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$699,000 SIGNIN

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2110 Euclid Ter, Sarasota, FL 34239

3 beds · 3 baths · 1,946 sqft

Welcome to this charming 2 dwelling Mid-Century single-family home and ADU guest house in the highly sought-after Arlington Park neighborhood of Sarasota. This beautiful property boasts a main house with 3 bedrooms and 2 bathrooms, along with a separate guest house featuring 1 bedroom and 1-bathroom, full kitchen, and Livingroom space—perfect for guests, family, or as a rental opportunity. The guest house has a separate private driveway perfect for a tenant. Situated less than a mile from Sarasota Memorial Hospital and just minutes from downtown, this home offers easy access to the world-renowned beaches of Siesta Key, Lido Beach, and Longboat Key. Just a short walk to Arlington Park where you have access, to tennis courts, basketball courts, racquetball, playground, picnic areas, and the fitness and aquatic center. The property is nestled on a peaceful, quiet dead-end street between million-dollar homes, providing both privacy and tranquility. Both the main house and guest house have been updated with new roofs, and the interiors are graced with stunning Spanish tile flooring throughout. A beautiful stone wood-burning fireplace adds warmth and character to the living space. The home features classic Mid-Century architecture with hand-carved wood doors and unique design elements that enhance its charm and timeless appeal. high ceilings with beautiful wood beams. The kitchen is centrally located with eat in kitchen space that features solid wood cabinets and newer stainless-steel appliances. Whether you're looking for a perfect family home, an investment opportunity, or a space for additional family living, this property offers endless possibilities. It’s a cozy, safe, and quiet retreat with an unbeatable location—don’t miss out on this incredible opportunity! ASSUMABALE LOW INTEREST RATE!

Estimated
Seller's interest rate
3.5%
7%
Estimated
Monthly payment

$2,356
$2,761
You may also save up to $97,303 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 $2,761 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
3.5%
Remaining term
20 yrs
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,356
Principal & interest
$1,203
Mortgage insurance
$189
Property taxes
$327
Home insurance
$634
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,946 sqft
Lot size
0.22 acres
Year built
1956
Type
Single Family Residence
HOA dues
$0.00

Source: STELLAR #A4646880

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 09:41 am
Listing agent: Ian Shannon (941) 726-6212
Contact listing agent
Listing provided courtesy of: COMPASS FLORIDA LLC (305) 851-2820
Details provided by STELLAR and may not match the public record.
MLS ID: #A4646880
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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$2,356
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