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2404 53rd Street S, Gulfport, FL 33707

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For Sale

$425,000

3 beds2 baths1,504 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Single Family Detached
    Property type

  • $282.58
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# A4613856

Courtesy Of Keller Williams St. Pete Realty

(727) 894-1600

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Floor Covering
    Wood
  • Heating System
    Central Furnace
  • Lot Size
    0.19 Acres
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 2404 53rd Street S, Gulfport, FL 33707
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