3066 Grand Palm Way Gulf Breeze, FL 32563
Your savings
About this home
Discover your next home in the tranquil Gulf Breeze community of The Forest at Oriole Beach with new carpeting, fresh paint - and a new pool liner! This spacious five-bedroom, three-bathroom home offers a separate office and two living areas, providing ample space for all your needs. The open concept living room, kitchen, and dining area create a welcoming central area of the home. The kitchen features granite countertops, coordinating backsplash, stainless steel appliances, stove, dishwasher, and built-in microwave. While also providing abundant cabinetry, a walk-in pantry, a large breakfast/brunch bar which seamlessly flows into the bright great room - this space is both functional and inviting. The adjacent dining area opens to the kitchen and living room and then leads you outside to the 16x32x8 deep swimming pool - a true backyard oasis for your own personal relaxation or entertaining all your friends and family. On the main floor, a private 5th guest bedroom sits conveniently next to the full bathroom. Upstairs, the primary suite and three additional bedrooms are thoughtfully positioned in separate corners for privacy. The large primary suite features its own en-suite with privacy-door, double vanities, tiled shower and a generous walk-in closet. Matching granite accents elevate all three bathrooms and ties together the home’s decorative style. The second floor bonus living area - as a game room, play space, or extra study - adds flexibility and is conveniently located next to the laundry room. Outside, enjoy the large .25-acre fenced backyard and pool creating that peaceful retreat you need to unwind. The two-car garage offers an additional convenient entry/exit to the back yard and wired for a generator. Welcome to your forever home - where comfort, style, and tranquility await!
Source: PENSACOLA #660837
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.