4324 Bayshore Blvd NE, Saint Petersburg, FL 33703
6 beds · 5 baths · 4,324 sqft sqft
**Huge 110' x 132' lot** Being sold as a rehab or for lot value to build your dream home! Home and guest house have been remediated from Hurricane Helene flood and now are a blank canvas ready for your vision. Photos taken prior to Helene.*** Welcome to this gracious and spacious executive-style home on a 110’ x 132’ property nestled on one of northeast St. Pete’s most highly sought-after boulevards lined with multi-million dollar homes! Live the Florida lifestyle in this 3,934+/- SQ FT main house featuring 5-bedrooms and 4 baths and a 390+/- SQ FT GUEST HOUSE all wrapped around a beautiful and private tropical pool deck. Enjoy peace of mind with the SOLAR POWER system (owned) that services the entire property, whole house GENERAC GENERATOR supplied by gas line (no tanks), gas tankless hot water heater, and storm shutters for all windows and doors. In the main home you will love the tremendous great room, spacious bedrooms (3 downstairs / 2 upstairs), updated kitchen, formal dining room, family room, combo laundry room/pantry, a large interior storage room on the first floor, and an upstairs bonus room with its own entrance. The possibilities for the guest house are endless. Both the main home and guest house envelope a private outdoor entertaining space with a sparkling PebbleTec saltwater pool (solar heated) with a sun shelf, a super sweet putting green, spacious pool deck, and fenced-in backyard! This perfectly contained and private property is ideal for entertaining, the family and pets too. Located just 5 minutes from the 4th Street N shopping corridor and all the action that downtown St. Pete has to offer: nightlife, shopping, museums, waterside parks, fabulous restaurants, the Vinoy Resort and Golf Club, concerts, festivals, sporting events, and so much more. It also is conveniently located to I-275 for easy access to Tampa International Airport, downtown Tampa, and all points south. Buyer to verify all measurements & seller is licensed FL Realtor. Being sold AS IS.
Source: STELLAR #u8251462
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8251462
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: #u8251462
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.