24289 TOTH LN, Punta Gorda, FL 33955
THIS ONE-OF-A-KIND BEAUTIFUL, TROPICAL OASIS POOL HOME on EAGLE LAKE has an OVERSIZED 3 CAR GARAGE and is located in the desirable community of “BURNT STORE LAKES”. This amazing home has STUNNING LAKE VIEWS and GORGEOUS SUNSETS and SUNRISES! The property is surrounded by lush, tropical, mature landscaping that creates a natural PRIVACY WALL and there are no direct neighbors on either side. This peaceful setting has an outdoor covered “ZEN ROOM” for yoga, painting, gardening, meditating or just relaxing. The sparkling pool has solar heating. The screened deck and partially covered lanai is expansive (918sf). When you enter this wonderful home, you will be greeted by wide-open views to the pool and lake. The elegant foyer has a 13' tray ceiling. This custom BLOCK home has 3 large bedrooms, 2 bathrooms, an office/den and numerous upgrades that include 8’ doors, crown molding, 17” Italian porcelain tile, volume/tray ceilings, electric hurricane shutters on the lanai, and accordion shutters on the rest of the windows making preparation quick and easy. The living room has a 12’ tray ceiling, built-in shelving, electric fireplace and 15ft wide sliders leading out to the covered lanai and pool deck area. The open floor plan makes entertaining a breeze. The gourmet kitchen has 42” solid wood maple cabinets, granite countertops, stainless appliances, a pantry and island with bar top seating. The dining room has plenty of windows to bring the outdoors in, and sliding glass doors with amazing lake views. The office/den has floor to ceiling custom built-in bookshelves. The master bedroom features a tray ceiling, 2 walk-in closets, sliding glass doors to the pool area and sliding plantation shutters. The master bathroom has a double vanity, private water closet and walk-in shower. Both guest bedrooms are spacious and have walk-in closets. One of the bedrooms has direct access to the guest bathroom. The 3 car garage is 31’ x 24’ and offers plenty of storage areas, plus room for a golf cart or small boat, if needed. The garage ceilings are approx. 12’ high and the overhead doors are 8’ tall. BRAND NEW ITEMS INCL.: METAL ROOF with 40YR MFG WARRANTY, Solar Panels, Water Heater, Programmable Pool Pump and Well Irrigation Pump. The home is elevated 10' for lower flood insurance. This is a GOLF CART FRIENDLY COMMUNITY. The lakes are stocked with fish and you can FISH FROM YOUR OWN BACKYARD. Burnt Store Lakes Residents enjoy access to a community park, picnic pavilion, playground and a kayak/paddleboard/canoe ramp for residents only to explore the scenic Bear Branch Creek, Charlotte Harbor and the incredible wildlife in the Aquatic Preserve such as Manatees, Dolphins, Sea Turtles and an abundance of fish. Take your golf cart next door to BURNT STORE MARINA, renowned as "The Largest Deep-Water Gulf Access Marina on the SW Coast of Florida" with wet and dry boat storage, Fishing Charters and the Cass Cay Restaurant. Take advantage of optional memberships for Boating, Golf (27 holes-open to public), Tennis, Pickleball, and more. Just a short drive away are I-75, US 41, Shopping, Restaurants and, Punta Gorda and Fort Myers Airports. Easy access to Cape Coral, Port Charlotte, Top Rated Beaches, Golf Courses, World-Class Fishing and Entertainment that surround this SUPERB LOCATION! Stop dreaming and start enjoying the Florida Lifestyle !!!
You may be able to put down less than the total down payment amount of $2,367 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #w7865914