538 Southwest Blvd N, Saint Petersburg, FL 33703
2 beds · 1 baths · 728 sqft
Old Florida Charm Meets Modern Comfort! This updated and well-maintained 3-bedroom, 1-bath home in North St. Petersburg offers the perfect blend of character and convenience. Situated on a corner lot, this home invites you to vacation at home with its large backyard, ideal for entertaining, adding a pool, or parking your boat or RV trailer with ease through the double-door side gate. The yard is fully fenced and features a storage shed, an orange tree, a carport, and a large covered front patio framed by a palm tree. A screened-in back patio adds even more outdoor living space for enjoying Florida’s beautiful weather. Inside, you’ll discover hardwood floors in the living room, hallway, and master bedroom, along with luxury vinyl flooring in two additional bedrooms. The home is freshly painted and features a faux tin tile ceiling throughout—no popcorn here! The open-concept living and dining area provides a warm and welcoming space. The kitchen is a standout with its granite countertops, marble tile backsplash, stainless steel appliances, smart refrigerator with Family Hub, and a five-burner gas stove. A double stainless sink and access to the screened patio and backyard make it as functional as it is stylish. The split floor plan offers privacy, with the master bedroom and an additional bedroom on one side of the home. The fenced yard is perfect for pets, and the indoor laundry room (washer and dryer not included) adds convenience. This property is located in a sought-after neighborhood with no HOA restrictions. Walk to 4th Street for dining, shopping, LA Fitness, and healthcare facilities. You’re also just 10 minutes from vibrant Downtown St. Pete with its waterfront restaurants and Pier, and only 15 minutes to St. Pete Beach and Fort De Soto Park. Nearby Fossil Park offers pickleball, tennis, baseball, and basketball, while Weeden Park provides kayaking and Tampa Bay exploration. Whether you’re looking for a charming bungalow, a great location, or a property with potential for an addition, pool, or mother-in-law suite, this home checks all the boxes. Don’t miss your chance to own this rare find in North St. Pete! Schedule your showing today and make it yours.
Source: STELLAR #tb8333518
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8333518
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: #tb8333518
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.