4929 12th Ave S, Gulfport, FL 33707
3 beds · 2 baths · 1,416 sqft
Welcome to your new, bungalow style, private oasis seated in the heart of Gulfport, Florida! This 3 bedroom, 2 bathroom open floor plan home boasts top of the line finishes and immense attention to detail. When you arrive at the front of the home, you will discover a decorative concrete circular driveway for easy parking as well as a covered front porch and beautiful landscaping. Upon entry, you will be greeted by a foyer leading down a hallway to the open kitchen, equipped with a breakfast bar, freshly painted cabinets, stainless steel appliances, and granite countertop finishes. This kitchen flows into a large open concept living and dining room, perfect for family gatherings and entertainment. Off to the side of the kitchen you will find the laundry closet that is equipped with new washer and dryer as well as additional overhead storage space. The master bedroom spares no expense with His and Hers closets as well as a modern style master bathroom that boasts luxurious tile work and an oversized glass walk-in shower. Each bedroom has vinyl plank floors and is equipped with ample storage space and one murphy bed that allows for additional room. At the back of this home, there is a covered patio for additional entertainment and relaxation space as well as an oversized backyard that is fully enclosed with wooden fencing. Large built in shed outside allows for bonus additional storage. Newer electrical, plumbing, AC, 3 Ton HVAC system, roof, and outdoor irrigation system with permits. New water filtration system, heater, and french drains added when new landscaping was completed. NO FLOOD ZONE! Located just minutes from Gulfports Historic District's shops, restaurants, and pier, as well as Downtown Saint Petersburg, and Florida's award winning Gulf Coast Beaches! Don't wait! This rare opportunity will not last long! Call today to schedule your private showing.
Source: STELLAR #tb8330701
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8330701
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: #tb8330701
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.