17032 Ohara Dr Port Charlotte, FL 33948
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About this home
Dock your boat in your backyard and sail away to the Gulf, islands and beyond. Impressive waterfront home with amazing sunsets. Florida living at it's finest. Discover your sanctuary on the waterfront in the desirable Manchester Waterway community—no HOA fees here! Enjoy the convenience of COUNTY WATER & SEWER services and an assumable low cost flood insurance policy. This exquisite Sailboat Waterfront residence, located on sought-after Ohara Drive, offers an unparalleled coastal living experience packed with attractive amenities. With NO BRIDGES, your sailing excursions are completely unrestricted from this prime location. Boating lovers will delight in not just one but two boat lifts, including a robust 35,000 lb sailboat lift and a smaller 2000 lb lift, making launching and storing your vessels effortless. Explore the calm waters of Boca Grande, Captiva, Pine Island, and the Gulf with ease. Imagine the peace of mind and convenience of keeping your sailboat lifted out of the water! From your backyard, take in serene views along the extensive canal, creating an atmosphere of peaceful relaxation. Step onto your lanai, adorned with pavers, an ideal spot to escape the summer heat. Cool off in the pool or relax on the covered front porch featuring elegant stonework while watching breathtaking sunsets. Nature enthusiasts will appreciate the nearby shallows and mangroves, teeming with fishing opportunities. Whether you prefer sailing your yacht, powering your boat, or paddling your kayak, endless adventures await. Built in 2011, this 2,256 square foot split floor plan home boasts contemporary appeal with plank tile flooring, quartz countertops, charming craftsman-style stone accents on the exterior and a detached storage shed is included for all your storage needs. The chef’s kitchen impresses with two pantries, a large island, and ample counter space perfect for entertaining guests. The office or den, equipped with a closet, easily converts into a fourth bedroom with a convenient Murphy bed system. Additional features include a four-zone irrigation system,hurricane shutters, a reinforced garage door for storm protection. Bright, spacious interiors bathed in natural light highlight this waterfront haven, perfectly embodying the Florida boating lifestyle. Don’t let this exceptional opportunity sail away—make this stunning home yours today!
Source: STELLAR #D6144625
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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.