$1,657,500
$2,000,000
17.1%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
12 Baths
7,900 SqFt
SOLD DATE : 06/28/2024
Key Details
Sold Price $1,657,500
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 7,900 sqft
Price per Sqft $209
Subdivision Boca Ceiga Park
MLS Listing ID U8233039
Sold Date 06/28/24
Bedrooms 11
HOA Y/N No
Originating Board Stellar MLS
Year Built 1972
Annual Tax Amount $12,456
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 120x100
Property Description
**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*
Location
State FL
County Pinellas
Community Boca Ceiga Park
Zoning R3
Direction S
Interior
Interior Features Ceiling Fans(s)
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Cable Connected, Electricity Connected
Roof Type Membrane
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Block
New Construction false
Others
Senior Community No
Ownership Fee Simple
Special Listing Condition None
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Bought with DALTON WADE INC
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