9107 Bay St NE, Saint Petersburg, FL 33702
3 beds · 2 baths · 1,680 sqft
Welcome to this spectacular Mid-Century Modern home in the desirable Riviera Bay neighborhood. Step inside to discover an open floor plan defined by clean, pure lines and expansive windows that invite natural light to dance across every room throughout the day. Every detail has been thoughtfully updated while preserving the elegance of Mid-Century Modern design with a coastal twist. The kitchen opens to a welcoming living area featuring a cozy fireplace and seamless views of the outdoors through oversized windows. Stainless steel appliances, installed in 2024, ensure a modern, efficient space for every culinary adventure. The primary ensuite is a true retreat. Enjoy a custom double-sink vanity with quartz countertops and designer hardware, and start your day under the frameless glass shower enclosure that captures beautiful morning light through impact windows (2023). A custom California closet design offers an organized and accessible wardrobe display, adding to the home’s sophisticated charm. Additional updates include a conveniently located laundry room next to a spacious walk-in closet, complete with a minisplit and a new electrical panel (both 2023). Two additional bedrooms feature brand-new sliding doors (2024) that open to a stylish travertine-floored screened patio, which overlooks a tropical backyard. Recent enhancements such as a HVAC (2024), tankless water heater (2023), a new wood fence (2024), and a new French door in the spacious garage/workshop further elevate this exceptional home. The roof, installed in 2017, and efficient solar panels (2021) combine to make this home both eco-friendly and economical—reducing the monthly electrical bill to a mere $35. Efficient and beautiful! Experience a home that welcomes you with a loving smile—ready to entertain, inspire, and become the setting for your next chapter.
Source: STELLAR #TB8368021
Why Roam
Lower rates and lower down payments
The only homebuying option for you to put 5% down and get a 5% rate.
Closing guarantee
We can close in 45 days or we’ll pay the seller’s mortgage until we close.
Offer acceptance
95% of offers accepted when made with Roam. 5% accepted without.
Have questions? Email support@withroam.com
Source: Public records
Source: STELLAR #TB8368021
To qualify, you must meet the current FHA or VA 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%. 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.
FHA (Federal Housing Administration) loans
FHA loans require the buyer to assume the mortgage as a primary residence.
VA (Veteran's Affairs) loans
You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.
Investors
You may be able to assume a VA mortgage as an investor without it being your primary residence.
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.