4609 Palmetto Palm Dr, Gulf Breeze, FL 32563
4 beds · 3 baths · 2,800 sqft
Immaculate Craftsman Style Home in Nature's Cove! This meticulously maintained residence offers the perfect blend of modern luxury and timeless charm. Step inside to discover an inviting open concept floor plan, accentuated by stunning tile flooring and tray ceilings. The heart of the home is the gourmet kitchen, boasting a large island, stainless steel appliances, granite countertops, crown molding, and an inviting eat-in area for casual dining. For more formal occasions, entertain guests in the elegant dining room. Unwind in the living room by the warmth of the gas fireplace or retreat to the lavish master suite featuring a spa-like 5-piece ensuite bathroom, complete with a walk-in shower encased in sleek glass, a luxurious soaking tub, and double vanities. Plus, revel in the convenience of a spacious walk-in closet, offering plenty of storage for all your wardrobe needs. With three additional bedrooms and two full bathrooms, there's ample space for family, guests, or a home office. Step outside to the expansive covered patio, where you can enjoy alfresco dining or simply relax while taking in the serene views of the beautiful backyard, which borders a tranquil open forest. Don't miss this opportunity to make this pristine home yours. Schedule your showing today and experience luxury living at its finest in Nature's Cove! THIS HOME IS PRICED TO SELL!! Fencing quote available in the docs section.
Source: PENSACOLA #657126
Interest rate and monthly payment estimated based on public records.
Source: PENSACOLA #657126
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: #657126