NOT in MLS: Block Home in Gulfport, FL for only $299,900! That's $210K+ BELOW Renovated Comps! (NOT a Short Sale or Foreclosure)
3001 57th St S Gulfport FL 33707
| The Numbers | |
| Sale Price: | $299,900 |
| Needed Upgrades: | $90,000 |
| After Repair Value: | $510,000 |
| Spread: | $210,000 |
| Description of Home | |
| Type: | Detached Home |
| Bedrooms: | 2 |
| Bathrooms: | 2 |
| Levels: | 1 |
| Parking: | 1 Car Garage |
| Square Feet Total: | 1224 |
| Lot Size(Acres): | 6599sf / .15 acres |
| Sale Comps | |
| 2707 56th St S - Sold - $535,000 | |
| 3025 56TH St S - Sold - $510,000 | |
| 3026 51st St S - Sold - $500,000 | |
| Rent Comps | |
| 3102 Dupont St S - Rented - $3,335 | |
| 5420 29th Ave S, Unit A - Rented - $3,000 | |
| 5132 25th Ave S - Rented - $2,795 |
Additional Information
Excellent Gulfport Investment Opportunity! This 2br 2ba 1224sqft block home w a 1 car garage has old hurricane flood damage that was cleaned up and dryawall cut out, but not replaced. A great opportunity for rehab investor as renovated homes in the area have sold for $510,000+, while this property is available for just $299,900, leaving you $210K+ in equity spread to work with. For buy and hold investors, you could finish the drywall and kitchen and rent it out for up to $3,000/month. per month. Opportunities like this don't last long! NOTE: The home is currently occupied but will be vacant before closing. Please respect the occupant's privacy and contact us about seeing inside.
Disclosures
All information, including figures, are provided in good faith, but are not guaranteed to be accurate. Buyers should conduct their own due diligence. We are not agents and this is not a pocket listing. We are under contract with the title holder and considered principals in the transaction. Anyone attempting to contact the title holder will be viewed as intentional interference with a contract and legal action may be brought against you. Additionally, you will be permanently removed from our mailing list and the mailing list of other major wholesalers in the area.