422 Good Life Way Daytona Beach, FL 32124
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About this home
PRICE IMPROVEMENT at 422 Good Life Way! Resort-style living, tiki bars, live music, and zero snow shovels required. This slice of paradise won’t last long—homes here go faster than your northern neighbors booking flights to Florida! Act fast and start living the good life! Your island-inspired dream home awaits in the heart of Latitude Margaritaville, Daytona Beach's premier 55+ resort-style community. This well kept home offers the perfect blend of comfort and style, light-filled living spaces and a relaxing screened-in lanai. Whether you're a seasonal snowbird or making Florida your new forever home, this property is move-in ready and low-maintenance so you can focus on living the good life, not to mention you never have to cut grass again... Impeccably kept, this rare upgraded Parrot model has 3 Bedrooms & 2 baths. The gourmet kitchen has a large island and a breakfast nook, upgraded 42 inch cabinets, quartz countertops, pull-out cabinets and a must built-in beverage fridge perfect for your cold beverages. Open concept living, a separate formal dining room for more seating. Features a spacious, relaxing primary bedroom, overlooking the pond in the backyard, the ensuite features double walk-in closets, a large bathroom with oversized shower, double sinks and a separate water closet. You will spend a lot of time on the large extended screened-in lanai with breathtaking water views creating a tranquil oasis. You'll live your best lanai life with a TV hook-up, plenty of space for seating, lounging and dining. It is truly the perfect setting for outdoor living and entertaining. The 2 car garage has epoxy floors that's perfect for your car, golfcart and bikes. The Lot is large enough and can accommodate a pool, if you wish to add one. You're not just buying a home—you're joining a community that knows how to celebrate every moment, Latitude Margaritaville, an award-winning active 55+ community features Town Center with a restaurant & bar, gym, indoor & outdoor pools, theater, Barkaritaville Spa and dog park, meeting rooms, woodshop / clay studio. Activities abound with tennis, pickleball, bocce, sports fields, four heated swimming pools with scheduled classes and activities, daily live music by the main pool or on the stage for weekend dance parties. Take the private shuttle to Margaritaville's own Beach Club and spend a luxurious day of sun and sand, without lugging chairs and umbrellas! The community is a golf cart ride away from groceries, hair and nail salons, a bank, vet and more, easy car access to I-95, convenient to Tanger Outlets, Daytona Speedway, LPGA Championship golf and all that the Daytona/Ormond Beach area has to ofer. But it’s not just about the home—it’s about the lifestyle. Latitude is a Jimmy Buffett-inspired paradise where the vibes are always laid-back and the calendar is packed with fun. -Private Beach Club, with a pool and shuttle access - no need to worry about parking -Resort-style pool with cabanas and live music - lots of activities to join -State-of-the-art fitness center and spa - indoor lap pool and hot tub -Bar & Chill Restaurant + outdoor tiki bar - right by the pool - Several Tennis, pickleball, and bocce ball courts -Town Center with live concerts, dancing, socializing, arts & crafts, and many more... "Information is to the best of my knowledge, please verify all info including HOA information."
Source: STELLAR #V4943508
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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.