Welcome to The Regency Condos, a hidden gem in the heart of South Fort Myers where convenience, comfort, and classic Florida living come together. This beautifully maintained two-story townhome offers 1,010 sqft of living space, 2 bedrooms, 1.5 bathrooms, and a private fenced courtyard — all just minutes from the beaches, shopping, and dining that make this area so desirable. Step inside to a light and airy open-concept layout designed for easy living. The kitchen flows seamlessly into the dining area and spacious living room, creating the perfect space for relaxing or entertaining. Sliding glass doors lead to your private fenced courtyard — a quiet retreat ideal for morning coffee, grilling, or soaking up the sunshine. The first floor features durable tile and vinyl flooring, a convenient half bath, and a laundry area tucked inside for added ease. Upstairs, you’ll find two comfortable bedrooms and a full bathroom. The primary bedroom opens to a balcony overlooking the courtyard and the beautifully landscaped community grounds — complete with tranquil fountains and tropical greenery. Both bedrooms feature large closets for plenty of storage. This townhome is being sold fully furnished and move-in ready, making it an ideal choice for those seeking a turnkey residence or an easy seasonal escape. As an added bonus, the property is rented from January through the end of April, offering built-in income potential for the new owner. The Regency Condos are known for their relaxed, resort-style atmosphere and friendly community feel. Residents enjoy access to an impressive lineup of amenities, including a heated pool and spa, large tiki hut perfect for gatherings, shuffleboard courts, fitness room, and multiple BBQ areas. There’s also a clubhouse with billiards, vehicle wash area, and community laundry facilities. Whether you’re lounging by the pool, hosting under the tiki hut, or enjoying the tropical landscaping, life at The Regency feels like a year-round vacation. Located just off Winkler Road near Cypress Lake Drive, this home offers unbeatable access to all that Fort Myers has to offer. You’re only a short drive from Sanibel and Fort Myers Beach, Bell Tower Shops, golf, restaurants, and medical centers — everything you need is right at your fingertips. Despite its central location, the community remains peaceful and private, tucked away in a beautifully maintained setting. With low HOA fees, a prime South Fort Myers location, and resort-style amenities, this townhome offers incredible value for the price. Whether you’re looking for a full-time residence, a seasonal escape, or an investment property, The Regency delivers the best of Florida living with comfort, style, and convenience built in. Come see why so many love calling The Regency home — where every day feels like paradise in Fort Myers.
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.
