2944 Oriole Dr, Sarasota, FL 34243
3 beds · 3 baths · 2,036 sqft
WOW !! Price improvement! Welcome to your dream home at 2944 Oriole Dr, Sarasota, FL 34243, where luxury and serenity come together to create the ultimate Florida lifestyle. Nestled in a prime location, this stunning residence boasts 3 spacious bedrooms, 2.5 bathrooms, and a versatile den, providing ample space for family living, work-from-home needs, or entertaining guests.Hurricane shutters for your home protection. As you step into the home, you’ll be greeted by an expansive open floor plan featuring high ceilings, gorgeous tile flooring, and large windows that flood the space with natural light. The gourmet kitchen is a culinary masterpiece, outfitted with custom cabinetry, premium granite countertops, stainless steel appliances, and a large center island with seating. This space seamlessly transitions into a cozy dining area and a generously sized living room, making it ideal for hosting or simply enjoying a quiet evening in. The primary suite is a private sanctuary with a tray ceiling, plush carpeting, and serene views of the tropical backyard. The en-suite bathroom offers dual vanities, a walk-in shower, and a large soaking tub for ultimate relaxation. Two additional bedrooms are thoughtfully designed with ample closet space and share a beautifully appointed full bathroom. A versatile den can serve as a home office, fitness room, or guest space, tailored to your needs. Step outside into your very own tropical oasis. The expansive screened lanai recently replaced is perfect for entertaining, with a sparkling pool, heated spa, and a fabulous outdoor kitchen equipped with a grill and sink. The lush landscaping and no rear neighbors provide unparalleled privacy and tranquility, while the lanai’s covered dining area offers the perfect spot to relax with morning coffee or evening cocktails. This home is ideally situated just minutes from The Mall at University Town Center (UTC), Sarasota’s premier shopping and dining destination. The Mall at UTC features over 100 stores, a wide variety of upscale and casual dining options, and year-round events. Beyond the mall, the area offers a vibrant lifestyle with nearby parks, top-notch golf courses, and the Nathan Benderson Park, a world-class rowing facility and recreational haven. For beach lovers, Siesta Key Beach and Lido Key are just a short drive away, while St. Armands Circle and downtown Sarasota provide endless opportunities for cultural and culinary exploration. Additional features of the home include a two-car garage, a dedicated laundry room, and upgraded fixtures throughout. The community is well-maintained and offers a sense of exclusivity while still being close to everyday conveniences. Whether you’re relaxing in your private retreat, entertaining guests, or exploring all that Sarasota has in store, this home provides the perfect backdrop for your Florida lifestyle. Don’t miss the chance to own this extraordinary property! Schedule your private showing today and experience the perfect blend of luxury, comfort, and location.
Source: STELLAR #A4636565
Financials
Source: Public records
Source: STELLAR #A4636565
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.