6242 Tropicaire Blvd, North Port, FL 34291
3 beds · 3 baths · 2,993 sqft
BEAUTIFUL 3-BEDROOM + OFFICE, 2.5-BATH, 3-CAR GARAGE CUSTOM-BUILT HOME NESTLED ON OVER 4 ACRES IN NORTH PORT CHARLOTTE ESTATES! Peace and serenity abound from the back deck watching the fish jump in your private pond or deer play in the expansive backyard or just gazing at the stars from the bottom deck. This exceptional home features approx. 3,000 square feet of living space with SPACIOUS 1ST FLOOR BONUS APARTMENT OR GREAT IN-LAW SUITE. Step inside and be greeted by high ceilings, stunning Bolivian Rosewood floors, separate office and living area featuring sliding doors that double the size of the room when entertaining, seamlessly blending indoor and outdoor spaces. The kitchen is a chef’s dream with Cherrywood cabinets, granite counters, a tile backsplash, stainless steel appliances, a breakfast bar, and a large breakfast nook with a wall of windows overlooking calming views. The separate family room gives even more flexible space to the home. The spacious primary suite offers access to the lanai and boasts an updated ensuite with granite countertops, custom cabinetry, dual sinks, a jetted tub, and a custom-tiled walk-in shower. The first-floor bonus apartment, perfect as an in-law suite or mancave, features tile flooring, mini-split a/c, large living/dining area, kitchen, bedroom, bath and laundry room. Enjoy the newer upper screened Trex deck and the open lower deck, both great spaces for hosting family and friends. Other noteworthy updates include new flooring in guest bedrooms, a new roof, gutters, and upgraded enclosure screens in 2022, as well as new hurricane-rated garage doors with epoxy floors. This home is equipped with a whole-home solar voltaic system for energy efficiency and savings on your monthly electric, 18” insulation, dual HVAC, a whole house reverse osmosis system, central vacuum, dual hot water heaters (one solar and one hybrid), hurricane protection, an invisible dog fence, and a well irrigation system with a well house purifier and shed in the backyard. A new sump pump and lush tropical landscaping with outdoor lighting enhance the property's beauty, especially in the evening. Conveniently located near I-75, this private oasis offers easy access to restaurants, shopping, parks, and the beautiful Venice beaches. Embrace the luxurious lifestyle and explore all the amenities that Southwest Florida has to offer from this exquisite estate. Schedule your private showing today!
Source: STELLAR #c7497354
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7497354
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: #c7497354
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.