1830 59TH ST S, Gulfport, FL 33707
Your finest opportunity to own a home in popular Gulfport within minutes to the Gulfport Arts District and Gulfport Beach with its picturesque fishing pier. Nestled on an oversized corner lot this 3 bedroom, 2 bath home boasts a split plan that has been remodeled to perfection. Mature landscaping leads you to the quaint front entrance with a new front glass door providing an abundance of light. The great room is expansive and offers a dining room with ceiling fan, newer vinyl flooring, fresh paint and a picture window with an excellent view of the spacious backyard. Lovely updated kitchen is complete with designer white cabinetry plus additional trendy Ikea cabinetry, granite counters, new stacked tile backsplash, new custom stainless refrigerator with freezer on bottom, cook top range & oven with microwave above, stainless dishwasher, fresh paint & vinyl flooring. Additional room off the great room can be a small office/ bedroom or studio which is tiled and leads to the backyard area. Master suite is cheerful with tons of windows, abundant size, vinyl flooring, large closet, ceiling fan & neutral paint. Master bath displays a newly remodeled shower stall with designer tile and new upgraded fixtures plus tiled flooring. Secondary bedrooms are spaciously sized and one bedroom is thoughtfully designed with a beadboard wall and designer tranquil wallpaper. Extraordinary backyard is large enough to accommodate a large pool and is impressive with a pavered gazebo & built in custom swing, extra storage sheds & completely fenced for privacy with double gates for easy access. Notables include no HOA, fresh interior paint, ceiling fans, no carpet only vinyl flooring throughout, split bedroom plan, not located in a flood zone, regularly serviced AC, corner lot with plenty of extra parking & move in condition plus open floor plan. Gulfport is a quaint area and includes a picturesque casino which is popular for art shows & dances plus other events, beach volleyball courts and is close to downtown St. Pete & Tropicana Field. Excellent location with superb shopping plus many convenient amenities, a short distance to St. Pete & Tampa international airports. Won't last long!!! It is a Must See!!!
You may be able to put down less than the total down payment amount of $234,469 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #t3550294