3114 DUPONT STREET S

3114, 3116 DUPONT STREET S, GULFPORT DUPLEX – HUGE Price Adjustment from original (Pre-Hurricane) List Price!!! Major -$260K “Below Market” REDUCTION. Newer Metal Roof! Block Construction with a total of 3 residential living units. Currently zoned as a “Duplex” with a separate additional 2-Bed, 1-Bath Living area above the oversized 2-Car Garage. Note: The Finished 3rd Living area above the Garage includes an additional 700 SqFt of “Living Space” that is not currently reflected in the Public Records. The street level (ground floor) Duplex, units 3114 and 3116 feature Two 1 Bedroom, 1 Bathroom Units. Both units can be positioned as short term (rental) income properties for seasonal “guests” or they are equally suitable for a long term tenant. This fantastic property offers tremendous Living and income opportunity in one of the more sought after beach communities of Tampa Bay. This Duplex (+1) is a short stroll to the Gulfport Beach Park and Rec Center on Boca Ciega Bay. Close to all the shops, cafes and restaurants. This property features a Large Two Car Garage with the Additional Living Unit, above the garage. Located in the eclectic and quaint Gulfport Waterfront and Art District; just one block to the Boulevard Lined with Restaurants, Bars, Shops, and of Course, the Beautiful Historic Waterfront Casino. Beach Volleyball, Playground & Fishing Pier with a Boat Marina nearby. Unit 3114 is currently Homesteaded as the Sellers have been living in the additional space upstairs. Income options for the entire space (all 3-Units) could range from seasonal to longer term rentals. Recent Updates include a New Metal Roof: $30k, New privacy PVC fence, New ceiling in garage. The additional living space above the garage was renovated and permitted. The completed renovation updates include framing, plumbing, electrical, new AC ductwork and HVAC system, new impact/storm windows, new stairs, new flooring, new paint, updated bathroom. Additional Upstairs Residential Unit (2-Bed, 1-Bath living space) Dimensions (Provided by Owner in Inches): Living room 275×151; Bedroom-1 132×121; Bedroom-2 132×121. Both bedroom measurements do not include the closet space. Bathroom 103×69. AC duct work replaced in 2021. More information on rental income – Available on Request. “Projected Income” based solely on potential Annual Rent. Seasonal Income could be significantly higher. All “rents” are “market driven” and are subject to fluctuation based on demand. Updated ‘Main Water Line’ to street has recently been fully replaced (from the Main City Shut-Off Valve). All New Pipes!!! Total SqFt includes additional 700 SqFt for finished 3rd Living space above the 2-Car Garage. The fully renovated 2/1 Apartment above the garage is ‘Turn-Key’ and ready. A new owner can live onsite while supervising post storm renovations of the two street level units. All interior photos of ground floor units are “pre-storm” images. Sold ‘As-Is’. Seller is in process of securing rehab permits with his GC. Great Value Proposition & ARV/ROI Potential! Seller is willing to consider all reasonable Offers. The street level unit 3114 shares the same address as the upstairs domicile. Based on the current price, Seller will consider CASH Offers ONLY!!! Great Investment Opportunity in the highly sought after waterfront haven of Gulfport!!! Assignable VA mortgage ONLY for a qualified VET that will use their OWN VA Entitlement AND will reside on the property as a primary residence during the rehab.