8731 Terracina Lake Dr, Tampa, FL 33625
3 beds · 3 baths · 2,368 sqft
Welcome to this stunning End-Unit retreat in the Gated, maintenance-free community of Terracina, located in the highly sought-after Westchase neighborhood. With its charming Mediterranean-inspired design, this townhome community features iconic tile roofs, beautifully paved driveways, and lush tropical landscaping, with palm trees lining the streets. This residence stands out with its unique side entrance and offers a spacious and functional layout, boasting 3 bedrooms, 2.5 bathrooms, a 2-car garage, and an upstairs loft. Upon entering the home, you’re immediately greeted by an expansive open concept living area, where soaring two-story ceilings allow natural light to flood the space. The dining area is anchored by modern, stylish lighting that perfectly complements the gourmet kitchen. The kitchen itself is a chef’s dream, featuring soft-close wood cabinetry, luxurious stone countertops, and an elegant backsplash. A large island with a breakfast bar and a spacious pantry enhances both the functionality and beauty of the space. From the living room, you can easily access the covered patio through triple sliding glass doors—an ideal spot to enjoy your morning coffee or unwind in the evening. The first floor is finished with warm, low-maintenance wood-look ceramic tile, providing both style and durability. The Owner’s Suite, conveniently located on the First Floor, offers a serene retreat with large windows, a tray ceiling with recessed lighting, and a spacious layout. The spa-like ensuite bathroom is a true highlight, featuring designer finishes such as elegant lighting, dual sinks, and a Frameless Super Shower with beautiful tile work. The walk-in closet is large and offers ample storage, with a linen closet conveniently located just inside the bathroom. The home’s thoughtful design continues with a hallway leading to the two-car garage, making it easy to unload groceries and everyday items. A half bath located near the garage is ideal for guests, and the spacious laundry room, equipped with a built-in utility sink, adds extra convenience. Upstairs, the expansive loft area is a versatile space that can serve as a family room, game room, office, or entertainment space. Two generously sized bedrooms, both with walk-in closets, are perfect for accommodating larger furniture, such as king-sized beds. This home is equipped with numerous modern conveniences, including a newer (2019) AC system with a UV light and air purification system, as well as a whole-house water softener for enhanced indoor air and water quality. The kitchen is also equipped with a reverse osmosis system, ensuring the highest quality drinking water. Energy-efficient features include stainless steel appliances, windows, and a water-smart landscaping and irrigation system that utilizes reclaimed water for sustainable upkeep. The HOA fee covers exterior maintenance, landscaping, roof replacement, and exterior painting, providing peace of mind and ensuring the community remains beautiful year-round. Terracina offers an exceptional location in one of Tampa's most desirable neighborhoods, with easy access to shopping, dining, and major roadways, including the Suncoast Expressway - 20 minutes from Tampa International Airport, 30 minutes to downtown Tampa, and 45 minutes to the pristine beaches of Tampa Bay. Don’t miss the opportunity to make this beautiful, move-in-ready townhome your own and experience the best of Westchase living in Terracina!
Source: STELLAR #tb8307904
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #tb8307904
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: #tb8307904
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.