1409 Tropical Oasis Ave, Plant City, FL 33565
4 beds · 3 baths · 2,045 sqft
GORGOUS WATER VIEW HOME AWAITS YOU AT THIS TROPICAL OASIS!!! Here at this home, you will discover modern luxury and serene waterfront living in this stunning single-story home located in the highly desirable North Park Isles community of Plant City. Newly Built in 2022, this beautifully upgraded home offers high-end finishes, elegant touches, and a private kayak launch—plus, it includes a brand-new kayak so you can start enjoying the water right away! The popular Lantana model offers a spacious open floor plan of 4 Bedrooms 2 1/2 Baths and a 2-car garage. Step inside, and you’ll find three spacious bedrooms in the front of the home, offering comfort and privacy. The primary suite is tucked away at the rear, providing a peaceful retreat with a private en-suite bath. Enjoy your family and friends as you gather around in the main living area relaxing in front of your beautiful Stone Electric fireplace adding warmth and sophistication. Host a dinner party with your gourmet dish in your modern kitchen boasting in a stylish backsplash, wood cabinets, Granet countertop and elegant light fixtures. The primary bedroom has a beautiful water view and features a tray ceiling, and a spacious walk-in closet. Upgraded features includes a Glacier Bay water-efficient dual flush toilet, and a Kind Water Systems E-3000 Whole House Water Filter & Salt-Free Softener for cleaner, healthier water throughout the home. Epoxy-coated garage floor for a sleek and durable finish. Covered Lanai overlooking the grand water serene water view. Community amenities include a clubhouse, playground, basketball court and a resort style pool. Looking for a Prime location? North Park Isle is just a short drive to I-4, providing easy access to both Tampa and Orlando for work, entertainment, and travel. This meticulously upgraded waterfront home is move-in ready and waiting for you!
Source: STELLAR #TB8357151
Send questions to support@withroam.com
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 #TB8357151
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.