10263 GANDY BLVD N APT 209 # 209, Saint Petersburg, FL 33702
Welcome to this charming 1-bedroom, 1-bathroom condominium conveniently located nearby both the St. Pete-Clearwater airport and Tampa international airport, as well as downtown Tampa, downtown St Pete, dining, and shopping. Situated within the Itopia Private Residences Condo community, this unit gets lots of natural sunlight from the 2 glass sliding doors leading to the screened in front porch with beautiful water views of the lake . This 753 square foot home offers a comfortable living space with an open floor plan and lovely laminate flooring throughout the dining and living areas. The kitchen features ceramic tile flooring, new cabinets, butcher block counters, and an oversized stainless steel sink. The primary bedroom boasts ceramic tile flooring, a walk-in closet, and an en-suite bathroom with a tub/shower combination. Enjoy serene lake views from your private screened balcony, ideal for relaxing evenings or morning coffee. This condominium community offers numerous amenities, including a clubhouse, fitness center, tennis courts, and a community pool for relaxation and recreation. Monthly HOA fees of $496 cover various services such as cable TV, internet, pest control, security, and maintenance of exterior grounds. Whether you're looking for a primary residence or a seasonal retreat, this condo presents a fantastic opportunity. Don't miss out—schedule your showing today! Room Feature: Linen Closet In Bath (Primary Bedroom).
You may be able to put down less than the total down payment amount of $16,393 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #u8240406