136 Lawn Ave, Saint Augustine, FL 32084
3 beds · 3 baths · 2,086 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to 136 Lawn Avenue, a contemporary masterpiece in North Beach, nestled along a picturesque salt water estuary between the serene Atlantic Ocean and the Intracoastal Waterway. Constructed in 2011, offering a perfect blend of timeless elegance and modern sophistication, this property offers an exceptional living experience with breathtaking views of a tidal marsh and the Nease Bird Sanctuary. Every day feels like a vacation at a five-star resort with this stunning property, a meticulous custom design to capture every moment of natural beauty, sunsets and bird watching. This versatile home boasts over 2,086 square feet of living space, elevated 17 feet above sea level. Two of the three bedrooms feature ensuite, spa-like bathrooms and spacious walk-in closets. The gourmet kitchen features stunning granite countertops and a gas cooktop, perfect for culinary enthusiasts. Throughout the home, you'll find exquisite travertine floors and elegant blinds that add to the sophisticated atmosphere. All of the spacious bedrooms offer ample closet space and an abundance of natural light, thanks to the home's open design and strategically placed windows. The airy, welcoming layout creates a seamless flow throughout the living spaces, ideal for both relaxation and entertaining. With easy-to-navigate driveways, offering plenty of room to store your boat and other equipment. Additional storage is available in the large closets downstairs, providing convenient space for all your outdoor gear. Need some more living space? An architectural plan for an in-law suite is available upon request. Impact windows and a whole-home generator ensures peace of mind during any weather event, while the thoughtful addition of hose bibs on the patio makes maintenance a breeze. The backyard is spacious with plenty of room for a pool, easy access from the covered area, a paver patio with a custom built-in wood burning grill. An elevator shaft is already in place, ready for any future upgrades or needs. With its serene surroundings and luxurious features, this home offers the perfect blend of comfort and coastal elegance. With no HOA and plenty of free amenities, this home offers the perfect blend of convenience and recreation. Just a short stroll away, you'll find a community garden, pavilion, basketball and tennis courts, a beach walkover, and the charming Vilano Beach town center. Only minutes from the historic charm of downtown St. Augustine, local marinas, boat ramps, restaurants and shopping. This property would be an ideal vacation rental or second home and can be rented on a seasonal, weekend or weekly basis that can generate up to $100k in revenue. Don't miss out on the opportunity! Welcome home.
Source: REALMLS #2067604
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: REALMLS #2067604
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.
Data provided is deemed reliable but is not guaranteed. The data relating to real estate for sale on this website comes in part from the Northeast Florida Multiple Listing Service, Inc. The information being provided is 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. Information deemed reliable but not guaranteed. Copyright © 2025 Northeast Florida Multiple Listing Service, Inc. All Rights Reserved.
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