702 Whitehurst Rd, Plant City, FL 33563
3 beds · 1 baths · 744 sqft
Under contract-accepting backup offers. Charming Home with Endless Possibilities – Zoned for Residential or Commercial Use. This versatile property is zoned C-1A, offering the unique opportunity to use it as a cozy residence—as it has been—or for commercial purposes, depending on your vision. With solid bones and a layout that feels more spacious than its 744 square feet, this home is ready for your personal touch. Sitting on a generous one-third acre lot, there's ample room to expand, entertain, or create your dream outdoor space. Inside, the home has been used as a 3-bedroom, 1-bath setup, with one bedroom featuring a closet. Whether you're a first-time buyer, an investor, or someone looking to add value through renovation, this property is full of potential. Additional highlights include a carport, space for boat or RV parking, and multiple storage options. Located within proximity to a major supermarket, Parkdale Farmer’s Market, and the Strawberry Festival fairgrounds, this home offers both convenience and charm. Don’t miss this incredible opportunity to create value in a well-located, multi-use property! ALL OFFERS CONSIDERED!!
Source: STELLAR #TB8373943
Source: STELLAR #TB8373943
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.