VA loan
1 of 47
VA loan

2488 Abaco Dr, Navarre, FL 32566

4 beds · 3 baths · 2,380 sqft

**NO HOA - Embrace the Ultimate Lifestyle Upgrade!**Step into your future with this captivating 4-bedroom, 3-bathroom residence that perfectly marries modern elegance with everyday comfort. Situated only 15 minutes from the sparkling Navarre Beach and 25 minutes from Hurlburt Field, this home offers an unbeatable blend of coastal allure and convenient access to work.Inside, a smartly designed split floor plan ensures ample privacy and room to thrive. The master suite is a true sanctuary, featuring dual walk-in closets and an indulgent en-suite bathroom complete with a separate shower and a sumptuous garden tub--your perfect escape after a long day.Plus, enjoy an attractive seller offer of $5,000 toward buyer closing costs or a rate buy-down.Schedule your showing today! As you step inside, you'll be greeted by a welcoming foyer that leads to a versatile living room. Adorned with elegant glass French doors, this space offers the perfect setting for a cozy living area or a private home office, ideal for those who work remotely or need a quiet retreat. The heart of this home is the spacious kitchen, a chef's delight with abundant counter space and cabinetry, perfect for preparing meals and entertaining guests. Adjacent to the kitchen, an open-plan dining area provides a seamless flow for family meals and gatherings. Three additional bedrooms and two well-appointed bathrooms provide plenty of space for family and guests, ensuring everyone has their own private haven. Each room is designed with comfort and functionality in mind, making this home as practical as it is beautiful. Location is key, and this home delivers. With the stunning Navarre Beach just a short drive away, you can enjoy sun, sand, and sea whenever you please. Additionally, Hurlburt Field is conveniently close, making this home perfect for military families seeking proximity to the base. Experience the perfect combination of luxury and convenience in this beautiful home. Don't miss the opportunity to make it yours. Contact us today to schedule a viewing and see for yourself all that this remarkable home has to offer.

Location
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Loan details
Monthly payment

All values shown are estimated costs / mo.

Total
$1,503
Principal & interest
$1,025
Mortgage insurance
-
Property taxes
$117
Home insurance
$361
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
2,380 sqft
Lot size
0.18 acres
Year built
2013
Type
Single Family Residence
HOA dues
$0.00

Source: EMERALDCOAST #952151

Qualify

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.

Resources
Frequently asked questions

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.

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Last updated: Apr 17, 2025 11:37 am
Listing agent: Jeremy L Ricondo (850) 637-4435
Listing provided courtesy of: Keller Williams Realty Gulf Coast (850) 471-5000
Details provided by EMERALDCOAST and may not match the public record.
MLS ID: #952151
IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.