$485,000 Price Analysis    ♡   Gulfport, FL 33707 3 bed 2 bath 1,504 SqFt ($322/SqFt) 8,102SqFt lot. Built 1923 Listed 2024-06-13, Taxes $5,018 | Ⓧ USDA Ineligible due to location near Gulfport |
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 presen ts 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 abandond 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. Brand 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.
Presented by Candance Amorim De Rezende at
Keller Williams St Pete Realty.
Property MLS #A4613856 from StellarMLS
Primary Bedroom Level: First
Living Room Level: First
Full Bathrooms: 2
High Ceilings
Open Floorplan
Primary Bedroom Main Floor
Walk-In Closet(s)
Flooring: Wood
Heating Features: Central
Lot Size Dimensions: 45x180
Lot Size Square Feet: 8102
Source Listing Status: Active
County: Pinellas
Directions: From Downtown St Petersburg, head west on First Ave N, turn left onto 49th St N, turn right onto 22nd ave S, turn left onto 53rd St S, your destination is 700 ft on your left.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 33707 - St Pete/South Pasadena/Gulfport/St Pete Bc
Source Neighborhood: STAMMS REP
Parcel Number: 33-31-16-85122-000-0350
Postal Code Plus 4: 5162
Subdivision: STAMMS REP
Township: 31
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $232,473 | $5,018 |
| 2021 | $unknown + $unknown $211,339 | $3,918 |
| 2020 | $unknown + $unknown $188,178 | $3,583 |
| 2019 | $unknown + $unknown $171,071 | $3,248 |
| 2018 | $unknown + $unknown $155,519 | $2,987 |
| 2017 | $57,308 + $88,357 $145,665 | $2,758 |
| 2016 | $unknown + $unknown $128,528 | $2,519 |
| 2015 | $unknown + $unknown $88,662 | $1,778 |
| 2014 | $unknown + $unknown $74,340 | $1,394 |
| 2013 | $unknown + $unknown $59,983 | $1,222 |
| 2012 | $unknown + $unknown $61,752 | $1,257 |
| 2011 | $unknown + $unknown $81,202 | $1,630 |
| 2010 | $unknown + $unknown $91,305 | $1,759 |
| 2009 | $unknown + $unknown $84,581 | $1,636 |
| 2008 | $unknown + $unknown $181,200 | $3,462 |
| 2007 | $unknown + $unknown $228,600 | $4,253 |
$485,000
StellarMLS
Sold 2015-06-02
$179,900
StellarMLS
Relisted 2015-05-01
$179,900
StellarMLS
Listing removed 2015-03-13
$299,900
StellarMLS
Price Changed 2014-07-30
$299,900
StellarMLS
Relisted 2014-06-20
$249,900
StellarMLS
Listing removed 2014-06-18
$249,900
StellarMLS
Price Changed 2014-05-09
$249,900
StellarMLS
Price Changed 2014-03-19
$299,000
StellarMLS
Price Changed 2014-03-06
$349,000
StellarMLS
Listed 2014-03-05
$329,000
StellarMLS
Sold 2014-02-19
$114,000
Public Record
Sold 2008-01-25
$84,000
Public Record
Sold 2006-04-06
$315,000
Public Record
Sold 1995-03-08
$62,000
Public Record
Year Built: 1923
Building Area Source: Public Records
Building Area Total: 2912
Construction Materials: Wood Frame
Direction Faces: West
Levels: Multi/Split
Property Age: 101
Roof: Shingle
Levels or Stories: 2
Building Total Stories: 2
Public
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.