Gulfport - Beach Property For Sale #4638101

With an eye on the dynamic real estate market, we are excited to present a new attractive price of $615,000 for this remarkable Gulfport Gem. This pricing update reflects our proactive strategy to align the property's value with current market trends and the aspirations of discerning homeowners. Recognizing the uniqueness of this as-is, thoughtfully updated property, the adjusted price thoughtfully considers the scope for any desired cosmetic enhancements, directly benefiting prospective buyers.

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* presents a perfect blend of communal living and privacy, offering 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.