583 Good Life Way, Daytona Beach, FL 32124
2 beds · 2 baths · 1,464 sqft sqft
Get ready for a Change in Attitude at Latitude Margaritaville, a vibrant 55+ community inspired by the carefree lifestyle of Jimmy Buffett! This charming Dreamsicle cottage boasts breezy coastal colors and is conveniently located near the gated entrance, putting you steps away from a tropical paradise. Indulge in the resort-style amenities, including the Paradise Pool with a beach entry, adjacent Sandbar tiki-bar/restaurant, and the famous Latitude Bar & Chill. Stay fit and entertained at the Fins Up! Fitness Center, Mango Theater, and the Town Center stage for live events. Hop on the community bus for easy access to the private beach club and pool. Inside, this better than new open-concept home welcomes you with vaulted ceilings, stunning shiplap accents, and elegant wood-look laminate flooring throughout. The gourmet kitchen is a chef’s dream with 42” cabinets with crown molding, quartz countertops, and stainless steel appliances. Whether preparing meals on the gas stove or enjoying the soft-close drawers and pullouts, every detail has been thoughtfully designed for convenience and style. Relax in the spacious master suite featuring a custom shiplap headboard and a barn door entry to a spa-like master bath with a frameless glass shower, granite countertops, and exquisite tile work. Guests will appreciate the second bedroom’s Murphy bed and upgraded bath with modern finishes. The dedicated laundry room is equipped with ample cabinetry and includes a washer and dryer for added convenience. Practical touches like two overhead garage storage racks, pre-installed TV mounts, and upgraded, designer lighted ceiling fans in the bedrooms, den/office, great room, and patio ensure you’re moving into a home that’s not only beautiful but fully equipped for your convenience. The den/office space is ideal for working from home or pursuing hobbies. Outside, enjoy your morning coffee or an evening cocktail on the lovely patio or join neighbors for one of the many community events happening throughout the year. Life in Latitude Margaritaville is an endless adventure. Enjoy access to the Workin’ N’ Playin’ Center, Barkaritaville Pet Spa, and Latitude Town Square with its lively Bandshell for concerts and events. Swim in the second outdoor pool, relax in cabanas, or sip a cocktail at the Changes in Attitude poolside bar. With tennis, pickleball, bocce courts, and even a field for fins ball, staying active has never been more fun. Picnic areas, BBQ grills, and, again, a private oceanfront beach club round out the outdoor offerings, and for your everyday needs, a 200,000-square-foot retail center, complete with a grocery store, is just a short golf cart ride away. Make this beautiful Dreamsicle cottage your next home and experience life on island time, where relaxation and excitement blend seamlessly in a vibrant, welcoming community. Bubbles Up! Contact Your Agent for Assumable Mortgage details on this home!
Source: STELLAR #o6247522
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #o6247522
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: #o6247522
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.