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$348,500 SIGNIN

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5767 Deauville Cir Apt D308 # D308, Naples, FL 34112

3 beds · 2 baths · 1,525 sqft

This charming third-floor condo offers the perfect blend of comfort, style, and convenience. Featuring three bedrooms and two bathrooms, this well-maintained unit provides ample space for both relaxation and entertaining. The main living area boasts beautiful wood flooring, adding warmth and elegance, while plush carpeting in the bedrooms ensures a cozy retreat. Impact windows and slider invite natural light to fill the space, creating an inviting and airy atmosphere throughout the home while providing security from the harsh weather. Adding to your security is the peace of mind of the new piping that was installed when the polyurethane pipes were removed. Nestled in the back of the community, this condo offers a serene and private setting with picturesque views of the golf course. Whether enjoying your morning coffee on the balcony or unwinding after a long day, the tranquil backdrop of lush greens enhances the sense of peace and relaxation. The third-floor location not only provides stunning views but also offers added privacy and a quieter living experience. A standout feature of this condo is its assumable loan, presenting an excellent opportunity for buyers looking for a more seamless and potentially cost-effective financing option. With its desirable location and spacious layout, this home is perfect for those seeking a balance of modern convenience and scenic beauty. Don't miss your chance to own this beautiful condo with a view!

Estimated
Seller's interest rate
5.25%
7%
Estimated
Monthly payment

$2,461
$2,804
You may also save up to $112,343 in total interest paid.

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.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $2,804 monthly payment

Financed
SIGNIN
Location
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Loan details
Loan type
FHA
Rate
5.25%
Remaining term
27 yrs and 4 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$2,461
Principal & interest
$1,786
Mortgage insurance
$229
Property taxes
$129
Home insurance
$316
HOA fees
-
Utilities
Not included

Source: Public records

Home details
Size
1,427 sqft
Year built
1990
Type
Condominium
HOA dues
$0.00

Source: FORTMYERS #225025715

Qualify

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.

Resources
Frequently asked questions

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.

View all FAQs
Last updated: Apr 17, 2025 12:01 am
Listing agent: Dana Porcelli-Blair (239) 248-9506
Listing provided courtesy of: Realty One Group MVP (800) 896-8790
Details provided by FORTMYERS and may not match the public record.
MLS ID: #225025715
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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