3025 54th STREET S, Gulfport, FL, 33707 | $995,000

Prime income property located in the heart of Gulfport's Waterfront Redevelopment District! This exceptional 5-plex is just one block from Veteran's Park, the fishing pier, and Gulfport's renowned culinary destinations. Enjoy the convenience of walking to downtown Gulfport's vibrant array of restaurants, unique shops, the beach, Casino ballroom, beach volleyball courts, weekly farmer's market, and dynamic nightlife.
This well maintained masonry 5-plex features three spacious studios, a 1BR/1BA, and a 1BR/1. 5BA apt. All units boast easy care vinyl flooring and two offer partial water views. Tenants will appreciate the newly resurfaced onsite parking lot ensuring hassle-free parking. This property includes five separate electric meters and a single water meter, enhancing its investment appeal. Fresh exterior paint and a newly landscaped courtyard add to its curb appeal.

A rare opportunity to own an income property in a prime downtown location near the waterfront, situated in non-flood zone X. Property fared well during summer storm season with no flooding to the structure. This desirable property promises a sought-after lifestyle for tenants and a lucrative investment for you. Don't miss out on this exceptional opportunity!

Features

  • Bedrooms: 2
  • Units: 5
  • Lot Size: 65 x 135
  • Laundry: Other
  • Year Built: 1973
  • Garage: Off Street, Parking Pad
  • Heating: Central, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 3,239
  • Acreage: 0.2
  • Lot Size: 65 x 135
  • Est. Taxes: $8,142
  • Lot Desc: Corner Lot, City Lot, Near Public Transit, Sidewalk
  • MLS#: U8244756
  • Days on Market: 177 days
  • Website: https://www.raveis.com
    /prop/U8244756/302554thstreets_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 1/8/2025 10:32:07 AM)
Listing courtesy of CALDWELL REALTY   Phone: 727-321-1212

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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3025 54th STREET S, Gulfport, FL, 33707

$995,000

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 $796,000 $796,000 $796,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.559% 6.723% 6.847%
Monthly Tax Payment $679 $679 $679
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,163 $5,097 $6,989
Total Monthly Payment $5,933 $5,867 $7,759

* 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.