5337 SANDY SHELL DR, Apollo Beach, FL 33572
One or more photo(s) has been virtually staged. Welcome to your dream lakefront retreat! This stunning 6-bedroom, 4-bathroom home boasts a spacious 3-car garage and is situated on an oversized lot, offering ample space and privacy. With over 3100 square feet of heated space and 10-foot ceilings, this home offers a sense of luxury and comfort. As you step inside, you'll be greeted by an inviting open concept layout, perfect for entertaining guests or simply enjoying the serene lake views. The first floor features wall-to-wall 18” x 18” tile, adding a touch of elegance to the space. The upstairs private room with a full bath offers versatility and can be used as a guest suite, home office, or media room. The kitchen is a chef's delight, featuring granite countertops, 42-inch cabinets, stainless steel appliances, and plenty of cabinet space for storage. Imagine waking up in your luxurious master bedroom, where every detail has been carefully designed for comfort and elegance. This spacious retreat features not one, but two walk-in closets, providing ample storage space for your wardrobe and accessories. As you enter the master bathroom, you are greeted by a lavish garden tub, perfect for relaxing baths after a long day. Adjacent to the tub is a stand-up shower, offering a convenient and refreshing way to start your day. The highlight of this master suite is the breathtaking view of the lake. Large windows allow natural light to fill the room, creating a serene ambiance that complements the stunning scenery outside. Whether you're enjoying your morning coffee or unwinding in the evening, the view from your master bedroom will always be a peaceful and picturesque backdrop to your daily life. Outside, you'll find plenty of room to add the pool of your dreams, creating your own private oasis. This home is also equipped with solar panels, providing energy efficiency and cost savings. Located in a resort-style neighborhood, you'll have access to amenities such as a clubhouse, pool, and fitness center. Conveniently located close to shopping, beaches, and restaurants, this home offers the perfect blend of luxury, comfort, and convenience. Schedule your showing today and make this lakefront paradise your own!
You may be able to put down less than the total down payment amount of $319,228 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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: #t3510730