VA loan
1 of 72
VA loan
$3,750,000

11421 Tindall Rd, Orlando, FL 32832

6 beds · 7 baths · 6,213 sqft sqft

Welcome to this extraordinary lakefront masterpiece—a 6-bedroom, 6.5-bathroom private gated estate on the serene southern shores of Lake Hart. Meticulously custom-built and elegantly renovated, this property exudes sophistication and refined elegance, coupled with relaxed surroundings, making it a true statement of luxury living. With no HOA, this estate offers unmatched privacy and freedom in the Lake Nona area of Central Florida. Step into a world of luxurious indulgence as you enter the grand foyer, where a custom marble gas fireplace welcomes you with warmth and grace. The breathtaking open layout boasts travertine floors, exquisite crown molding, and expansive lake views that invite you to experience a lifestyle of pure serenity. The brand new gourmet chef’s kitchen, adorned with high-end Viking appliances and a spacious center island, is a culinary haven perfect for gatherings and creating memorable moments. The opulent master suite is a sanctuary of elegance, featuring a spa-inspired bathroom designed to pamper and indulge. Unwind in the luxurious 10x10 walk-in shower, surrounded by custom tilework and framed by premium fixtures. Dual vanities with designer finishes, a private soaking tub, and sumptuous details throughout create a space that exudes pure sophistication. The custom-built shelving in the closets completes this retreat, offering a blend of style and functionality. The first-floor study, complete with custom built-ins, provides a tranquil workspace. The laundry room is equipped with a washer, dryer, and refrigerator/freezer, along with a separate and adjacent mudroom/drop zone featuring an additional entertainment refrigerator/freezer, adds convenience and functionality. Upstairs, four additional bedroom suites each feature private baths, complemented by a versatile bonus room that can easily transform into a media room (this is currently the in-law bedroom, living room and bathroom). A newly added game room is perfect for recreation, while large windows frame mesmerizing lake views, flooding the space with natural light. A private in-law suite above the 3-car garage ensures comfort and seclusion for guests. The oversized garage offers ample space for vehicles and toys or can serve as a professional recording studio complete with padded walls, two sound booths, and its own AC system. The home’s exterior is designed for extraordinary outdoor living. Enjoy year-round relaxation in the screened-in pool and spa, enhanced by a summer kitchen with a gas grill and stone backsplash. The property also boasts a private boardwalk and boathouse with vinyl seawall, Trex decking, equipped with water and electricity, and features two jet ski lifts and two boat lifts—one for the sailboat and one for a triple pontoon. With ample dock space, this estate offers the ultimate setup for any luxury vessels your heart desires. As night falls, the illuminated dock creates a magical ambiance, perfect for evening gatherings by the water. Recent upgrades include a 21kW Generac backup generator, EV charging station, three updated AC systems, and a 1-year Platinum Home Warranty package for added peace of mind. Conveniently located just 15 minutes from Orlando International Airport, 10 minutes from Medical City, and 30 minutes from Orlando’s top attractions, this estate combines tranquility, luxury, and accessibility—a true masterpiece that isn’t just a home; it’s a lifestyle.

Interest rate 3
2.875%
With Roam
7%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$4,913
With Roam
$7,556
Reduce your monthly payments by $2,642 when you assume this mortgage.
You also save $837,662 in total interest paid.

$2,659,625
Edit

You may be able to put down less than the total down payment amount of $2,659,625 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Size
6,213 sqft
Lot size
4.99 acres
Year built
2012
Type
Single Family Residence

Source: STELLAR #o6247168

Loan
Remaining term
26 years, 5 months
Rate
2.875%
Monthly P&I
$4,913
Remaining loan balance
$1,090,374

Source: Public records

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?

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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?

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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?

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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?

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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?

expand content

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.

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Last updated: Nov 14, 2024 09:44 am
Listing agent: Domenique Lombardo (407) 474-7000
Listing provided courtesy of: ROYALTY R E BOUTIQUE INC (407) 658-0601
Details provided by STELLAR and may not match the public record.
MLS ID: #o6247168
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$4,913/mo
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