2567 COVE RD, Navarre, FL 32566
Welcome to your oasis in Holley By The Sea! This enticing home boasts a heated saltwater-enclosed pool and an outdoor kitchen. With 4 bedrooms, an office, and 3.5 baths spread over 3,282 square feet, comfort and space abound. Situated on over half an acre, the expansive backyard extends to a tranquil creek, providing ample room for outdoor gatherings. Inside, the airy split-floor plan showcases double leaded glass doors, a generous great room with a striking rock wall fireplace and built-in entertainment center, formal dining area, and a study with elegant French doors. The kitchen, with its granite countertops and island, invites interaction with guests, while the breakfast room offers additional seating or relaxation space. This beautiful home, nestled in a pristine neighborhood is only minutes from shopping, restaurants, and most importantly, the gorgeous white sands and emerald waters of Navarre beach. Experience the ultimate family adventure at the Holley By The Sea HOA facilities, where a myriad of amenities await your enjoyment. Dive into action on our 8 pristine Clay Tennis Courts, gather for unforgettable events at our charming Beach House Event Hall, and immerse yourself in nature at our RV and Tent Campground. Make a splash in the Lap Pool or Family Pool, or delight in the joy of little ones at the Baby Pool. Stay fit and energized in the state-of-the-art Weight Room and Cardio area, challenge friends to a game at the Volleyball Court or Basketball Court, or engage in friendly competition at the Ball Field. Plus, the dedicated Youth Department ensures endless entertainment for the younger members of your family. Holley By The Sea promises an unforgettable experience for every generation. Come check out all that 2567 Cove Rd has to offer. Schedule your showing today!
You may be able to put down less than the total down payment amount of $68,166 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: #o6202381