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54 Country Club Dr E, Destin, FL 32541
3 beds · 3 baths · 2,146 sqft
Corner-Lot Home with Pool (and a history) in desirable Indian Bayou!This beautiful residence is built around a private outdoor oasis, designed for year-round enjoyment. Relax and entertain in style with your own private pool, gazebo, outdoor kitchen and bar, all nestled among lush tropical landscaping. A bright Florida room overlooks the pool and expansive deck--ideal for seamless indoor/outdoor living.Inside, the home blends comfort and sophistication with extensive custom woodwork, a wet bar, and a spacious layout. The primary suite is a true retreat, featuring his and hers bathrooms, each with separate dressing areas and generous closet space. Plantation shutters grace the dining room and bedrooms, adding timeless elegance. Average monthly electricity cost of $30! Exceptional! Offering approximately 2,400 square feet of living spaceincluding the sunroomthis home is ideal for those who love to entertain or simply enjoy a peaceful, resort-style setting right at home. Footnote: A Legendary Hideaway with a Story to Tell... Built in 1979 for country music's original outlaw, Johnny Paycheck, this one-of-a-kind Destin home is now on the market! Known for his hit "Take This Job and Shove It", Paycheck hosted some of the town's most unforgettable parties right hereand the home still echoes with that spirit of fun and freedom. Designed for entertaining, the backyard is an adult playground complete with a sparkling pool, hot tub, gazebo, summer kitchen, and wet bareverything you need to live it up like a country legend. Offered at just $695,000, this piece of musical history could be your next great escape.
Source: EMERALDCOAST #978094
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
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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 #978094
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.
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