of modern features and upgrades. This beautiful home boasts a two-car garage, perfect for both storage and parking convenience. The first floor is highlighted by luxury vinyl flooring throughout, creating a sleek and low-maintenance space. The bright, open kitchen offers an abundance of cabinetry, generous pantry storage, and plenty of room for a dining table—ideal for family gatherings or casual meals. Adjacent to the kitchen, the spacious family room is enhanced by large sliding patio doors that lead out to a private, screened and covered lanai—your perfect spot to unwind and enjoy the tranquil Florida evenings. Upstairs, you’ll find two large bedrooms, each offering ample closet space, with private bathroom access off the primary suite. A versatile loft area, currently set up as a home theater room, can easily be transformed to fit your needs—whether that’s another bedroom, a home office, or a gym. The possibilities are endless! Key updates to the home include all-new impact hurricane-rated windows (2024) on the second floor, upgraded AC/HVAC unit, recent roof replacement, as well as fresh exterior stucco and painting. Located in a prime area with easy access to a wide variety of restaurants, shopping, and beautiful beaches. Plus, you’ll love being adjacent to Lurie Park, which offers scenic walking paths, a dog park, playground, and sports courts—everything you need for an active and vibrant lifestyle. The HOA covers exterior maintenance, the roof, pool facilities, and grounds—making this the perfect low-maintenance home for anyone seeking a comfortable, hassle-free lifestyle. Availability of homes in this sought-after community do not last! Don't miss out on this exceptional townhome in a prime location. Schedule your tour today! All information to be verified by all buyers and buyer's agents as it was gathered from public records. Subject to Errors and Omissions.
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.
