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2221 & 2217 51ST Street S

Gulfport, FL 33707
  • $950,000
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: U8154131
UPDATED: 54 min ago
$950,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,318
    SQFT
  • $286
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:

School Ratings & Info

Description

RARE OPPORTUNITY to purchase 2 adjacent FULLY OCCUPIED CONCRETE BLOCK DUPLEXES on LARGE LOTS in HIGH-DEMAND and WALKABLE GULFPORT!!!!! These EXCELLENTLY LOCATED properties are a GREAT UNIT MIX of 3 1-Bedroom apartments and 1 2-BR apartment - both high-demand products in our booming rental market. 100 PERCENT OCCUPIED, SEPARATELY METERED for ELECTRIC and WATER, and fresh paint make these excellent additions for any investor's portfolio. Located just a few minutes walk to beautiful parks as well as lively Downtown Gulfport, these properties will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner with significant up-side. This area is IN-DEMAND for rentals, and will remainthat way for the foreseeable future as our market continuesto boom!This NO-FLOOD ZONE property is located just blocks from downtown GULFPORT - an IDEAL LOCATION for Tenants!! Walk to all of the excellent restaurants, shops and beach, and the DINING, ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for is just a short drive away!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Please Note:Seller will NOT sell the properties separately.Because of Tenants showingsare once under contract only unless tenants are able to accomodate.Please note Code Violation requiring correction in Disclosures - a previous owner had created an illegal additional unit, which is now vacated but requires further corrections .This listing is 2 separately parceled properties being sold together, so all numbers are the total of the 2 properties.Current Rents are well below market - great upside potential as all on month to month.Drive-By's are encouraged but please don't disturb tenants - thank you! Don't wait - invest now in the future of Tampa Bay!!!

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-22T09:41:52.473.
www.suncoasthomeexperts.com/homes/126424043
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2221 & 2217 51ST Street S Gulfport, FL 33707

  • Price: $950,000
  • Status: Active
  • On Site: 77 Days
  • Updated: 54 min ago
  • MLS #: U8154131
0
Beds
0
Baths
0
½ Baths
0.35
Acres
3,318
SQFT
$286
$/SQFT
1956
Built
Neighborhood:
Gulfport
County:
Pinellas
Area:
33707 St Pete/South Pasadena/Gulfport/St Pete Bch
Property Description
RARE OPPORTUNITY to purchase 2 adjacent FULLY OCCUPIED CONCRETE BLOCK DUPLEXES on LARGE LOTS in HIGH-DEMAND and WALKABLE GULFPORT!!!!! These EXCELLENTLY LOCATED properties are a GREAT UNIT MIX of 3 1-Bedroom apartments and 1 2-BR apartment - both high-demand products in our booming rental market. 100 PERCENT OCCUPIED, SEPARATELY METERED for ELECTRIC and WATER, and fresh paint make these excellent additions for any investor's portfolio. Located just a few minutes walk to beautiful parks as well as lively Downtown Gulfport, these properties will be sure to provide SOLID, CONSISTENT CASH-FLOW for the next owner with significant up-side. This area is IN-DEMAND for rentals, and will remainthat way for the foreseeable future as our market continuesto boom!This NO-FLOOD ZONE property is located just blocks from downtown GULFPORT - an IDEAL LOCATION for Tenants!! Walk to all of the excellent restaurants, shops and beach, and the DINING, ENTERTAINMENT, CULTURAL ATTRACTIONS and WATERFRONT PARKS that DOWNTOWN ST PETE is so rightly famous for is just a short drive away!!! With easy access to the freeway it's also just a short drive to our amazing BEACHES or downtown Tampa - truly something for everyone. Please Note:Seller will NOT sell the properties separately.Because of Tenants showingsare once under contract only unless tenants are able to accomodate.Please note Code Violation requiring correction in Disclosures - a previous owner had created an illegal additional unit, which is now vacated but requires further corrections .This listing is 2 separately parceled properties being sold together, so all numbers are the total of the 2 properties.Current Rents are well below market - great upside potential as all on month to month.Drive-By's are encouraged but please don't disturb tenants - thank you! Don't wait - invest now in the future of Tampa Bay!!!
Exterior Features

Carport Spaces 2 Carport Yn Yes Construction Materials Block Covered Spaces 2 Exterior Features OtherStorage Foundation Details SlabStem Wall Lot Size Dimensions 50X155 Open Parking YN No Patio And Porch Features CoveredFront PorchRear PorchScreened Pool Private Yn No Road Surface Type Paved Roof Shingle View City Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Yn No Heating Wall Units / Window Unit Heating YN Yes Interior Features Other Levels One Sewer Public Sewer Water Source Public

Property Features

Annual Net Income 33000 Association Yn No Cdd Yn No DPR No Est Annual Market Income 81540 Flood Zone Code X Garage Yn No New Construction Yn No Ownership Fee Simple Property Sub Type Quadruplex Senior Community Yn No Special Listing Conditions None Tax Annual Amount 3736.34 Total Annual Fees 0 Total Monthly Fees 0 Utilities Electricity ConnectedSewer ConnectedWater Connected


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Re/Max Preferred.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-05-22T09:41:52.473.
 
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