4675 Chancellor Cir NE, Saint Petersburg, FL 33703
3 beds · 3 baths · 2,160 sqft
Welcome to your perfect Florida oasis, nestled in the highly desirable Shore Acres neighborhood of St. Petersburg! This elevated 3-bedroom, 2.5-bathroom pool home has been thoughtfully updated with a brand-new roof, new vinyl fence, and new downstairs A/C unit, ensuring comfort and peace of mind for years to come. Step into a spacious living area with soaring vaulted ceilings and enjoy the newly installed luxury vinyl tile flooring, paired beautifully with plush carpet upstairs. The heart of the home—a large kitchen—boasts stone countertops, stainless steel appliances, and ample cabinet and counter space, making it a chef’s delight. Downstairs, you’ll find a versatile bonus room with a half bath, perfect for a game room, office, or guest retreat. The large storage room and covered parking add practicality to this impressive property. The outdoor living spaces are nothing short of spectacular. Perched on a generous corner lot, the property showcases a gorgeous pool, expansive outdoor entertainment areas, and a screened-in balcony overlooking the sparkling water—perfect for year-round relaxation and hosting friends and family. Shore Acres is more than a neighborhood, it’s a lifestyle. Here, you’ll enjoy Proximity to Everything! Minutes from Downtown St. Petersburg, Whole Foods, Trader Joe’s, and Fresh Market, as well as vibrant dining, shopping, museums, and waterfront parks not to mention world famous beaches not too far away. Explore the new $11 million Shore Acres Recreation Center featuring pickleball, basketball, waterslides, and more. Outdoor enthusiasts will also love the nearby tennis courts, kayaking spots, and trails. This community has lots of charm! Stroll or golf-cart your way to local markets, participate in annual events, and soak in the sense of camaraderie this neighborhood is known for. With quick access to top-rated schools, pristine Gulf beaches, Tampa Bay, and the airport, this home checks all the boxes for modern Florida living. Don’t miss your chance to own a piece of paradise—schedule your private showing today and make this incredible Shore Acres property your forever home!
Source: STELLAR #tb8321430
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8321430
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: #tb8321430
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.