344 Maraviya Blvd, Nokomis, FL 34275
3 beds · 4 baths · 2,789 sqft
Get a free consultation call with an expert in the mortgage assumption process.
One or more photo(s) has been virtually staged. Experience the essence of waterfront living in this stunning lakefront luxury residence. Located on an almost 1/4-acre homesite with coveted western exposure on the sought after Lake Awesome, this home is designed to showcase long lake views. It features an infinity-edge saltwater pool and spa, as well as an oversized lanai and outdoor kitchen. Entering through the wide double doors, you are immediately captivated by the beautiful water views and outdoor living space. The modern floor plan includes a spacious, open great room, a large kitchen with a butler’s nook, and a generous walk-in pantry. There is a cozy dinette area that overlooks the picturesque outdoors, and for those who prefer a formal setting, a dining room is available at the front of the home. This formal dining room could also serve as an additional office or TV area. The expansive primary suite, located at the back of the home, features a generous walk-in closet, an en-suite bathroom with a walk-in shower, and dual vanities. Designed with comfort in mind, the main living areas—including the dining room and den—are adorned with coastal wood plank-look porcelain tile. The luxury kitchen boasts upgraded two-tone cabinets with soft-close features, beautiful quartz countertops, a designer backsplash, and stainless steel KitchenAid appliances, including an induction cooktop, built-in oven, microwave, vent hood, and a modern four-door refrigerator. Additional enhancements include a whole-house water filtration system, reverse osmosis system, plantation shutters, and automatic blackout shades in the primary suite. The air-conditioned garage is equipped with two electric vehicle charging stations. Extensive crown molding, large baseboards, high ceilings, and rich architectural details such as tray ceilings enhance the custom feel of this home. The over 700-square-foot lanai offers an infinity-edge pool and spa, an outdoor kitchen for al fresco dining, a powder bath, and automatic sun shades. Toscana Isles is a gated, resort-style, maintenance-free community designed for an active lifestyle. Residents can enjoy kayaking, canoeing, and fishing on over 200 acres of interconnected lakes. The 8,000-square-foot clubhouse includes a fitness center, ballroom, billiard room with big-screen TVs, a heated, resort-style infinity-edge pool, and courts for tennis, pickleball, and bocce. Toscana Isles offers easy access to beautiful Suncoast beaches, just 10 minutes away, as well as the Legacy Bike Trail and the vibrant downtown areas of Venice and Sarasota, known for their rich cultural offerings, excellent shopping, and gourmet restaurants. Additionally, Sarasota Memorial Hospital recently opened its new, nearby Venice campus, providing peace of mind for you and your loved ones. Be sure to watch the full-motion drone fly-through video of the home. Call today for your private showing!
Source: STELLAR #A4646116
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 #A4646116
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.