710 16th Ave E Palmetto, FL 34221
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About this home
LIVE ON THE WATER!! GATED WATERFRONT HOME W/ POOL & DOCK in a RESORT STYLE COMMUNITY - ON THE MANATEE RIVER! >> FLOOD INSURANCE NOT REQUIRED << + >> and LAWN CARE INCLUDED IN THE HOA! Come See this FABULOUS POOL HOME complete with a Private Dock and Boat Lift! Dreams Do Come True! Welcome to Sanctuary Cove offering the ultimate Florida lifestyle. Enjoy Maintenance Free living in a vibrant gated coastal community on the Manatee River with rich amenities and attractions. This Home shows like a Model! An open concept, the San Remo plan offers 3 generously sized bedrooms, + HOME OFFICE, 2.5 full baths, an OUTDOOR / SUMMER KITCHEN, INVITING POOL, PRIVATE DOCK and an Oversized 2 car garage. Upon arrival you are greeted by a meticulously manicured courtyard and a handsome Florida style elevation. Step inside and you will immediately Fall in Love with this home’s appointments and picturesque backdrop! As you continue back you will discover a gourmet kitchen boasting double ovens, gas cooktop, built in refrigerator, quartz counters, spacious center island, upgraded cabinets, and more. The kitchen opens to a large great room with a plethora of natural light and spectacular views of your pool and the water. A magnificent split floor plan design with high ceilings is ideal for entertaining. The Owner’s Suite offers a walk-in closet, luxurious bathroom with frameless glass shower, double sinks and water views. The secondary bedrooms are located on the opposite side of the home. Breathe easier and live healthier with an upgraded A/C system— with natural air ventilation and UV lights that eliminate allergens for a fresher home environment. Some of the Special features include hurricane rated impact resistant Low-E windows and doors, tankless water heater, Smart Home features, exquisite lighting throughout, oversized tile floors, ceiling fans, Plantation Shutters, Motorized Blinds, and a majestic back yard. Explore the outdoors and walk out on to an amazing patio space! Complete with an outdoor kitchen, expansive sitting area, a sparkling pool and panoramic views of your boat dock and the water. The composite boat dock features a 10,000lb lift, also fitted with electric, water, lighting and a large sitting area where you can enjoy the sunsets! The Gated Sanctuary Cove community is a Golf Cart friendly Resort Style community with with a Private Sugar Sand Beach, an 8600 sqft clubhouse that includes a waterfront community pool with lap lanes and a hot tub, fitness center, billiard room, ping pong, family/TV room, kitchen, bathrooms, heated pool with lap lanes and a hot tub! Riverfront Park and beach on the Manatee River with a riverside kayak launch, kayak storage area and golf cart parking available. Only minutes by boat or car to restaurants and shopping, including Ellenton Outlets, the Bradenton Yacht Club, Whiskey Joes, Woody’s River Roo and so much more. Detwiler’s Market is right across the street. Conveniently located to Downtown Bradenton, Lakewood Ranch, River Walk, I-75 and I-275, Anna Maria Island, Bradenton/Holmes Beach, Longboat Key, Sarasota, St Pete and Tampa Bay. This convenient location allows you easy access to the Manatee River, Gulf of Mexico, Terra Ceia Bay and Tampa Bay from your very own dock. Boat to Downtown Bradenton and approximately a 15 minute boat ride to Holmes Beach on Anna Maria Island. Call and Schedule a Private Showing TODAY!
Source: STELLAR #TB8428195
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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.