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5427 31ST AVE S Gulfport, FL 33707
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Key Details
Sold Price $610,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $276
Subdivision Boca Ceiga Park
MLS Listing ID O5806312
Sold Date 10/16/19
Construction Status No Contingency
HOA Y/N No
Year Built 1948
Annual Tax Amount $3,721
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 140X60
Property Description
One or more photo(s) has been virtually staged. An income property dream come true: and a RARE opportunity to own an ever appreciating investment in the very heart of the much sought-after Waterfront Arts District in Gulfport! Nestled on a quaint brick street, a block away from the iconic Gulfport Casino and the Pier, restaurants, shops and entertainment, overlooking the dreamy anchorage of Boca Ciega Bay, this Four Plex : 4 One bedroom - One bathroom property is ready for its new owner. Solid concrete block construction on oversized 140' lot in the heart of the Art District, updated with hurricane compliant doors and windows, new roof (5/19), new luxury vinyl plank floors (6/19), all new kitchens and bathrooms (7/19), outfitted with all new fixtures and appliances. Each of the Four (4) units is on a separate electric and water meter, has its own driveway with a carport, and a sizable backyard. All units share a laundry and a storage room, with a private backyard access. The lucky new owner of this income producing property can tailor the rent of the units as they please: 30 day vacation rental ($900/week in peak season); month to month or an yearly lease, and any length under 30 days 3 times/year (AirBnB). Units-wise, the possibilities abound : full rental income from all 4 units, live in one and rent the other 3; convert 2 of the units in a 3bed/2 bath single residence, and rent the other 2. All the while retaining ownership of a property in the heart of the Art District, and a block away from the most magical sunsets in the world.
Location
State FL
County Pinellas
Community Boca Ceiga Park
Direction S
Rooms
Other Rooms Storage Rooms
Interior
Interior Features Solid Surface Counters, Solid Wood Cabinets
Heating Electric
Cooling Wall/Window Unit(s)
Fireplace false
Appliance Microwave, Refrigerator
Exterior
Exterior Feature Rain Gutters, Sidewalk
Parking Features Covered, Driveway, Parking Pad
Utilities Available Cable Available, Electricity Connected, Public
Roof Type Shingle
Porch Deck
Garage false
Private Pool No
Building
Lot Description FloodZone, Oversized Lot, Street Brick
Entry Level One
Lot Size Range Up to 10,889 Sq. Ft.
Sewer Public Sewer
Water Public
Structure Type Block,Other,Stucco
New Construction false
Construction Status No Contingency
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Assumable
Listing Terms Assumable
Special Listing Condition None
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Bought with REALTY PARTNERS LLC