3454 Velona Ave New Smyrna Beach, FL 32168
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About this home
Welcome to your dream home in the desirable Savona South community of Venetian Bay! This charming 3-bedroom, 2-bathroom single-story home offers comfort, style, and modern conveniences, all set on a spacious 6,600 sq ft lot in beautiful New Smyrna Beach. Built in 2011, this residence boasts an open-concept layout with soaring ceilings that create a bright, airy atmosphere throughout the living spaces. The well-appointed kitchen features solid wood cabinets and flows seamlessly into the family room—perfect for entertaining and everyday living. Additional highlights include a dedicated laundry room with washer and dryer, a 5-year warranty on the refrigerator, and a 10-year warranty on the AC, which is serviced every six months for your peace of mind. Relax outdoors on the large wraparound front porch or enjoy quiet evenings in the screened lanai overlooking lush, mature landscaping. The property is adorned with fruit trees, including mango, avocado, lemon, and grapefruit, adding a touch of nature to your backyard oasis. Practical exterior features include hurricane shutters, rain gutters, a full irrigation system, fenced yard and a convenient rear-entry garage accessed via a private service road. Inside, you’ll find thoughtful details such as high ceilings, window treatments, ceiling fans, and a kitchen/family room combo designed for function and flow. The spacious master suite is located on the main floor for convenience. Located in the sought-after Venetian Bay community, this home combines modern living with Florida charm and access to incredible neighborhood amenities. Enjoy golf, walking trails, and more—all just minutes from the beach, shopping, and dining. Grand opening - new Tiki Bar and Pool for $55 a month! Experience Florida living at its finest in this charming Venetian Bay home, where comfort, convenience, and community come together.
Source: STELLAR #TB8421381
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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.