Welcome to a boater’s paradise perfectly paired with refined coastal living. Located on the Interceptor Lagoon waterway, this stunning sailboat-access waterfront home offers a direct route to the Gulf, making every day feel like a vacation. From the moment you arrive, this home impresses with its tile roof, PAID OFF solar panels, paver driveway, screened entryway, and lush, mature landscaping that sets the tone for what lies within. This meticulously designed 3-bedroom, 2.5-bath residence with a den is rich in high-end finishes, including impact windows and doors, plantation shutters, 8’ interior doors, 7¼” baseboards, crown molding, tray and coffered ceilings, and quartz countertops throughout. Added upgrades such as foam insulation over the home & garage and a central vacuum system elevate both comfort and efficiency. Step through the double French doors into a freshly painted, split-bedroom floor plan where the great room welcomes you with lit coffered tray ceilings, engineered hardwood floors, custom built-in shelves, and expansive 8’ sliders that frame peaceful lagoon views. Decorative columns add architectural charm, seamlessly flowing into the heart of the home. The chef’s kitchen is both stylish and functional, featuring porcelain tile floors, propane Viking appliances, soft-close cabinetry, a breakfast bar, and a rare pocket-door butler’s pantry complete with additional counter space, microwave, and beverage fridge. The adjoining dining room stuns with a lit double tray ceiling and a dramatic zero-degree slider, opening the home effortlessly to the lanai for true indoor-outdoor. The primary suite is a private retreat, boasting hardwood floors, a lit double tray ceiling, and a custom-built-in illuminated reading arch. The spa-like en suite bath features a large walk-in tiled shower, clawfoot soaking tub, dual quartz vanities with soft-close cabinetry, and a spacious walk-in closet. Two additional bedrooms are generously sized with tile floors, ceiling fans, and plantation shutters. The second bathroom offers a glass-enclosed walk-in shower, quartz vanity, and elegant oil-rubbed bronze fixtures. A versatile den with hardwood floors, double doors, a fan, and shutters makes an ideal office, media room, or guest space. The laundry room continues the home’s cohesive design with ample cabinetry and a quartz sink. The 2-car garage is finished with epoxy flooring and includes a hung storage cabinet system, offering both style and practicality. Step outside to what may be the home’s greatest showstopper—the expansive under-truss screened lanai with tray ceilings, designed for ultimate outdoor enjoyment. This space features a heated saltwater pool and spa with water feature and sun shelf, a striking built-in fire wall, and a fully equipped outdoor propane kitchen with vented hood, RCS grill, mini fridge, quartz sink, and ample prep space. A nearby pool-access half bath adds convenience. Beyond the lanai, enjoy an outdoor shower, an oversized backyard, and sweeping views of the lagoon waterway. Boaters will love the composite dock with new caps, rope, complete with electric, water, and a 10,000 lb boat lift. The irrigation system pumps directly from the lagoon, keeping the grounds green and lush year-round at no cost! This exceptional waterfront home seamlessly blends luxury, efficiency, and the ultimate Florida boating lifestyle—a rare opportunity to own sailboat water with Gulf access and resort-style living right in your backyard!
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.
