265 Ocean Palm Dr Flagler Beach, FL 32136
Your savings
About this home
PRICE REDUCED .... Just $499,000 .... 1 Block To The Beach .... 265 Ocean Palm Drive .... KEY WEST Style Home .... Beautiful Intracoastal River Views .... Spacious Split Floor Plan .... 3 Large Bedrooms & 3 Full Baths .... LIVING AREA 1692 LSF - Total Sq Ft of 2820 .... Effective Year Built 2004 .... ALL LIVING AREAS WITH TILE FLOORS .... BEDROOMS HAVE BERBER CARPET ... LARGE Kitchen with LG Appliances & Granite Counter-Tops .... Formal Living Room, Dining Room, Family Room & a Large Sunroom .... EXCELLENT Condition & BEAUTIFULLY Maintained .... Oversized Rear Patio Facing East w/Ocean Breeze & Beautiful Views of the Flagler Beach Golf Course .... Room for a Pool, too .... Front & Rear Storm Doors .... Windows have Hurricane Roll-up Shutters .... Large 2 Car Garage with a Full Bath .... Side Driveway for an RV/Boat or Just a Turn Around .... NEW ROOF 2023 WITH EXTRA INSULATION .... Sprinkler System on a Deep Well .... Flagler Beach is Golf Cart Friendly .... AND, Pets ARE allowed on the Beach in this area .... Delicious Dining, Fun Shopping, Art, Music & Car Shows, Tennis, 9 Hole Golf Course, Fishing, Boating & Kayaking are all a part of our Flordia Lifestyle 'Just Waiting For You' in Flagler Beach, Florida .... St. Augustine & Daytona Beach are a 30 minute drive along A1A .... Orlando, Disney, Jacksonville just 60 minutes .... Sea You at the Beach!
Source: STELLAR #FC310545
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.