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2404 53RD STREET S

House For Sale
$485,000

BTC: 7.36788471

ETH: 182.31574832

106 days
3 bds
2 ba
1,504 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

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.

Location

Facts and features

Type:
Residential
Parking:
No Data
Year Built:
1923
Lot:
0.19 Acres
Heating:
Central
Price/sqft:
$322
Cooling:
Central Air
HOA:
No Data
All facts and features
  • Flooring

    • Hardwood

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • None

    Other interior features

    • Eating Space In Kitchen

    • High Ceilings

    • Open Floorplan

    • Primary Bedroom Main Floor

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Property

    • Levels: Multi/Split

    • Exterior Features: Other

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 333116851220000350

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Public

  • Other financial information

    • Annual tax amount: $5,429

  • Source details

    • MLS ID: A4613856

    Other facts

    • Construction Materials: Wood Frame

    • Foundation Details: Other

    • Laundry Features: Electric Dryer Hookup / Laundry Closet

    • Direction Faces: West

    • Fireplace: Yes

    • Living Area: 1504

    • Water Source: Public

    • Lot Size Dimensions: 45 x 180

    • Subdivision Name: STAMMS REP

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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 ©2024-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: KELLER WILLIAMS ST PETE REALTY