5415 LIMELIGHT DR, Apollo Beach, FL 33572
Seller has FHA ASSUMABLE MORTGAGE at 4.9! Welcome to your new home, 3 bedrooms, 2 baths, and an oversized DEN that can be used as a 4th bedroom built in 2022, in Waterset, offering resort-style living nestled in the heart of Apollo Beach. This Brighton II by Cardel Homes invites you to reconnect with nature, entertain friends, and enjoy the finer aspects of life. Upon entering, take note of the custom glass entry door that floods the oversized foyer with a trey ceiling and natural light. This home features 9 foot, 4 inch ceilings, to the right, two bedrooms share a bath equipped with a tub/shower combination. All bedrooms are cable ready. On the left, you'll find the large den accessed through elegant glass French doors, conveniently adjacent to the laundry room. The great room boasts an open concept design with striking plank tile floors. The spacious kitchen showcases a large eat-at island with an under-mount sink, complemented by pendant lighting. Granite countertops and a custom tile backsplash enhance the aesthetic appeal, alongside 42” cabinets adorned with 2 ¼ inch crown molding, brushed nickel hardware and soft close drawers. Stainless steel appliances and a generous walk-in pantry complete the picture. The dining area has been upgraded with two additional windows, while the living area has floor outlets and features an oversized slider leading to the porch with pavers extending to a fire pit—an ideal setting for outdoor gatherings. The primary bedroom has been thoughtfully upgraded with two privacy windows, two additional doors leading to the dressing area and walk-in shower room, a dual sink vanity with Granite countertops, and a medicine cabinet upgraded window for natural light. A water closet and large walk-in closet with direct access to the laundry room add convenience and functionality. Pool hook ups in place and ready for you to build your dream pool oasis. Residents of Waterset enjoy nearly 14 miles of walking and biking trails, large fishing lakes, 4 swimming pools, 2 fitness centers, tennis, basketball, and pickleball courts, sand volleyball, playgrounds, parks, splash pad, café overlooking the lake at “The Landing” building, and a designated dog park. The community is conveniently located near the Apollo Beach Marina and Nature Reserve, with easy access to I-75, US HWY 41, and US-301 for a straightforward commute to Bradenton, Riverview, and Tampa. This home is only two miles to the NEW 22 MILLION Southshore (Astro Turf) Sportsplex, 1.2 miles to the newly open preK-8th grade York Innovation Academy Charter School, 6.7 miles to Little Harbor and Southshore Yacht Club where you can enjoy boating and the local beach! This home offers a blend of luxury and practicality, providing an exceptional living experience in a vibrant community setting.
You may be able to put down less than the total down payment amount of $106,649 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: #a4615018
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.