5336 Georgia Peach Ave, Port Orange, FL 32128
4 beds · 3 baths · 2,183 sqft
Stunning Waterfront Home in Port Orange Plantation, 4 Bedrooms 2.5 Bathrooms, 3-Car Garage plus a Bonus Loft. Experience the luxury of living in the highly sought-after community of Port Orange Plantation. Situated on a quiet cul-de-sac, this DR Horton Sequoia model is the largest in the subdivision and offers the rare bonus of a three-car garage. With its premium waterfront location overlooking a serene man-made waterway, this home offers an exceptional living experience that combines comfort, style, and tranquility. Boasting 4 bedrooms and 2.5 bathrooms, this home features an open-concept layout that effortlessly connects the great room and kitchen, creating a perfect space for entertaining guests or enjoying quality time with family. The bonus room loft on the second floor provides endless possibilities: use it as a 5th bedroom, a home office, or even a rec room. Your private retreat awaits in the master suite, conveniently located on the first floor. Relax in the spacious bedroom with large walk-in closets, and unwind in the spa-like ensuite bathroom featuring a garden tub, separate walk-in shower, and double vanity for added comfort. Prepare meals in style in the chef-inspired kitchen, which is equipped with beautiful quartz countertops, white cabinets, recessed lighting, and a full stainless steel appliance package. The breakfast bar provides a convenient space for casual dining or gathering with loved ones. Step outside to your screened porch and take in the peaceful water view. Whether you're enjoying a cup of coffee in the morning or relaxing in the evening breeze, the waterfront setting offers a serene escape just steps from your door. This home is perfectly situated near all the conveniences you need. It’s just minutes from shopping, restaurants, medical facilities, and Coraci Sports Complex, plus has easy access to I-95 and I-4 for a quick commute. And for beach lovers, you’re only a short drive away from the gorgeous local beaches. With no flooding during storms and a high & dry location, this home is both safe and stylish, offering the lifestyle you’ve earned. Don’t miss out on this rare opportunity to own a waterfront home in Port Orange—schedule a tour today!
Source: STELLAR #NS1082986
Financials
Source: Public records
Source: STELLAR #NS1082986
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.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.