2582 Vista Cir, Shalimar, FL 32579
4 beds · 5 baths · 4,290 sqft
Welcome to your dream waterfront paradise at The Pointe - a hidden gem nestled in a small, exclusive gated community on the pristine shores of the Choctawhatchee Bay in Shalimar, FL. If you've ever yearned for a life on the water with stunning panoramic views, sunrises, sunsets, boating adventures, dolphin watching and luxurious living, this 4290 sq ft, 4-bedroom, 4 bath 1 half bath masterpiece is calling your name! As you enter, you'll immediately notice the sheer quality and attention to detail that defines every inch of this home. Woodgrain tile flooring runs seamlessly throughout, setting the stage for elegance and easy maintenance. With an elevator servicing all three floors, this abode caters to the convenience of modern living, making it accessible to everyone. The house has been updated with fiberoptic internet for the fastest upload speeds possible. The first floor is a haven unto itself, featuring two spacious bay front bedrooms, kitchenette and living room with incredible water views that will have your guests never wanting to leave. This level also boasts a full handicap accessible bathroom and a full bathroom. French doors lead you to a covered porch. Picture yourself sipping your morning coffee while watching the bay come to life or enjoying a nightcap as the sun dips below the horizon. Venture up to the second floor, and you'll be greeted by breathtaking water views from every angle. The living room, adorned with expansive picture windows, connects seamlessly to a large balcony, where you'll find the perfect spot to unwind, entertain, grill out or simply soak in the serene surroundings. This dream kitchen is complete with white cabinets, stunning leather granite countertops, a convection cooktop, and recessed lighting. A walk-in pantry adds an extra touch of practicality, making meal preparation a breeze. There is a bedroom with full bath and a conveniently located half bath for guests. The entire third floor is a primary bedroom haven. Wake up to glorious water views, with recessed lighting setting the mood for your day. Two spacious walk-in closets plus a dedicated storage room provide ample storage. The master bathroom is a spa-like retreat, boasting tile flooring that expands into the stand-up shower with a waterfall shower head, a separate soaking tub, and a dual vanity with marble countertops. There are two rooms that can be off the primary bedroom that serve as his and hers computer rooms. French doors open to an expansive covered balcony But it's not just the inside that will capture your heart. With 72 feet of Bay front property, you'll have a private dock, featuring two boat lifts and a fish cleaning station. The back yard also boasts an inground gunite pool/spa and gas firepit. You'll have unrestricted views access to Choctawhatchee Bay from anywhere you choose. Whether you're a boating enthusiast or simply love the idea of spending weekends exploring the crystal-clear waters, this is the perfect launchpad for aquatic adventures including crab island, numerous boat accessible restaurants intercoastal waterway and Destin Pass.
Source: EMERALDCOAST #966799
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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
Source: EMERALDCOAST #966799
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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.
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.
How can you find assumable mortgage listings?
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.
How do I qualify for an assumable mortgage?
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.