8 Cleveland Ct, Palm Coast, FL 32137
3 beds · 3 baths · 2,491 sqft
Stunning Waterfront Home on Navigable Saltwater Canal! Welcome to 8 Cleveland Court in beautiful Palm Coast, a boater’s paradise! This exceptional property offers the ultimate Florida lifestyle with direct access to the Intracoastal Waterway and no fixed bridges along the way. Situated on a navigable saltwater canal, this home is perfect for those who love boating, fishing, or simply enjoying serene waterfront views. Key Features: Brand New Roof: Enjoy peace of mind with a newly installed roof, ensuring durability and protection for years to come. Open Floor Plan & High Ceilings: The spacious, open floor plan with soaring ceilings creates an inviting and airy atmosphere, perfect for entertaining and comfortable everyday living. Gourmet Kitchen: The chef's dream kitchen features high-end appliances, ample counter space, and custom cabinetry, making meal preparation a delight and ideal for hosting gatherings. Luxurious Master Suite: Retreat to the expansive master suite, offering a tranquil escape with stunning water views, a spa-like en-suite bathroom, and generous closet space. Sparkling Pool: Step outside to your private oasis with a beautiful pool, perfect for relaxing or entertaining guests on the spacious patio. Owned Solar Panels: Enjoy significant energy savings with owned solar panels, making this home both eco-friendly and cost-efficient. Prime Waterfront Location: Located just minutes from the Intracoastal Waterway, this home offers easy access to boating, fishing, and waterfront dining, with no fixed bridges to navigate. Move in condition: Prior to offering this stunning home for sale the sellers has a pre-listing home inspection which is available to qualified buyers. Minor repair recommendations have been addressed and a new hot water heater was installed. HVAC was replaced in 2019. This exceptional home at 8 Cleveland Court combines luxurious living with unparalleled waterfront access, making it the perfect haven for those seeking the best of Palm Coast. Schedule your private tour today and experience the lifestyle this stunning property has to offer!
Source: STELLAR #fc303584
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #fc303584
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: #fc303584
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.