832 Florida Ave, Palm Harbor, FL 34683
4 beds · 2 baths · 1,253 sqft sqft
HUGE PRICE ADJUSTMENT!! LOCATION! LOCATION! LOCATION! THIS IS ZONED AND APPROVED FOR SHORT TERM RENTALS, DAILY, WEEKLY,MONTHLY. IF YOU DO NOT HAVE THIS ZONING APPROVAL, PER THE COUNTY YOU CAN DO LESS THAN 30 DAYS, ONLY 3X A YEAR, NOT THIS ONE! A perfect Coastal Getaway & HUGE investment opportunity. This home sits on a premium double, corner lot in the heart of the Downtown Palm Harbor Redevelopment project. Please see the attached information for more details regarding the development project. The inside of the home features 4 bedrooms and 2 bathrooms. Recent upgrades are as follows: Updated bathrooms, newer AC, hurricane rated windows throughout, newer interior and Exterior paint, newer stainless steel appliances, newer cabinetry, newer granite countertops, newer main drain, upgraded electric panel. Now, let's talk outside: fenced in yard with plenty of room to park your boats, yes boats! Room for your RV, with Full hook ups including 30amp electric and sewer hook up, Tesla Wall Connector fast charger, gorgeous bar and fire pit, newer pickle ball court, an airconditioned tree house with TV, how cool is that? There is also an air conditioned shed for storage, woodwork, etc. AND room for a pool. Talk about location! The Pinellas Trail is around the corner, Pop Stansell Park and community boat ramp is a minute walk away as well as downtown Palm Harbor. Bike ride to beautiful Dunedin & Honeymoon Island. Zoned for top rated PH Schools. NO HOA, Close to beaches, shopping, restaurants, hospitals, Tampa International Airport! This home SCREAMS the Florida lifestyle! The possibilities are endless. Best of all, there’s no HOA, giving you the freedom to maximize your investment. The Downtown Palm Harbor Master Plan was developed to preserve and enhance the historic character and architectural heritage of Downtown Palm Harbor. These efforts aim to: Create a unique and vibrant core to the coastal Palm Harbor community expanding opportunities to live, work and play, enabling the sustainable redevelopment of downtown Palm Harbor. Whether you’re here full-time, vacationing, or seeking a smart financial move, this coastal cottage promises an unforgettable experience. A big portion of the value here is the rental metrics. Please reach out to the list agent to discuss further. Please make sure you take both video tours and schedule your appointment today! Also available for short term lease! Please message me or ask your agent for the link. ***Water damage that has been remediated. Insurance claim has been submitted. Flood Disclosure attached and updated Sellers Property Disclosure to follow.
Source: STELLAR #u8244053
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #u8244053
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: #u8244053
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.