4043 Caddie Dr E, Bradenton, FL 34203
2 beds · 2 baths · 1,530 sqft sqft
NO HURRICANE OR FLOOD DAMAGE!!! Do you want to live in a solidly built concrete block in a golf community? Do you want your house to be waterfront but not in a flood zone? Set in a maintenance-free country club setting with top-notch amenities, this 2BR + Den/2BA home offers the best of all worlds. This move-in-ready residence is offered mostly furnished and features an open-concept design, great room, vaulted ceilings, custom woodwork, and spectacular lake views. Engineered hardwood floors flow throughout the main living spaces, adding to the home's low-maintenance appeal. The eat-in kitchen is ideal for those who love to cook, boasting solid wood, soft close cabinets with roll-outs and pot drawers, ample counter space, and custom marble backsplash. Stepping outside to the spacious screened waterfront lanai, you'll love the tranquil lake views and abundant birdlife, a wonderful extension of your living space that enhances your indoor/outdoor lifestyle. The split-bedroom layout ensures privacy for guests and owners alike with the waterfront Primary Suite boasting vaulted ceilings, access to the screened lanai and an ensuite bathroom with double bowl vanity, soaking tub, walk-in shower, and custom walk-in closet. The very private second Bedroom is nestled on the other side of the home with a conveniently placed, updated bathroom and interior laundry room plus separate den that could be a third sleeping space. For your convenience, this home has an attached 2 car garage with built-in cabinets and attic storage plus a 2018 A/C. Living in Peridia Isle, your monthly $292 Master Association fee gives you access to a full range of amenities including the Peridia Country Club with restaurant and lounge overlooking the golf course ($450 annual food/beverage minimum), heated pool, fire pits, pool-side tiki bar, lighted tennis/pickleball courts, and active social calendar. For golf enthusiasts, there’s an 18-hole course (Pay-As-You-Play/No Mandatory Golf Membership), practice net, putting green, and Pro Shop. To support these Community amenities, there's a one-time $4,000 capital contribution fee. Your furry friends will love it here too...this community is pet friendly, allowing up to two domesticated pets (under 50 lbs each). When you want to explore beyond your personal oasis, this community offers nearby shopping, restaurants, the UTC Mall, medical facilities, proximity to I-75, and easy access to the cultural activities/airports of Tampa/St. Pete/Sarasota. For those who own recreational vehicles, RV storage is available nearby for an additional fee. With no CDD fees and yard care included for $152/month, this home offers exceptional value. Experience the perfect blend of sturdy construction, great water views, elegant design, and country club living at its finest—schedule a visit today!
Source: STELLAR #a4625132
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4625132
Source: Public records
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: #a4625132
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