**NEW ROOF INSTALLED MARCH 2024** 10-unit income-producing property located in the heart of Gulfport. This well-maintained concrete block multifamily has huge upside potential with current rents below market. Comprised of (1)Studio with Murphy bed and full bath with tub and shower, (7)1 bedroom/1 bath units, (1)2 bedroom/1.5 bath with washer and dryer, and (1)2 bedroom, 2 bath unit with washer and dryer. Month-to-month leases allow the buyer to add value by simply stabilizing rents. Units are individually metered with each tenant paying for their electricity. The owner currently pays water/sewer/garbage. First-class walkability. All of the action of Gulfport's beautiful waterfront and downtown shops, restaurants, and bars are steps from Gulfport Palms Apartments.
*DO NOT DISTURB TENANTS*DO NOT WALK PROPERTY*
Property Type(s):
Multi Family
Last Updated
|
4/4/2024
|
Tract
|
BOCA CEIGA PARK
|
Year Built
|
1972
|
Community
|
33707 - St Pete/South Pasadena/Gulfport/St Pete Bc
|
County
|
Pinellas
|
Price History
Prior to Apr 4, '24
|
$2,200,000 |
Apr 4, '24 - Today |
$2,000,000 |
Additional Details
AIR |
Central Air, Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
33707 - St Pete/South Pasadena/Gulfport/St Pete Bc |
BUYER'S BROKERAGE COMPENSATION |
2%-$295 |
CONSTRUCTION |
Block |
EXTERIOR |
Other |
HEAT |
Central |
LOT |
0.28 acre(s) |
LOT DIMENSIONS |
120x100 |
SEWER |
Public Sewer |
SUBDIVISION |
BOCA CEIGA PARK |
TAXES |
12456.64 |
UTILITIES |
Cable Available, Cable Connected, Electricity Connected |
WATER |
Public |
ZONING |
R3 |
Listing provided by Ashley Frazier, DALTON WADE INC, 888-668-8283
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 5/18/24 4:13 AM PDT.
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