300 River Blvd S Nokomis, FL 34275
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About this home
NEW ROOF INSTALLED 2025! Seller Motivated!! No HOA! No Flood Zone! Only 1.5 miles from the beach! Selling fully furnished! Discover this beautifully updated Florida home for sale just minutes from Nokomis Beach. This 2-bedroom, 2-bathroom beach house for sale is in a prime location for coastal living, only 5 minutes from the Gulf and with quick access to I-75—offering the perfect blend of beachside lifestyle and commuter convenience. Step inside this move-in ready home featuring vaulted ceilings, fresh interior paint, and an open-concept layout that fills the space with natural light. A sliding glass door leads to the deck—ideal for outdoor entertaining or simply enjoying the Florida sunshine. The home has been thoughtfully upgraded with a brand-new HVAC system, spray foam insulation, and fully renovated bathrooms with new shower and tub systems, LED-touch mirrors, new toilets, faucets, and modern lighting switches and outlets. Finished with new ceramic tile flooring, fresh trim, and sold fully furnished, this is a true turnkey property ready for you to enjoy immediately. Located on a corner lot in a quiet, friendly neighborhood with no deed restrictions, no flood zone, and no HOA, this property offers ample yard space to create your dream outdoor area, add a fenced yard, or build extra parking—plenty of room to make it your own. Currently operating as a successful short-term vacation rental, this home also offers a fantastic investment property opportunity with proven rental income potential—ideal for anyone looking to grow their real estate portfolio or own a second home in sunny Florida. Nokomis is known for its laid-back charm and outdoor activities, from boating, fishing, and swimming to camping and glamping nearby. The Legacy Trail, a 10-mile scenic bike path, connects Sarasota and Venice, while local farmer’s markets, shopping, excellent dining, and entertainment are all close by. Don’t miss your chance to own this Florida dream home—a fully furnished, move-in ready beach house with income potential!
Source: STELLAR #A4664950
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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.