76 Sanford St, Saint Augustine, FL 32084
5 beds · 4 baths · 2,735 sqft sqft
Discover the timeless beauty of St. Augustine with this stunning property at 76 Sanford Street! Nestled in the heart of the nation's oldest city, this charming home offers the perfect blend of historic character and modern comfort, making it an ideal choice for a primary residence, vacation getaway, or lucrative investment property. It's high and dry and completely remodeled in 2018. The home is sold fully furnished and is a very popular active short-term rental. Located in the highly sought-after historic district, just steps from St. George Street, the Castillo de San Marcos, and the best dining, shopping, and cultural experiences of St. Augustine. Featuring original architectural details, hardwood floors, and period features that beautifully reflect the rich history of this unique city. Spacious and Inviting - With multiple bedrooms, generous living spaces, and a light-filled interior, there's plenty of room to relax and entertain. Private Pool Outdoor Oasis - Enjoy a peaceful, fenced backyard with a pool, large paver patio, perfect for alfresco dining, or simply soaking up the Florida sunshine. Turnkey property - Impeccably maintained and updated with modern amenities, while preserving the home's historic character. Investment Potential - Perfect for short-term rentals, with its unbeatable location in one of Florida's most popular tourist destinations. Maintain your fitness routine in the private gym complete with two treadmills, free weights, and yoga mats. Additional perks include a Tesla vehicle charger. Embrace the magic of St. Augustine and make this historic gem your own! Whether you're looking to live full-time, host guests, or expand your investment portfolio, 76 Sanford Street offers endless possibilities in a city that captivates all who visit.
Source: REALMLS #2046183
You may be able to put down less than the total down payment amount of $549,708 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Interest rate and monthly payment estimated based on public records.
Source: REALMLS #2046183
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
What is Roam?
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.
What is an assumable mortgage?
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.
Why is an assumable mortgage valuable?
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #2046183
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