1111 Royal Ridge Dr Davenport, FL 33896
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About this home
Resort-Style Living in Davenport – 1111 Royal Ridge Dr, Davenport, FL 33896! Welcome to this beautifully maintained 4-bedroom, 3-bathroom single-family home offering 1,659 sq ft of comfortable living space in the highly desirable Sandy Ridge community. This turn-key home is move-in ready and perfectly designed for both full-time living or as a vacation retreat in the heart of Central Florida. Step inside to find a bright, open-concept layout that effortlessly connects the main living areas. The spacious kitchen offers quality appliances, ample counter space, and an easy flow for cooking and entertaining. Each bedroom provides plenty of natural light, and the home’s thoughtful floor plan includes multiple en-suite options—ideal for families or guests. Step outside and enjoy your own private screened-in pool, perfect for relaxing Florida afternoons or entertaining under the sun. The property also features a 1-car garage and a low-maintenance exterior, allowing you to focus on fun and leisure instead of chores. Located in the peaceful Sandy Ridge neighborhood, you’re just minutes from the best of Davenport living. World-class golf at Ridgewood Lakes, Providence, and ChampionsGate. Shopping, dining, and entertainment at Posner Park and local restaurants like Ovation Bistro & Bar and True Blue Winery. Outdoor recreation at Lake Louisa State Park, Hilochee Wildlife Management Area, and Lake Davenport. Easy access to Disney World, Universal Studios, and all Orlando attractions. Whether you’re seeking a permanent residence, a vacation home, or an investment property, this home offers the perfect blend of comfort, convenience, and Florida charm. Don’t miss your chance to own this move-in-ready pool home in one of Davenport’s most convenient locations—schedule your private tour today!
Source: STELLAR #TB8436324
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FAQs
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.
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.
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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.