Virtually Staged. Welcome to an architectural masterpiece offering unparalleled coastal living in Apollo Beach’s premier waterfront community. This stunning 4-bedroom, 6-bathroom estate masterfully combines grand Mediterranean elegance with modern luxury, presenting a lifestyle of pure sophistication, deep-water access, and breathtaking panoramic views. From the moment you step through the majestic double wrought-iron entry doors, you are greeted by a soaring two-story great room framed by a massive wall of windows that floods the space with natural light and captures prime views of the water. The gourmet chef’s kitchen is a culinary dream, equipped with a premium Wolf professional gas range, Sub-Zero refrigeration, a sprawling central island, and high-end custom cabinetry. Seamlessly transition outdoors to your private backyard paradise, featuring a sparkling waterfront pool, an integrated stone-tiled spa, a fully equipped summer kitchen with a premium built-in grill, and an expansive private dock ready for your boat with effortless, direct access to Tampa Bay. Designed for ultimate flexibility and generational privacy, this estate features dual primary en-suites—one on the first level and one on the second. The first-floor primary retreat offers direct access through rear sliders to the pool deck, dual custom walk-in closets, and a spa-like bathroom, while the secondary upstairs bedrooms open to sprawling private balconies. Navigating this multi-generational estate is effortless thanks to a private elevator servicing the floors. For premier entertaining, the home boasts a dedicated home theater room for movie nights, an exclusive wine cellar to house your private collection, and the ultimate coastal feature: a spectacular crow’s nest providing 360-degree views of breathtaking Florida sunsets. Situated in Andalucia—Apollo Beach's premier gated waterfront community featuring 24-hour security, a yacht club, tennis courts, Jetty and a private clubhouse directly on the bay—this home offers a rare opportunity to live the ultimate vacation lifestyle every single day.
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.
