11435 Fort Lauderdale Pl, Venice, FL 34293
3 beds · 2 baths · 1,874 sqft
Welcome to your dream oasis in the award-winning Grand Palm community! This home embodies elegance and comfort, perfect for relaxation or entertaining. The welcoming foyer flows into a charming dining area, setting the tone for every meal. The spacious great room, enhanced by a stunning coffered ceiling, provides an inviting space to unwind and connects seamlessly to an open kitchen with upgraded wood cabinetry, stainless appliances, and Corian counters—ideal for culinary creativity and casual gatherings. Step through the sliders to your expansive covered lanai with your very own lap pool/swim spa with Waterfall Esthetics where you can entertain in style or just relax. With ample space for outdoor dining and a grill, this lanai is the perfect spot for gatherings or tranquil evenings. Retreat to the master suite, complete with a spacious walk-in closet and an elegant bath also included is a walk-in shower, and double sinks with chrome Moen faucets. A well-placed guest bedroom and second bath provide privacy and comfort for visitors. Finishing touches like a versatile den with French doors for a private study or library, and a convenient 2-car garage make this home truly exceptional. This beautiful residence is ready for you to move in and start making memories in one of the most desirable communities around. Community amenities include main clubhouse with 24-hour state-of-the-art fitness facility and recreation area, resort-style pool + fitness pool, 28 miles of walking and bike trails, 2 dog parks, basketball, tennis, bocce and volleyball courts, a splash park, an adventure playground, in ground chalk board, pavilion and picnic area, and plenty of benches! Don’t miss this opportunity to make it yours! NEW HVAC System installed within the last 12 months. Seller does have a low cost Flood Insurance policy, that might transfer to new owner. The cost is $1134 per year. House is equipped with Metal Hurricane Shutters that are easy to install if necessary. Seller has never filed a claim for damage even through all the recent storms. Some furniture is available for purchase, negotiable. Appointment required.
Source: STELLAR #a4629132
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4629132
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: #a4629132
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.