10088 Paradise Blvd, Treasure Island, FL 33706
3 beds · 2 baths · 2,080 sqft
Here is the opportunity you have been waiting for! Have you been searching for that perfect sunset view on Paradise Island? This quarter-acre prime lot is set back from the street, ensuring both privacy and seclusion, making it a rare gem on this coveted island. Though impacted by Hurricane Helene like all properties here, this residence offers a world of possibilities—whether you choose to remediate, lift, or rebuild your dream elevated home, the potential is endless. Enjoy the island’s 9-hole golf course, and numerous tennis courts. This home was and can be truly remarkable again with its top-tier features making it the perfect choice. Modern Conveniences such as a Tesla charger, hurricane-rated garage door, water softener, and elevated garage storage. New Metal Roof (2019) and All-New hurricane windows and sliders for added resilience. The Designer Kitchen was beautifully crafted by a professional design firm and offers premium cabinetry that could easily be retained in a remediation. Elegant Interiors include gorgeous tile flooring, plantation shutters, solar blinds, and phantom screens that add sophistication to every room. Outdoor Luxury is where this property shines with a complete pool remodel with premium heat-resistant silver-gray travertine that surrounds the pool, blending seamlessly with the professionally landscaped yard filled with native Florida plants. This home is extremely entertainment-friendly where you can open the sliders and use the retractable screens to enjoy the ocean breezes at any moment. The kitchen can be easily put back together and features a Bertazzoni Italian stove hood, just add the matching range and you are back to enjoying this gourmet kitchen. The property also features a large indoor laundry room with upper cabinetry. This property features a 10,000 lb. boat lift and a dock with a durable composite deck, making waterfront living effortless. The paver driveway, extended with a side drive, offers ample space, perfect for storing a Class C travel van or extra vehicles. Treasure Island offers a charming, self-contained community with a quaint downtown, and exciting new developments are on the horizon, including the new city hall. Recreation abounds here, with the Treasure Bay Golf and Tennis Club, the John Morroni Memorial Dog Park, and multiple boat ramps. Residents enjoy convenient access to local favorites, like the historic Key West Sloppy Joe’s, a Publix grocery store, and a beach boardwalk—all within a short stroll or golf cart ride. Paradise Island offers the best in luxury living and a prime location with easy access on and off the island, away from Gulf Blvd. and its tourist traffic. Embrace the tranquility and elegance of Paradise Island, where your sunset oasis awaits! This is Florida Living at its Finest!
Source: STELLAR #tb8319205
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8319205
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.
How can you find assumable mortgage listings?
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 “Get Notified” 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.
How do I qualify for an assumable mortgage?
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.
MLS ID: #tb8319205
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.