54 Country Club Dr E, Destin, FL 32541
3 beds · 3 baths · 2,146 sqft
Get a free consultation call with an expert in the mortgage assumption process.
EXCLUSIVE CORNER LOT RETREAT IN THE INDIAN BAYOU COMMUNITY... 54 E Country Club Drive! Today, this exceptional residence - with pool - stands out as Indian Bayou's most distinctive offering.ENERGY EFFICIENT LIVING WITH THOUGHTFUL DESIGNExperience the perfect harmony of elegance and functionality in this meticulously crafted home. The heart of this residence showcases a modern kitchen complemented by a butler's pantry and cozy breakfast nook. Host memorable gatherings in the spacious dining room, then retire to the impressive living area where a stunning fireplace and soaring vaulted wooden ceilings create an atmosphere of refined comfort.LUXURIOUS PRIMARY RETREATUnwind in the generously proportioned master bedroom, your personal sanctuary complete with a private ensuite bath featuring contemporary fixtures, elegant tilework, and abundant vanity space. INNOVATIVE ADAPTABLE SPACES * Versatile En-Suite Murphy Bedroom: Instantly transform this clever space with its modern walk-in shower and contemporary fixturesideal for accommodating guests or creating a nursery. * Florida Sunroom Escape: Embrace the indoor-outdoor lifestyle with a comfortable drop-down bed and dedicated climate control system offering peaceful views in any season. PRIVATE RESORT-STYLE BACKYARD Step into your personal oasis featuring: * Refreshing swimming pool and relaxing hot tub * Covered gazebo with fully-equipped outdoor kitchen * Culinary herb garden for fresh flavors year-round * Complete privacy ensured by an approved 6-foot wooden fence ENERGY INDEPENDENCE Professional solar panel system with battery storage significantly reduces utility costs while providing peace of mind. Savings analysis detailed in "Documents." PREMIUM LOCATION ADVANTAGE Set on an oversized corner lot offering enhanced privacy and expanded outdoor living in this highly-regarded golf community. Enjoy tranquil surroundings with convenient access to Destin's finest attractions. A short golf cart ride to the beach. VERSATILE OWNERSHIP POTENTIAL Perfect as your permanent residence, vacation retreat, or investment opportunity with excellent 1031 Tax Exchange potential (6+ month rental option). This extraordinary property represents a rare opportunity to capture your place in Indian Bayou. Schedule your private viewing today!
Source: EMERALDCOAST #969943
Learn about how it works
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: EMERALDCOAST #969943
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 and Equal Opportunity Act.