Stunning 3/3 2 car garage pool home in beautiful Tierra Verde. As you enter the home the vaulted ceilings immediately open up the living space. Nice open area with kitchen, and 2 living areas, with a separate dining area. The primary bedroom is on the first floor, which is very spacious with sliding doors leading out to the pool from the bedroom. There is a large custom made walk- in closet with additional space for storage. The primary bathroom is massive with a unique wrap around double sink and vanity. The bathroom was updated with a stand up shower, tiling, and a garden tub. There is a separate water closet, which is very convenient. Hurricane impact sliders lead out to your own personal oasis. A large and extended, covered patio area with a newly screened bird cage in 2025. Large pool with a spa that was resurfaced with Pebble Tec in 2017, re-piped with new plumbing in 2025, and a brand-new pool filter in 2025. Suburban gas tank and pool/ jacuzzi water heater in 2022, enjoy using the pool year- round. A peaceful and tropical landscaping surrounding the backyard helps provide privacy and a feeling of living in your own personal resort. There are multiple (5) access points to the pool. Spacious and open kitchen with stainless steel appliances, granite countertops, a new Bosch dishwasher in 2025, and new built in microwave 2024. The kitchen opens up to the second living room/den area. This is a multi- purpose room with endless uses and a large space to utilize. The 3rd bathroom is adjacent to the 2nd living room, leading out to the pool. There is an interior laundry room that is directly off of the kitchen with a sink and storage area. Many updates in the home include a new tile roof in 2025. No worries of having any roof issues for decades. Newer hurricane- impact windows and doors throughout the home, along with a new garage door in 2021, providing peace of mind and improved energy efficiency. The plantation shutters are great for providing superior light control, enhanced privacy. A timeless and elegant aesthetic for any home. The average monthly Duke bill is $210. A new paver driveway was installed in 2020, and the garage floor was epoxy-coated in 2022. All bathrooms were completely updated in 2017. There is also a water softener system and water purification for drinking water. Upstairs boasts 2 bedrooms and 1 bathroom with space for a desk/work station in the extended hallway. A Smart Tint door provides privacy at night by the flick of a button to prevent anyone from seeing in or lights from coming through the door. Welcome to the serene lifestyle of paradise that is Tierra Verde. Just minutes away from world class beaches, St. Pete Beach, Pass- A- Grille and easy access to vibrant downtown St. Pete. This utopia of island living is located perfectly. Isla Del Sol Yacht & Country Club is just down the road, which offers a top-rated golf course along with tennis, pickleball, high-end dining, and many social events. Tierra Verde is packed with popular restaurants that range from highly rated to very casual, giving you options for any occasion. Tierra Verde is minutes from Fort De Soto, which boasts renowned beaches, biking trails, campgrounds, and first-class kayaking and paddleboarding. Bring your dogs to the waterfront dog park and enjoy the grounds of the historic fort. No damage or flooding from the storms at all, well situated and built up. Assumable VA loan for qualified veterans at 2.75%.
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.
