6505 Bimini Ct, Apollo Beach, FL 33572
4 beds · 2 baths · 2,309 sqft
Get a free consultation call with an expert in the mortgage assumption process.
Nestled in the heart of Apollo Beach, this stunning 2,309 sq. ft. waterfront home offers the perfect blend of comfort, style, and functionality. Boasting four bedrooms and two bathrooms, this well-elevated property has stood strong through the storms, remaining untouched by interior flooding, with a very reasonable flood insurance premium. Built in 1990, it has been beautifully updated, featuring a new roof, new water heater, and solar panels—which the seller will pay off at closing! - meaning incredibly low energy costs for you, the new owner! Inside, you'll find no carpeting, just sleek ceramic tile floors throughout, along with higher vaulted ceilings that make the space feel even more open and inviting. The newly renovated kitchen is a chef’s dream, featuring a large center island/snack bar, quartz countertops, double built-in wall oven, an induction cooktop, and a stylish vent hood. Two pass-through windows open to the lanai, making your entertaining a breeze. The primary suite is a relaxing retreat with a walk-in shower, jetted garden tub, and updated finishes, while the secondary bathroom has also been tastefully modernized. Step outside and enjoy the expansive screened lanai and pool deck, complete with a Pebble Tec-finished pool. Beyond, the private dock and boat lift offer direct canal access—perfect for boaters! The exterior also features a cozy sitting area with a firepit, plus a spacious 90 sq. ft. storage shed. Inside, a dedicated laundry room (washer & dryer included!) adds extra convenience—something not always found in many of the older Apollo Beach homes. One of the secondary bedrooms even includes a built-in desk and bookcases, ideal for a home office or study space. With pocket sliders from the living room to the lanai creating effortless indoor-outdoor flow, plus a formal dining room and welcoming entry foyer, this home is as functional as it is beautiful. Whether you're looking for a waterfront retreat or a place to launch your next adventure, this move-in ready gem is a great find in Apollo Beach. Don’t miss this opportunity—schedule your private showing today!
Source: STELLAR #TB8369954
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
Source: Public records
Source: STELLAR #TB8369954
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.