25 Dolphin Ave Ormond Beach, FL 32176
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About this home
One or more photo(s) has been virtually staged. Nestled just steps from both the Intracoastal Waterway and the pristine sands of the beach, this beautifully remodeled single-story beachside residence offers the perfect blend of relaxed coastal living and contemporary upgrades. Boasting two spacious bedrooms and two bathrooms, this home is a serene sanctuary ideal for both full-time living and weekend escapes. Inside, you'll find stylish new tile flooring, complemented by thoughtfully selected light fixtures that enhance the home's bright, airy ambiance. The newly redesigned kitchen is a true showpiece, featuring chic cabinetry, sleek countertops, a stainless kitchen sink, open shelving for stylish storage, and brand-new appliances — including a coveted gas range, perfect for the home chef. The primary suite is a private retreat, complete with a closet that is cedar lined with built-in drawers, modern en-suite bathroom showcasing a walk-in tiled shower, and an updated vanity that blends form and function. Step outside to a generously sized lanai, perfect for entertaining or simply savoring the coastal breeze. The fenced-in backyard provides privacy and space for outdoor enjoyment. A one-car garage adds convenience and additional storage. Additional upgrades include new septic system (2020), new windows (2018), a new roof (2017), and a new A/C system (2016), offering peace of mind for years to come. This is your opportunity to own a slice of paradise—effortlessly blending comfort, style, and an unbeatable location near the water.
Source: STELLAR #NS1085031
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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.