1145 Ramblebrook St, Malabar, FL 32950
3 beds · 2 baths · 2,152 sqft sqft
Welcome to your serene escape at 1145 Ramblebrook Street in beautiful Grant-Valkaria, Florida. This stunning 9.68-acre equestrian estate offers luxury, space, and privacy, blending rural tranquility with modern amenities. Property Highlights incl. 9.68 acres of open pastures, ideal for grazing and horseback riding. Home Size:2,152 sq. ft., 3 bedrooms, 2 bathrooms. Garage: Oversized 3-car garage with plenty of storage space. Ceilings: 10-foot ceilings throughout for an open and airy feel. Interior Features: Kitchen: Stone floors in the kitchen and laundry room. Granite countertops with elegant glass/tile full backsplashes. Samsung touchscreen appliances, including a refrigerator, dishwasher, microwave, and flat-top stove/oven. Soft-close cabinets and drawers for a smooth experience. Primary Bedroom Suite with Ensuite Bath and French doors leading to a 34' x 12' tiled screened porch. Two large walk-in closets for ample storage. Luxurious En-suite bath featuring: Private watercloset Double vanity, Jacuzzi soaking tub, Spacious walk-in tiled shower. Linen closet for additional storage. Second Bathroom tile floors with a tiled tub/shower combo. Porches 341 sq. ft. tiled screened porch with large sliding doors that push into the wall. 187 sq. ft. open porch for outdoor relaxation. Outbuilding include Horse Stable: 3,000 sq. ft. with epoxy floors, electricity, and water. 10 horse stalls, 4 washing stations, office/storage room, and a second storage room. Shop/RV Storage:2,880 sq. ft. with RV hookups and dump station. Full bathroom and laundry hookups. Carports: Two carports at 1,088 sq. ft. and 896 sq. ft. Recent Upgrades (2022-2023): 2022 New exterior and interior paint. New kitchen stone flooring, mudroom, and hardwood floors throughout. Updated spare bathroom vanity. New roof, kitchen appliances, countertops, soft-close cabinets. On-demand hot water heater. New AC unit. Fresh paint on horse stables. 2023: Generac 26kW whole-house generator with a 1,000-gallon propane tank. New exterior electrical panels for modern energy efficiency. This meticulously maintained estate offers the perfect blend of luxury living and functional equestrian facilities. Whether you're a horse enthusiast or simply love the charm of rural living, this property delivers on all fronts. Schedule your private showing today!
Source: BREVARDMLS #1025302
Interest rate and monthly payment estimated based on public records.
Source: BREVARDMLS #1025302
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: #1025302
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.