9107 Bay St NE, Saint Petersburg, FL 33702
3 beds · 2 baths · 1,680 sqft
Welcome to this spectacular Mid-Century Modern home with a subtle coastal twist in Riviera Bay. NOW WITH AN IMPROVED PRICE that makes it the perfect match for the most demanding buyers. Since purchase, back in 2022, the owners have poured their love and OVER $100,000 IN A FULL REMODEL FOR THEIR FOREVER HOME. 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 bathroom is a true retreat. Enjoy a custom double-sink vanity with quartz countertops and designer hardware. Start your day under the frameless glass shower enclosure that captures beautiful morning light through impact windows (2023). A custom California closet design offers organized luxury (2024). Additional updates include a conveniently located laundry room, 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. The monthly electrical bill to a mere $35!!! Efficient and beautiful! This property has an assumable VA loan with a 4.875% rate. This home had some water intrusion during Hurricane Helene—a once-in-100-year event!!!—and has since been brought back to its original splendor with permits. Now ready to entertain, inspire, and become the setting for your next chapter. From the caring hands of an owner that fell in love at first glance, to the lucky buyer that will enjoy it as its own forever home!
Source: STELLAR #TB8368021
Learn about how it works
Why Roam
Gap financing to lower your down payment
Unlock down payments as low as 5% – only with Roam
5x the likelihood your offer is accepted
If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close
Close faster and stress-free
We close 2x faster because of our deep experience and lender relationships
Rates and payments are estimates based on public records.
Source: Public records
All values shown are estimated costs / mo.
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.
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.
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.
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.
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 “Save search” 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.
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 620, 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.