Property
Beds
11
Full Baths
None
1/2 Baths
None
Year Built
1972
Sq.Footage
7,900
**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*
Features & Amenities
Interior
-
Total Bedrooms
11
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
N/A
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block
-
Other Exterior Features
Other
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.28
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$2,000,000
-
Tax Amount
12456.64
-
Zoning
R3
-
Sq. Footage
7, 900
-
Price/SqFt
$253
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Slab
-
Ownership
Fee Simple
-
Sewer
Public Sewer
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Location
County
Pinellas
Elementary School
Middle School
High School
Listing Courtesy of Ashley Frazier , DALTON WADE INC
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