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$688,000 SIGNIN

Sign in to see required down payment for the 5.5% rate

1934 Mesic Hammock Way, Venice, FL 34292

4 beds · 3 baths · 2,260 sqft

NEW PRICE! NEW ROOF 2025, upgraded hurricane-protected home with NEW IMPACT WINDOWS AND SLIDERS 2025....Welcome to your move-in-ready pool home with many upgrades and freshly redone! Furniture Negotiable!! No other home is available for purchase in STONEYBROOK AT VENICE with such great peace of mind!! This remarkable 4 bedroom, 3 bathroom residence, complete with heated pool and spa has over $120,000 in upgrades! NEW LVP flooring w/o transition strips throughout the entire house 2024, NEW PAINT 2024, NEW elevated toilets 2024 and a full house water softener system add to the homes comfort and convenience. With an expansive and airy layout, complemented by 9 ft ceilings with crown molding and 5.25 inch base trim, creating an elegant and modern aesthetic. Stylish new light fixtures and neutral colors, this residence offers 2,260 square feet of living space. The primary bedroom offers a spacious walk-in closet, en-suite bathroom, granite counters, tub, and a step-in shower. Bedrooms 2 and 3 are the perfect size with bathroom tastefully appointed with granite counters and designer accents. Bedroom 4 can be the perfect in law suite offering an en-suite bathroom, and of course any of the bedrooms can turn into a home office as well. You will appreciate the inviting kitchen with plenty of granite counter space to prep all meals and bake up a storm, center granite island, breakfast nook, stainless appliances, plenty of cabinets and pantry. Step outside through your impact sliding doors to the expansive covered lanai with heated pool and spa. A perfect setting for relaxation, entertaining and enjoyment. Spacious 3-car garage with ample storage room. STONEYBROOK AT VENICE is amenity rich offering a resort-style community pool, fitness center, clubhouse with event room and kitchen, tennis & pickleball courts, basketball, baseball field, playground, pavilion with grills, movie theater, food truck events, nature trails and so much more. All of this with very low association dues. Only 5 miles from Wellen Downtown which is the new waterfront upscale hotspot for dining, shopping, evening concerts, farmers market, kayaking, yoga and includes the new Atlanta Braves Stadium offering events, fireworks, tiki lounge in addition to baseball. Close to the newly built Sarasota Memorial Hospital and Sarasota County's A-rated schools. Just a few miles from the pristine beaches of the Gulf of Mexico and Venice Maine Street and a short drive to Siesta Key, Tampa, Orlando or Naples. Southwest Florida offers great weather, world class golf, fishing, boating, arts, beachfront dining and something for everyone. NO damage / flooding from recent storms! Schedule your showing today!! --

Estimated
Seller's interest rate
5.5%
7%
Estimated
Monthly payment

$3,169
$3,457
You may also save up to $94,591 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 $3,457 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
5.5%
Remaining term
27 yrs and 4 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$3,169
Principal & interest
$1,790
Mortgage insurance
$223
Property taxes
$322
Home insurance
$624
HOA fees
$207
Utilities
Not included

Source: Public records

Home details
Size
2,260 sqft
Lot size
0.17 acres
Year built
2011
Type
Single Family Residence
HOA dues
$207.00

Source: STELLAR #A4611873

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 23, 2025 09:50 am
Listing agent: Peggy Soublis (941) 321-7987
Listing provided courtesy of: TREND REALTY (941) 928-3449
Details provided by STELLAR and may not match the public record.
MLS ID: #A4611873
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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$3,169
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