3753 Andrew Jackson Dr, Milton, FL 32571
4 beds · 3 baths · 2,323 sqft
Discover the epitome of waterfront luxury in this stunning home nestled on over 100 ft frontage on Escambia Bay, with breathtaking, unobstructed water viewS. Located in the highly desirable Pace school district, An unbeatable location close to 9 Mile Road, ensuring you're just minutes away from shopping, dining, and only 30 minutes to downtown Pensacola. Highlights: - Waterfront Living: Over 100 ft of direct waterfront access on Escambia Bay, brand new roof, complete with a newly stained 182 ft extended pier featuring a large deck, lighting, water, power, and a 9000 pound boat lift with recently replaced bunks, wires, and cables. -Sophisticated Design: Open floor plan, accentuated by Brazilian Teak hardwood floors, new interior paint 2023, gas fireplace, and engineered stone countertops imported from Germany. - Ultimate Comfort: 4 spacious bedrooms, 3 full bathrooms, and new carpeting in the bedrooms. Walk-in closets with built-in shelving and a walk-through attic provide ample storage solutions. New water heater. - Outdoor Oasis: A large, gorgeous back deck accessible from the main living area and bedrooms, patio at the bottom of the back deck stairs, sets the stage for exquisite outdoor living. Three outside ceiling fans on the back porch, a heavy-duty storage box for hurricane shutters, and New architectural shingled roof ensure durability and convenience (June 2024). - Automotive and Storage Solutions: A 4 car garage equipped with two front-facing garage doors and two roll-up doors at the back facilitates waterfront enjoyment. The potential space for an elevator offers additional convenience and accessibility. - Prime Location: Situated in a serene part of Pace, close to essential amenities and leisure options.This home isn’t just a residence; it’s a lifestyle for those seeking the best of Florida living, from boating off the private pier to enjoying serene views and outdoor entertaining. A perfect blend of luxury and convenience.
Source: PENSACOLA #645098
Source: PENSACOLA #645098
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: #645098
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.