2237 S Central Ave, Flagler Beach, FL 32136
5 beds · 5 baths · 3,804 sqft
Start your day gazing out at the fishing boats silhouetted against the sunrise from your third floor deck. Dolphins and Pelicans are frequent visitors. Electric screens provide this deck with another level of convenience. Both the third and second floors have giant eastern facing decks and smaller western facing decks are off the two main bedrooms. Incredible, unobstructed views are yours without the noise and traffic involved with A1A. The third floor boasts an enormous great room, a dream kitchen with a gas range, granite counters, tile floors and a large pantry. A separate bar and wine rack are also in the living area. Toward the front of the house is the master suite, complete with two walk-in closets, a walk-in shower, jacuzzi tub and his and her vanities. From the deck off this bedroom watch the sunsets before retiring to bed. Completing the third floor is the laundry room, conveniently located next to the primary suite. The second floor includes an tremendous family room and three bedrooms that can also be used as a work-from-home office or a library. Two full baths complete the second floor layout. The ground floor has the fifth bedroom with another full bath, a gym area with an indoor hot tub that's included as well as a door to the garage and the elevator. No worries about getting wet in the rain or carrying groceries up the stairs. This home has two air conditioners with separate thermostats for each floor, a water filtration system, a security system, a whole house generator and hurricane shutters. Perfect for all kinds of entertaining, whether it be huge parties or quiet dinners, you'll have plenty of room for all your guests, as well as tremendous privacy for those who spend the night. But as with any home, it's all about the location, and this one is just perfect.
Source: STELLAR #fc302264
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc302264
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: #fc302264
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