2918 BAYSHORE POINTE DR, Tampa, FL 33611
Welcome to your dream home in the sought-after Bayshore Pointe Townhomes community! This 3-story gem offers 3 bedrooms plus a versatile bonus room, perfect for a home office or additional living space. With 2.5 bathrooms, this townhome is designed for comfort and convenience. Step out your back door and take a few steps to the community pool, making it easy to enjoy sunny days with a refreshing swim. The community also features pickleball courts, basketball, a dock with breathtaking views of Tampa Bay, and a beautifully landscaped pool area with bathrooms and sitting areas overlooking a serene pond. The virtual guard-gated entrance ensures peace of mind in this tranquil neighborhood. Inside, you'll find luxury touches like travertine flooring, a screened porch on the first floor, and a balcony on the second floor for relaxing outdoor moments. The kitchen is a chef's delight with granite countertops, stainless steel appliances, and gas cooking. The indoor laundry room adds convenience, while the garage boasts built-in storage. This home also offers an incredible financial opportunity with an assumable loan of $462,XXX at a competitive 4.74% interest rate—an excellent way to save money! Plus, with short-term rentals allowed, it’s perfect for those looking for an investment property. Located just 5 minutes from MacDill Air Force Base, this townhome is ideal for military personnel or anyone seeking a vibrant community close to all that Tampa has to offer. Don't miss out on this exceptional property—schedule your showing today!
You may be able to put down less than the total down payment amount of $63,190 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: #t3552591