5415 Limelight Dr, Apollo Beach, FL 33572
3 beds · 2 baths · 2,010 sqft
**THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER & 4.9 ASSUMABLE FHA MORTGAGE! $55,000 in UPGRADES! NEW SCREENED LANAI!!! NEW LANDSCAPING added to the backyard for more privacy. This stunning, 3-BED + FLEX RM, 2-BATH BRIGHTON II BY CARDEL HOMES is in the sought-after WATERSET COMMUNITY. NO FLOOD ZONE! BUILT TO WITHSTAND HURRICANE WINDS UP TO 130 MPH, this home sits 30 feet above sea level for added peace of mind. This Brighton II has all the luxury UPGRADES you are looking for! From the moment you enter, you'll be captivated by the EXTRA-LARGE HALL ENTRANCE that leads to a 3-PANE GLASS LIVING ROOM SLIDER DOOR, flooding the space with natural light. CONTINUOUS WALK-THROUGH FLOW OF ROOMS connected by additional doorways, makes daily living seamless and convenient for busy families or singles alike. The UNIQUE positioning of the house lets the sunlight enter all day long. The ABUNDANCE OF NATURAL LIGHT throughout the day adds to the home’s COZY, ZEN-LIKE atmosphere, sunlight pours in due to the unique positioning of the house. Inside, you’ll find 9FT, 4IN with tray ceilings in an oversized foyer. To the right are two bedrooms sharing a bath with a tub/shower combination. On the left is the FLEX room with free standing closet, which would be perfect for a den, man cave, office, media room, or playroom it is accessible through elegant glass French doors and conveniently adjacent to the laundry room. The GREAT ROOM showcases a beachy aesthetic, featuring PLANK TILE FLOORS, OPEN-CONCEPT DESIGN – New Electric Fireplace conveys with the property. The kitchen has a large island, GRANITE COUNTERTOPS, and a DESIGNER TILE BACKSPLASH reflects a OPAL-HUED ARRAY as sunlight hits throughout the day. 42" CABINETS with crown molding, brushed nickel hardware, soft-close drawers, STAINLESS STEEL APPLIANCES, and a generous walk-in pantry round out the kitchen's appeal. The dining area has been upgraded with two additional windows, and the living room boasts FLOOR OUTLETS and an oversized slider leading to the PAVERED SCREENED LANAI with a perfect view of the sunsets, which extends to a fire pit, perfect for outdoor gatherings. Lanai furniture is optional. The PRIMARY BEDROOM offers two privacy windows. Ceiling fan, new blinds, and a luxurious ensuite bath with two doors leading to a dressing area and WALK-IN SHOWER, a dual-sink vanity with GRANITE COUNTERTOPS, and a large walk-in closet with direct access to the laundry room. POOL HOOKUPS ARE IN PLACE, allowing you to create your own backyard oasis. Residents of Waterset enjoy 14 miles of walking/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 Apollo Beach Marina and Nature Reserve, with easy access to I-75, US HWY 41, and US-301 for an easy 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 Magnet School, 6.7miles 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 in a vibrant community setting. Matterhorn is of the builder model. Owner will consider a lease or rent to own.
Source: STELLAR #A4615018
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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
Source: STELLAR #A4615018
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. When you apply for the loan, you must attest that the home will be your primary residence for 12 months to be approved for an FHA assumption. Most lenders will ask that you move in within 60 days.
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 “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.
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 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.
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