117 E Concord St, Orlando, FL 32801
3 beds · 4 baths · 1,859 sqft
Luxury 3-Bedroom, 3.5-Bath, 3-Story Townhome in Downtown Orlando Discover modern elegance in this stunning David Weekley townhome, located in the highly sought-after Eola North community. Boasting three master suites and soaring 10-foot ceilings on all three floors, this home offers an exceptional blend of sophistication and comfort. Step inside to find a private guest suite with an en-suite bathroom on the ground floor—perfect for visitors or a home office. The attached two-car garage ensures hassle-free parking, while the community provides additional on-site private parking for guests. The second floor is designed for seamless entertaining. A gourmet kitchen steals the spotlight with a spacious quartz island, GE stainless steel appliances, and soft-close cabinetry—a dream for any chef. The open-concept layout floods the space with natural light, connecting effortlessly to the dining and living areas. Modern fixtures, fans, and smart home technology enhance the contemporary feel. On the third floor, you’ll find two additional suites, including the luxurious primary bedroom, featuring a walk-in closet, spa-like en-suite bathroom with a glass-enclosed shower, and direct access to a private balcony—the perfect place to soak in the charm of the historic district. A conveniently placed laundry closet sits between the bedrooms for added ease. This townhome places you in the heart of Downtown Orlando! You’ll be just steps from Lake Eola Park, the Dr. Phillips Center for the Performing Arts, and an array of top-rated restaurants, cafés, and boutique shops. The downtown business district, nightlife, and entertainment venues are all within walking distance, making this the ultimate city-living experience. Eola North is an exclusive enclave of just 12 modern craftsman-style townhomes, offering the perfect balance of luxury, privacy, and convenience. The HOA covers exterior maintenance, landscaping, sewer, trash, and water, ensuring a low-maintenance lifestyle. Don’t miss this rare opportunity to own a prime piece of Downtown Orlando real estate—schedule your private tour today!
Source: STELLAR #S5122176
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
Source: STELLAR #S5122176
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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 “Save search” 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 620, 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.
