5115 28th AVENUE S, Gulfport, FL, 33707 | $1,133,000

Unique Investment Opportunity: Quadruplex for Sale in Gulfport, FL
Presenting a rare and lucrative investment opportunity in Gulfport, Florida! This well-maintained quadruplex offers a mix of spacious 1-bedroom and 2-bedroom units, with a desirable layout that provides rental income potential on each floor. Located in a quiet, residential neighborhood, this property is ideal for investors looking to add a multifamily asset to their portfolio.
Property Features:
• Four Separate Units:
o Two 1-Bedroom, 1-Bath Units on the ground floor at the front of the property.
o For the back bldg there is One 1-Bedroom, 1-Bath Unit on the ground floor and One 2-Bedroom, 1-Bath Unit on the second floor.
• Rented: Both front units are currently occupied with stable tenants, providing immediate rental income from day one. Both back units are currently available for rental!
• Flexible Layout: The combination of 1-bedroom and 2-bedroom units allows for a diverse tenant base and strong rental demand in the area.
• Prime Location: Situated in a peaceful residential neighborhood, this property is just a short drive from shopping, dining, public transportation, schools, and the stunning Gulf Coast beaches.
• Spacious Grounds: The property sits on a large lot with a shared backyard, providing tenants with space for outdoor activities and enjoyment.
• Low Maintenance: This quadruplex has been well-kept, with updated features and easy-to-manage units, making it a great addition to any investor's portfolio.
This unique quadruplex in Gulfport offers both immediate rental income and long-term investment potential. The diverse mix of unit sizes, combined with its sought-after location, ensures high demand from prospective tenants.
Don’t miss out on this exceptional investment opportunity! Contact us today to learn more or schedule a showing.
Seller would prefer to sell all of her duplexes as a package: TB8324930, TB8324881, TB8324870, TB8324856, TB8324819

Features

  • Bedrooms: 5
  • Units: 4
  • Laundry: In Garage
  • Year Built: 1949
  • Garage: 3-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 2,700
  • Acreage: 0.2
  • Est. Taxes: $7,964
  • Elem. School: Gulfport Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Pet Policy: Yes
  • MLS#: TB8324930
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/TB8324930/511528thavenues_gulfport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/27/2024 10:33:57 PM)
Listing courtesy of CENTURY 21 RE CHAMPIONS   Phone: 727-398-2774

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5115 28th AVENUE S, Gulfport, FL, 33707

$1,133,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $906,400 $906,400 $906,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.625% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.750% 6.745%
Monthly Tax Payment $664 $664 $664
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,804 $5,804 $7,896
Total Monthly Payment $6,593 $6,593 $8,685

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.