5335 Embassy Ave, New Port Richey, FL 34652
1 beds · 2 baths · 868 sqft
Now Available: Rarely Offered 1BR/1.5 Bath Villa-Style 55+ Condominium located at Imperial Embassy IV Opportunity knocks with this highly desirable First-Floor, Corner-unit, One Car Garage Condominium—designed in a villa style with no neighbors above or below. Located in the exceptionally well-managed community of Imperial Embassy IV, this residence offers comfort, convenience, and long-term value. Step inside to a professionally cleaned, well-maintained interior featuring wood laminate and tile flooring throughout the main living spaces & carpet in the large bedroom. The oversized primary bedroom offers natural lighting with windows on two sides, a built in closet as well as a larger walk-in closet for ample storage. A spacious living room provides the flexibility to create a home office area without sacrificing comfort or style. The updated kitchen is thoughtfully laid out and overlooks the dining area, creating a seamless flow for entertaining or daily living. Appliances include a refrigerator, range, microwave, dishwasher, and a dryer currently located in the attached one-car garage—which can convey with the property. Some key highlights include: One Full Bath and One-half Bathroom, Updated kitchen and decent appliances, a Private one-car garage attached. Low Condo Fee of $350/month covering water, trash, sewer and access to the Community Pool and Clubhouse within a short walking distance. The Clubhouse offers a convenient USPS Mail drop off box. There is plenty of seating & tables for those who want to relax, swim and unwind. You'll also find a shuffleboard court and a wonderful welcoming atmosphere, perfect for mingling with neighbors and enjoying the Florida LifeStyle at an affordable price. Conveniently located less than two miles from Publix and major shopping centers such as TJMaxx, Burlington,McDonalds, Starbucks and more all in the same plaza. Enjoy the benefits of condo living—no responsibility for exterior painting or roof maintenance. This unique layout and premium corner location add even more value and appeal. This complex is not in a flood zone and was not effected by the Hurricanes of 2024. Location goals? Nailed it! Only 17 miles to Honeymoon Island, 7 Miles to the Famous Sponge Docks in Tarpon Springs Opa, 4 miles to a local Green Key Beach, and 25 miles to Clearwater’s sparkling waters—yes, please! You’re also just 31 miles from Tampa International Airport, close to hospitals, shops, and everything you need. Imperial Embassy IV is a Remediated SinkHole Community Fully Insurable. This truly is a great location especially if you enjoy sun, sand, and the perfect spot to live your best Florida life — this condo has it all Affordable Condo's like this rarely hit the market so call me today.
Source: STELLAR #W7874163
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Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #W7874163
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
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.
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.
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 “Save search” 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.
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 620, 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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.