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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
Waterfront false
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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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with DALTON WADE INC
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