2404 53RD ST S Active

Gulfport,FL 33707

$ 425000

3 Beds

2 Baths

1504 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,504 sqft

Price per Sqft $282

Subdivision Stamms Rep

MLS Listing ID A4613856

Bedrooms 3

Full Baths 2

HOA Y/N No

Originating Board Stellar MLS

Year Built 1923

Annual Tax Amount $5,429

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 45x180

Property Description

Calling all Investors, Contractors and Experienced Home Buyers! Located in lively Gulfport, this multi faceted 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 property epitomizes the essence of real estate opportunity. Seize the chance to shape its destiny and unlock its full potential, transforming this gem 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.

Location

State FL

County Pinellas

Community Stamms Rep

Direction S

Interior

Interior Features Eat-in Kitchen,High Ceilings,Open Floorplan,Primary Bedroom Main Floor,Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Wood

Fireplace true

Appliance None

Laundry Electric Dryer Hookup,Laundry Closet

Exterior

Exterior Feature Other

Utilities Available Public

Waterfront false

Roof Type Shingle

Garage false

Private Pool No

Building

Story 2

Entry Level Multi/Split

Foundation Other

Lot Size Range 0 to less than 1/4

Sewer Public Sewer

Water Public

Structure Type Wood Frame

New Construction false

Others

Senior Community No

Ownership Fee Simple

Special Listing Condition None

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