3201 Marcus Pointe Blvd, Pensacola, FL 32505
5 beds · 6 baths · 5,379 sqft
Two beautiful homes on one picture perfect lot!! The main home is a stunning, 3273 square ft, two-story stucco home on a beautifully manicured lot overlooking scenic golf course. The main house boasts 3 spacious bedrooms, each filled with natural light, and an office that provides a serene , functional workspace. Upstairs is the Master Suite with an abundance of space, a romantic gas fireplace for ambiance and/or heat and French doors leading to a quaint balcony with an outstanding view. The main level is an open layout with soaring ceilings which create an airy and elegant atmosphere. Cooking is easy and enjoyable in the chefs kitchen complete with black stainless appliances, a gas cooktop and a large pantry. A home built for entertaining large groups of friends and family. But the best part comes when stepping through the new, extra-large sliding doors (2023)!!! A home and backyard designed around Florida indoor/outdoor living. The resort like backyard features an outdoor kitchen, luxurious heated pool with new liner (2024), pool pump (2024), sand filter (2024), gas heater (2023) and a hot tub (2021) - all under a fully screened lanai. For extra peace of mind there is a removeable child safety fence already in place. This outdoor space will immediately transport you to your own personal paradise - imagine a staycation at HOME!!! Just off the pool deck, there is a detached 2-bedroom, 1936 square foot pool house with a furnished kitchen and living space providing an ideal retreat for guests or as an income-generating space. Parking is made easy with the 3-car oversized garage attached to the main home and the additional one car garage connected to the pool home. Bonus features: Roof (2021), 3 HVAC's (2021), most windows replaced (2023), main home front door (2023), slider doors in both homes (2023), Hot water heater upstairs (2023) and downstairs (2021). Golf cart ramp.
Source: PENSACOLA #652912
Source: PENSACOLA #652912
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: #652912
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.