5101 9th Avenue South

Listing Description

               
Welcome to this Gulfport Gem – a distinctive property boasting a main residence and an additional dwelling unit, each benefiting from individual driveways, entrances, and private yards. This freshly reimagined single-family home with an auxiliary unit 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. The property comes fully furnished, adding immediate value and ease to your move.

Nestled on a picturesque 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 sqft, offering a ground floor bedroom plus a loft—ideal for relaxation or a home office. Turnkey and boasting rental bookings since 2022, it's set to generate an immediate $6500 in income for the new owner during a final rental scheduled March 2nd through May 2nd. 

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 potential rental income is noteworthy, considering the bungalow has been only rented part time each year generating $18,900 in 2022 and $18,300 in 2023.  Not to mention the possibility of an additional $30,000 annually should you choose to rent out the main home.

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.