24485 Tangerine Ave, Punta Gorda, FL 33980
4 beds · 4 baths · 3,354 sqft
Welcome to this breath-taking 2-story pool home, perfectly nestled on 5 lushly manicured acres, complete with an electric gate for added privacy. New roof (2022)! This gorgeous property offers 5 bedrooms, 3 and a half bathrooms and everything you need for comfortable living and entertaining. Step inside and be greeted by the inviting family room with soaring cathedral ceilings, rich solid wood floors, and multiple ceiling fans for year-round comfort. Just beyond, the formal dining room with elegant crown molding currently doubles as a stylish dry bar, adding a touch of sophistication. A convenient half bath is also available for guests. The heart of the home is the gourmet kitchen, a true chef’s delight. Featuring cherry wood cabinets, solid surface countertops, and high-end stainless steel appliances, including double convection ovens, a microwave, two dishwashers, and a gas Dacor 6-burner stove top with a stainless steel hood. The oversized double-door fridge and R.O. system complete this dream kitchen. It seamlessly flows into the family room, making it perfect for entertaining. Downstairs, you’ll find an in-law suite with a spacious bedroom and a full bath with dual sinks and a tub/shower combo. The inside laundry room offers plenty of storage and comes complete with a washer, dryer, utility sink, and closet. Upstairs, the master suite is a true retreat with wood floors, a ceiling fan, and sliding doors that lead to a private balcony overlooking the sparkling pool. The master bath boasts a large walk-in closet, dual sinks, and a luxurious walk-in shower. Two more bedrooms offer ample space, each with wood flooring and ceiling fans, plus a third full bath with a tiled walk-in shower. Step outside to your own private oasis – an in-ground pool with a diving board and a paver deck, perfect for hot summer days. The covered lanai offers plenty of space for entertaining, and the BBQ area is ideal for hosting gatherings with countertops and cabinetry for all your grilling needs. Additionally, the property features a serene pond, a huge garden (that was once a clay tennis court that can easily be converted back) and a separate building that could be transformed into a 3-bedroom, 2-bathroom home. This home is packed with upgrades, and it’s just waiting for you to make it your own. Located conveniently close to schools, restaurants, and shopping, this is the perfect place to call home. Schedule your private tour today and experience all that this property has to offer!
Source: STELLAR #C7505423
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 #C7505423
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.