225 Dorado Ave NE, Palm Bay, FL 32907
4 beds · 2 baths · 2,242 sqft
Welcome to 225 Dorado Ave NE, a meticulously maintained 4-bedroom, 2-bathroom home that perfectly combines comfort, style, and modern convenience in the heart of Palm Bay. Boasting over 1,800 square feet of thoughtfully designed living space, this move-in ready residence is ideal for families or anyone seeking a serene retreat with easy access to everything Palm Bay has to offer. The home is equipped with city water and sewer services, ensuring hassle-free living, and features an inviting open layout that flows seamlessly from room to room. The contemporary kitchen is a true centerpiece, complete with brand-new stainless steel appliances that cater to both culinary enthusiasts and everyday meal prep. Tile flooring extends throughout the wet areas, adding a touch of elegance and practicality to the home. The spacious master suite offers a private escape, featuring a large walk-in closet for ample storage and a luxurious tub/shower combo perfect for unwinding after a long day. Situated on the opposite side of the home, the three additional bedrooms provide privacy and flexibility, making them perfect for family members, guests, or even a home office setup. These bedrooms share a well-appointed second bathroom, ensuring convenience and comfort for all. The home’s design caters to both relaxed family living and vibrant entertaining, with ample common areas that encourage gathering and connection. Outside, the property is located in a welcoming Palm Bay neighborhood known for its sense of community and access to local amenities. Residents can enjoy nearby parks, schools, shopping, and dining options, making this home an ideal choice for those who value both convenience and an active lifestyle. The area’s beautiful natural surroundings and friendly atmosphere create a perfect backdrop for creating lasting memories. Whether you’re hosting a barbecue in the spacious backyard or enjoying a quiet evening indoors, this home provides the perfect setting for all of life’s moments. This exceptional property has been carefully maintained and is ready to welcome its new owners. Don’t miss out on the chance to make 225 Dorado Ave NE your own. Schedule your showing today and discover all the charm and possibilities this Palm Bay gem has to offer. From its modern features to its unbeatable location, this home truly has it all!
Source: STELLAR #O6267469
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 #O6267469
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.