7986 Majestic Cypress Dr Milton, FL 32583
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About this home
Welcome to this stunning 3-bedroom, 2.5-bathroom pool home, perfectly situated on a spacious 0.51-acre lot in the highly sought-after The Preserve community of Milton, FL. Built in 2018, this residence showcases modern comfort, elegant design, and meticulous attention to detail throughout. Step inside to an open-concept floor plan with 10-foot ceilings, creating a bright and inviting atmosphere. The gourmet kitchen is a chef’s dream, featuring all-wood cabinetry, granite countertops, stainless steel appliances, and a large island offering ample storage and workspace. A walk-in pantry, custom-designed by Closets by Design, adds both functionality and style. The primary suite is a luxurious retreat, complete with a tray ceiling, two spacious walk-in closets also by Closets by Design, and a fully tiled walk-in shower with multiple shower heads. Both full bathrooms boast premium finishes and fixtures, while a half bath provides added convenience for guests. Flooring throughout the home includes a blend of tile, carpet, and luxury vinyl tile, chosen for durability and aesthetic appeal. Enjoy the outdoors year-round in the Florida Room—a $22,000 upgrade—measuring 11' x 20', equipped with a mini-split system and overlooking the screen-enclosed 16' x 32' pool and deep backyard. The exterior combines brick, stone, and siding for timeless curb appeal and low maintenance. A 3-car garage offers abundant parking and storage options. Additional features include a 24' x 36' workshop with spray-foam insulation and electric, plus a 12' x 24' shed also equipped with electric, insulation, flooring, and window units. The property is fully irrigated and supported by a private well. Experience the perfect blend of comfort, craftsmanship, and convenience—schedule your private tour today and discover your new oasis in The Preserve!
Source: PENSACOLA #671971
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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.