11325 8th St E, Treasure Island, FL 33706
4 beds · 4 baths · 2,916 sqft sqft
Step into your very own tropical retreat in the heart of Treasure Island. This stunning waterfront home offers the ultimate blend of luxury and convenience, where everyday living feels like a permanent vacation. With nearly 3,000 square feet of thoughtfully designed space, the home provides an expansive and comfortable setting that’s hard to find at this price! The outdoor space is perfect for entertaining with a saltwater pool (new filter in 2023), mature palms, and lush tropical landscaping. Whether you’re hosting a BBQ in the covered grilling area, unwinding by the fire pit, or relaxing on the 50-foot dock, this home offers countless ways to savor the Florida lifestyle. Take your boat just about a mile to dock at Publix and make grocery shopping part of your adventure! Inside, the spacious owner’s suite is situated on the first floor with serene water views, while other bedrooms are thoughtfully located in the center of the home for privacy. A guest suite near the entrance comes complete with its own bathroom and walk-in closet, offering a perfect retreat for visitors. The kitchen, designed for both function and style, features dual ovens, quartz countertops, and an oversized pantry—ideal for hosting special occasions or everyday meals. Upstairs, the bonus room is a flexible space that could serve as a guest suite or entertainment area, complete with a full bath and mini kitchen all overlooking the water. Recent upgrades include a new roof (2023), hurricane French doors (2022), hurricane windows on the second floor (2021), and central heating/AC for both floors. Boating, fishing, and relaxing are at your fingertips with a 10,000lb boat lift and direct access to John's Pass and the Gulf of Mexico. Whether you're enjoying the tranquil water views from your living room or taking the boat out for a quick trip, this home offers an unmatched coastal lifestyle. You won’t just be living at the beach and enjoying its amenities – over the Intracoastal is world-class Downtown St. Petersburg, offering vibrant city nightlife, renowned restaurants, museums, and cultural attractions. You’re also conveniently located near two airports – St. Pete-Clearwater and Tampa International – for easy travel. Nearby, you'll find Johns Hopkins Hospital and other top-rated medical centers. Plus, the area is home to professional sports teams that attract fans and competitors from all over the country, making this a truly dynamic place to live.
Source: STELLAR #tb8303418
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8303418
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.
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: #tb8303418