2316 Majestic Dr Pensacola, FL 32534
Your savings
About this home
Welcome to this beautifully updated 4-bedroom, 2-bath home in the desirable Majestic Oaks subdivision with NO HOA. Nestled in a prime Pensacola location close to dining, shopping, golf, and easy interstate access, this property combines comfort, functionality, and modern updates. Interior Highlights Fireplace, Fresh paint, updated hardware, and new faucets throughout for a move-in-ready feel Spacious open-concept living area with cathedral ceilings, recessed lighting, gas fireplace, and abundant natural light Large kitchen with island, ample counter space, tall cabinets, breakfast nook, and separate formal dining room Oversized primary suite with tray ceiling, dual walk-in closets, garden tub, separate shower, and double vanity Three additional bedrooms plus a versatile office/study and light-filled Florida room with a wall of windows Carpet (3 years old) in bedrooms, durable tile in main living areas Surround sound system with built-in speakers in the kitchen, great room, Florida room, and primary suite Included with Sale Washer, dryer, Kitchen and garage refrigerator both 3 years old , and three mounted TVs in guest bedrooms Additional Features Hot Water Heater 2025 Roof replaced 2019 AC system only 3 years old Epoxy-coated garage floor for a sleek, durable finish Garage sized to fit a boat, plus extended side parking perfect for a large truck with access to the backyard Longer driveway than most homes in the neighborhood—ideal for extra parking Backyard shed with power, fenced yard, Pre-wired for sprinklers and patio for outdoor living This home offers space, convenience, and modern upgrades in a sought-after neighborhood. Don’t miss your chance to make 2316 Majestic Dr your new address. Schedule your private showing today!
Source: PENSACOLA #671181
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.