VA loan
1 of 75
VA loan
$1,699,988

8107 Sierra Manor Ln, Tampa, FL 33635

4 beds · 4 baths · 3,611 sqft sqft

Introducing a waterfront masterpiece in the coveted gated enclave of Double Branch Estates, Tampa—where privacy meets unparalleled luxury. Nestled on an expansive 1.17-acre estate, this prestigious residence offers over 130 feet of direct water frontage on a tranquil saltwater canal with instant access to Upper Tampa Bay. With a private (recently upgraded to Trex wood) dock, 6,000-pound boat lift, and no HOA, this home is a rare gem, designed for those who value both sophistication and freedom. From the moment you enter, the home radiates opulence. Hand-scraped wood floors set the tone for the meticulously crafted interiors, awash in natural light from energy-efficient double-pane windows. The gourmet kitchen is a culinary dream, complete with custom cabinetry, striking granite countertops, and a top-of-the-line Wolf gas stove, installed in 2023. Whether hosting intimate dinners or grand celebrations, the choice of formal dining, casual dinette, and open-concept living areas ensures your guests will feel at home. A cozy gas fireplace in the family room serves as a perfect focal point for elegant, relaxed living. Upstairs, the primary suite redefines luxury. Cozy up by the room’s private gas fireplace, step onto the west-facing balcony to enjoy breathtaking sunsets, or unwind in the spa-inspired en suite with dual vanities, a soaking tub, and an electric fireplace. A custom-designed walk-in closet ensures your wardrobe stays as luxurious as your surroundings. The second bedroom, also featuring an en suite and walk-in closet, offers guests or family a private retreat, while two additional spacious bedrooms and a large media room complete this level. Outdoor living at this estate is simply unparalleled. The expansive screened patio, with its wood floors and ceiling fans, invites you to indulge in alfresco dining and relaxation while overlooking the resort-style heated pool and spa. A beautifully designed paver deck wraps around the pool and extends down to the dock, creating an ideal space for entertaining, sunbathing, or simply soaking in the serene waterfront views. The sprawling backyard offers even more room to enjoy, whether it’s for play, pets, or tranquil relaxation. This estate is not only stunning, but also equipped with high-end modern conveniences. Recent upgrades include a new metal roof with a 65-year transferable warranty, two American Standard HVAC systems (installed in 2024), and fresh exterior paint. The home is fully integrated with smart technology, supported by CAT wiring and a comprehensive security system. A 500-gallon buried propane tank fuels the Wolf stove, fireplaces, and a whole-home 37KW Generac generator, ensuring that you're always prepared, no matter the weather. Perfectly situated, this estate offers the peace and privacy of waterfront living, with Tampa International Airport, Downtown Tampa, world-class beaches, shopping, and dining just minutes away. This is your chance to own an exclusive waterfront estate in Double Branch Estates—where luxury, privacy, and freedom converge. Don’t miss out on this one-of-a-kind opportunity.

Interest rate 3
3.625%
With Roam
6.5%
The seller’s mortgage rate at the time the loan was originated.
Monthly payment 3
$3,306
With Roam
$4,396
Reduce your monthly payments by $1,090 when you assume this mortgage.
You also save $326,107 in total interest paid.

$1,049,679
Edit

You may be able to put down less than the total down payment amount of $1,049,679 and have the rest of the funds financed with a 2nd mortgage from a lender. 4

Interest rate and monthly payment estimated based on public records.

Roam helps you take over the seller’s lower interest rate 1
We help you assume the seller's mortgage and avoid higher prevailing market rates.

45-day closing guarantee 2
We work directly with the mortgage servicer to help you quickly and easily close the transaction.

VA loan
Eligible for investors
Not a veteran? You may still be qualified to assume the mortgage.
Location
Details
Home
Size
3,611 sqft
Lot size
1.17 acres
Year built
2004
Type
Single Family Residence

Source: STELLAR #tb8307146

Loan
Remaining term
24 years, 11 months
Rate
3.625%
Monthly P&I
$3,306
Remaining loan balance
$650,308

Source: Public records

How it works

Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.

Tour

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.

Offer

Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.

Close

Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.

Who can qualify

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.

Frequently asked questions

What is Roam?

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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?

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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?

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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.

Will an assumption work for me?

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An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.

Why do buyers use Roam?

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Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step. Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.

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Last updated: Oct 22, 2024 10:19 am
Listing agent: Brandon Rimes (813) 917-1894
Listing provided courtesy of: KELLER WILLIAMS REALTY- PALM H (727) 772-0772
Details provided by STELLAR and may not match the public record.
MLS ID: #tb8307146
Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers? personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2024 MLS GRID. All Rights Reserved.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.
Disclaimers
1 Roam connects buyers and sellers to homes with assumable mortgages via a concierge service. Roam does not offer or engage in mortgage lending activity.
2 45 day guarantee is subject to credit approval by your loan servicer.
3 The assumable interest rate shown for this assumable mortgage is an estimate using the average of interest rates in this home's area at the time of the last sale. The actual assumable interest rate may differ. Estimated payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Roam connects buyers and sellers to home with assumable mortgages via a concierge service. Roam does not offer mortgage loans, extend credit, make credit determinations, or otherwise engage in mortgage lending or brokering activities. The lender makes all credit and qualification decisions with buyers. Any determination to extend credit to a buyer is a decision by the lender, and not by Roam.
4 The lender makes all credit and qualification decisions with buyers. Any choice to extend credit to a buyer is a decision by the lender, and not by Roam.
$3,306/mo
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