2302 8th Ave W, Bradenton, FL 34205
3 beds · 1 baths · 1,688 sqft
**Charming 3-Bedroom, 1-Bathroom Home with Bonus Florida Room and Endless Potential Near Downtown Bradenton** Nestled on a quiet street yet just minutes from the heart of Downtown Bradenton, this spacious 3-bedroom, 1-bathroom home offers the perfect balance of tranquility and convenience. The property features a **Bonus Florida room with classic terrazzo flooring**, providing a bright and airy space perfect for a sunroom, office, or additional lounge area. Plus, it's already plumbed for a second bathroom, offering endless possibilities—whether you want to add a mother-in-law suite, create a rental unit for extra income, or expand the living space, the potential is all yours. Inside, **beautiful hardwood flooring** adds warmth and character throughout the home. A **durable metal roof** ensures longevity and energy efficiency. The **large lot (over 1/4 acre) is a gardener’s paradise**, featuring a variety of fruit trees such as banana, mango, avocado, mulberry, soursop, and more. A list of all edible trees, bushes, and plants is available upon request. The spacious backyard offers ample room for outdoor living, and alley access adds both privacy and convenience—perfect for storing your boat, RV, or other toys. With **no HOA**, you’re free to make the space your own. Enjoy the serenity of a quiet street while being close to shopping, dining, and entertainment—this home is a perfect canvas for your next project!
Source: STELLAR #A4638879
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 #A4638879
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.