155 5th Ave N, Saint Petersburg, FL 33701
3 beds · 2 baths · 1,655 sqft
Vacant and ready for immediate occupancy. Talk about vision! Designer Kim Levell has curated this stylish home in the heart of downtown St. Pete with interior and exterior design innovation, great building methods and was able to reflect the personality and history of those that have lived here before. Her method, that good style is found, discovered and developed over time is the theme of the interior. And the mechanics of the construction and all building elements is founded on how we should live in a healthy house today. The home was stripped down to the studs with all new Hardie board siding exterior, wool insulation in walls to prevent mold and create a fire resistant barrier as well as an amazing sound barrier and upgraded with PGT hurricane windows with exterior mullions, double hung on top and single on bottom to efficiently open for fresh air, all new plumbing (replacing old clay pipes), house re-pier, screen hedges, all exterior lighting for a true urban garden, and private front house courtyard entrance surrounded by a privacy fence to connect the people to the space and the city. The house has been strapped from roof to pier and has an insurance recognized lifetime metal roof. The interior finishes of custom curtains, fabulous ottomans, designer fabrics for pillows and linens, and gorgeous lighting were each carefully chosen and are full of vibrant color, strong pattern, put together in just the right and unexpected way. Each room leads you to the next room with a mix of styles that make it timeless. Full of amazing original art from the Florida Highwaymen, native Clyde Butcher, the owners collection related to a 4th generation orange farmer, as well as a custom chandelier from Louise Gaskell. This home is curate-ready to collect more Florida art. Wolf and Viking kitchen appliances with Newport brass hardware finishes are just part of the high end collection found in every aspect of this home. There is much life to be lived here and the next owners will surely LOVE it as it is truly a gift. True urban living in the heart of downtown. You haven't seen a house done like this in St. Pete and is a true testament to the fact that great design can make a difference! Home is being offered furnished.
Source: STELLAR #u8252979
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8252979
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: #u8252979
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.