168 SW Oakridge Dr
Port Saint Lucie, FL 34984
3 beds · 2 baths · -- sqft
$485,000
Get prequalifiedAbout this home
This beautifully maintained three-bedroom, two-bathroom home features a unique split floor plan, ensuring privacy and comfort for everyone. One of the bathrooms includes a convenient cabana bath, perfect for guests enjoying the stunning saltwater pool and spa. Situated in a peaceful neighborhood, this property boasts a fully fenced yard with no neighbors to the back or west side, offering an extra sense of tranquility. The accordion shutters on all openings provide both security and peace of mind during storm season. The home is equipped with a full-house gas generator and a reverse osmosis water system, ensuring your comfort and convenience at all times. Entertain in style with a separate dining room and an inviting entertainment room, ideal for gatherings with family and friends. The oversized two-car garage features a side door and utility sink, adding even more functionality. With plenty of space on the side of the house and in the backyard, there's room for all your recreational toys - whether it's a boat, fifth-wheeler, RV, or jet ski. The sprinkler system ensures your landscaping stays lush and vibrant. Location is key! You're just blocks away from the boat ramp leading to the beautiful Saint Lucie River and the ocean. Plus, you're less than five minutes from Florida's Turnpike, shopping, dining options, schools, and medical facilities. Families will appreciate the proximity to school bus stops and parks, making this home perfect for all. Schedule a viewing today and make this oasis your own! Some photos have been virtually staged.
Source: BREVARDMLS #1028566
5-year savings
Neighborhood
FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.