1426 Flotilla Dr, Holiday, FL 34690
3 beds · 3 baths · 2,654 sqft sqft
Welcome to this WATERFRONT, Ancolte River, home. Originally built as a custom home by renowned Tampa Builder, Osborne Herndon, as his own family residence, this amazing riverfront jewel leaves nothing to be desired! Upon entry, you're greeted with soaring ceilings, a gorgeous staircase, a formal front living room; and wait until you walk in and see the view of the pool, the yard, and the RIVER, through the double set of French doors leading to the covered patio. Title floors cover the first floor and bamboo wood covers the second floor. The open floor plan offers a formal dining space, an open kitchen and a fun wet bar space! Downstairs there is an office/den/playroom space to provide extra living space. The laundry room is downstairs and all newly renovated with a new LG washer and dryer included in the sale! Upstairs offers the primary suite with French doors leading to a balcony overlooking the pool and the Anclote river; perfect for a morning coffee and a book. The primary en-suite bathroom offers a standing shower and the most impressive walk-in closet with built-ins! Two more guest rooms accompany the primary bedroom upstairs, one is a guest en-suite with access to the guest bathroom and a door to the balcony. Tons of windows provide natural light all throughout the home. The covered back patio overlooking the pool has two ceiling fans for comfort and plenty of space for patio furniture perfect for entertaining! Two storage sheds provide ample storage necessary for pool and lawn equipment. The dock is perfect for a boat and you have BAY ACCESS straight from your home! No dock storage fees! A 30 minute ride to the bay and make sure to stop at the Sponge Docks on your way out! The backyard is fully fenced for your family to move right in. The tandem 3 car garage is huge! There is a new water softer and a tankless water heater. The roof is new as of 2019. You want to see this home in person, schedule your showing today to start living your vacation at home!
Source: STELLAR #tb8322836
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8322836
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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 “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?
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.
MLS ID: #tb8322836
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.