6268 Palma Del Mar Blvd S Apt 113 # 113, Saint Petersburg, FL 33715
1 beds · 2 baths · 730 sqft
Stunning Water Views and Location! Welcome to this Move-In Ready Condo in Palma Del Mar located on a small island in Boca Ciega Bay, less than 5 minutes to one of the top 10 beaches in the USA, ST Pete Beach. The unit is nicely decorated and is being sold Fully furnished, so it's truly turnkey and ready to move into. This Renovated, Ground Level Condo is right on the WATER and reveals the spectacular BAY VIEWS from all of its rooms. NEW AC System with 10 yr. WARRANTY. The spacious kitchen features plenty of wood cabinets for ample storage, granite countertops, stainless steel & black appliances. Washer /Dryer Convey with the sale. The master bath and the half bath feature wood vanities updated with granite countertops. The Pool and Hot Tub overlooking the Bay are just steps from the back door. Enjoy your morning coffee on the patio, with views of Dolphins jumping in Boca Ciega Bay. The unit comes with an assigned parking spot under the bldg. The community offers a clubhouse with multipurpose rooms and a recreation room, heated pools w/t spa, fitness room, car wash station, storage for bikes and kayaks, fishing pier. The LOCATION of this community is only minutes to walk to beautiful Tierra Verde and a short drive to Fort De Soto Park & Beach. Everything you need is just a short distance away including shopping, restaurants, easy access to I-275 & Isla del Sol's par 71 golf course that offers a premier golf experience. Palma del Mar is a 15-minute drive from Downtown St. Petersburg, providing easy access to everything the city has to offer. For longer trips, the St Pete-Clearwater International Airport is only 25 minutes away and Tampa International Airport is just half an hour away.
Source: STELLAR #TB8351939
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: STELLAR #TB8351939
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.