Welcome to this beautifully updated home located within the gated community of Mira Lago West — one of Ruskin’s most established and amenity-rich communities within Tampa Bay’s rapidly growing South Shore corridor. Inside, this spacious home offers a flexible and functional layout designed for modern living. Near the front of the home, the formal living room creates the perfect opportunity for a home office, playroom, sitting room, or flex space depending on your needs. The main living area opens into a spacious family room and dining area combination, creating an ideal setup for both everyday living and entertaining. The beautifully updated kitchen was renovated in 2021 and features elegant Silestone Quartz countertops, wood cabinetry, updated appliances, a walk-in pantry, and durable wood-look porcelain tile flooring that extends throughout the downstairs living areas, offering both style and practicality. A separate laundry room conveniently connects to the attached two-car garage. Upstairs, the oversized loft/common area provides even more versatility and could easily function as a second living room, media space, office, or play area. The oversized primary suite offers an impressive retreat with abundant space, a large en-suite bathroom, and generous walk-in closet, while the additional bedrooms are all comfortably sized and offer flexibility for family, guests, or workspace needs. Outside, the huge vinyl-fenced backyard provides plenty of room to relax, entertain, play, or create your ideal outdoor living space. Major updates have already been completed for peace of mind, including a NEW ROOF and gutters in 2026, irrigation upgrades and smart light switches in 2025/2026, and exterior stucco and paint in 2023. The HVAC, water heater, downstairs bathroom renovation, vinyl privacy fence, interior paint, downstairs flooring, lighting, and multiple appliance updates were all completed between 2019-2022. With so many of the home’s major components and cosmetic improvements already taken care of, buyers can move in and enjoy the home without immediately worrying about costly repairs or deferred maintenance. Perfectly positioned near I-75 and US-41, this location offers convenient access to Tampa, MacDill Air Force Base, downtown St. Petersburg, Sarasota, waterfront dining, marinas, boat launches, shopping, dining, and Gulf beaches. Ruskin has become an increasingly popular choice for buyers seeking more space and value while remaining within reasonable commuting distance to both Tampa and St. Pete. Major healthcare facilities are also easily accessible, including HCA Florida South Shore Hospital, St. Joseph’s Hospital-South, Tampa General Hospital, and Johns Hopkins All Children's Hospital. Combining extensive updates, flexible living spaces, major system improvements, and an ideal location within Tampa Bay’s rapidly growing South Shore corridor, this move-in ready home offers exceptional value, space, and convenience. Residents of the gated Mira Lago West community also enjoy access to resort-style amenities including a community pool, clubhouse, basketball courts, playground, scenic lakes, and sidewalks throughout the neighborhood, all while benefiting from LOW HOA and CDD fees and the added advantage of being located in Flood Zone X! Offering the perfect balance of comfort, functionality, community amenities, and commuter convenience - this home is ready to welcome its next owners!
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.
