4150 S Atlantic Ave Apt 111b Unit 111B New Smyrna Beach, FL 32169
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About this home
This beautifully updated, 2 bed/2.5 bath townhome is ready for your arrival in the charming, coastal community of BAHAMIAN CLUB. Forget the renovation budget, the work is done here including the brand new roof just completed(2025). The tropical landscaping and welcome shade from the canopies of oaks can be enjoyed from either the newly tiled upstairs balcony or spacious, screened patio entry of this home. Step inside and you'll appreciate all the wonderful updates including the neutral tile floors(ground floor), stainless kitchen appliances and the matching wood cabinetry with stainless pulls and stone counters in all 3 bathrooms and kitchen. Sliders offer plenty of natural light and allow entry from both upstairs bedrooms to the private balcony...the perfect spot to lounge with a good book and your favorite beverage. Whether you enjoy relaxing to the rhythm of the waves after a short walk to the NO-DRIVE BEACH, or prefer a more active day filled with tennis, pickle ball, shuffleboard followed by a dip in the pool; Bahamian Club offers all of this and more. Plus the reasonable HOA fee of $485/mo includes your cable + HBO, Wifi/internet, exterior maintenance, grounds maintenance, water/trash/recycling, pest control & more.
Source: STELLAR #NS1085307
Neighborhood
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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.