5601 Limelight Dr, Apollo Beach, FL 33572
5 beds · 3 baths · 2,629 sqft
Get a free consultation call with an expert in the mortgage assumption process.
This stunning home in the Resort Style Community of Waterset is Perfectly positioned on an oversized, meticulously landscaped corner lot that feels like a tropical paradise! This stunning 5-bedroom, 3-bathroom smart home offers the ideal blend of high-end elegance and everyday functionality! And walking distance to the beach entry pool! From the moment you arrive, the curb appeal is worthy enough to stop the car! The modern architecture, and striking black-framed windows are a beautiful touch! Step through the light filtering glass front door and into a thoughtfully designed interior where custom lighting and designer window treatments create a cozy yet upscale feel! The heart of the home is the modern chef’s kitchen. Equipped with a 5 burner gas cook top, wall mounted ovens, upgraded touch screen refrigerator, double thickness quartz countertops and super sleek solid wood black cabinetry! This Kitchen is made for entertaining. It flows seamlessly into a spacious great room and dining area, anchored by double sliding doors that open the home all the way up to create the ultimate indoor/ outdoor living! Stepping outside you will be blown way! Huge fully fenced yard that feels like you are living in a tropical retreat with tons of professionally installed mature landscape. All designed for relaxation and entertainment front of mind. Upstairs, a great sized loft that provides flexibility for a media room, play area, or home office. Over in the primary suite feels spa-inspired with en suite bath and a massive walk-in closet! Every bedroom is spacious and well-appointed, giving plenty of room to stretch! Conveniently located near the Sports complex and new "Town Center" at Waterset, which includes a fitness center, coffee shop, eateries, and various shops. Waterset community amenities include 4 resort-style pools, lap pools, waterslides, dog parks, walking trails, parks, and splash pads, making it a truly exceptional place to live. Discover Apollo Beach a fast growing community and home of the Manatee viewing center! Centrally located between Bradenton/Sarasota, Orlando, Tampa, and St. Pete! 35 minutes to Tampa International Airport, McDill Airforce base and 35 minutes to some of the most beautiful beaches!
Source: STELLAR #TB8372876
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: STELLAR #TB8372876
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.