5.5% VA Assumption, $0 Equity Gap: 12401 Shining Willow Street
FEATURED TAMPA BAY LISTING
A home search is about the property and the way you finance it. At 12401 Shining Willow Street in Riverview, the seller’s existing VA loan is offered for assumption at a 5.5% note interest rate with a $0 equity gap. Chris Johnson and EmpowerHome Team have confirmed that this opportunity is open to qualified veterans and non-veterans, subject to loan-servicer approval.
5.5% existing VA loan note rate | $0 equity gap | Qualified veterans and non-veterans may apply
$500,000 asking price · 4 bedrooms · 3 full baths and 1 half bath · 2,798 sq. ft. · Built 2022 · MLS TB8547911
Listing information checked October 12, 2026. Price, status and terms can change.
View full property details, all photos and showing options
What the $0 equity gap means
The equity gap is the difference that an assuming buyer would otherwise need to cover between the agreed purchase price and the loan amount being assumed. This listing is being marketed with a $0 equity gap. Ask our team to review the current assumption terms and loan documents with you before making an offer.
The 5.5% figure is the existing loan’s note interest rate. An assumption transfers the approved existing loan rather than creating a new mortgage at an advertised market rate. Qualification and the final assumption require the servicer’s approval; eligibility is not automatic.
A flexible retreat within the home
Beyond the financing opportunity, the home offers 2,798 square feet, four bedrooms, three full bathrooms, a half bathroom and a three-car garage. A separate retreat includes its own bedroom, full bathroom, walk-in closet and kitchenette.
That space gives you options for visitors, a separate work or leisure area, or a different household arrangement. The generous kitchen island anchors connected living and dining areas, so the main part of the home still provides a place to gather. Built in 2022, the home is identified in the listing as Flood Zone X; verify the current parcel designation and insurance requirements.
Inside the home
Getting to know Cedarbrook
Cedarbrook is the community name used in the remarks, while Belmond Reserve Phase 1 is the recorded subdivision shown in the MLS fields. Cedarbrook HOA and Belmond Reserve CDD provide the community documents and recreation policies. The listing describes a community pool, dog park, trails, clubhouse, pickleball and tennis. Review current access rules and assessments for the property.
Explore community information and our Riverview area guide to compare the location with other homes.
Everyday stops and local outings
Winthrop Town Center at 11109 Winthrop Market St, Riverview is one shopping option in the broader area. Check the route from this home, since the most convenient store depends on your routine. Store details and directions.
Riverview Park & Recreation Center is one place to investigate as you explore the area. A public park with basketball, tennis, a playground and picnic shelters. Use the county’s facility page for current details.
MacDill, Downtown Tampa, Gulf beaches and theme parks
The table starts at 12401 Shining Willow Street, Riverview. Distances and drive times are approximate examples from the first Google Maps route shown when checked October 12, 2026, using “Leave now.” They are not a rush-hour forecast or a guaranteed commute.
Destination | Road distance | Example drive | Directions |
|---|---|---|---|
MacDill AFB Visitor Control Center | 27.2 miles | 39 min | |
Manatee Public Beach | 43.0 miles | 1 hr 1 min | |
Downtown Tampa | 19.8 miles | 30 min | |
Busch Gardens Tampa Bay | 26.5 miles | 41 min | |
Walt Disney World | 71.9 miles | 1 hr 25 min |
Gulf beach choice: Manatee Public Beach was the closest by road distance among the public Gulf beach destinations compared for this home. We compared St. Pete Beach / Upham Beach, Fort De Soto North Beach, Manatee Public Beach, Clearwater Beach / Pier 60, Pass-a-Grille Beach, Indian Rocks Beach. Check beach information before visiting. Apollo Beach and other Tampa Bay shorelines were excluded from this Gulf beach comparison.
MacDill is measured to the Visitor Control Center at 6901 S Dale Mabry Highway, beside the Dale Mabry gate. Add time for gate processing and travel inside the base. Downtown uses Tampa City Hall as the endpoint. The Disney example ends at Disney Springs within Walt Disney World; each theme park has a different parking and entry trip. Traffic, toll routes, road work and parking can change the day’s plan.
Ask about the 5.5% VA assumption and this home
Chris Johnson and EmpowerHome Team can help you review the property, compare the location and request the current assumption details and arrange a showing. Contact our team or call 813-669-7929. View full property details and photos in our home search.
Have a home to sell before you buy? Our team’s five-step marketing system combines property presentation and buyer outreach to support your next move. Explore selling with Chris Johnson and EmpowerHome Team.
Property features are based on the MLS listing and information supplied by our listing team. Verify measurements, condition, parcel records and applicable community documents. Assumption terms are subject to current loan documentation and servicer approval. Photos shown here are the supplied listing photographs.
