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20
Photos
2404 53rd STREET S, Gulfport, FL 33707
$485,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,504
sqft
Built in
1923
Calling all Investors, Contractors and Experienced Home Buyers! Located in lively Gulfport, this potential multifamily property presents a unique investment opportunity and tons of untapped potential. This previous 4-plex is now a partially remodeled home, yet is currently comprised of two structures on a sizable lot with back alley access. This property offers versatility and adaptability to suit a variety of investment strategies or primary home buyer needs. The primary home, situated at the forefront of the property, exudes charm with its cottage style architecture and old Gulfport feel. Previous plans include two bedrooms, two baths, lots of living space and a cozy fireplace, setting the stage for serene evenings or lively gatherings. However, it's the second building, currently in need of extensive work or replacement, that unveils a canvas of opportunity for reimagination, awaiting transformation into additional living space, an oversized garage or other possibilities, subject to the buyer's vision and local regulations. Buyers are urged to conduct thorough due diligence to verify all dimensions, permits, and plans, ensuring alignment with their investment objectives and regulatory requirements. While the primary home offers more immediate occupancy potential, the incomplete status of the second building presents an exciting prospect for investors. This will be a revitalization project and become a true Gulfport gem when you take this property to its full potential. Whether pursuing rental income, multi-generational living arrangements, or redevelopment, this property stands poised to deliver both immediate returns and long-term value appreciation in a sought-after locale. With its strategic location, this potential multifamily property epitomizes the essence of real estate opportunity. Seize the chance to shape its destiny and unlock its full potential, transforming this property into a lucrative investment or a place to call home for generations to come. Buyer discretion is advised, and exploration of the myriad of possibilities awaits those with the foresight and determination to make this vision a reality. Currently, property does have permits that were abandoned and may need to be addressed by the new and future owner. These permits will not be addressed by current owner or before Closing as current owner will not be completing the existing project or beginning any new remodel project. New Permits will be required to proceed with any remodel or build. Buyer due diligence is required. One or more photos has been virtually staged to help showcase the intended use and true potential of spaces both inside and outside of the home.
Features & Amenities
Interior
- General:
- Eating Space In Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Walk-In Closet(s)
- Appliances:
- None
- Laundry:
- Electric Dryer Hookup, Laundry Closet
- Flooring:
- Hardwood
- A/C:
- true, Central Air
- Heating:
- true, Central
- Fireplace:
- Fireplace
Exterior
- General:
- Other
Construction
- Roofing:
- Shingle
- General:
- Wood Frame, Multi/Split, Other
Location
- Road/Access:
- Brick
- Originating MLS:
- Stellar MLS
- County:
- Pinellas
Lot
- Zoning:
- STAMM'S REPLAT LOT 35, 333116851220000350
Utilities
- Utilities:
- Public
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Stellar MLS
- Buyers Agent Compensation:
- 2.25%
- NA Compensation:
- 1%
This listing courtesy of:
KELLER WILLIAMS ST PETE REALTY, Candance Amorim de Rezende
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Saint Petersburg, FL
Housing
- Number of Units
- 198,858
- Median Home Value
- $268,233
- Median Rent
- $1,040
34.52% of housing units are renter occupied.
14.89% are vacant.
Commute
- Car
-
62.17%
- Public Transportation
-
1.66%
- Walk to Work
-
1.48%
- Work from Home
-
32.47%
- Other
-
1.10%
The median travel time to work is 17 minutes.
People
- Population
- 352,896
- Median Age
- 46.30
- Median Household Size
- 2.36
Education
- High School
-
25.67%
- Associate’s Degree
-
9.20%
- Bachelor’s Degree
-
22.93%
- Graduate Degree
-
13.14%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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