2881 Beluga Bay Dr, Odessa, FL 33556
3 beds · 3 baths · 1,673 sqft sqft
Find your slice of easy, maintenance-free living in the highly sought after community of The Preserve! This gorgeous 3 bedroom, 2.5 bathroom townhome is tucked away on a quiet street, providing an escape from the busyness of life in a community that offers all of the modern amenities. Almost new, this townhome was built in 2021 - and with just under 1700 square feet of living there’s no shortage of space or storage! Rest easy knowing both floors are made of solid block construction and NOT located in a flood zone (didn’t even lose power in either storm)! The interior features an airy open-concept living and dining space, powder room and modern kitchen with stainless steel appliances, upgraded faucet, pendants and under-cabinet lighting - perfect for all your entertaining needs. The oversized walk-in kitchen pantry, storage under the stairs, and multiple closets throughout the home ensure you’ll have plenty of space for all of your things. Head upstairs to find three bedrooms as well as conveniently located laundry which includes BOTH washer and dryer. The primary bedroom has two separate closets and an en suite bathroom. Walk across the hall to two more spacious bedrooms and a full bath. Additional upgrades include a screened-in patio, hurricane shutters, and whole home automated system from alarm.com that allows you to control temperature, outdoor lighting and front door camera. Amenities at The Preserve are unparalleled and include: clubhouse, fitness center, two community pools, playground, dog park, basketball court and direct and private access to the scenic 42-mile Suncoast Trail. Grab your walking shoes or bike and enjoy watching picturesque sunsets in the cool of the evening. Publix is just inside the entrance to the community, along with other shopping and dining options - you’ll never have a reason to leave! But in case you have to jump on the freeway, the Suncoast Highway and SR 54 are just a few minutes away, ensuring you’ll have quick access to anywhere in the Bay Area. Come see your new home that is the perfect blend of cozy oasis, breathtaking nature, and contemporary amenities - in the most unbeatable location!
Source: STELLAR #tb8312945
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8312945
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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 “Get Notified” 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 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.
MLS ID: #tb8312945
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.