44 Highpoint Dr, Gulf Breeze, FL 32561
4 beds · 4 baths · 3,876 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Experience the best of coastal lifestyle in this beautifully designed, nearly 4,000 sq ft single-level stucco home, with three large bedrooms plus a fourth bedroom that has been converted into an office with built-ins and cabinets, plus a view! This property is located in a highly coveted Gulf Breeze area in a vibrant, golf cart-friendly neighborhood with activities and amenities just steps away. Enjoy direct access to Woodland Lake Bayou, part of the Bluewater Kayak Trail, ideal for paddleboarding and kayaking. The property features unobstructed bayou views, a grandfathered 75-ft dock with a 170 sq ft platform, 35-ft walkway, 625 sq ft covered double boat lifts, and a kayak lift. Wildlife sightings of bald eagles, dolphins, and ospreys make this a nature lover’s paradise. Recreation abounds with pickleball, tennis, and basketball courts, plus Woodland Park just down the street. At 20 ft elevation, no flood insurance is required, and the sea wall is in great condition along the 75ft of waterfront. The home boasts professional landscaping, mature oaks and magnolias, extensive paver walkways, a courtyard with fountain, and an 18-ft aluminum screened pool enclosure (re-screened 2025). The outdoor kitchen features a Blaze grill, burner, and newly painted Naturekast cabinets. Interior highlights include 4-panel sliding glass doors, two gas fireplaces, epoxied 2-car garage with golf cart space, garage attic stair access, Maytag W/D (2021), Toto Washlet, whole-house Generac generator, HomeKit-enabled controls, central alarm system, two new water heaters (2024/2025), and Wi-Fi irrigation system with well. Recent updates include roof and exterior paint (2020), city sewer conversion has been paid, and hurricane shutters/panels are included. The active Woodland Bayou POA maintains access and bayou health and is voluntary. This home is a MUST SEE!
Source: PENSACOLA #660945
All values shown are estimated costs / mo.
Source: Public records
Source: PENSACOLA #660945
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.