11624 Pinedale Ave, Seminole, FL 33772
4 beds · 2 baths · 1,633 sqft
One or more photo(s) has been virtually staged. This stunning property, located in the highly sought-after neighborhood of Oakhurst Shores, is completely move-in ready and offers a prime opportunity for Airbnb hosting, being just minutes from Madeira Beach, Seminole City Center, and local dining hotspots. With no flooding and no damage from the recent hurricanes, this home is as resilient as it is beautiful. The spacious layout includes 4 sizable bedrooms and 2 sizable bathrooms, with a large first-floor bedroom featuring a walk-in closet and a private door leading to the pool area. Currently utilized as an office, this versatile space offers endless possibilities. The kitchen is a chef’s dream, boasting abundant cabinet space, granite countertops, a full-size pantry, and brand-new stainless-steel appliances including a refrigerator, dishwasher, and sink. The dining room boasts French doors that fully open to a peaceful sunroom, while plantation shutters add additional privacy to the downstairs. Upstairs, three generously sized bedrooms feature new laminate flooring and were all just painted, with the master bedroom offering direct access to the bathroom for added privacy. Peace of mind comes with recent upgrades including a newly replaced first-story roof in November 2024 with a fully transferable 50-year warranty, a second-story roof replaced in 2020 with a fully transferable 25-year warranty a main electric service upgrade with a new panel and meter in 2023. The large backyard is perfect for entertaining, featuring a large pool, ample deck space, a new vinyl shed installed in 2023, a new pool pump in 2022, and a fully fenced yard with a PVC fence surrounding the pool. The well-fed sprinkler system covers the backyard and can be extended to the front. Additional features include an oversized one-car garage with a spacious loft for extra storage.
Source: STELLAR #tb8318241
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8318241
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: #tb8318241
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.