Area33707 - St Pete/South Pasadena/Gulfport/St Pete Bch
CountyPinellas
SubdivisionSTAMMS REP
MLSA4613856
StatusPending
DOM147 days
Under contract-accepting backup offers. 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.
Lot & Building Features
AppliancesNone
ConstructionWood Frame
CoolingCentral Air
HeatingCentral
Interior DecorEat-in Kitchen, Walk-In Closet(s), Primary Bedroom Main Floor, Open Floorplan, High Ceilings
SewerPublic Sewer
Tax Year2023
Taxes Paid$5,429
WaterPublic
Lot Dimensions45x180 ft
Price History of 2404 53RD STREET, GULFPORT, FL
Date
Name
Price
Difference
10/18/2024
Price Adjustment
$425,000
12.37%
12/31/1969
Listing Price
$485,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
2404 53RD STREET (MLS #A4613856) is a single family home located in GULFPORT, FL.
This is a single family home with a lot of 8,276 sqft (or 0.19 acres). This property was listed on 09/20/2024 and has been priced for sale at $425,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: KELLER WILLIAMS ST PETE REALTY