8054 Gulf Blvd Navarre, FL 32566
Your savings
About this home
Updated and reconfigured Navarre Beach home with an assumable 2.375% loan subject to lender approval. This two story coastal retreat offers full Gulf and Sound views, direct Beach access and no HOA. The assumable low-rate financing provides a rare opportunity for long term savings compared to today's market loans. Thoughtfully redesigned with three bedrooms, two full baths and one half bath,this home blends comfort and coastal style. The open second floor living area captures panoramic water views and opens to full length covered decks-ideal for sunrise coffee and sunset skies. The kitchen features Corian counters, abundant cabinetry, new stainless steel appliances and a breakfast bar open to the dining area. The primary suite includes a walk-in closet and private bath with shower. Fresh steel appliances and a breakfast bar. From the dining area you'll find a spacious living room surrounded by windows and two sliding glass doors that lead to a covered Gulf-side balcony. The perfect spot to enjoy your morning coffee or evening sunsets. On the main floor, you will discover 3 bedrooms and 2 full bathrooms with cultured marble showers. All bedrooms feature a door leading to the Gulf-facing deck. The primary suite includes a walk-in closet and a private bath with a separate shower. Other highlights include laundry on the main level, plenty of storage space, and a prime location just steps from the white sands and emerald waters of Navarre Beach. Whether you're seeking a primary residence, second home, or vacation rental investment, this property delivers the best coastal living without an HOA's restrictions. Freshly painted, new light fixtures, brand new appliances and fully furnished make this property move-in and rental ready! Don't miss your chance to own a piece of paradise and an unbeatable 2.375% financing opportunity!
Source: EMERALDCOAST #975041
Loan details
Neighborhood
45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
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.