1134 S POINTE ALEXIS DR, Tarpon Springs, FL 34689
Stunning Pond View Home in Coastal Resort-Style Community!Discover the epitome of Florida living in this exquisite Tarpon Springs home, perfectly situated in the coveted Pointe Alexis community. Plan more golf, tennis or beach time, as your HOA fee covers all your home landscaping maintenance; yard mowing, bush & tree trimming. Also covered home owning costs in the HOA fee is water, trash, sewer, internet & cable service, not to mention the community center perks! With 3 bedrooms and 2 baths, this 2014-built gem boasts an open floor plan adorned with beautiful vaulted tray ceilings, allowing for an abundance of natural sunlight to fill the space. The gourmet kitchen is a chef's delight, featuring expansive granite countertops, custom maple wood cabinets, soft-close drawers, and sleek stainless steel appliances. The split floor plan offers privacy, with a luxurious master suite that includes a master bath with double sinks, a glass-enclosed shower, and customized California Closets. Every detail of this home has been thoughtfully designed, from the upgraded tile flooring throughout to the large screened-in lanai where you can unwind and soak in serene pond views. The lush, tropical landscaping adds to the tranquil ambiance, with a yard that directly backs up to the peaceful pond. This home is not only beautiful but also functional, with a tankless hot water heater, hurricane shutters, a built-in generator that powers the entire house, and heavy-duty garage shelving for ample storage. Enjoy a maintenance-free lifestyle in this vibrant community, offering a resort-style heated Olympic-size pool with a hot tub, grill area, tennis and basketball courts, and more. The low maintenance fee covers water, garbage, sewer, cable, internet, irrigation, lawn care, and shrub trimming—everything you need for effortless living! Located just minutes from Fred Howard Park, where you can walk, bike, or kayak through a private launch to the Gulf of Mexico, this home is also conveniently close to shopping, schools, downtown, beaches, restaurants, and the famous Sponge Docks. This move-in-ready home is an opportunity you don’t want to miss! Call today for your private showing and start living the Florida dream!
You may be able to put down less than the total down payment amount of $40,223 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: #t3546653