16910 Oval Rum Dr, Wimauma, FL 33598
4 beds · 3 baths · 3,362 sqft sqft
DON'T WAIT!! NEAR NEW CONDITION LOTS OF UPGRADES, MOVE-IN-READY HOME Located in the NEWLY ESTABLISHED, highly sought-after LAGOON community of Southshore Bay. Nestled in a picturesque setting, this property is highlighted by its unique 5-ACRE CRYSTAL BLUE LAGOON, providing a paradise of recreational activities such as kayaking, paddle boarding, a floating obstacle course, and entertainment options for the whole family. This spacious, TURNKEY residence boasts four bedrooms and three full baths, with the convenience of one bedroom and a full bath located on the main floor. Step inside to discover an inviting open-concept layout adorned with MODERN UPGRADES, including SMART HOME technology controlling lights, accent lights, garage door, and front entrance. Throughout the first floor, you'll find large ceramic tiles, providing both elegance and durability. Central heating and cooling ensure year-round comfort, while the second-floor laundry room with sink hook-up adds practicality to your daily routines. The heart of this home is the well-appointed kitchen featuring granite countertops, a sizable island with a sink, tile backsplash, wood cabinets, a generous walk-in pantry, a convenient walkthrough dry bar, and additional storage cabinets. Top-of-the-line stainless steel appliances from Whirlpool and Samsung elevate the cooking experience. The kitchen seamlessly flows into the great room, dining area, and a covered "screened-in" lanai, creating the perfect setup for indoor-outdoor living. Immerse yourself in the cozy ambiance of the great room, adorned with a beautiful stone accent wall and a built-in electric fireplace with a TV nook, adding both warmth and entertainment options. Moving to the second floor, the master bedroom awaits, complete with a sizable SITTING ROOM and a large walk-in closet that conveniently opens to the laundry room. The master bathroom impresses with tile flooring, an oversized walk-in shower with exquisite tile trim, a separate garden tub, and textured walls, creating a spa-like retreat. Additionally, the second floor boasts a spacious bonus room (Loft) with a closet, two more well-appointed bedrooms, a bathroom with double vanity sinks, a linen closet, and a storage closet, catering to your family's needs. For added peace of mind, this home comes equipped with CUSTOM STORM SHUTTERS, providing protection during inclement weather. Don't miss the opportunity to embrace Florida living at its finest in this exceptional home. Act now and make it yours to enjoy the perfect combination of style, functionality, and outdoor recreation! Listing Agent is related to the home owner.
Source: STELLAR #g5083099
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #g5083099
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: #g5083099
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.