8292 Shooting Star Rd, Sarasota, FL 34241
4 beds · 3 baths · 2,488 sqft sqft
Welcome to this beautiful 4-bedroom, 2.5-bath home in great condition "priced to sell" offering over 2400 sq. ft. of living space including high ceilings on the first and second floor and 8ft doors throughout the home making the home perfect for any large family. This two-story home features a well-designed open floor plan that allows for ample space downstairs dedicated to entertainment while ensuring privacy upstairs. The first floor boasts tile flooring and includes a versatile flex room, a formal dining space, a great room with many windows, and two large sliding doors connecting to a covered lanai overlooking the backyard with no back neighbors. The kitchen is a dream, featuring 42-inch cabinets, quartz countertops, and a convenient breakfast bar. Upstairs, you'll find a spacious bonus room ideal for family fun and relaxation. The primary suite is a true retreat with a separate sitting area, a walk-in closet, and a fully remodeled luxurious master bathroom. Three additional bedrooms provide plenty of space for family and guests. This home offers a fantastic lifestyle with a gated entrance and access to amazing community amenities, including walking trails, a fitness center, an indoor basketball court, a lap-sized pool, a rock climbing wall, a clubhouse with a resort-style pool, and more! A new K-8 school is set to open in August 2025. The school will use the STEM (Science, Technology, Engineering, and Mathematics) curriculum with a specialized focus on science, mathematics, and robotics. The property is conveniently located near major roads such as I-75 and within 20 minutes of Sarasota downtown, the airport, Siesta Key Beach, and many other attractions. Don't miss out on this incredible opportunity. Schedule your showing today and experience the perfect blend of comfort, luxury, and convenience!
Source: STELLAR #s5107061
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #s5107061
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: #s5107061
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.