5207 88th St E, Bradenton, FL 34211
3 beds · 3 baths · 2,757 sqft
**MAJOR PRICE ADJUSTMENT 10/28/24** You simply can't beat the view from this absolutely GORGEOUS 3 Bedroom (with separate OFFICE and separate DEN/LIBRARY - Easily converted to an official "4th" Bedroom), 3 FULL Bath Lakefront home in the GATED Rosedale Golf & Country Club Community! This gorgeous outdoor landscaping is maintained with a built-in irrigation system (featuring a newer system controller) and the sellers have just added a BRAND-NEW TERRA COTA BARREL TILE ROOF!!! This wonderfully private location offers not only a view of the lake, but an unobstructed view of the 8th Fairway of Rosedale's award-winning golf course! Relax by your PRIVATE POOL and enjoy the views or take it all in from the comfort of your personal SPA, the choice is yours! The over-sized covered LANAI area offers plenty of space to cook, eat, or simply relax! This home is an entertainer's dream! This home features the absolute LOWEST HOA Dues in the community!! **NO CDD FEES***CABLE, INTERNET, AND 24 HOUR MANNED GATED ACCESS (both Front and Rear Gate) are included in the LOW HOA dues!!*** All of this, and we haven't even checked out the open, spacious, luxurious interior floorplan featuring TONS of Natural light and incredible views from throughout the home!! The over-sized foyer entry gives way to a formal living area as well as a formal dining room with custom built-ins! This split-bedroom home homes 3 full bedrooms (2 on one side of the home with the master on the opposite side), but also features a SEPARATE OFFICE and a SEPARATE LIBRAY/DEN w/ en-suite full bathroom with door leading to the pool! The Library/Den could easily be converted into an official "4th bedroom", allowing plenty of room for your guests! The Great Room features a custom built-in entertainment center, gorgeous views, and TONS of natural light! The entire home has 11-foot ceilings throughout! This "Smart-Home" features a wifi enabled Rinnai Gas Tankless Water Heater with Recirculation Pump, multiple voice-controlled smart dimmer switches and light fixtures, updated LED lighting throughout (interior and exterior), newer plumbing fixtures in kitchen, laundry room, guest bath, and office bath, DUAL ZONED Heating/AC (one system is 1 year old, the other is approximately 4 years old), ceiling fans, upgraded kitchen appliances (including a brand new dishwasher), granite countertops, articulating TV mounts, a remodeled Master Bathroom with walk-in shower, and so much more! Move right in and enjoy all that Rosedale has to offer! GOLF CLUB MEMBERSHIP IS NOT REQUIRED. However, the OPTIONAL country club membership includes a Full Social Calendar, Jr. Olympic sized pool, 5 Lighted Har-Tru Tennis Courts, Championship 18 Hole Golf Course, Driving Range, 2 Putting Greens, New State-of-the-art Gym Facilities, Clubhouse with full bar & restaurant, Outdoor Dining Patio, Private Fitness Classes, Personal Trainer, Yoga Studio, Outdoor Pool-side Yoga Area, Golf and Tennis Leagues, Bocce Ball Court, 2 Dog Parks, and the "19th Hole" featuring Billiards, Poker, Darts, and Shuffleboard! You simply can't beat the location! Rosedale is located near the intersection of 70/75 - so, everything you will need is nearby! Some of the most beautiful beaches in the country are all easily accessible, including St. Pete Beach, Clearwater Beach, and Siesta Key! Boating, Fishing, World Class Restaurants, and so much more!! This is FLORIDA living at its absolute finest!!
Source: STELLAR #a4624947
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4624947
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: #a4624947
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