FULLY REMODELED | MOVE-IN READY | PRIME LARGO LOCATION | NO HOA | FLOOD ZONE X. Welcome to 749 Palm Ave in Largo, Florida, where thoughtful renovations, quality craftsmanship, and an unbeatable location come together to create an exceptional opportunity to own a beautifully updated home in the heart of the City of Largo. Situated on a large corner lot, this fully remodeled 3-bedroom, 1-bathroom single-family home offers 1,196 sq ft, a screened-in lanai, covered carport, and an expansive driveway with ample parking, while still providing plenty of room for a future addition, detached garage, pool, or potential expansion. From the moment you step inside, you’ll immediately appreciate that this is not a quick cosmetic renovation completed on a flip budget. The extensive improvements throughout the home were completed with true pride of ownership, care, and attention to detail, creating long-term value and peace of mind for the next owner. The interior showcases updated wood-like PLANK flooring flowing throughout the home, fresh finishes, abundant natural light, NO popcorn ceilings, and new interior doors, giving the home a clean, modern, and move-in ready feel. The heart of the home is the fully remodeled kitchen, renovated down to the studs (per seller) with both style and functionality in mind. Featuring updated shaker style cabinetry, stainless steel appliances, modern plumbing fixtures, generous countertop space, and a breakfast bar overlooking the family room, the layout creates the perfect setting for entertaining guests or enjoying everyday living. The fully renovated bathroom has also been beautifully redesigned and includes a dual vanity, updated plumbing fixtures, and a stunning walk-in shower with floor-to-ceiling tile, delivering a polished and upscale aesthetic. Major ticket items have already been completed, offering tremendous value and confidence to future homeowners, including IMPACT WINDOWS (2020–2021), NEW A/C, DUCTWORK & INSULATION (2024), ROOF (2018), and HOT WATER HEATER (2018). Additional exterior improvements include fresh exterior paint, updated soffits designed to improve drainage, and an upgraded French drain system. Location is everything, and 749 Palm Ave delivers exceptional convenience and lifestyle appeal. Enjoy being just minutes from world-renowned sugary sand Gulf beaches, including nearby coastal destinations and the award-winning shoreline of Clearwater Beach. Experience the exciting energy of up-and-coming Largo, known for its continued growth, revitalization, local dining, shopping, entertainment, and strong sense of community. Outdoor enthusiasts will love being close to Taylor Park, offering scenic walking trails, waterfront views, playgrounds, and recreational opportunities, while convenient access to shopping, schools, restaurants, parks, and major commuter routes makes everyday living effortless. For investors, this property also presents an attractive opportunity as a potential rental property within the City of Largo (Buyer to independently verify rental restrictions, permitting requirements, and intended use with the City of Largo). Move-in ready homes with this level of renovation, major system updates, lot size, flexibility, and prime location are increasingly hard to find at this price. Schedule your private showing today before this Largo gem is gone!
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.
