5508 11TH AVENUE S at

5508 11TH AVENUE S

For sale Days on market 101

$749,000

$271/sq ft

$50,900
Price Decreased

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Overview

Bedroom

Year Built

1957

Sqft

2766

Property Type

Quadruplex

Property Description

Under contract-accepting backup offers. Perfect Investment Opportunity in Gulfport!!! This is an unparallel investment opportunity with Immediate CASH FLOW and NO FLOOD INSURACE required!!! Unaffected by recent hurricanes, this gem is close to Gulfport's lively arts district, upscale restaurants, chic and unique boutiques, and picturesque waterfront parks. Featuring three one-bedroom units and one two-bedroom unit, each updated, modernized, and impeccably maintained. The two upper units both have a nice sice Florida room/office/den and a balcony. Nearly 2800 sf of heated living space. The property sits on 2 lots and has a HUGE fenced in backyard and 3 sheds for extra storage. New roof in 2017 Each unit has its own water/sewer/trash account and separate electric meters. This is really an incredible opportunity. The minimum rental time is 1 month. Rent out all unit or live in one and make money with renting the other 3 units. (Can be bought together with 5518 11th Ave MLS TB8427452) Nestled near Boca Ciega Bay, enjoy easy access to a fishing pier, marina, gourmet dining options, and public transportation. Immerse yourself in the beauty of Tomlinson Park, boasting a baseball field, playground, pond, Hyatt Park, and pickle/tennis courts, alongside the nearby Pinellas Technical College, St. Petersburg/Gibbs Campus and Boca Ciega High School, Gulfport Library, and Catherine Hickman Theater, Pasadena Golf & Yacht Club, Palms of Pasadena Hospital, Stetson University College of Law, Boca Ciega Yacht Club, Clam Bayou Nature Park, and access to kayaking, walking, and biking trails of St. Petersburg, as well as the Gulfport Senior Center. Discover the vibrant downtown of Gulfport, a hub of cultural events year-round, and relish in its public beach with recreational amenities such as a playground, sand volleyball courts, charming shops, delectable eateries, and convenient bus stops. Only a short 30-minute drive to international airports and mere minutes away from the pristine Gulf Beaches, this property offers a rare opportunity to invest in the heart of Gulfport, one of Pinellas County's most coveted and rapidly expanding communities.

Property Details

MLS#

TB8427454

Address

5508 11TH

City

GULFPORT

State/county

Zip/Postal Code

33707

Area

Pasadena Heights

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$5,322

Maint Fee

$--

Tax Year

2024

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