490 Sandy Hook Rd, Treasure Island, FL 33706
3 beds · 3 baths · 2,130 sqft sqft
ISLAND LIVING AWAITS! Enjoy blissful living in PARADISE VILLAGE TOWNHOMES, a luxury Key West style development on Treasure Island. FULLY RENOVATED 3 story dwelling with an expansive main level living space which sets the tone for elegance. Beautiful honey colored bamboo flooring and stairs, and a wood burning fireplace adds a cozy touch. The contemporary eat-in kitchen is a culinary dream with granite countertops, white cabinetry, new (2022) LG ThinQ smart refrigerator, (new 2022) LG ThinQ smart range, (new 2022) LG Dishwasher, wine cooler & microwave, (new 2022) water heater, and walk-in kitchen pantry. A discreetly placed half bathroom with shiplap accent wall adds convenience and functionality to this level, ensuring your living space remains perfect for entertaining. The third floor is dedicated to rest and relaxation with three bedrooms. The primary suite is a peaceful sanctuary, complete with vaulted ceilings, balcony and a designer (Closets by Design) walk in closet with cedar shelves. Private primary bath with double vanity sink, 2 person jacuzzi tub & oversized separate walk-in glass enclosed shower. Large laundry closet on top level with (newer 2022) washer/dryer LG mega capacity with turbo wash 3D. Two additional bedrooms provide flexibility for your needs, whether as guest rooms, a home office, or a cozy space for family. A shared full bathroom ensures comfort and convenience for all occupants. In 2022 the fresh supply plumbing lines were replaced with CPVC piles. A new customized (chair) stairlift installed 2023 (WHICH WILL BE REMOVED AND WOOD FLOORS REPAIRED IF BUYER DOES NOT NEED CHAIR LIFT). Ground level secure 2 car garage; plus finished extra bonus room (not included in heated sq ft) for workshop/media/craft room/storage with wall AC unit and slider doors to covered patio. The community has two pools, updated paver drives and lush tropical landscaping. Recreation area for grilling and fishing pier. Pet friendly community! Ideally located on Treasure Island, enjoy easy access to beautiful beaches, delectable dining, and a myriad of recreational activities.
Source: STELLAR #u8219159
Source: STELLAR #u8219159
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #u8219159