Experience the relaxed coastal lifestyle of Scenic Highway 30A at this beautifully furnished home in the charming Serenity at Dune Allen community in Santa Rosa Beach, Florida. Situated on a spacious corner lot, this thoughtfully designed 3-bedroom, 2.5-bath beach home with a two-car garage offers an ideal opportunity for a primary residence, second home, or income-producing vacation rental along Florida's Emerald Coast.This floor plan features an inviting open layout with 10-foot ceilings on the first floor, creating a bright and airy living space perfect for coastal living and entertaining. The well-appointed kitchen showcases white cabinetry, granite countertops, coastal backsplash, stainless steel appliances, a gas cooktop, built-in oven and microwave, and a large center island that anchors the space. The living and dining areas open to the welcoming front porch complete with a swing, providing the perfect spot to enjoy morning coffee or unwind after a day at the beach. The second-floor primary suite features access to a private balcony and a spa-inspired bathroom with dual vanities, a walk-in shower with rain shower head, and seamless glass enclosure. Down the hall you'll find a guest bedroom and bathroom, along with a custom built-in coffee station added for added convenience and charm. The third-floor bedroom is impressively spacious and flexible, offering room for additional sleeping space, a bunk room, home office, or playroom. This home is being sold fully furnished and professionally decorated, making it truly turnkey and rental-ready. Select Wolf appliances and upgraded furnishings enhance the overall quality and comfort of the home. Designed with the beach lifestyle in mind, the property also includes an outdoor shower, perfect for rinsing off after a day in the Gulf, along with a storage closet ideal for beach chairs and gear. Residents of Serenity at Dune Allen enjoy picturesque brick-paver streets and a community pool, all within a short walk or bike ride to the Gulf. Located on the peaceful west end of 30A, the home is also just minutes from the dining, shopping, and entertainment at Gulf Place Town Center, scenic biking and walking trails along 30A, and the natural beauty of Topsail Hill Preserve State Park. With short-term rentals allowed, this property offers excellent potential as a vacation rental investment while still providing the comfort and space of a full-time residence or second home. Whether you're looking for a coastal primary residence, a second home along 30A, or a turnkey investment property in Santa Rosa Beach, 9 Constant Avenue offers the perfect blend of location, lifestyle, and income potential in a desirable beach community.
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.
