Luxury waterfront homes in St. Petersburg rarely include this combination of location, lifestyle, and value—and opportunities like this do not stay available for long. Centrally located between 3 incredible marinas, Loggerhead Marina, Maximo Marina and Tierra Verde Marina, this home is a boaters dream. Welcome to an exceptional waterfront home in St. Petersburg, Florida, perfectly positioned on an oversized corner lot within one of the area's most exclusive private communities. Showcasing breathtaking water views, resort-style amenities, and an ideal location for boating enthusiasts, this stunning 4-bedroom, 3-bathroom residence embodies the very best of Florida waterfront living. From the moment you arrive, you'll appreciate the home's impressive curb appeal, highlighted by a durable tile roof, mature tropical landscaping, and elegant architectural details. Inside, a thoughtfully designed floor plan offers expansive living spaces ideal for both entertaining and everyday living. The formal dining room, spacious family room, and open living room with a statement fireplace create a warm and inviting atmosphere, while oversized sliding glass doors capture abundant natural light and showcase beautiful waterfront views throughout the home. The gourmet kitchen is designed with both style and functionality in mind, featuring granite countertops, an induction cooktop, custom built-in cabinetry, and seamless flow into the main living areas. Whether hosting gatherings or enjoying a quiet evening at home, the layout is perfectly suited for today's luxury waterfront lifestyle. The private primary suite serves as a true owner's retreat, complete with French doors leading to a secluded waterfront terrace where you can enjoy morning coffee while taking in tranquil water views. The spa-inspired en-suite bathroom offers a soaking tub, separate shower, private water closet, and custom built-ins for exceptional storage and convenience. Adding flexibility and value, the ground-level in-law suite provides the ideal space for visiting guests, multigenerational living, a private home office, or executive workspace. Step outside to your own private waterfront oasis. Designed for year-round enjoyment, the outdoor living space features a sparkling in-ground pool, covered lanai, fenced backyard, private terrace, and custom putting green—all perfectly positioned to maximize the stunning waterfront setting and spectacular Florida sunsets. This outdoor retreat delivers the indoor-outdoor lifestyle that makes St. Petersburg waterfront real estate so highly sought after. For boating enthusiasts, this prime location is just minutes from Freedom Boat Club, multiple sought-after marinas, boat ramps, waterfront dining, and easy access to Tampa Bay and the Gulf of Mexico, making it effortless to enjoy fishing, boating, paddleboarding. Conveniently located near downtown St. Petersburg, award-winning beaches, waterfront parks, shopping, dining, and entertainment, this exceptional property is the perfect blend of luxury, privacy, and accessibility. If you've been searching for a luxury waterfront home in St. Petersburg, a Florida waterfront property with pool, or a boater's paradise near premier marinas, this rare offering delivers it all. Combining breathtaking water views, upscale amenities, and an unbeatable location, this is more than a home—it's a lifestyle investment in one of St. Petersburg's most desirable waterfront communities.
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.
