1805 Bayou Grande Blvd NE, Saint Petersburg, FL 33703
3 beds · 1 baths · 1,019 sqft
POST HELENE PRICING WITH AN AVR OF $1.1M+. Being sold under land value or can easily be restored. All remediation has been done. Call for more details. You will not find a larger waterfront lot with amazing sailboat water access to Weedon Island and Tampa Bay! Welcome to your tropical boater's paradise nestled in a serene and sought-after neighborhood of Shore Acres. This meticulously updated home offers the ultimate waterfront lifestyle with a brand-new Seawall, boat lift and dock capable of hoisting up to 10,000 lbs, making it perfect for boating enthusiasts. Situated on a double lot boasting 187 x 136 feet deep, there's ample space to park your RV and other toys along your tranquil canal. Step inside to discover a tastefully renovated interior featuring solid wood doors throughout, creating an ambiance of timeless elegance. The kitchen is a chef's delight with solid wood cabinetry with soft close, gorgeous marble from Vermont countertops with matching backsplash, and newer appliances, ensuring both style and functionality. Entertain guests effortlessly in the spacious living areas, or unwind in the screened-in Florida room offering a seamless indoor-outdoor flow and sheltered relaxation. This home is not just a retreat; it's a lifestyle. Imagine waking up to lush tropical landscaping adorned with stunning lighting, featuring ruby red grapefruit, key lime, and Myers lemon trees amidst swaying palm trees. Convenience is key with parking available for your RV, boats, and trailers, along with a 2-car garage providing ample storage space. Located on a quiet dead-end street, you'll relish the peaceful atmosphere while still being just a stone's throw away from the vibrant energy of the town green, where block parties and annual neighborhood events create a sense of community camaraderie. Amazing boating access with no bridges directly to the Gulf, offering endless opportunities for aquatic adventures in and around Tampa Bay. Plus, being near Weedon Island Preserve and bird sanctuary offers a popular weekend hangout spot to ensure there's never a dull moment with great kayak and paddle boarding access. Don't miss out on this incredible opportunity to live the waterfront lifestyle you've always dreamed of. Come experience the magic of this waterfront oasis and make it your slice of paradise today!
Source: STELLAR #u8239986
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8239986
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: #u8239986
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.