208 Annapolis Ln, Rotonda West, FL 33947
3 beds · 2 baths · 1,720 sqft
Prepare to be captivated by this exceptional real estate gem! Nestled along a majestic canal, this expansive and affordable home boasts an inviting open floor plan that is sure to impress. With 3 bedrooms and 2 baths, this residence offers a solar-heated pool and spa, perfect for indulging in relaxation and luxury. As you step through the screened entrance and double French doors, you'll be greeted by a spacious great room adorned with pocket sliders that open up to a picturesque water views courtesy of the newly installed viewing screen pool cage. This enchanting setting provides the perfect backdrop for entertaining friends, family, and cherished grandkids. The kitchen is a chef's dream, featuring ample counter space, a convenient breakfast bar, and a cozy breakfast nook overlooking the inviting pool area. Adjacent to the great room is a separate dining area, ideal for hosting memorable gatherings. The split floor plan ensures privacy for your esteemed guests, with the generous master bedroom offering sliders that open to the pool and lanai. The master bath boasts an upgraded shower and dual vanity creating a serene oasis for relaxation. Embrace the quintessential Florida lifestyle with a variety of delectable fruits from your very own trees. Indulge in a round of golf on one of Rotonda's five championship courses or explore the vibrant local dining and shopping scene. And let's not forget the breathtaking Gulf of Mexico's beautiful beaches at Boca Grande and Englewood, just a stone's throw away. For the handyperson in your family, the screened garage sliders allow for both convenience and versatility. The deck and pool were resurfaced in 2016, ensuring a fresh and inviting atmosphere. Additional upgrades include a new air conditioner in 2016, a new roof in 2022, and hurricane impact rated windows as well as hurricane shutters for the lanai area. Whether you're seeking a winter retreat or a full-time residence, this remarkable property is ready to welcome you home. Experience the epitome of comfort, style, and serenity - make this your new sanctuary today!
Source: STELLAR #D6139401
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.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #D6139401
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.