VA loan
1 of 26
VA loan
$799,000

127 Windsor Pl, Gulf Breeze, FL 32561

4 beds · 3 baths · 3,067 sqft

OPEN HOUSE SATURDAY JANUARY 18, 12:00 - 2:00 PM This remodeled home offers over 3,000 square feet of living space in the heart of Gulf Breeze, making it the BEST deal within city limits. Nestled on a peaceful cul-de-sac, it’s ideally located with quick access to restaurants, shopping, and the excitement of downtown Pensacola. Perfect for families or those who love to entertain, this spacious property features a large, open living area that flows seamlessly into a gourmet kitchen. The split-plan layout includes a private owner’s suite with its own entrance, updated bathrooms, and ample room for everyone. The home was thoughtfully remodeled in 2017 and has received additional updates between 2018-2021, and freshly painted, ensuring it’s move-in ready for your family. Step outside to your own private retreat, featuring a covered lanai overlooking a screened saltwater pool, surrounded by vibrant fruit trees. Whether you're relaxing by the pool or entertaining guests, this backyard oasis offers the perfect setting. Need additional storage or workspace? A spacious 20x40 metal building with electrical wiring and roll-up doors is ideal for storing boats, RVs, or any other equipment you may need to house. Hurricane rated 150 mph. Enjoy sustainable living with a state-of-the-art 32Kw solar system and 10Kw battery backup (paid off), dramatically reducing your energy costs. Modern amenities throughout the home include a newer A/C system, tankless water heaters, updated electrical systems, fresh paint in the bedrooms, a newer roof, and impact-rated windows for added efficiency and peace of mind. Located less than 5 minutes from A+ schools, just moments from the pristine beaches of Pensacola, and within earshot of the thrilling Blue Angels performances, this property is an ideal family home or rental investment. Don't miss the opportunity to own this incredible property that combines comfort, convenience, and value.

Estimated
Seller's interest rate
3%
7%
Estimated
Principal & interest
$2,991/mo.
$4,561
You may also save up to $507,006 in total interest paid.
Listing price
$799,000

Your cash down payment
$136,486
Seller’s estimated current equity is $136,486
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with a 2nd mortgage.
Estimated $2,991 monthly payment

Financed
$662,513
Assumed mortgage 3% • Seller's rate
$662,513
2nd mortgage 9.25% • No prepay penalty
$0

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Use two fingers to move the map
Details
Home
Size
3,067 sqft
Lot size
0.436 acres
Year built
1971
Type
Single Family Residence

Source: PENSACOLA #646013

Loan
Remaining term
26 years, 11 months
Rate
3%
Monthly P&I
$2,991
Remaining loan balance
$662,513

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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?

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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?

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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.

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Last updated: Jan 20, 2025 06:42 pm
Listing agent: Beverly Sigurnjak (850) 384-5175
Listing provided courtesy of: KELLER WILLIAMS REALTY GULF COAST (850) 471-5000
Details provided by PENSACOLA and may not match the public record.
MLS ID: #646013
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Pensacola Association of REALTORS®, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Roam Brokerage, LLC are governed by the PAR Rules and Regulations and detailed information about them includes the name of the listing companies. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Copyright © 2025 Pensacola Association of REALTORS®, Inc. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 30 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$2,991/mo
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