Uncover a prime investment or spacious living opportunity in the heart of Gulfport! This 2-bedroom, 2-bath multifamily property at 1608 53rd St S offers 1,272 sqft of potential in a highly sought-after area. Built in 1951, this solid property carries the classic charm of its era and is an ideal canvas for an investor looking for rental income or a homeowner who wants to live in one unit and rent out the other.
Key Investment Highlights:
- Income-Generating Potential: As a multifamily property, this residence is perfectly positioned to generate passive income.
- Spacious Living: The 1,272 sqft of living space provides ample room, a rare find in the area for this price point.
- Affordable Entry Point: With a Zestimate® of $354,300 and an estimated refinance payment of $2,404/mo, this is an accessible way to break into the booming Gulfport real estate market.
- Vibrant Community: The property is located in Gulfport, a community known for its unique arts district, lively events, and proximity to the beautiful Boca Ciega Bay. Residents will enjoy a short distance to local restaurants, shops, and the waterfront.
- Classic Gulfport Character: Built in 1951, the building has a timeless appeal and a sturdy structure, ready for updates to maximize its rental or resale value.
This is more than just a home; it’s a strategic investment in a thriving Florida community. Don’t miss your chance to own a piece of Gulfport’s charm and unlock its financial potential.
Contact us today to explore this unique opportunity!
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