6126 58th St N, Saint Petersburg, FL 33709
3 beds · 2 baths · 1,075 sqft
Welcome to your dream home in the coveted McKee Lake neighborhood of St. Petersburg! This beautifully updated 3-bedroom, 2-bathroom residence combines modern elegance with the tranquil charm of lakeside living. Revel in the stylish luxury vinyl plank flooring throughout most of the home, installed in 2022, and freshly painted interiors that provides a clean, modern look. Both bathrooms have been thoughtfully updated to meet your high standards. Enjoy peace of mind with a NEW ROOF and NEW AC system both installed in 2022 plus newer windows, ensuring years of reliability and comfort. Step outside to your private, fenced backyard—perfect for pets, picnics and play. Soak in the stunning lake views and the peaceful ambiance of McKee Lake, where you can often see turtles, ducks, and even playful otters. Direct access to the lake from your backyard provides the perfect setting for serene afternoons or launching a kayak. Explore the massive opportunity to create a mother-in-law suite with a separate entrance on the north side of the property. The prior kitchenette has been removed but could be easily reinstalled to create a fully functional, private living space. Conveniently located, this home offers easy access to a variety of dining options, from cozy cafes to upscale restaurants. Major airports, including St. Pete-Clearwater International Airport and Tampa International Airport, are just a short drive away, making travel a breeze. Proximity to top-rated hospitals ensures peace of mind with excellent healthcare facilities nearby. Embrace the vibrant St. Petersburg lifestyle with quick access to local shops, entertainment venues, and cultural attractions. This McKee Lake beauty offers the perfect blend of comfort, style, and convenience. With its potential for a mother-in-law suite and its stunning lakeside setting, this home is a rare find in one of St. Petersburg’s hottest neighborhoods. Contact us today to schedule your private tour and discover why this home is your perfect next move!
Source: STELLAR #a4621707
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #a4621707
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: #a4621707
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.