597 JOHN ANDERSON HWY, Flagler Beach, FL 32136
Charming 3-Bedroom, 2-Bath Cypress Home on John Anderson Dr. in Flagler Beach, FL in a NO FLOOD ZONE! Discover your dream coastal retreat! This spacious three-bedroom, two-bathroom home is perfectly situated on highly desirable John Anderson Dr. in Flagler Beach, just across the bridge from pristine beaches. Nestled on a generous lot with a large, fenced-in backyard, this property offers privacy and plenty of space for your family and pets. Enjoy the timeless beauty of original parquet wood flooring and the cozy warmth of a wood-burning fireplace in the living room. Featuring brand appliances, a modern sink, and a convenient eat-in bar for casual dining. Relax in the newly updated master bathroom, complete with fresh tile flooring, a beautifully retiled shower, new countertops, and stylish sinks. New ceiling fans and lighting fixtures in every bedroom and the living room, plus updated lighting in the entryway, dining room, and hallway. Step outside to a large enclosed patio leading to a freshly stained and sealed deck. Perfect for entertaining or simply enjoying the peaceful backyard while watching your children and pets play. A new roof installed in 2020 ensures peace of mind for years to come. Prime Location! Just a short walk or bike ride to a nearby park with soccer and football fields, basketball and tennis courts, a skate park, hiking trails, and fishing opportunities in the Intracoastal Waterway. A quick stroll to local shopping, grocery stores, and restaurants. Plus, you're only 20 minutes from Daytona Beach, 30 minutes from historic St. Augustine, and an hour away from Orlando's famous amusement parks. Easy access to scenic Highbridge Road, full of nature, waterways, and trails, and Gamble Rogers State Park is just a short drive away. NO HOA so freedom to bring your boat, RV, jet skis, and all your toys, with plenty of space to store them. This home offers the perfect blend of coastal living and modern amenities, with the added benefit of no flood risk. Come and experience the Flagler Beach lifestyle in this high and dry haven surrounded by mature trees. Don’t miss your chance to make this charming property your forever home!
You may be able to put down less than the total down payment amount of $60,211 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
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.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
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.
Frequently asked questions
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.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #fc303307