1538 Woodlawn Way, Gulf Breeze, FL 32563
4 beds · 3 baths · 3,058 sqft
Welcome to this fantastic POOL home, nestled in the highly desirable Woodlawn Heights community in Gulf Breeze, just minutes from the sandy white beaches! This beautifully designed 4-bedroom, 3-bathroom home, plus formal dining and an office, offers an ideal blend of comfort, style, and functionality. Featuring an OPEN-CONCEPT layout, the spacious 26' x 18' LIVING ROOM featuring FIREPLACE and high VAULTED ceilings, flows seamlessly into the heart of the home—the CHEF'S KITCHEN. Complete with a massive ISLAND with QUARTZ countertops, a BREAKFAST BAR, tile backsplash, STAINLESS STEEL appliances, and a DOUBLE OVEN, this kitchen is perfect for both daily living and entertaining. Adjacent to the kitchen, the 16' x 12.5' breakfast room provides a cozy spot for casual meals while enjoying the views of the SPARKLING POOL. The FORMAL DINING ROOM/living room and dedicated OFFICE add versatility to the home. The SPLIT FLOOR PLAN ensures privacy, with a luxurious PRIMARY SUITE featuring a beautiful BOXED CEILING. The private bath boasts a GARDEN TUB, SEPARATE SHOWER, and DUAL WALK-IN CLOSETS. Two generously sized bedrooms are connected by a charming JACK AND JILL bathroom, providing convenience. You will love this gorgeous SUNROOM located right off of the family room. Step outside to your own backyard oasis, where a 27' x 10' COVERED PORCH with an OUTDOOR KITCHEN overlooks a sparkling POOL with a recently UPDATED LINER and a VARIABLE SPEED PUMP. This space is perfect for relaxing or entertaining year-round. Modern updates include HURRICANE SHUTTERS, IMPACT windows and doors, a 2022 HVAC system, a TANKLESS WATER HEATER, and a ROOF INSTALLED in 2021. The home is also equipped with a smart Wi-Fi IRRIGATION system and SOLAR PANELS, keeping the average monthly electric bill at just $26! The solar panels are fully paid for. Call us today for your private showing!
Source: PENSACOLA #656046
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #656046
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: #656046
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.