2600 46th St S, Gulfport, FL 33711
3 beds · 3 baths · 1,335 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Welcome to your Gulfport retreat! This charming 3-bedroom, 2-bathroom home is situated on a spacious corner lot with a fully fenced yard, offering both privacy and relaxation. The flexible floor plan includes a mother-in-law suite that divides the home into a 2/1 main area and a 1/1 mother-in-law suite. The suite features its own private entrance, kitchenette, yard, living room, front and back lanai and parking, making it ideal for rental income, extended family, or guest privacy. Double soundproof doors allow you to seamlessly connect the spaces or keep them separate, offering the option to function as a duplex. You could use the property as a short-term rental, choosing when to earn or when to open the entire house for personal enjoyment. Alternatively, live on one side while renting the other long-term, or simply use the additional space to provide your guests with extra privacy. This home has been thoughtfully updated with modern essentials, offering peace of mind for years to come. Recent upgrades include a new roof (2021), HVAC system (2018), mini-split AC (2022), water heater (2017), and new pavers (2021). The screened lanai provides the perfect space to enjoy your morning coffee or unwind in the evenings while overlooking the serene backyard covered by mature oaks. Situated in a prime Gulfport location, this home offers unbeatable convenience. Just steps from the Gulfport Marina, Lions Club, Clam Bayou Park, a kayak launch, and a scenic bike trail connecting to the Pinellas Trail, outdoor adventures are right at your doorstep. A short golf cart or bike ride brings you to Gulfport’s vibrant Waterfront District, where you’ll find eclectic shops, top-rated restaurants, and lively events that capture the heart of this unique community. Plus, you’re only 10 minutes from downtown St. Petersburg and the stunning Gulf beaches. This home had no damage from the recent storms. With its convenient location, thoughtful layout, and modern updates, this home offers the best of Gulfport living. Don’t miss the chance to make it yours, schedule your private showing today!
Source: STELLAR #TB8343025
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 #TB8343025
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.