560 14th Ave NW, Naples, FL 34120
5 beds · 3 baths · sqft
*JUST REDUCED! AND Seller Credit of $60,000 for storm windows and doors*! If you are looking for premier privacy and room to grow, look no further. Located in the growing and popular Fourth Island, this 3500 FT2 home, with a 2400 FT2 shop, and 120 FT2 bungalow, is located on 5 acres in the highly desirable Wilson Blvd, and Immokalee Road corridor. This home has undergone a 3-year, heavy-duty facelift, and is ready to shock and awe. From the custom-made pantry doors to the bedroom barn doors and closet barn bi-folds, this home is remarkable! Warm yourself next to the natural wood-burning, brick fireplace, or relax on the massive rear deck, which overlooks the back half of the very large 5-acre, super-private property. Enjoy the abundant wildlife that roams day and night. This home features two large master suites. One master suite is upstairs and the other is on the first floor with a private entrance. Upon entering the front doors, which are accompanied by the large front deck, you enter the split foyer. When you walk up the stairs you will find yourself entering the massive family room with a connected sitting room. To the right, you will find the large kitchen with a large island and endless cabinets. You will find a prep sink on the island and a kitchen sink on the wall, overlooking the beautifully landscaped front yard. Connected to the kitchen, overlooking the backyard, and leading to the deck, is the large formal dining room. Walking across the family and sitting rooms you will find a private master suite with a huge walk-in closet with a window, overlooking the front of the property, a large master bathroom with a private commode, and a large walk-in shower with opposing and rainfall shower heads. Moving along you will find a large master bedroom with windows overlooking the rear of the property. There are two sets of sliding doors on the second floor, and both lead to the rear deck, overlooking the backyard. Moving to the foyer, and walking downstairs, you find a privacy door that leads to the first-floor living area. Upon entering you find a large living and entertaining area. Connected is a large guest room with windows and views of the front yard. To the left, you find a hall with two connected bedrooms and a shared bathroom. The rear bedroom has a private entry door leading to the rear-covered patio. Moving across the living area you find another hallway leading to a home office and laundry room, of which both have windows and views of the backyard. At the end of the hall, you will find the entry to the first-floor master suite, which has a large master bathroom with a private commode and double sinks with a walk-in shower. The master bedroom alone is approximately 400 square feet, has four closets on one wall, and has a double-door private entry with parking. The shop in the rear of the property is 2400 square feet and has a spray booth, second-floor storage, and RV hookup.
Source: FORTMYERS #224027799
Interest rate and monthly payment estimated based on public records.
Source: FORTMYERS #224027799
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: #224027799
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.