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5309 16TH AVENUE S

Multi-family Recently Sold
$400,000

BTC: 6.45577792

ETH: 229.09507446

Sold on: 2020-01-24
2 days
0 room(s)
1,300 sqft

Overview

Ideal investment opportunity with high cap rate! Property has highest PSF rent in Gulfport Almost impossible to find this kind of return in current market. CURRENT RENTS: Front 2/1: $1,300 MO, Back 2/1 is owner Occupied can get $1,375 MO. easily, Microsuite: $550 MO. No flood zone! Home has actual higher square footage of 1,420 Sq Ft. Don’t miss this gorgeous professionally designed immaculate/ALL CONTRACTOR PERMITTED open & airy modern multifamily home. 2 single family style 2/1 units with fenced entrances and yards and a bonus efficiency microsuite/in-law suite. Amazing drive-up appeal! owner lives in back 2/1 which can be lived in, rented immediately or used as Airbnb. owner occupied unit can be sold completely furnished as an option. Everything was replaced except for the concrete blocks in 2018 including--high seer energy star central air & appliances, tankless heater, plumbing, full electric upgrade including panels, all Miami Date impact doors & windows (homeowners is on $578 a year because house has been mitigation certified), roof, 10” insulation in attic, in-suite washer/dryers, euro kitchens with quartz countertops, euro baths with soaking tubs, 100% waterproof vinyl flooring, ceiling fans in living rooms and all bedrooms, level 2 electric car charging station onsite, double closets, storage sheds, xeriscaped for low maintenance with mature tropical clean palms, drip irrigation! This is a SmartHome with Nest thermostat WiFi, Ring video surveillance doorbell, all digital door locks with keypads.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1954
Lot:
0.15 Acres
Heating:
Electric
Price/sqft:
$292
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$339,499
$207K – $387K
Confidence Low
List vs. estimate
$40K above estimate
List $379,999 · +11.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$292
-16.8% vs. city median $351
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1,751
2018
All facts and features
  • Flooring

    • Laminate

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Convection Oven

    • Dishwasher

    • Disposal

    • Dryer

    • Freezer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Ceiling Fan(s)

    • Window Treatments

  • Property

    • Exterior Features: Dog Run / Irrigation System

    Lot

    • Lot: 0.15 Acres

    Other Property Information

    • Parcel Number: 283116673380050100

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Utility

    • Cable Available

    • Cable Connected

    • Electricity Connected

    • Underground Utilities

  • Other financial information

    • Annual tax amount: $1,751

  • Source details

    • MLS ID: O5835019

    Other facts

    • Construction Materials: Stucco

    • Foundation Details: Slab

    • Patio And Porch Features: Deck / Patio / Porch

    • Living Area: 1300

    • Water Source: Public

    • Subdivision Name: PASADENA GARDENS GULFVIEW SEC

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: BAR INVEST REALTY LLC