7296 Marathon Dr Apt 603 # 603, Seminole, FL 33777
2 beds · 2 baths · 1,500 sqft
Welcome to your own piece of paradise! This luxurious FULLY FURNISHED condo is located in the pet friendly, gated, resort style community of Seminole Isle. This sixth floor unit has spectacular views of Long Bayou and front row seats to stunning sunsets! This meticulously maintained unit offers 2 bedrooms, 2 baths, and den/office. The kitchen has an abundance of wood cabinetry, built-in desk, dining room, breakfast bar and pantry closet. The open floor plan from dining, kitchen, and living room are perfect for entertaining. The living room and primary bedroom feature sliding glass doors that lead onto the enclosed balcony which an abundance of natural light, and stunning views of Long Bayou. The primary bedroom has two walk-in closets, and a large ensuite bathroom with garden tub, dual vanities, and walk-in shower. The second bedroom has a walk-in closet and adjoins a full bathroom that that is also accessible from the hallway. The multi-functional bonus room can be used a s a den, office or third bedroom. One under unit reserved parking space. The location of this condo offers easy access and close proximity to the clubhouse, heated pool, fitness center and mailboxes. Other amenities include a library, tennis/ pickleball courts, large fishing pier, kayak-canoe launch, two screened picnic pavilions with grills, fire pit, and walking path with scenic views of Long Bayou! Seminole Lake Park is located directly across the street with biking trails, playground, and boat ramp. Only a five minute drive to Seminole Town Center with a wide of array of retail shops and restaurants. Ten minutes to beautiful gulf beaches, and easy access to I-275. Don't let this one get away! Please contact me with any questions or for more information.
Source: STELLAR #tb8314087
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8314087
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: #tb8314087