1187 Playa Del Sol Ln, Saint Cloud, FL 34771
3 beds · 2 baths · 2,092 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your dream home! *** Sellers Motivated*** This stunning 4-bedroom, 2-bath single-family residence is nestled in the desirable Narcoossee del Sol community in beautiful St. Cloud, Florida. Perfectly located, this home is just minutes away from Lake Nona and three major highways, offering the best of convenience and accessibility. Step inside to an inviting open floor plan, where the heart of the home is the gourmet kitchen, a perfect blend of elegance and practicality. Featuring luxurious granite countertops, an expansive center island with dual sinks, and modern pendant lighting, this space is ideal for entertaining or daily family meals. The rich dark wood cabinetry, paired with stylish gold-tone hardware, provides ample storage, while high-end stainless steel appliances, including a sleek built-in microwave and a double-door refrigerator with a bottom freezer, add both sophistication and efficiency. A walk-in pantry ensures that all your essentials stay organized, while the open-concept layout seamlessly connects the kitchen to the spacious great room and dining areas, making gatherings effortless. The luxurious primary suite offers a tranquil retreat with a walk-in closet and an en-suite bathroom featuring a spacious walk-in shower and dual vanity. Additional bedrooms provide versatility for a growing family, guests, or a home office. For those who work from home or need extra space, this home includes a dedicated office—a quiet and comfortable environment perfect for productivity. Whether used as a workspace, study area, or creative studio, this room adds incredible flexibility to the home. Convenience is key with a separate laundry room, offering ample space for washer, dryer, and additional storage—keeping everything organized and out of sight. Enjoy Florida’s beautiful weather in your screened-in lanai, overlooking a private, fenced backyard—a serene oasis perfect for relaxing, entertaining, or letting pets roam freely. The exterior is further enhanced with driveway pavers and a two-car garage, ensuring both style and functionality. Don’t miss this incredible opportunity! Schedule your showing today and start envisioning your new life in this exceptional Saint Cloud home. Come see the rest!!!
Source: STELLAR #S5123019
Learn about how it works
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
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #S5123019
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.
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.
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.
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.
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.
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.
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.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.