VA loan
1 of 41
VA loan
$349,000 SIGNIN

Sign in to see required down payment for the 2.5% rate

16177 Glowing Grove Ave, Odessa, FL 33556

3 beds · 3 baths · 1,758 sqft

Welcome to this beautifully upgraded end-unit townhome in the highly desirable community of The Preserve in Odessa. Built in 2021, this three-bedroom, two-and-a-half-bath home with a spacious loft offers 1,758 square feet of well-designed living space and sits on a premium lot extra green space with water and sunset views. As an end unit, it enjoys abundant natural light, extra windows, and additional privacy, making it feel more like a single-family home. Recent improvements include BRAND NEW LUXURY carpet upstairs and NEW STYLISH Sherwin Williams neutral paint in Origami White with Pure White trim and doors. Inside, the home is thoughtfully appointed with smart home features including a Ring doorbell and chime, WiFi-enabled thermostat, and a security system. The gourmet kitchen showcases granite countertops, stainless steel appliances, an oversized island with bar seating, and a walk-in pantry. The open-concept layout flows seamlessly to a covered rear patio with views of the pond behind and magical sunsets, ideal for relaxing or entertaining. Upstairs, a spacious loft offers flexible space for a home office, gym, or media room. The primary suite features dual walk-in closets and a generous en-suite bathroom with double vanities and a walk-in shower with upgraded glass shower doors. Two additional bedrooms share a convenient Jack-and-Jill bathroom, and a laundry room is located upstairs for easy access. Washer and dryer are included for this home to be move in ready! Built with concrete block construction on both levels, the home provides added durability and sound insulation. Double pane windows and hurricane shutters help reduce insurance costs and provide peace of mind. One-car garage, which is complemented by a two-car driveway. The Preserve offers a resort-style lifestyle with two pools, a clubhouse, fitness center, two playgrounds, basketball court, soccer field, and a dog park that also has a fabulous dog wash station. The community also provides direct access to the 42-mile Suncoast Trail, perfect for biking, running, or walking This home is ideally located in the heart of Odessa, offering the perfect balance of suburban tranquility and convenient access to everyday amenities. Just minutes from the Suncoast Parkway, commuting to Tampa, Westshore, and Tampa International Airport is quick and easy. Nearby, you'll find a wide range of shopping and dining options at Citrus Park Town Center, The Shoppes at Sunlake Centre, and the popular Starkey Ranch area. For outdoor lovers, the Suncoast Trail is perfect for biking and jogging, and nearby parks like Starkey Wilderness Preserve and Lake Rogers Park offer scenic trails, kayaking, and nature experiences. Families will appreciate proximity to top-rated schools, medical facilities, fitness centers, and a variety of grocery stores including Publix, Sprouts, and Target. Odessa is also a short drive from charming downtown areas like Dunedin and Tarpon Springs, as well as the beautiful beaches of the Gulf Coast, making this location as convenient as it is desirable. With low HOA fees and a move-in-ready presentation, this exceptional townhome combines comfort, style, and convenience in one of the area’s most sought-after communities. FHA, VA, and USDA financing are welcome. Schedule your private showing today. For the virtual tour copy paste bit.ly/16177GlowingGrove. OWNERS PRICED IT LOW TO HAVE A QUICK SALE... HURRY BEFORE IT IS GONE!

Estimated
Seller's interest rate
2.5%
7%
Estimated
Monthly payment

$1,680
$2,345
You may also save up to $204,613 in total interest paid.

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,345 monthly payment

Financed
SIGNIN
Location
Use two fingers to move the map
Loan details
Loan type
VA
Rate
2.5%
Remaining term
25 yrs and 8 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,680
Principal & interest
$1,125
Mortgage insurance
-
Property taxes
$142
Home insurance
$317
HOA fees
$95
Utilities
Not included

Source: Public records

Home details
Size
1,758 sqft
Lot size
0.07 acres
Year built
2020
Type
Townhouse
HOA dues
$95.33

Source: STELLAR #W7874438

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 17, 2025 07:17 am
Listing agent: Annie Rocks, PA (727) 777-3264
Listing provided courtesy of: ROCKS REALTY (727) 777-3264
Details provided by STELLAR and may not match the public record.
MLS ID: #W7874438
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2025 MLS GRID. All Rights Reserved.
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