5101 9Th S Ave Gulfport FL 33707 MLS U8231934
$599,000
Reduced By $46,000
last change 5/14/2024
5101 9Th S Ave
Gulfport,
FL
33707
MLS# U8231934
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Home Description: 5101 9Th S Ave
Gulfport Gem in NON-FLOOD ZONE! Perfect for investors with rental history for bungalow unit dating back to 2022. Great option for snowbirds looking for an extra income stream and low-maintenance property. Excellent choice for those with extended families!
Welcome to a distinctive property boasting a main residence and an additional dwelling unit, each benefiting from individual driveways, entrances, and private yards. This 1948 single-family home with an "mother-in-law-suite"offers a versatile opportunity for families desiring dedicated space or investors in search of a lucrative income stream.
Nestled on a corner lot in flood zone X, both the main home and the bungalow have separate addresses and utility metering, adorned with charming Gulfport-inspired touches. The main home (5101 1/2) sprawls over 756 sq ft above a spacious 2-car garage, featuring two cozy bedrooms and 1.5 bathrooms. Its open-concept kitchen and living area invite memorable gatherings, while the bungalow (5101) extends over 936 sq ft, offering a ground floor bedroom plus a loft—ideal for relaxation or a home office; it is turnkey and boasting rental bookings since 2022.
Outdoor living is at its finest here, with a screened porch for tranquil evenings, a Tiki bar for entertaining, new low-maintenance landscaping including artificial grass and limestone for effortless upkeep. The property also houses an air conditioned, artist's studio in the shed, offering a creative retreat or additional storage space.
Positioned ideally for adventure seekers, the home is just blocks from the Pinellas bike trail, minutes from downtown Gulfport's arts scene, and within easy reach of pristine Gulf beaches. With St. Petersburg, Treasure Island, and St. Pete Beach nearby, plus Tampa and Sarasota within a short drive, endless exploration awaits. Tampa International is also conveniently located just 30 minutes away.
Significant upgrades include new roofs on both structures in 2022 as well as two new hot water tanks, a new central AC unit with Nest thermostat for enhanced comfort in the bungalow in 2023, and the main home's addition of two new mini-split AC units and solar panels for energy efficiency. Also installed at each door, keyless entry. The bungalow has been only rented part time each year, generating $18,900 in 2022 and $18,300 in 2023. All rental figures are available by request.
This property is more than a home; it's a lifestyle and an investment opportunity wrapped into one. Discover the unique blend of community, creativity, and convenience that makes Gulfport the coveted locale it is. Don't miss out on this multifaceted Gulfport Gem, where every detail contributes to a life well-lived.
Neighborhood
The average asking price of a 3 bedroom Gulfport home in this zip code is
$785,342 (31.1% more than this home).
This home is priced at $354/sqft,
which is 30.1% less than similar homes
in the 33707 zip code.
Similar to: 5101 9Th S Ave
For Sale Near: 5101 9Th S Ave