2404 53RD STREET S GULFPORT FL 33707 MLS #A4613856

2404 53RD STREET S
GULFPORT, FL, 33707
$485,000
3 Beds
2 Baths
2,912 SqFt
0.19 Acres
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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.

Property Details

Price:
$485,000
MLS #:
A4613856
Status:
Active
Beds:
3
Baths:
2
Address:
2404 53RD STREET S
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
STAMMS REP
Neighborhood:
33707 – St Pete/South Pasadena/Gulfport/St Pete Bch
City:
GULFPORT
Listed Date:
Jun 13, 2024
State:
FL
Finished Sq Ft:
2,912
Total Sq Ft:
2,912
ZIP:
33707
Lot Size:
8,102 sqft / 0.19 acres (approx)
Year Built:
1923
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Schools

Interior

Appliances
None
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Central
Laundry Features
Electric Dryer Hookup, Laundry Closet

Exterior

Construction Materials
Wood Frame
Exterior Features
Other
Roof
Shingle

Financial

Tax Year
2023
Taxes
$5,429

Map

Community

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2404 53RD STREET S
GULFPORT, FL