6 PARKVIEW ST, Bradenton, FL 34208
Discover the perfect blend of old-world charm and contemporary convenience in this beautifully renovated cottage, just steps away from the Manatee River. Nestled in the esteemed historic Braden Castle— a vibrant 55-plus boating community— this residence offers stunning waterfront views and an array of exceptional amenities, all for a remarkably low annual fee of $400. Situated in a coveted spot within Braden Castle, this home is just a stone’s throw from the Plaza and the river, making it incredibly convenient for accessing all community amenities. Enjoy the tranquility of being the second home from the river, with breathtaking views right at your doorstep. This charming cottage has been thoughtfully updated to marry classic appeal with modern comforts. Recent upgrades include new siding, fascia, and soffit (21’), a stylish new front door (21’), shiplap walls in the living room (22’), a roof (16’), and updated duct work (14’). Every detail, from ceiling architectural enhancements to refreshed flooring and bath renovations, reflects a commitment to quality and style. This hidden gem offers a rare garage that will fit a golf cart with the laundry facilities, and storage is indeed a rare find. The home features a large composite deck (20’) perfect for relaxing and taking in the serene river views. The versatile Florida room can be adapted for various uses, offering additional living space that enhances the home's functionality. The living area is designed for comfort and elegance, with multiple seating areas centered around a cozy fireplace. The adjacent dining room and kitchen feature a mosaic tile backsplash, raised white cabinetry, and ample countertop space, making it ideal for both daily living and entertaining. The layout includes a bedroom and bath on each floor, offering flexible accommodation options for multi-generational living or hosting guests. The second-floor bedroom, with its wall of windows, provides a private retreat with breathtaking river views, blending natural beauty with luxury and comfort. Braden Castle is a haven for boating enthusiasts, featuring a full marina with two boat docks accommodating approximately 40 boats, a private boat launch, very affordable boat trailer parking and dry dock storage for a boat or RV, a 700-foot private fishing pier, a community water well, shuffleboard courts, community clubhouse and hall, a library, fitness center, and a long list of events and group activities throughout the year. Engage in various activities and events tailored to your lifestyle. This riverfront cottage is not just a home—it's a gateway to a vibrant and fulfilling life where history, nature, and community come together. Don’t miss the chance to own this hidden gem. Schedule a tour today to experience the magic and charm for yourself!
You may be able to put down less than the total down payment amount of $172,480 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: #a4623413