5618 & 5618 1/2 Tangerine AVENUE S, Gulfport, FL, 33707 | $499,000

RARE opportunity to own TWO single family homes on ONE lot for either MULTI generation family living or INVESTOR who can rent each home separately or live in one and rent the other as each has its own entrance, parking and electric meter. Shared large newly FENCED private COURTYARD with enough space to gather around fire pit, entertain, barbecue or build a pool. Both homes have fresh coats of paint on the exterior and both ROOFS were replaced in 2016. Main home is charming 2 bedrooms, 1 bathroom with ORIGINAL HARDWOOD floors and BRICK wood burning FIREPLACE. Large PANTRY/STORAGE off the kitchen could be converted into OFFICE/DEN/LIBRARY/DINING room. LAUNDRY/utility room is accessible from the kitchen or back of the house. The second home is cute 1 bedroom, 1 bathroom with storage room and lots of potential. The property is located steps to TOMLINSON PARK with BASEBALL field, PLAYGROUND, OUTDOOR FITNESS, POND and half a mile to HYAT PARK and PICKLE/TENNIS courts and DOG PARK. Only 1. 5 miles from artsy DOWNTOWN of GULFPORT with a lots of events through out the year and its public BEACH with recreational area including PLAYGROUND, sand VOLLEYBALL courts, sidewalks, SHOPS, RESTAURANTS, LIBRARY and BUS STOPS. About 1 mile to PASADENA GOLF & YACHT CLUB and less than 2 miles to BOCA CIEGA YACHT CLUB and CLAM BAYOU NATURE PARK with access for KAYAKS and lots of TRAILS for daily jogging and BIKE rides. 6 miles to downtown of St. Petersburg and 3. 5 miles to St. Pete Beach and other popular and WORLD FAMOUS BEACHES **NO FLOOD INSURANCE REQUIRED**1 YEAR HOME WARRANTY** Come see this unique property today and start your FLORIDA lifestyle tomorrow.

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 50 x 127
  • Laundry: Laundry Room
  • Year Built: 1946
  • Garage: Alley Access, On Street, Open, Parking Pad
  • Heating: Central, Electric, Wall Units / Window Unit
  • Cooling: Central Air, Wall/Window Unit(s)
  • Approx Sq. Feet: 1,260
  • Acreage: 0.15
  • Lot Size: 50 x 127
  • Est. Taxes: $2,699
  • Elem. School: Gulfport Elementary-PN
  • Middle School: Thurgood Marshall Fund-PN
  • High School: Boca Ciega High-PN
  • Appliances: Electric Water Heater, Refrigerator
  • MLS#: A4610765
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/A4610765/5618and561812tangerineavenues_gulfport_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/18/2024 9:02:44 AM)
Listing courtesy of FUTURE HOME REALTY INC   Phone: 813-855-4982

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5618 & 5618 1/2 Tangerine AVENUE S, Gulfport, FL, 33707

$499,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,200 $399,200 $399,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.146 6.120%
Monthly Tax Payment $225 $225 $225
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,589 $2,622 $3,342
Total Monthly Payment $2,889 $2,922 $3,642

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.